Exam 16: The Form and Meaning of Contracts
Exam 1: Law, Legal Reasoning, and the Legal Profession50 Questions
Exam 2: Dispute Settlement50 Questions
Exam 3: Business Ethics and Corporate Social Responsibility50 Questions
Exam 4: Business and the Constitution50 Questions
Exam 5: Crimes50 Questions
Exam 6: Intentional Torts50 Questions
Exam 7: Negligence and Strict Liability50 Questions
Exam 8: Licensing and Intellectual Property50 Questions
Exam 9: The Nature and Origins of Contracts50 Questions
Exam 10: Creating a Contract: Offers50 Questions
Exam 11: Creating a Contract: Acceptances50 Questions
Exam 12: Consideration50 Questions
Exam 13: Capacity to Contract50 Questions
Exam 14: Voluntary Consent50 Questions
Exam 15: Illegality50 Questions
Exam 16: The Form and Meaning of Contracts50 Questions
Exam 17: Third Parties Contract Rights50 Questions
Exam 18: Performance and Remedies50 Questions
Exam 19: Formation and Terms of Sales Contracts50 Questions
Exam 20: Warranties and Product Liability50 Questions
Exam 21: Performance of Sales Contracts50 Questions
Exam 22: Remedies for Breach of Sales Contracts50 Questions
Exam 23: The Agency Relationship-Creation, Duties, and Termination50 Questions
Exam 24: Liability of Principals and Agents to Third Parties50 Questions
Exam 25: Employment Laws50 Questions
Exam 26: Which Form of Business Organization50 Questions
Exam 27: Partnerships50 Questions
Exam 28: Formation and Termination of Corporations50 Questions
Exam 29: Management of the Corporate Business50 Questions
Exam 31: Securities Regulation50 Questions
Exam 32: Legal Liability of Accountants50 Questions
Exam 33: Personal Property and Bailments50 Questions
Exam 34: Real Property50 Questions
Exam 35: Landlord and Tenant50 Questions
Exam 36: Estates and Trusts50 Questions
Exam 37: Insurance50 Questions
Exam 38: Negotiable Instruments50 Questions
Exam 39: Negotiation and Holder in Due Course50 Questions
Exam 40: Liability of Parties50 Questions
Exam 41: Checks and Electronic Fund Transfers50 Questions
Exam 42: Introduction to Security50 Questions
Exam 43: Security Interests in Personal Property50 Questions
Exam 44: Bankruptcy50 Questions
Exam 45: The Antitrust Laws47 Questions
Exam 46: Consumer Protection Laws50 Questions
Exam 47: Environmental Regulation50 Questions
Select questions type
Miriam makes an oral agreement with John to sell him 200 acres of prime farmland for a mere $500.Their agreement is:
Free
(Multiple Choice)
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Correct Answer:
D
A famous publisher makes an oral deal with Professor Cullison to write a new Legal Ethics book.The parties agree that Professor Cullison's work will be due in five years.Under this scenario,the contract is:
Free
(Multiple Choice)
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Correct Answer:
B
A person's promise made on an original contract is identical to the promise a third party makes on a guaranty contract.
Free
(True/False)
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Correct Answer:
False
Paulsen and Warren enter into a written contract.Warren later sues Paulsen for breaking a certain oral promise that Warren alleges is part of their deal.Paulsen's oral promise is not included in the terms of the written contract.At trial,Warren attempts to introduce evidence about the oral promise,and Paulsen's attorney objects to the admission of the evidence on the ground that it violates the parol evidence rule.A court would refuse to admit evidence about Paulsen's oral promise if:
(Multiple Choice)
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If an oral contract has been declared unenforceable by the court,yet one of the parties has rendered some performance under the contract that conferred benefits on the other party,he/she can recover the reasonable value of the performance in:
(Multiple Choice)
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Sunny makes an oral agreement with WudWerks to create 100 custom-made chairs for her restaurant for $14,000.After WudWerks had shifted around their production schedule to produce the chairs,Sunny calls WudWerks and says that she no longer wants the chairs and that their deal is off.Under this scenario:
(Multiple Choice)
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Contracts that are required to be in writing by the statute of frauds are:
(Multiple Choice)
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A fully executory,bilateral contract that cannot be performed within a year after it is made need not be evidenced by a writing to be enforceable.
(True/False)
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Leroy writes a letter that said,"I agree to sell to Jay 5 modern art paintings" and he signs the letter.What happens according to the code if Jay is a merchant and he receives this writing from Leroy and does not object in writing within 10 days after receiving it?
(Multiple Choice)
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Why do contracts that involve the executors' agreements to personally pay their decedents' debts that are covered by the statute of frauds to be in writing to be enforceable?
(Essay)
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For the requirement that certain types of contracts must be in writing,promissory estoppel is an exception to:
(Multiple Choice)
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Harold makes an oral agreement to purchase Tina's boat for $700.Under the UCC:
(Multiple Choice)
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Explain the writing requirement under the UCC and U.N.'s Convention on the International Sale of Goods.
(Essay)
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Explain with an example how the parol evidence rule is a potential source of danger for parties who reduce their agreements to written form.
(Essay)
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On April 1,2005 Parker entered an oral contract with Wilkins in which Parker promised to work for Wilkins for three years for a salary of $40,000 per year.On April 5,2005,Wilkins called Parker and repudiated the contract,stating that he had decided not to hire him after all.If Parker sues Wilkins for breach of contract:
(Multiple Choice)
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Oral evidence may be introduced to "fill the gaps" in an incomplete written contract.
(True/False)
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Oral evidence may be introduced to help resolve ambiguities in a written contract.
(True/False)
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