Exam 9: Introduction to Contracts

Jennifer has offered to sell her computer for $1750 to Jack.She tells Jack that the computer is only six months old but,in fact,the computer is three years old,and Jennifer wants to unload the lemon.Jack agrees to buy the computer based on Jennifer's representations.This contract is:

On January 16,Deb offers to sell her waterbed to Colleen for $600.Colleen accepts and agrees to pay Deb $600 on January 27.Which of the following is correct?

Erin goes into Great Buy Electronics store and purchases a TV.She agrees to pay for the TV in 30 days on the store's "30 days same as cash" plan.This is an executed contract.

What is not required to establish promissory estoppel?

Contracts that do not arise from mutual agreement but are created by courts to avoid unjust enrichment are:

Which of the following represents a unilateral offer?

The common law governs contracts for:

Discuss the requirements of promissory estoppel.

One of the factors leading courts away from a laissez-faire approach to contract law was:

Walter enters a dentist office and points to a damaged tooth.The dentist,Matt,treats the tooth.If Walter refused to pay and Matt sued:

Which of the following statements about quasi-contracts is true?

Which of the following types of property would be goods under the Uniform Commercial Code?

The basic distinction between a bilateral contract and a unilateral contract is that:

As English judges were developing the common law of contracts in the twelfth and thirteenth centuries:

Alex promises to pay $100 to anyone who finds his lost watch.Kate finds and returns the watch to Alex after hearing of the reward money.Alex and Kate have an enforceable unilateral contract.

Under a contract,Danielle is required to make a set of draperies out of fabric chosen by the homeowners,the Flynns.After Danielle makes the draperies according to the contract requirements,her duties under the contract are discharged.

Which of the following statements about an express contract is true?:

Dawn and Isaac sign a contract in which Dawn agrees to deliver 8 bags of flour in exchange for Isaac's promise to pay $25 per bag.Dawn delivers the flour.Isaac pays for the goods.This contract is fully executory.

A quasi-contract is the legal designation of an oral contract.

The courts will find an implied contract when: