Exam 10: The Formation of Traditional and E-Contracts

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Sports Bar and Tasty Bakery are adjacent businesses with adjoining parking lots.Sports Bar offers Tasty a discount on purchases if the bakery will not tow the cars of Sports Bar's patrons who park in the bakery's lot.The discount is legally sufficient consideration

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A

The lack of a license in certain occupations bars the enforcement of work-related contracts.

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True

An invitation to submit bids is an offer.

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False

A lease between Mia and Niles for residential property contains an exculpatory clause.This clause is most likely

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Shrink-wrap terms are enforceable even if a buyer does not discover them until after the parties have entered into a contract.

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Howe downloads Instagram's app by clicking on the site's "I agree" link to its terms of service.Later,Howe reverse engineers the software to create a competing app.This is most likely

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Intoxicated,Efron enters a contract for the sale of his business,Freight Dispatch,to Gretel for less than its market value.This contract is enforceable if,at the time,

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A contract is an implied contract if the conduct of the parties creates and defines some of the terms.

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Rue offers to pay Sari to deliver certain documents within thirty minutes.Sari can accept the offer only by completing the task within the deadline.If she does,Rue and Sari will have

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Consideration is the value given in return for a promise or performance in a contractual agreement.

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Rona asks Steve,"Do you want to pay me to provide your business with a marketing campaign?" This is

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Fresh Agro Inc.offers to deliver produce to Growers' Market for a certain price.Fresh's intent to extend an offer is determined by reference to Fresh's

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One of the requirements of a valid contract is an adequate market for the deal's goods or services.

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A court usually will enforce a covenant not to compete provided its restrictions are reasonable.

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Shipping Corporation enters into contracts with distributors and other buyers in e-commerce and in traditional commerce.Between Shipping and its customers,the Uniform Electronic Transactions Act applies if the parties agree to conduct transactions by

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Corner Store posts on its website an offer of a reward for information leading to the apprehension of a certain criminal.This offer could normally be terminated by

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Cathy agrees to sell her Daily Donut shop to Ernie.In the agreement,there is a covenant not to compete that prohibits Cathy from operating a donut shop within a certain distance.If the restriction is unreasonable,a court will most likely

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The party to whom a promise is made has the right to expect or demand that something will or will not happen in the future.

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A minor can ratify a contract and thus make it enforceable.

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Brie buys a subscription to music provided by Concerto,an online streaming service.Before gaining access,Brie must agree to a provision stating that she will not make and sell copies of the music.This provision is

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