Exam 10: Defenses to Contract Enforceability
Exam 1: The Legal and Constitutional Environment of Business72 Questions
Exam 2: Traditional and Online Dispute Resolution72 Questions
Exam 3: Ethics and Business Decision Making72 Questions
Exam 4: Torts and Cyber Torts71 Questions
Exam 5: Intellectual Property and Internet Law72 Questions
Exam 6: Criminal Law and Cyber Crimes72 Questions
Exam 7: Nature and Classification72 Questions
Exam 8: Agreement and Consideration70 Questions
Exam 9: Capacity and Legality71 Questions
Exam 10: Defenses to Contract Enforceability72 Questions
Exam 11: Third Party Rights and Discharge71 Questions
Exam 12: Breach and Remedies72 Questions
Exam 13: E-Contracts and E-Signatures72 Questions
Exam 14: The Formation of Sales and Lease Contracts72 Questions
Exam 15: Title and Risk of Loss72 Questions
Exam 16: Performance Breach of Sales Lease Contracts72 Questions
Exam 17: Warranties and Product Liability72 Questions
Exam 18: Negotiability, transferability, and Liability72 Questions
Exam 19: Checks and Banking in the Digital Age72 Questions
Exam 20: Security Interest in Personal Property72 Questions
Exam 21: Creditors Rights and Bankruptcy72 Questions
Exam 22: Agency Relationships72 Questions
Exam 23: Employment Law and Immigration72 Questions
Exam 24: Sole Proprietorships, partnerships, Ltd Liability72 Questions
Exam 25: Corporate Formation, financing, and Termination72 Questions
Exam 27: Investor Protection, insider Trading, Corpgov72 Questions
Exam 28: Personal Property and Bailments72 Questions
Exam 29: Real Property and Landlord-Tenant Law72 Questions
Exam 30: Insurance, wills, and Trusts72 Questions
Exam 31: Liability of Accountants Other Professionals72 Questions
Exam 32: International Law in a Global Economy72 Questions
Exam 33: Regulations, Contracts, and Discovery9 Questions
Exam 34: Legal Issues in Business and Commerce11 Questions
Exam 35: Legal Issues in Online Relationships and Agreements9 Questions
Exam 36: Contracts and Consumer Protection7 Questions
Exam 37: Liability of Silverado Bank in Prestridge v. Bank of Jena for Forged Checks.3 Questions
Exam 38: Sovereign Immunity and Bankruptcy Law3 Questions
Exam 39: Legal Issues in Employment and Liability Cases9 Questions
Exam 40: Corporate Governance and Securities Law5 Questions
Exam 41: Real Estate Law: Cases and Controversies5 Questions
Exam 42: Corporate Ownership and Liability in Chilean Firms3 Questions
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An element of fraud is the plaintiff's age,which must be less than twenty-one years.
(True/False)
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Misrepresentation of a material fact cannot occur through silence.
(True/False)
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Fact Pattern 10-1
Gert contracts to sell two tracts of land to Hank.Both parties believe that the two tracts are adjacent,but in fact they are not.Gert is still willing to sell the land,but under these circumstances the deal would adversely affect Hank.
-Refer to Fact Pattern 10-1.The parties' belief about the adjacency of the property is
(Multiple Choice)
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Cody and Debora enter into an oral contract under which Cody agrees to work on Debora's ranch for not less than ten days.This contract is enforce?able by
(Multiple Choice)
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By fraudulently misrepresenting a number of material facts,Sid induces Ty to enter into a contract for the sale of a warehouse.Sid also tells Ty that his commission is 6 percent,but their signed,written contract states "12 percent." In a dispute between Sid and Ty over this contract,the court may apply the parol evidence rule,which governs
(Multiple Choice)
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Lacy uses undue influence to induce Mina to sign a contract to invest her National Education Fund student loan money in Overseas Bank.Mina may
(Multiple Choice)
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Theo and Uma orally agree on the sale of Theo's Fitness Center to Uma and note the terms on a sheet of the center's letterhead stationery,which only Theo signs.This agreement is most likely enforceable against
(Multiple Choice)
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In a transaction for the sale of a warehouse,Saf-T Storage Company tells Tri-County Investment Corporation that the office furniture is in?cluded.The contract says nothing about office furniture,but does state,"This document supersedes all oral promises relating to the sale." Is the furniture part of the sale? Why or why not?
(Essay)
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Under the Statute of Frauds,all contracts must be in writ?ing to be enforceable.
(True/False)
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A contract must be in writing to be enforceable if the contract makes per?formance within one year possible.
(True/False)
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Safron threatens physical harm to force Tivoli to sell his business,Umbrellas Unlimited,Inc. ,to Safron for a below-market price.This is
(Multiple Choice)
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Oral evidence of the meaning of a contract with incomplete terms can be introduced at a trial.
(True/False)
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Parol evidence includes oral evidence that is outside a written contract and not incor?po?rated into the contract expressly or by reference.
(True/False)
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To be enforceable,a contract for a sale of goods priced at $50 or more must be in writing.
(True/False)
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Gina induces Hu to enter into a contract for the purchase of a condominium about which Gina knowingly misrepresents a number of material features.When Hu discovers the truth,Hu can
(Multiple Choice)
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Fact Pattern 10-1
Gert contracts to sell two tracts of land to Hank.Both parties believe that the two tracts are adjacent,but in fact they are not.Gert is still willing to sell the land,but under these circumstances the deal would adversely affect Hank.
-Refer to Fact Pattern 10-1.Because of the parties' belief about the adjacency of the property,their contract is
(Multiple Choice)
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Fact Pattern 10-2
Moore Properties,Inc. ,offers in writing to sell to New Development Corporation (NDC)a certain half-acre of land for "$112,000." After New Development signs the offer in acceptance and returns it,Moore discovers that the price should have been stated as "$121,000."
-Refer to Fact Pattern 10-2.Moore's misstatement of the price is
(Multiple Choice)
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Uri and Vicky orally agree on the sale of Uri's Nite Club to Vicky and note terms on a pair of the Club's napkins,which they both sign.A written memorandum evidencing an oral contract that would otherwise be unenforceable must contain
(Multiple Choice)
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