Exam 9: Nature of Traditional and E-Contracts

Hilda Homeowner said to her neighbor,Paulette Painter,"If you paint my house,I'll pay you $1,500.All you must do is finish by the end of the next month.My price assumes that you will pay for all of the paint and any needed supplies." Paulette decided to paint the house.She purchased some supplies as well as enough paint to complete the job.On the morning that Paulette was about to begin painting,Hilda told her that she had changed her mind and would not pay Paulette to paint the house.Discuss the rights of the parties in this situation.

Windsor,the owner of Windsor's Sandwiches,contacts a new supplier Gary.He tells Gary that he will pay him $375 if Gary delivers 20 pounds of cheese.Gary promises to make the delivery as requested by Windsor.This creates a ________ contract between them.

The ________ states that the intent to enter into a contract is judged by the reasonable person standard and not by the subjective intent of the parties.

An offer for a unilateral contract can always be revoked at any time prior to the offeree's completion of the requested act.

Informal contracts are always oral.

What is the importance of quasi-contracts?

Which of the following classifications of contracts is based on enforceability?

Explain the doctrine of equity with reference to contracts.

Amanda says to Josh,"I'll pay you $30 if you mow my lawn tomorrow." Josh says nothing.If Josh doesn't mow her lawn,Amanda can sue Josh for breach of contract.

The offeree is the party who makes an offer to enter into a contract.

Which of the following is an informal contract?

The Restatement of the Law of Contracts is the agreed upon federal law in the United States.

Otto approaches Mary and says,"If you pick up my new suit for me at the mall tomorrow,I'll pay you $20." Mary replies,"I don't know if I'll have time to get it,but I'll see if I get a chance." As a result of this conversation ________.

Article 2A of the UCC prescribes a set of uniform rules for the creation and enforcement of ________.

Stella is injured in a motor accident and is brought to the hospital by a passerby.Stella subsequently slips into a coma.The doctors perform the necessary medical procedures to save her life.Stella comes out of her coma after two months and is released from the hospital after the doctors are satisfied with her recovery.Under the doctrine of ________,Stella has to pay the hospital for its services.

What is the need for a Uniform Computer Information Transactions Act?

An oral agreement to purchase a neighbor's bicycle is a(n)________ contract

Genuineness of assent means that either party's consent is obtained by duress.

Kyle goes to a used-car showroom to buy a sedan.He signs an agreement with the store which bears the name of the car,price,and other details.This is an example of a(n)________ contract.

An offeree can respond with a promise of acceptance to an offeror's promise to form a ________ contract.