Exam 13: Introduction to Contracts

In a[n] ________ contract, the offeror wants a performance to form the contract.

For several months, Yolanda has been picking up Tom's suit at the cleaners on the first Monday of each month. Each month, Tom pays her $25 when she delivers the suit to his office. This month she picks up the suit and delivers it to Tom's office. Tom refuses to pay Yolanda the $25, stating that they did not have a contract. What type of contract did Tom and Yolanda have?

When there is a law that prohibits the courts from enforcing a valid contract, it may be valid but ________.

Quinton is 15 years old and pays cash to purchase a laptop computer from Brittany's Used Laptops. Quinton uses the computer for a week and then decides he wants a different laptop and returns the laptop to the store. Brittany tells Quinton that she will not allow Quinton to return the laptop. Quinton says she must. Is Quinton correct?

Which of the following is the reason the Uniform Commercial Code was drafted?

A contract is said to be ________, once all the terms of the contract have been fully performed.

Which of the following are examples of formal contracts?

An offeror in a contract is ________.

Any contract that is not a formal contract is an informal contract, also called a simple contract.

Which of the following is the most likely measure of recovery when a quasi-contract is involved?

Philip promises to tutor Erin for $25 an hour. Philip has tutored Erin but she has not paid. This contract is ________.

Section 29 of the contract which states, "Pigment may be redesigned at any time." -If this case ended up in court, what might the court most likely find to be the proper price of the flowers, according to the terms of the contract?

Which of the following contracts are usually voidable?

Section 29 of the contract which states, "Pigment may be redesigned at any time." -Flo claims that "pigment redesign" in Section 29 is regularly used in the flower business, and that she had every right to "redesign" the color of the arrangements because she is a professional in the business. On which general guideline of contract interpretation is Flo relying?

First, define an express contract and an implied contract. Next, present the three conditions that generally must be met for the courts to find an implied contract, and provide an example of an express contract, and an implied contract.

The Restatement (Second) of the Law of Contracts is not actually the law itself.

Katie mows her own yard to save money. Her neighbor Jonah, however, hires a lawn service to mow his yard. One day, as Katie is looking out of the window, Jonah's lawn service drives up. To her surprise, they begin to mow her yard, not Jonah's yard. Katie thinks that is great and keeps her mouth shut while they mow the yard. Later, she gets a bill. She calls the owner of the lawn service and says that she does not have to pay because there was not a contract in place where she agreed to have her yard mowed. The lawn service says that she is liable for the full amount of its contract. Discuss whether the lawn service is entitled to any recovery, and why or why not.

A bond used as bail in a criminal case is a recognizance, which is an example of a formal contract.

Barette and Julianna agree in writing to buy and sell a piece of property. All the terms are completed except that Julianna has not paid the required $50,000 purchase price. What type of contract is this?

________ theory in contract law, means that the existence and interpretation of the contract is based on the outward manifestations of intent by the parties.