Exam 13: Introduction to Contracts
Exam 1: An Introduction to Dynamic Business Law90 Questions
Exam 2: Business Ethics90 Questions
Exam 3: The Us Legal System90 Questions
Exam 4: Alternative Dispute Resolution89 Questions
Exam 5: Constitutional Principles90 Questions
Exam 6: International and Comparative Law90 Questions
Exam 7: Crime and the Business Community90 Questions
Exam 8: Tort Law90 Questions
Exam 9: Negligence and Strict Liability90 Questions
Exam 10: Product Liability90 Questions
Exam 11: Liability of Accountants and Other Professionals87 Questions
Exam 12: Intellectual Property90 Questions
Exam 13: Introduction to Contracts90 Questions
Exam 14: Agreement89 Questions
Exam 15: Consideration90 Questions
Exam 16: Capacity and Legality90 Questions
Exam 17: Legal Assent90 Questions
Exam 18: Contracts in Writing90 Questions
Exam 19: Third-Party Rights to Contracts90 Questions
Exam 20: Discharge and Remedies89 Questions
Exam 21: Introduction to Sales and Lease Contracts85 Questions
Exam 22: Title, Risk of Loss, and Insurable Interest88 Questions
Exam 23: Performance and Obligations Under Sales and Leases87 Questions
Exam 24: Remedies for Breach of Sales and Lease Contracts90 Questions
Exam 25: Warranties89 Questions
Exam 26: Negotiable Instruments: Negotiability and Transferability88 Questions
Exam 27: Negotiation, Holder in Due Course, and Defenses90 Questions
Exam 28: Liability, Defenses, and Discharge90 Questions
Exam 29: Checks and Electronic Fund Transfers90 Questions
Exam 30: Secured Transactions90 Questions
Exam 31: Other Creditors Remedies and Suretyship90 Questions
Exam 32: Bankruptcy and Reorganization90 Questions
Exam 33: Agency Formation and Duties90 Questions
Exam 34: Liability to Third Parties and Termination90 Questions
Exam 35: Forms of Business Organization90 Questions
Exam 36: Partnerships: Nature, Formation, and Operation90 Questions
Exam 37: Partnerships: Termination and Limited Partnerships90 Questions
Exam 38: Corporations: Formation and Financing90 Questions
Exam 40: Corporations: Mergers, Consolidations, Terminations90 Questions
Exam 41: Corporations: Securities and Investor Protection86 Questions
Exam 42: Employment and Labor Law90 Questions
Exam 43: Employment Discrimination90 Questions
Exam 44: Administrative Law90 Questions
Exam 45: Consumer Law90 Questions
Exam 46: Environmental Law90 Questions
Exam 47: Antitrust Law87 Questions
Exam 48: The Nature of Property, Personal Property, and Bailments90 Questions
Exam 49: Real Property90 Questions
Exam 50: Landlord-Tenant Law90 Questions
Exam 51: Insurance Law90 Questions
Exam 52: Wills and Trusts90 Questions
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[Wrong Deck] Gina hires Jackson over the telephone to paint her back deck. She tells him her address and agrees to pay him $200 for the job, and he accepts. They enter into the agreement on Tuesday, and he is to paint the deck on Saturday. Jackson had a little difficulty finding her house because he spilled coffee on the note where he wrote her address. When Jackson arrives, neither Gina nor her neighbor is at home. He mistakenly paints the neighbor's deck. Gina calls him the next day and asks him why he did not paint her deck. He informs her that he did paint the deck. When it is discovered that he mistakenly painted the neighbor's deck, Gina tells him not to worry because the neighbor will be required to pay him. Jackson says that if the neighbor does not pay, then he expects all of the payment from Gina, because the contract is executed.
-Which of the following statements is true about ESIGN?
(Multiple Choice)
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[Dog Training] Nia and Bruno enter into a written contract for Bruno to train Nia's dog. Under the contract, Nia is required to pay Bruno $20 for each training session.
-What type of contract is the dog training contract?
(Multiple Choice)
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[Dog Training] Nia and Bruno enter into a written contract for Bruno to train Nia's dog. Under the contract, Nia is required to pay Bruno $20 for each training session.
-Which of the following is true about void and voidable contracts?
(Multiple Choice)
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The response that the offeror expects from the offeree determines whether a contract is bilateral or unilateral.
(True/False)
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If a contract is for the sale of goods, it falls under Article 2 of the UCC; if it is for anything else, it falls under ________.
(Multiple Choice)
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In the U.S., which of the following are the two most important sources of contract law?
(Multiple Choice)
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The purpose of a covenant not to compete, in the employer/employee context, is to restrict what an employee may do after leaving a company.
(True/False)
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[Book Sale] Yasmeen offered to sell Dylan a used business law book for $50. She told him that he could use it in his upcoming business law class the next semester. However, there was a problem with the book; it was several editions old. Dylan was not aware of that fact, and neither was Yasmeen. When Dylan took the book to class and realized the problem, he went back to Yasmeen requesting a refund. Yasmeen refused to return his money. She claimed that she did not commit fraud because subjectively she thought that the book was correct, and that a binding contract existed. The book, however, is outdated and cannot be appropriately used in the class.
-Which analysis of the effect of the discovery that Dylan has a book that is not appropriate for the class would be correct?
(Multiple Choice)
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Which country has seven chapters of general provisions for contracts but also has chapters with special provisions for 15 different types of contracts?
(Multiple Choice)
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Of the following, which was introduced by prominent legal scholars who were recruited by the American Law Institute?
(Multiple Choice)
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Which of the following references the requirement that a contract not be either illegal or against public policy?
(Multiple Choice)
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Generally, when determining whether a contract exists the ________ intent of the parties is not relevant; rather, what matters is how they represented their intent through their actions and words.
(Multiple Choice)
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[Wrong Deck] Gina hires Jackson over the telephone to paint her back deck. She tells him her address and agrees to pay him $200 for the job, and he accepts. They enter into the agreement on Tuesday, and he is to paint the deck on Saturday. Jackson had a little difficulty finding her house because he spilled coffee on the note where he wrote her address. When Jackson arrives, neither Gina nor her neighbor is at home. He mistakenly paints the neighbor's deck. Gina calls him the next day and asks him why he did not paint her deck. He informs her that he did paint the deck. When it is discovered that he mistakenly painted the neighbor's deck, Gina tells him not to worry because the neighbor will be required to pay him. Jackson says that if the neighbor does not pay, then he expects all of the payment from Gina, because the contract is executed.
-As of Tuesday when Jackson and Gina agreed upon the price for the job, what was the status of the agreement?
(Multiple Choice)
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Brent and Gayle complete their contractual obligations to each other. This is known as a(n) ________.
(Multiple Choice)
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In Baum v. Helget Gas Products, Inc., what was the outcome of the handwritten notes that were claimed to comprise an employment contract?
(Multiple Choice)
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A[n] ________ arises when a person acknowledges in court that he or she will perform some specified act or will pay a price upon failure to do so.
(Multiple Choice)
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This type of contract is sometimes referred to as an implied-in-law contract but are not actually contracts.
(Multiple Choice)
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A contract is ________ for the breach of which the law gives a remedy or the performance of which the law in some way recognizes a duty.
(Multiple Choice)
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