Question 1

________ contracts for the sale of goods of $500 or more are ________ if the contract ________.

Accepted Answer

A) Oral,enforceable,involves specially manufactured goods that cannot be resold easily 
B) Oral,not enforceable,is an executed agreement 
C) Written,not enforceable,involves admissions in court 
D) Electronic,not enforceable,is a written memorandum

Question 2

Vega appoints Ancel,a real estate broker,to negotiate the sale of her home.The ________ rule requires that this agreement be in writing and signed to be enforceable.

Accepted Answer

A) parol evidence 
B) best evidence 
C) standard construction 
D) equal dignities

Question 3

The standard construction rule directs the court to determine the principal objective of the parties in the making of the contract.

Accepted Answer

A) True 
 B)False

Question 4

Charles only has a photocopy of his written contract with Jenny,and not the original.Under the best evidence rule,since Charles only has a photocopy,it is the 'best evidence' the court can accept in his trial.

Accepted Answer

A) True 
 B)False

Question 5

Willy and Brogan,aged 16,enter into a written contract in which Brogan will sell his horse to Willy for $250.Before the sale is finalized,Brogan seeks to be released from the contract and wants to offer in-court oral testimony concerning his age.The admission of Brogan's testimony is most likely governed by the ________ rule.

Accepted Answer

A) standard construction 
B) best evidence 
C) equal dignities 
D) parol evidence

Question 6

Under the best evidence rule,evidence of oral statements made before signing a written agreement is admissible in court to change the terms of a written agreement.

Accepted Answer

A) True 
 B)False

Question 7

Judson Law Firm agrees to hire Francisco after he passes the Texas bar exam.The offer has a concurrent condition.The "as is" offer is an enforceable contract.

Accepted Answer

A) True 
 B)False

Question 8

A notary is not required to read the document when providing acknowledgment of a signature.

Accepted Answer

A) True 
 B)False

Question 9

Which of the following contains all the elements of a written agreement that can be enforceable under law?

Accepted Answer

A) "Henry Shay agrees to purchase hand-knit sweaters for $45 apiece.Signed,Henry Shay." 
B) "Silvie Nader and Henry Shay are parties involved in this contract for the purchase of hand-knit sweaters on Wednesday,June 17.Signed,Henry Shay and Silvie Nader." 
C) "Silvie agrees to mail six hand-knit sweaters,at $45 apiece,to the house on Wednesday,June 17.Signed,Silvie Nader." 
D) "Full Agreement by Henry Shay and Silvie Nader.Henry agrees to purchase from Silvie six of Silvie's hand-knit sweaters at $45 each.Signed,Silvie Nader,and Henry Shay."

Question 10

Joseph dies with no assets,but over $100,000 in personal debt.Joseph's daughter Samantha,who is very wealthy,is made executor of his estate.Joseph's creditors assert that Samantha must personally pay Joseph's debts because she is wealthy,Joseph's daughter,and now the executor of his estate.Is Samantha liable?

Accepted Answer

The answer of Joseph dies with no assets,but over $100,000...

Exam 11: Written Contracts and Cyber-Commerce

contracts for the sale of goods of $500 or more are if the contract .

Vega appoints Ancel,a real estate broker,to negotiate the sale of her home.The ________ rule requires that this agreement be in writing and signed to be enforceable.

The standard construction rule directs the court to determine the principal objective of the parties in the making of the contract.

Charles only has a photocopy of his written contract with Jenny,and not the original.Under the best evidence rule,since Charles only has a photocopy,it is the 'best evidence' the court can accept in his trial.

Under the best evidence rule,evidence of oral statements made before signing a written agreement is admissible in court to change the terms of a written agreement.

Judson Law Firm agrees to hire Francisco after he passes the Texas bar exam.The offer has a concurrent condition.The "as is" offer is an enforceable contract.

A notary is not required to read the document when providing acknowledgment of a signature.

Which of the following contains all the elements of a written agreement that can be enforceable under law?