Question 1

Physicians Clinic orders by phone seven boxes of single-use latex gloves from Quality Medical Supplies, Inc. After three boxes are delivered and accepted, Physicians Clinic repudiates the contract. Quality Medical can enforce the contract to

Accepted Answer

A)  any extent because the order was placed orally. 
B)  no extent because the order was placed orally. 
C)  the extent of the three accepted boxes. 
D)  the extent of the four undelivered boxes.

Question 2

For a particular contract to fall under the one-year rule, the parties must subjectively believe that its performance is impossible to complete within a year.

Accepted Answer

A) True 
 B)False

Question 3

Oscar orally agrees with Papa's Pizza Restaurant to provide delivery service to its customers for nine months. This contract is enforceable by

Accepted Answer

A)  Oscar only. 
B)  either Oscar or Papa's. 
C)  any interested third party, such as a Papa's customer. 
D)  Papa's only.

Question 4

An integrated contract is a contract with more than one subject or part.

Accepted Answer

A) True 
 B)False

Question 5

In a transaction for the sale of a warehouse, Storage Company tells Truck Transfer Corporation that the office furniture is included. The contract says nothing about furniture, but does state, "This document supersedes all oral promises relating to the sale." Is the furniture part of the sale? Why or why not?

Accepted Answer

The answer of In a transaction for the sale of...

Question 6

ActioNOW and Becca enter into an oral contract in which Becca agrees to work on a project for ActioNOW for eighteen months. This contract is enforceable by

Accepted Answer

A)  ActioNOW. 
B)  Becca. 
C)  any third party, such as ActioNOW's clients. 
D)  none of the choices.

Question 7

The Statute of Frauds operates as a defense to the enforcement of an oral contract for the sale of land.

Accepted Answer

A) True 
 B)False

Question 8

A primary obligation is a promise to pay another's debt only if that party fails to pay.

Accepted Answer

A) True 
 B)False

Question 9

Dick's Burgers n' Shakes enters into an oral contract with Restaurant Equipment Warehouse (REW) for REW's sale to Dick's of a single-spindle milkshake mixer for $300. Assuming the terms can be proved, the contract is enforceable by

Accepted Answer

A)  Dick's or REW. 
B)  the manufacturer of the mixer. 
C)  any third party with a material interest, such as one of Dick's suppliers. 
D)  none of the choices.

Question 10

Fact Pattern 14-3 Alain and Brie sign a contract for the sale of Alain's Patisserie to Brie. The parties intend their written contract to be a final statement of most, but not all, of the terms of their agreement-Alain must first buy the building from Commercial Properties, Inc., after which Alain and Brie will agree on a price.
Refer to Fact Pattern 14-3. Brie later disputes some of the provisions of the deal with Alain. If the dispute results in litigation, a court will most likely admit evidence of additional terms that are

Accepted Answer

A)  ambiguous . 
B)  consistent. 
C)  contradictory. 
D)  clear.

Question 11

Waterfront Hotel Corporation 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?

Accepted Answer

The answer of Waterfront Hotel Corporation in Boston offers a...

Question 12

In some states, an otherwise unenforceable oral contract may be enforced under the doctrine of promissory estoppel.

Accepted Answer

A) True 
 B)False

Question 13

To satisfy the UCC's Statute of Frauds, a writing need only state the price term.

Accepted Answer

A) True 
 B)False

Question 14

Fact Pattern 14 - 1 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 14 - 1. Between Grain and Hearty, there is

Accepted Answer

A)  an oral contract only. 
B)  a pre-contract only. 
C)  a written contract. 
D)  no contract.

Question 15

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

Accepted Answer

A)  no particular signatures. 
B)  the signatures of both Maya and Nick. 
C)  the signature of the party against whom enforcement is sought. 
D)  the signature of the party who is seeking enforcement.

Question 16

Ranchland Properties and Prairie State Investments sign a written contract for a sale of land. In some states, to be enforceable, this contract must include

Accepted Answer

A)  a correct title, such as "Land Transfer" or "Real Estate Agreement." 
B)  a declaration of the contract's purpose. 
C)  a statement of the source of financing. 
D)  a description of the land.

Question 17

Under the Statute of Frauds, certain contracts must be in writing to be enforceable.

Accepted Answer

A) True 
 B)False

Question 18

Merl separately buys a tablet for $500, running shoes for $200, and a set of the Game of Crowns books for $100. To be enforceable as a contract, a writing is required for the purchase of

Accepted Answer

A)  the books, the shoes, and the tablet . 
B)  the shoes and the tablet only. 
C)  the tablet only. 
D)  the books only.

Question 19

Lewis tells a representative of Music Inc. that he will pay for Nora's trumpet if she does not. Lewis does not secure any personal benefit for this promise. This promise is enforceable as a contract

Accepted Answer

A)  only if they meet to form the agreement. 
B)  only if Nora agrees to it. 
C)  only if the value of the trumpet is more than $500. 
D)  only if it is in writing.

Question 20

Oral evidence cannot be introduced at a trial to "fill in the gaps" of a contract with incomplete terms.

Accepted Answer

A) True 
 B)False

Exam 14: Written Contracts

Physicians Clinic orders by phone seven boxes of single-use latex gloves from Quality Medical Supplies, Inc. After three boxes are delivered and accepted, Physicians Clinic repudiates the contract. Quality Medical can enforce the contract to

For a particular contract to fall under the one-year rule, the parties must subjectively believe that its performance is impossible to complete within a year.

Oscar orally agrees with Papa's Pizza Restaurant to provide delivery service to its customers for nine months. This contract is enforceable by

An integrated contract is a contract with more than one subject or part.

ActioNOW and Becca enter into an oral contract in which Becca agrees to work on a project for ActioNOW for eighteen months. This contract is enforceable by

The Statute of Frauds operates as a defense to the enforcement of an oral contract for the sale of land.

A primary obligation is a promise to pay another's debt only if that party fails to pay.

Dick's Burgers n' Shakes enters into an oral contract with Restaurant Equipment Warehouse (REW) for REW's sale to Dick's of a single-spindle milkshake mixer for $300. Assuming the terms can be proved, the contract is enforceable by

In some states, an otherwise unenforceable oral contract may be enforced under the doctrine of promissory estoppel.

To satisfy the UCC's Statute of Frauds, a writing need only state the price term.

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

Ranchland Properties and Prairie State Investments sign a written contract for a sale of land. In some states, to be enforceable, this contract must include

Under the Statute of Frauds, certain contracts must be in writing to be enforceable.

Merl separately buys a tablet for $500, running shoes for $200, and a set of the Game of Crowns books for $100. To be enforceable as a contract, a writing is required for the purchase of

Lewis tells a representative of Music Inc. that he will pay for Nora's trumpet if she does not. Lewis does not secure any personal benefit for this promise. This promise is enforceable as a contract

Oral evidence cannot be introduced at a trial to "fill in the gaps" of a contract with incomplete terms.