Exam 10: Contracts

In Scheerer v. Fisher, where Scheerer claimed he was cut out of a real estate commission he should have received, the appeals court held he had no claim for payment as there was no written agreement as required by the Statute of Frauds.

A binding promise is:

In Hinson v. N&W Construction, where Hinson submitted the low bid to N&W for plumbing work to be part of a larger construction project by N&W, but then refused to do the work when construction was started by N&W, the court held that Hinson's bid:

For Amy's sixteenth birthday her parents give her money so she can make a down payment on a car she wants. She enters into a contract with a car dealer to make payments. This is a(n):

Quasi contract is used to prevent quantum meruit from occurring.

You leave your poodle at a new grooming shop and tell them to wash the dog⎯a $30 service. They do that and also paint the poodle's nails and tie ribbons in his hair⎯these services are an extra $10. You pay them for the wash. What about the extra $10 in services?

Which of the following is a type of damage award that may be granted by a court as a remedy for breach of contract:

A counteroffer terminates the original offer.

A(n) ____ is a party who is not part of an original contract who acquires rights under the contract.

If parties contract via the Internet, the digital signature provided by the parties is:

To be enforceable, which of the following contracts require a written document under the statute of frauds?

Ads are usually considered:

Consideration is defined as something of value or something bargained for in exchange for a promise. Normally, if consideration is absent:

Implied contracts arise from:

A contract is a(n) ____ if it arises from the actions rather than the expressions of the parties.

An effective offer includes which of the following:

A contract cannot be formed if ____ is lacking.

In Caley v. Gulfstream Aerospace, the employer told the employees that as a condition of continued employment they had to agree to a new dispute resolution policy that would take effect in two weeks. Caley sued, contending the new policy was not backed by consideration, so there was no enforceable contract. The appeals court held that:

A contract is formed only when an offer is accepted:

Contract law governs the enforceability of: