Exam 10: Nature and Classification

Flo tells Ginger during a phone call that she will buy her textbook from last semester for $65. Ginger agrees. These parties have

Robin claims that her contract with Stroud for tennis lessons is voidable. If their contract is avoided

All contracts include an implied covenant of good faith and fair dealing.

A quasi contract is a fictional contract.

Francie drives into Gage's Auto Service and asks Hong, a Gage's employee, to replace a tire on Francie's car. After Hong replaces the tire, but before Francie pays for it, any contract between Francie and Gage's is

The term consideration refers to the legality of the subject matter of a contract.

Informal contracts are usually based on their sub-stance rather than their form.

An offer may not be revoked before it is accepted.

A contract is valid only if both of the parties entering into it have the capacity to do so.

GR8 Marketing Company and Brainfreeze Tunes, Inc., sign a document that states GR8 agrees to create a marketing campaign for Brainfreeze, which agrees to pay GR8 for the service. GR8 and Brainfreeze have

Cellphones & Calltime, Inc., makes an offer to Delores to enter into a contract to work as a salesperson for a certain base salary plus commission for ninety days subject to a one-year renewal based on her performance. Delores accepts the offer. A valid contract requires

Francisca and Garden Estate, Inc., enter into a contract for the use of a Victorian mansion and its grounds for a wedding and reception. If ambiguities appear in the contract, they will be construed against the party that