Exam 11: Introduction to Contracts
Exam 1: Introduction to Law45 Questions
Exam 2: Ethics and Corporate Social Responsibility45 Questions
Exam 3: International Law45 Questions
Exam 4: Common Law, Statutory Law, and Administrative Law45 Questions
Exam 5: Constitutional Law45 Questions
Exam 6: Dispute Resolution45 Questions
Exam 7: Crime45 Questions
Exam 8: Intentional Torts and Business Torts45 Questions
Exam 9: Negligence, Strict Liability, and Product Liability45 Questions
Exam 10: Privacy and Internet Law45 Questions
Exam 11: Introduction to Contracts45 Questions
Exam 12: Agreement: Offers and Acceptances45 Questions
Exam 13: Consideration45 Questions
Exam 14: Legality45 Questions
Exam 15: Voidable Contracts: Capacity and Consent45 Questions
Exam 16: Written Contracts45 Questions
Exam 17: Third Parties45 Questions
Exam 18: Contract Termination45 Questions
Exam 19: Remedies45 Questions
Exam 20: Practical Contracts45 Questions
Exam 21: Introduction to Sales45 Questions
Exam 22: Ownership, Risk and Warranties45 Questions
Exam 23: Performance and Remedies45 Questions
Exam 24: Secured Transactions45 Questions
Exam 25: Creating a Negotiable Instrument45 Questions
Exam 26: Liability for Negotiable Instruments45 Questions
Exam 27: Accountants Liability45 Questions
Exam 28: Agency Law45 Questions
Exam 29: Employment and Labor Law45 Questions
Exam 30: Employment Discrimination45 Questions
Exam 31: Starting a Business: Llcs and Other Options45 Questions
Exam 32: Partnerships45 Questions
Exam 33: Life and Death of a Corporation45 Questions
Exam 34: Management Duties45 Questions
Exam 36: Bankruptcy45 Questions
Exam 37: Securities Regulation45 Questions
Exam 38: Antitrust45 Questions
Exam 39: Consumer Protection45 Questions
Exam 40: Environmental Law45 Questions
Exam 41: Intellectual Property45 Questions
Exam 42: Real Property and Landlord Tenant Law45 Questions
Exam 43: Personal Property and Bailment45 Questions
Exam 44: Planning for the Future: Wills, Trusts and Insurance45 Questions
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What type of contract is a possible remedy for an injured plaintiff in a case with no valid contract, when the plaintiff can show benefit to the defendant, reasonable expectation of payment, and unjust enrichment?
(Multiple Choice)
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Patty is a poor college student struggling to work and keep up with her studies. Fred, her uncle, promises to pay Patty support of $200 per month for the next six months. Although Fred didn't ask her to, she quits her current job in order to devote full time to her studies for the next six months. Fred makes one payment and then stops with no explanation. If Patty sues, what is the likely result?
(Multiple Choice)
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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,
(Multiple Choice)
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Contracts for the sale of fabric, automobiles, computers, furniture, and paper clips would all be governed by Article 2 of the Uniform Commercial Code.
(True/False)
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Robert offers to buy a car from Jane for $400. Jane must accept this offer in order to form an enforceable contract.
(True/False)
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Paid surrogacy contracts are viewed by the legislative majority in all states as immoral and illegal.
(True/False)
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List and briefly describe the seven key characteristics that must be present for a contract to be enforceable.
(Essay)
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One purpose of contract law is to determine which agreements are worthy of legal enforcement.
(True/False)
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Courts may award damages called quantum meruit, which means
(Multiple Choice)
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Some of the elements of a contract are acceptance, consideration, legality, and capacity.
(True/False)
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Tim sent an email to Belinda offering to sell his car to her for $5,000. Belinda texted Tim back offering to pay $4,000 for the car. A valid contract did not exist because
(Multiple Choice)
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Valerie promises Teresa that she will pay Teresa $75 if Teresa will clean Valerie's house by noon on Saturday. If Teresa cleans the house by noon on Saturday and Valerie pays the $75, then this is an implied, bilateral, executory contract.
(True/False)
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Preferred Contractors was a general contractor and owner of a condominium complex that was under construction. Barrett, a subcontractor, had been hired by Henderson Plumbing, another subcontractor, to help it complete the plumbing work on the project. When Henderson began using shoddy installation procedures and subsequently fell behind the scheduled completion time for the project, Preferred Contractors urged Barrett to correct Henderson's mistakes and to finish the job. Barrett refused to continue until he knew who would pay him, since he feared Henderson's financial position was shaky. Nonetheless, Preferred Contractors' job superintendent told Barrett to go ahead even if Barrett and Preferred Contractors had no contract because "he would use his influence to try to help Barrett get his money." Barrett finished the work and sent a $7,500 bill to Henderson, which was never paid. When Barrett later sent the bill to Preferred Contractors, these facts emerged: Preferred Contractors told him that due to Barrett's failure to notify Preferred Contractors promptly of Henderson's non-payment, Preferred Contractors had already paid Henderson in full and therefore would not pay twice for the work. Discuss the best possible theory of recovery Barrett may argue.
(Essay)
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Briefly discuss the meaning of bilateral, unilateral, executory, and executed contracts.
(Essay)
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An agreement in which parties intend to form a valid bargain, but a court declares that some rule of law prevents enforcing it is called
(Multiple Choice)
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Under a contract, Danielle is required to paint a room with paint chosen by the homeowners, the Flynns. After Danielle paints the room according to the contract requirements, her duties under the contract are discharged.
(True/False)
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The element of a contract that states the parties must be adults of sound mind is consent.
(True/False)
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In a unilateral contract, one party makes a promise that the other party can accept only by actually doing something.
(True/False)
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Robert, a minor, buys a stereo from Jane for $200. State law allows a minor to disaffirm contracts within a reasonable time after turning 18. Robert disaffirms the contract the day after turning 18 and returns the stereo.
(Multiple Choice)
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