Exam 14: Written Contracts
Exam 1: Introduction to the Law72 Questions
Exam 2: Ethics in Business72 Questions
Exam 3: The Courts and Our Legal System72 Questions
Exam 4: Constitutional Law72 Questions
Exam 5: Business Torts72 Questions
Exam 6: Intellectual Property72 Questions
Exam 7: Business Crimes72 Questions
Exam 8: Introduction to Contracts72 Questions
Exam 9: Offer and Acceptance72 Questions
Exam 10: Consideration72 Questions
Exam 11: Capacity72 Questions
Exam 12: The Legality of Agreements72 Questions
Exam 13: Voluntary Consent72 Questions
Exam 14: Written Contracts72 Questions
Exam 15: Third Party Rights72 Questions
Exam 16: Termination and Remedies72 Questions
Exam 17: Introduction to Sales and Lease Contracts72 Questions
Exam 18: Title and Risk of Loss72 Questions
Exam 19: Performance and Breach72 Questions
Exam 20: Warranties and Product Liability72 Questions
Exam 21: Consumer Protection72 Questions
Exam 22: The Essentials of Negotiability72 Questions
Exam 23: Negotiable Instruments: Transfer and Liability72 Questions
Exam 24: Banking in the Digital Age72 Questions
Exam 25: Agency Relationships72 Questions
Exam 26: Employment, Immigration, and Labor Law72 Questions
Exam 27: Employment Discrimination72 Questions
Exam 28: Types of Business Organizations72 Questions
Exam 29: Formation and Ownership of a Corporation72 Questions
Exam 30: Management of a Corporation72 Questions
Exam 31: Combining and Dissolving a Corporation72 Questions
Exam 32: Credit and Security72 Questions
Exam 33: Mortgages72 Questions
Exam 34: Bankruptcy72 Questions
Exam 35: Insurance72 Questions
Exam 36: Personal Property72 Questions
Exam 37: Bailments72 Questions
Exam 38: Real Property72 Questions
Exam 39: Landlord and Tenant Law72 Questions
Exam 40: Wills and Trusts72 Questions
Exam 41: Administrative Law72 Questions
Exam 42: Antitrust Law72 Questions
Exam 43: International and Space Law72 Questions
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Physicians Clinic orders by phone seven boxes of single-use latex gloves from Quality Medical Supplies, Inc. After three boxes are delivered and accepted, Physicians Clinic repudiates the contract. Quality Medical can enforce the contract to
(Multiple Choice)
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For a particular contract to fall under the one-year rule, the parties must subjectively believe that its performance is impossible to complete within a year.
(True/False)
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Oscar orally agrees with Papa's Pizza Restaurant to provide delivery service to its customers for nine months. This contract is enforceable by
(Multiple Choice)
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An integrated contract is a contract with more than one subject or part.
(True/False)
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In a transaction for the sale of a warehouse, Storage Company tells Truck Transfer Corporation that the office furniture is included. The contract says nothing about furniture, but does state, "This document supersedes all oral promises relating to the sale." Is the furniture part of the sale? Why or why not?
(Essay)
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ActioNOW and Becca enter into an oral contract in which Becca agrees to work on a project for ActioNOW for eighteen months. This contract is enforceable by
(Multiple Choice)
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The Statute of Frauds operates as a defense to the enforcement of an oral contract for the sale of land.
(True/False)
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A primary obligation is a promise to pay another's debt only if that party fails to pay.
(True/False)
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Dick's Burgers n' Shakes enters into an oral contract with Restaurant Equipment Warehouse (REW) for REW's sale to Dick's of a single-spindle milkshake mixer for $300. Assuming the terms can be proved, the contract is enforceable by
(Multiple Choice)
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Fact Pattern 14-3 Alain and Brie sign a contract for the sale of Alain's Patisserie to Brie. The parties intend their written contract to be a final statement of most, but not all, of the terms of their agreement-Alain must first buy the building from Commercial Properties, Inc., after which Alain and Brie will agree on a price.
Refer to Fact Pattern 14-3. Brie later disputes some of the provisions of the deal with Alain. If the dispute results in litigation, a court will most likely admit evidence of additional terms that are
(Multiple Choice)
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Waterfront Hotel Corporation in Boston offers a job to Carol, who lives in Denver. Carol orally agrees to work for Waterfront for two years. She moves her family to Boston and begins work. Three months later, she is fired for no stated cause. She files a suit against the employer for reinstatement or pay. Waterfront pleads the lack of a written contract. In whose favor is the court likely to rule, and why?
(Essay)
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In some states, an otherwise unenforceable oral contract may be enforced under the doctrine of promissory estoppel.
(True/False)
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To satisfy the UCC's Statute of Frauds, a writing need only state the price term.
(True/False)
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Fact Pattern 14 - 1 Grain Co-op LLC and Hearty Cereals Inc. discuss the terms of a contract for periodic deliveries of corn. Grain faxes Hearty a memo on Grain's letterhead that summarizes the points on which they agreed, including a two-year term. Grain begins to perform, and Hearty accepts the deliveries but refuses to pay.
Refer to Fact Pattern 14 - 1. Between Grain and Hearty, there is
(Multiple Choice)
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Maya and Nick enter into a contract. To be enforceable, the contract must include
(Multiple Choice)
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Ranchland Properties and Prairie State Investments sign a written contract for a sale of land. In some states, to be enforceable, this contract must include
(Multiple Choice)
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Under the Statute of Frauds, certain contracts must be in writing to be enforceable.
(True/False)
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Merl separately buys a tablet for $500, running shoes for $200, and a set of the Game of Crowns books for $100. To be enforceable as a contract, a writing is required for the purchase of
(Multiple Choice)
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Lewis tells a representative of Music Inc. that he will pay for Nora's trumpet if she does not. Lewis does not secure any personal benefit for this promise. This promise is enforceable as a contract
(Multiple Choice)
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Oral evidence cannot be introduced at a trial to "fill in the gaps" of a contract with incomplete terms.
(True/False)
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