Question 1

Olga,a minor,signs a contract to buy a computer from Phil,the owner of Quality Computer Store.Olga's right to disaffirm the contract

Accepted Answer

A) does not change the fact that Phil is bound by the contract. 
B) does not yet exist because Olga is still a minor. 
C) gives Phil,an adult,the right to disaffirm the contract. 
D) is not valid because a computer is a "necessary." 
A) does not change the fact that Phil is bound by the contract. 
B) does not yet exist because Olga is still a minor. 
C) gives Phil,an adult,the right to disaffirm the contract. 
D) is not valid because a computer is a "necessary."

Question 2

Elmo,a minor,misrepresents his age to be twenty-one and contracts to buy a car from Fine New Autos.Ordinarily,Elmo can disaffirm the contract

Accepted Answer

A) only if he can prove that Fine New Autos did not know his true age. 
B) only if he can prove that Fine New Autos knew his true age. 
C) under any circumstances. 
D) under no circumstances. 
A) only if he can prove that Fine New Autos did not know his true age. 
B) only if he can prove that Fine New Autos knew his true age. 
C) under any circumstances. 
D) under no circumstances.

Question 3

An exculpatory clause in an employment contract is usually enforceable.

Accepted Answer

A) True 
 B)False

Question 4

Max,a minor subject to his parents' care and control,signs a contract to rent an apartment from Noel for one year.Before the end of the term,Max moves out.Noel sues for the rent for the rest of the term.Max can

Accepted Answer

A) avoid liability for the rent but not disaffirm the contract. 
B) disaffirm the contract and avoid liability for the rent. 
C) disaffirm the contract but not avoid liability for the rent. 
D) not disaffirm the contract nor avoid liability for the rent. 
A) avoid liability for the rent but not disaffirm the contract. 
B) disaffirm the contract and avoid liability for the rent. 
C) disaffirm the contract but not avoid liability for the rent. 
D) not disaffirm the contract nor avoid liability for the rent.

Question 5

In an employment contract,a covenant not to compete can be enforceable.

Accepted Answer

A) True 
 B)False

Question 6

The age of majority in most states is eighteen years.

Accepted Answer

A) True 
 B)False

Question 7

Yvon and Zach are minors who marry each other.Their minority status may be terminated under the laws of

Accepted Answer

A) all states. 
B) most states. 
C) some states. 
D) no states. 
A) all states. 
B) most states. 
C) some states. 
D) no states.

Question 8

Brasilia,a real estate broker licensed only in Connecticut,con?cludes a land sale in Delaware.She can

Accepted Answer

A) collect the commission if it has not been paid. 
B) keep the commission if it has already been paid. 
C) foreclose on the property to obtain any unpaid amount. 
D) not collect the commission,keep it,or foreclose on the property. 
A) collect the commission if it has not been paid. 
B) keep the commission if it has already been paid. 
C) foreclose on the property to obtain any unpaid amount. 
D) not collect the commission,keep it,or foreclose on the property.

Question 9

All contracts between adults and minors are void.

Accepted Answer

A) True 
 B)False

Question 10

Federal law bars electronic payments,such as credit-card transactions,at online gambling sites.

Accepted Answer

A) True 
 B)False

Question 11

Smitty enters into an illegal bargain with Taylor.Smitty can enforce the con?tract or re?cover for its value if he has been induced to enter into the bar?gain as a result of

Accepted Answer

A) fraud. 
B) his desire to obtain the object of the deal. 
C) a persuasive "sell" by Taylor. 
D) his belief that Taylor would do right by him. 
A) fraud. 
B) his desire to obtain the object of the deal. 
C) a persuasive "sell" by Taylor. 
D) his belief that Taylor would do right by him.

Question 12

Dante enters into a contract with Rosalinda,who does not have contractual ca?pacity.Dante can enforce the contract if Rosalinda

Accepted Answer

A) does not choose to avoid the contract. 
B) is a minor. 
C) can obtain the funds to pay for the benefits of the contract. 
D) is intoxicated or men?tally incompetent. 
A) does not choose to avoid the contract. 
B) is a minor. 
C) can obtain the funds to pay for the benefits of the contract. 
D) is intoxicated or men?tally incompetent.

Question 13

Parents are required by law to provide neces?saries for their minor children.

Accepted Answer

A) True 
 B)False

Question 14

In State X,persons must be at least eighteen years old before they can purchase alcoholic beverages.The state also has passed a law requiring that persons who prepare and serve liquor in the form of drinks in com?mercial establishments be licensed.The only requirement for obtaining a yearly license is that the person be at least eighteen years old.Moffitt,aged thirty-five,is hired as a bartender for the Lone Star Restaurant.Bekins,a staunch alumnus of a nearby university,brings twenty of his friends to the restaurant to celebrate a football victory.Bekins has or?dered four rounds of drinks,and the bar bill exceeds $200.Bekins learns that Moffitt has failed to renew his bartender's license,and Bekins re?fuses to pay,claiming the contract is unenforceable.Is Bekins correct?

Accepted Answer

Contracts made with unlicensed persons m

Question 15

A party who uses the benefits of a contract before paying for them commits usury.

Accepted Answer

A) True 
 B)False

Question 16

A contract to do something that is prohibited by statutory law is void.

Accepted Answer

A) True 
 B)False

Question 17

Parents are always liable for the contracts made by their minor chil?dren.

Accepted Answer

A) True 
 B)False

Question 18

Lindsey,an emergency medical technician,is called to an accident scene by Nicole and renders medical care to Marvin,a mi?nor.Lindsey may recover the cost from

Accepted Answer

A) the state. 
B) Marvin. 
C) Nicole. 
D) no one. 
A) the state. 
B) Marvin. 
C) Nicole. 
D) no one.

Question 19

Chris,a minor,signs a contract to buy alcoholic beverages for Dine & Drink,his parents' restaurant.The contract is

Accepted Answer

A) valid but may be disaffirmed. 
B) valid but may not be disaffirmed. 
C) void as a matter of law. 
D) void unless it is also signed by Ed,the manager of Dine & Drink. 
A) valid but may be disaffirmed. 
B) valid but may not be disaffirmed. 
C) void as a matter of law. 
D) void unless it is also signed by Ed,the manager of Dine & Drink.

Question 20

The lack of an opportunity to read a contract may be unconscionable.

Accepted Answer

A) True 
 B)False

Exam 13: B: Capacity and Legality

Olga,a minor,signs a contract to buy a computer from Phil,the owner of Quality Computer Store.Olga's right to disaffirm the contract

Elmo,a minor,misrepresents his age to be twenty-one and contracts to buy a car from Fine New Autos.Ordinarily,Elmo can disaffirm the contract

An exculpatory clause in an employment contract is usually enforceable.

Max,a minor subject to his parents' care and control,signs a contract to rent an apartment from Noel for one year.Before the end of the term,Max moves out.Noel sues for the rent for the rest of the term.Max can

In an employment contract,a covenant not to compete can be enforceable.

The age of majority in most states is eighteen years.

Yvon and Zach are minors who marry each other.Their minority status may be terminated under the laws of

Brasilia,a real estate broker licensed only in Connecticut,con?cludes a land sale in Delaware.She can

All contracts between adults and minors are void.

Federal law bars electronic payments,such as credit-card transactions,at online gambling sites.

Smitty enters into an illegal bargain with Taylor.Smitty can enforce the con?tract or re?cover for its value if he has been induced to enter into the bar?gain as a result of

Dante enters into a contract with Rosalinda,who does not have contractual ca?pacity.Dante can enforce the contract if Rosalinda

Parents are required by law to provide neces?saries for their minor children.

A party who uses the benefits of a contract before paying for them commits usury.

A contract to do something that is prohibited by statutory law is void.

Parents are always liable for the contracts made by their minor chil?dren.

Lindsey,an emergency medical technician,is called to an accident scene by Nicole and renders medical care to Marvin,a mi?nor.Lindsey may recover the cost from

Chris,a minor,signs a contract to buy alcoholic beverages for Dine & Drink,his parents' restaurant.The contract is

The lack of an opportunity to read a contract may be unconscionable.

A: Introduction to Law and Legal Reasoning

B: Introduction to Law and Legal Reasoning

C: Introduction to Law and Legal Reasoning

D: Introduction to Law and Legal Reasoning

A: Courts and Alternative Dispute Resolution

B: Courts and Alternative Dispute Resolution

A: Court Procedures

B: Court Procedures

A: Constitutional Authority to Regulate Business

B: Constitutional Authority to Regulate Business

A: Ethics and Business Decision Making

B: Ethics and Business Decision Making

A: Intentional Torts and Privacy

B: Intentional Torts and Privacy

A: Negligence and Strict Liability

B: Negligence and Strict Liability

C: Negligence and Strict Liability

D: Negligence and Strict Liability

A: Intellectual Property and Internet Law

B: Intellectual Property and Internet Law

A: Criminal Law and Cyber Crimes

B: Criminal Law and Cyber Crime

A: Nature and Terminology

B: Nature and Terminology

C: Nature and Terminology

D: Nature and Terminology

A: Agreement in Traditional and E-Contracts

B: Agreement in Traditional and E-Contracts

A: Consideration

B: Consideration

A: Capacity and Legality

A: Mistakes,fraud,and Voluntary Consent

B: Mistakes,fraud,and Voluntary Consent

A: The Statute of Frauds

B: The Statute of Frauds

A: Third Party Rights

B: Third Party Rights

A: Performance and Discharge

B: Performance and Discharge

A: Breach of Contract and Remedies

B: Breach of Contract and Remedies

A: The Formation of Sales and Lease Contracts

B: The Formation of Sales and Lease Contracts

C: The Formation of Sales and Lease Contracts

D: The Formation of Sales and Lease Contracts

A: Title,risk,and Insurable Interest

B: Title,risk,and Insurable Interest

A: Performance Breach of Sales Lease Contracts

B: Performance Breach of Sales Lease Contracts

A: Warranties and Product Liability

B: Warranties and Product Liability

A: International Law in a Global Economy

B: International Law in a Global Economy

A: The Function Creation of Negotiable Instruments

B: The Function Creation of Negotiable Instruments

C: The Function Creation of Negotiable Instruments

D: The Function Creation of Negotiable Instruments

A: Transferability and Holder in Due Course

B: Transferability and Holder in Due Course

A: Liability,defenses,and Discharge