Exam 10: Nature and Terminology

arrow
  • Select Tags
search iconSearch Question
flashcardsStudy Flashcards
  • Select Tags

Mona asserts that a deal she entered into with Nate is an unenforce?able contract.Defenses to the enforcement of a contract include

Free
(Multiple Choice)
4.9/5
(78)
Correct Answer:
Verified

D

Phil enters into a contract with Quality Resorts,Inc.,to work as a chef.Under the plain meaning rule,the meaning of this contract must be de?ter?mined by reference to

Free
(Multiple Choice)
4.8/5
(86)
Correct Answer:
Verified

C

Phil agrees to work for Vacation Resorts,Inc.,as a chef.In determining whether a contract has been formed,an element of prime importance is

Free
(Multiple Choice)
4.8/5
(81)
Correct Answer:
Verified

A

"Consideration" refers to the voluntary consent of all of the parties to a contract.

(True/False)
4.8/5
(77)

A unilateral contract is formed when the one receiving the offer com?pletes the re?quested act or performance.

(True/False)
4.8/5
(78)

Mia,a physician,renders aid to Noel,who is injured and unconscious.Mia can recover the cost of the aid from Noel

(Multiple Choice)
4.7/5
(73)

Opie offers to sell his guitar to Pinky for $100.Pinky agrees.They complete and sign a printed form,and Pinky gives Opie a check for the price.This check is

(Multiple Choice)
4.8/5
(74)

Sam and Tiffany enter into an implied contract.This is a contract in which the parties' conduct

(Multiple Choice)
4.9/5
(86)

Clay offers to pay Dorianne $50 for a golf lesson for Estee.They agree to meet the day after tomorrow to exchange the cash for the lesson.These parties have

(Multiple Choice)
4.7/5
(70)

Green Grocers,Inc.,enters into a contract with Hiway Transport Company for the deliv?ery of a shipment of fresh produce.In a later dispute between these parties over the delivery,the doctrine of quasi contract cannot be used because

(Multiple Choice)
4.9/5
(78)

Following negotiations with Merchants Storage Company,Lonny enters into an informal contract to clean the loading dock.This means that the parties' contract

(Multiple Choice)
4.9/5
(66)

Informal contracts are usually based on their sub?stance rather than their form.

(True/False)
4.9/5
(89)

An implied contract is not an actual contract.

(True/False)
4.8/5
(83)

When Jeff's car breaks down,he asks Kwik Tow,Inc.,to tow it from its location to Loyal Repair Shop.There is no discussion of a price,and Jeff and Kwik do not sign any documents.After the tow,Kwik sends Jeff a bill.With respect to Jeff's obligation to pay the bill,this is

(Multiple Choice)
4.9/5
(92)

On Monday,Neil tells Outdoor Landscaping,Inc.,that he will pay Outdoor $500 if a variety of tasks are completed by Friday.On Wednesday,when Outdoor is more than half done with the work,Neil says that he has changed his mind.Under the present-day view,these parties had

(Multiple Choice)
4.7/5
(72)

Some promises are not legally binding.

(True/False)
5.0/5
(77)

An express contract must be in writing.

(True/False)
4.8/5
(84)

Resolving whether a promise should be enforced is a function of contract law.

(True/False)
4.7/5
(80)

Expert Pavers,Inc.,contracts with Fabricated Building Corporation to repave Fabricated's parking lot for which Fabricated agrees to pay.The elements of this,and any other,contract include

(Multiple Choice)
4.9/5
(81)

Crosby believes that he and Dakota agreed he would act as her personal sports trainer for seven workout sessions.In a later dispute,the existence of any contract can be judged by

(Multiple Choice)
4.9/5
(81)
Showing 1 - 20 of 42
close modal

Filters

  • Essay(0)
  • Multiple Choice(0)
  • Short Answer(0)
  • True False(0)
  • Matching(0)