Exam 10: Defenses to Contract Enforceability

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At an auction, Benny bids on a 1957 Chevy coupe, believing that it is worth more than the price asked. When the car proves to need more repairs than Benny estimated, and thus is worth less as is, Benny is

(Multiple Choice)

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Question 61

A contract in which a party assumes a secondary obligation normally must be in writing to be enforceable.

(True/False)

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Question 62

Henry files a suit against Irrigation Services to enforce an oral contract that would otherwise be unenforceable under the Statute of Frauds. The court could enforce such a contract if

(Multiple Choice)

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Question 63

A prenuptial agreement must be in writing to be enforceable.

(True/False)

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Question 64

Maya and Nick enter into a contract. To be enforceable, the contract must include

(Multiple Choice)

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Question 65

Under the Statute of Frauds, all contracts must be in writing to be enforceable except those involving insignificant transactions.

(True/False)

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Question 66

A threat to exercise a legal right ordinarily constitutes duress.

(True/False)

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Question 67

Fact Pattern 10-3 Grain Co-op, LLC and Hearty Cereals, Inc., discuss the terms of a contract for periodic deliveries of corn. Grain faxes Hearty a memo on Grain's letterhead that summarizes the points on which they agreed, including a two-year term. Grain begins to perform, and Hearty accepts the deliveries but refuses to pay. -Refer to Fact Pattern 10-3. Between Grain and Hearty, this contract is most likely enforceable against

(Multiple Choice)

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Question 68

Waterfront Hotel Inc. in Boston offers a job to Carol, who lives in Denver. Carol orally agrees to work for Waterfront for two years. She moves her family to Boston and begins work. Three months later, she is fired for no stated cause. She files a suit against the employer for reinstatement or pay. Waterfront pleads the lack of a written contract. In whose favor is the court likely to rule, and why?

(Essay)

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Question 69

Ed orally agrees with Far East Restaurant to provide delivery service to its customers for six months. This contract is enforceable by

(Multiple Choice)

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Question 70

The primary purpose of the Statute of Frauds is to ensure that all parties to a contract understand all of the terms of a contract.

(True/False)

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Question 71

Hal's Hardware Inc. and Ideal Tools Corporation sign a written contract for a sale of goods. To be enforceable, this written contract must include

(Multiple Choice)

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Question 72

Showing 61 - 72 of 72

At an auction, Benny bids on a 1957 Chevy coupe, believing that it is worth more than the price asked. When the car proves to need more repairs than Benny estimated, and thus is worth less as is, Benny is

A contract in which a party assumes a secondary obligation normally must be in writing to be enforceable.

Henry files a suit against Irrigation Services to enforce an oral contract that would otherwise be unenforceable under the Statute of Frauds. The court could enforce such a contract if

A prenuptial agreement must be in writing to be enforceable.

Maya and Nick enter into a contract. To be enforceable, the contract must include

Under the Statute of Frauds, all contracts must be in writing to be enforceable except those involving insignificant transactions.

A threat to exercise a legal right ordinarily constitutes duress.

Ed orally agrees with Far East Restaurant to provide delivery service to its customers for six months. This contract is enforceable by

The primary purpose of the Statute of Frauds is to ensure that all parties to a contract understand all of the terms of a contract.

Hal's Hardware Inc. and Ideal Tools Corporation sign a written contract for a sale of goods. To be enforceable, this written contract must include

Law and Legal Reasoning

Business and the Constitution

Courts and Alternative Dispute Resolution

Tort Law

Criminal Law and Cyber Crime

Business Ethics

Nature and Terminology

Agreement in Traditional and E-Contracts

Consideration, Capacity, and Legality

Third Party Rights and Discharge

Breach of Contract and Remedies

Intellectual Property Rights

Internet Law, Social Media, and Privacy

The Formation of Sales and Lease Contracts

Performance, Breach, and Warranties of Sales and Lease Contracts

Agency Relationships in Business

Small Businesses and Limited Liability Companies

Corporations

Filters

Exam 10: Defenses to Contract Enforceability

At an auction, Benny bids on a 1957 Chevy coupe, believing that it is worth more than the price asked. When the car proves to need more repairs than Benny estimated, and thus is worth less as is, Benny is​

A contract in which a party assumes a secondary obligation normally must be in writing to be enforceable.​

Henry files a suit against Irrigation Services to enforce an oral contract that would otherwise be unenforceable under the Statute of Frauds. The court could enforce such a contract if​

A prenuptial agreement must be in writing to be enforceable.​

Maya and Nick enter into a contract. To be enforceable, the contract must include​

Under the Statute of Frauds, all contracts must be in writing to be enforceable except those involving insignificant transactions.​

A threat to exercise a legal right ordinarily constitutes duress.​

Ed orally agrees with Far East Restaurant to provide delivery service to its customers for six months. This contract is enforceable by​

The primary purpose of the Statute of Frauds is to ensure that all parties to a contract understand all of the terms of a contract.​

Hal's Hardware Inc. and Ideal Tools Corporation sign a written contract for a sale of goods. To be enforceable, this written contract must include​

Law and Legal Reasoning

Business and the Constitution

Courts and Alternative Dispute Resolution

Tort Law

Criminal Law and Cyber Crime

Business Ethics

Nature and Terminology

Agreement in Traditional and E-Contracts

Consideration, Capacity, and Legality

Third Party Rights and Discharge

Breach of Contract and Remedies

Intellectual Property Rights

Internet Law, Social Media, and Privacy

The Formation of Sales and Lease Contracts

Performance, Breach, and Warranties of Sales and Lease Contracts

Agency Relationships in Business

Small Businesses and Limited Liability Companies

Corporations

Filters

At an auction, Benny bids on a 1957 Chevy coupe, believing that it is worth more than the price asked. When the car proves to need more repairs than Benny estimated, and thus is worth less as is, Benny is

A contract in which a party assumes a secondary obligation normally must be in writing to be enforceable.

Henry files a suit against Irrigation Services to enforce an oral contract that would otherwise be unenforceable under the Statute of Frauds. The court could enforce such a contract if

A prenuptial agreement must be in writing to be enforceable.

Maya and Nick enter into a contract. To be enforceable, the contract must include

Under the Statute of Frauds, all contracts must be in writing to be enforceable except those involving insignificant transactions.

A threat to exercise a legal right ordinarily constitutes duress.

Ed orally agrees with Far East Restaurant to provide delivery service to its customers for six months. This contract is enforceable by

The primary purpose of the Statute of Frauds is to ensure that all parties to a contract understand all of the terms of a contract.

Hal's Hardware Inc. and Ideal Tools Corporation sign a written contract for a sale of goods. To be enforceable, this written contract must include