Exam 7: Nature and Classification

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Claudia enters into a contract with Bayside Inn to provide Bayside's guests with complimentary breakfast foods.When a dispute arises over the terms of their contract,Bayside files a suit against Claudia.If the contract's writing is clear and unequivocal,a court will

(Multiple Choice)

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Question 41

Hubert mistakenly pays property taxes that should have been assessed against Jesse.Hubert can recover the amount from Jesse in quasi contract

(Multiple Choice)

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Question 42

Debit & Credit Accounting Services and Brickwork Construction Company negotiate a contract.Terms in the contract that are the subject of separate negotiation will be considered subordinate to

(Multiple Choice)

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Question 43

Offers may not be revoked before they are accepted.

(True/False)

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Question 44

When Jeff's car breaks down,he asks Kwik Tow,Inc. ,to tow it from its location to Loyal Repair Shop.There is no discussion of a price,and Jeff and Kwik do not sign any documents.After the tow,Kwik sends Jeff a bill.With respect to Jeff's obligation to pay the bill,this is

(Multiple Choice)

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Question 45

Bobbie claims that Carl breached their contract.Carl responds that he never intended to enter into a contract with Bobbie.The intent to enter into a contract is determined with reference to

(Multiple Choice)

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Question 46

When the words in a contract have more than one meaning,they are cut from the contract.

(True/False)

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Question 47

A unilateral contract is formed when the one receiving the offer completes the requested act or performance.

(True/False)

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Question 48

Jack promises to buy Kris's computer for $400.Jack is

(Multiple Choice)

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Question 49

A contract cannot be void if its purpose is legal.

(True/False)

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Question 50

Cory enters into a contract with Dian to act as her personal sports trainer.If they later dispute the meaning,and the contract contains unclear terms,the rules of contract interpretation will give effect to

(Multiple Choice)

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Question 51

One of the requirements of a valid contract is its acceptance.

(True/False)

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Question 52

Lana applies for a firefighter's job with Metro City,which responds with a letter setting an appointment for a medical exam.The letter also states that it is "an employment offer conditioned on the applicant passing the exam." This letter is

(Multiple Choice)

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Question 53

Informal contracts are usually based on substance rather than form.

(True/False)

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Question 54

In a contract,specific wording will be given greater weight than general wording.

(True/False)

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Question 55

A quasi contract is not a true contract.

(True/False)

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Question 56

An executory contract is one that has been fully performed.

(True/False)

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Question 57

The intention to enter into a contract is judged by objective facts as interpreted by a reasonable person.

(True/False)

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Question 58

To be valid,a contract must be enforceable by all of the parties to it.

(True/False)

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Question 59

A reasonable,lawful,and effective meaning will normally be given to all of a contract's terms.

(True/False)

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Question 60

Showing 41 - 60 of 72

Exam 7: Nature and Classification

Claudia enters into a contract with Bayside Inn to provide Bayside's guests with complimentary breakfast foods.When a dispute arises over the terms of their contract,Bayside files a suit against Claudia.If the contract's writing is clear and unequivocal,a court will

Hubert mistakenly pays property taxes that should have been assessed against Jesse.Hubert can recover the amount from Jesse in quasi contract

Debit & Credit Accounting Services and Brickwork Construction Company negotiate a contract.Terms in the contract that are the subject of separate negotiation will be considered subordinate to

Offers may not be revoked before they are accepted.

When Jeff's car breaks down,he asks Kwik Tow,Inc. ,to tow it from its location to Loyal Repair Shop.There is no discussion of a price,and Jeff and Kwik do not sign any documents.After the tow,Kwik sends Jeff a bill.With respect to Jeff's obligation to pay the bill,this is

Bobbie claims that Carl breached their contract.Carl responds that he never intended to enter into a contract with Bobbie.The intent to enter into a contract is determined with reference to

When the words in a contract have more than one meaning,they are cut from the contract.

A unilateral contract is formed when the one receiving the offer completes the requested act or performance.

Jack promises to buy Kris's computer for $400.Jack is

A contract cannot be void if its purpose is legal.

Cory enters into a contract with Dian to act as her personal sports trainer.If they later dispute the meaning,and the contract contains unclear terms,the rules of contract interpretation will give effect to

One of the requirements of a valid contract is its acceptance.

Lana applies for a firefighter's job with Metro City,which responds with a letter setting an appointment for a medical exam.The letter also states that it is "an employment offer conditioned on the applicant passing the exam." This letter is

Informal contracts are usually based on substance rather than form.

In a contract,specific wording will be given greater weight than general wording.

A quasi contract is not a true contract.

An executory contract is one that has been fully performed.

The intention to enter into a contract is judged by objective facts as interpreted by a reasonable person.

To be valid,a contract must be enforceable by all of the parties to it.

A reasonable,lawful,and effective meaning will normally be given to all of a contract's terms.

The Legal and Constitutional Environment of Business

Traditional and Online Dispute Resolution

Ethics and Business Decision Making

Torts and Cyber Torts

Intellectual Property and Internet Law

Criminal Law and Cyber Crime

Agreement in Traditional and E-Contracts

Consideration,capacity,and Legality

Defenses to Contract Enforceability

Third Party Rights and Discharge

Breach and Remedies

The Formation of Sales and Lease Contracts

Performance Breach of Sales Lease Contracts

Warranties and Product Liability

Negotiability,transferability,and Liability

Checks and Banking in the Digital Age

Security Interests in Personal Property

Creditors Rights and Bankruptcy

Mortgages Foreclosures After the Recession

Agency Relationships

Management Perspective: Independent-Contractor Negligence

Employment, immigration, and Labor Law

Sole Proprietorships, partnerships, Limited Liability Co

Corporate Formation, financing, and Termination

Corporate Directors, officers, Shareholders

Investor Protection, insider Trading, Corp Gov

Personal Property and Bailments

Real Property and Landlord-Tenant Law

Insurance, wills, and Trusts

Liability of Accountants Other Professionals

International Law in a Global Economy

Adapting the Law to the Online Environment: The Supreme Court Upholds a Law That Prohibits Pandering Virtual Child Pornography

Adapting the Law to the Online Environment: Should the Law Continue to Allow Business Process Patents

Management Perspective: E-Mailed Credit-Card Receipts

Case Study With Dissenting Opinion: Prestridge V Bank of Jena

Adapting the Law to the Online Environment: The Thorny Issue of Taxing Internet Sales

Adapting the Law to the Online Environment: The Debt That Never Goes Awayits Discharged in Bankruptcy but Still on the Debtors Credit Report

Adapting the Law to the Online Environment: Economic Recession Fuels the Amazon Tax Debate

Case Study With Dissenting Opinion: Kovarik V Kovarik

Unit Case Study With Dissenting Opinion: Dole Food Co V Patrickson

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