Question 1

Darcy enters into a contract with Event Center Inc. to use its venue for a business meeting. If an ambiguity appears in the contract that outside evidence does not make clear, it will most likely be

Accepted Answer

A)   interpreted against the party responsible for creating it.
B)   struck from the deal.
C)   construed according to the court's discretion.
D)   applied in favor of the party who drafted the contract.E) B) and D)
F) A) and B)

Question 2

Cal tells Dana that he would like to purchase her used car for $5,000. Cal is making

Accepted Answer

A)   a prediction.
B)   an offer.
C)   a moral obligation.
D)   a gift.E) A) and C)
F) C) and D)

Question 3

Quasi contracts are imposed on parties in the interest of fairness and justice.

Accepted Answer

A) True 
 B)False

Question 4

Bob claims that Carla breached their contract for tutoring. Carla responds that she never intended to enter into a contract with Bob. T he intent to enter into a contract is determined with reference to

Accepted Answer

A)   the intentional theory of contracts.
B)   the objective theory of contracts.
C)   the personal theory of contracts.
D)   the subjective theory of contracts.E) A) and B)
F) All of the above

Question 5

Demi buys a lottery ticket. The ticket has the winning numbers for a prize. She submits the ticket to claim the prize. Demi accepted an offer for

Accepted Answer

A)   a bilateral contract.
B)   a unilateral contract.
C)   a quasi contract.
D)   an unenforceable contract.E) A) and C)
F) A) and D)

Question 6

Omar asserts that a deal he entered into with Patty to sponsor and host a motivational conference for independent sales representatives is an unenforce-able contract. Defenses to the enforcement of a contract include

Accepted Answer

A)   a desire not to perform.
B)   insufficient capital.
C)   preliminary indications of unsatisfactory results.
D)   the lack of a party's voluntary consent.E) A) and C)
F) A) and D)

Question 7

Leila enters into a contract with Metro Rides to work as a driver. Under the plain meaning rule, the court cannot consider any evidence not contained in the document if

Accepted Answer

A)   the parties' intent cannot be determined from the contract's language.
B)   the contract lacks a provision on a disputed issue.
C)   the words in the contract appear clear.
D)   a contract term can be interpreted in more than one way.E) None of the above
F) C) and D)

Question 8

FixitCo contracts with James to repair James's first floor electrical system. FixitCo's employee, Patricia, misreads the work order and repairs the electrical system on both the first and second floors of James's home. James is

Accepted Answer

A)   liable for repairs done only on the second floor.
B)   liable for none of the repairs because Patricia exceeded the contract.
C)   liable for repairs on both floors because a quasi contract has been formed.
D)   liable only for repairs done on the first floor.E) All of the above
F) A) and D)

Question 9

Pavers, Inc., contracts with a QuikStop store to repave the store's parking lot for a certain price. The requirements of this, and any other, contract include

Accepted Answer

A)   consideration.
B)   acceptability.
C)   achievability.
D)   practicality.E) C) and D)
F) B) and D)

Question 10

If a contract is ambiguous, a court may interpret the ambiguity against the party who was responsible for creating it.

Accepted Answer

A) True 
 B)False

Question 11

On behalf of the jazz group Fusion, their manager Greg agrees to a performance in Hillside Amphitheatre on July 4. Hillside sends a written copy of the agreement to Greg to be signed . If Greg signs the copy, the parties will have

Accepted Answer

A)   an express contract.
B)   an implied contract.
C)   a quasi contract.
D)   no contract.E) A) and D)
F) B) and C)

Question 12

Robin claims that her contract with Stroud for tennis lessons is voidable as the lessons were never provided and the tennis club burnt down. If their contract is avoided

Accepted Answer

A)   both parties are released from it.
B)   both parties must fully perform their obligations under it.
C)   a wholly different contract is agreed to.
D)   a wholly different contract is imposed "as if" the parties had agreed.E) C) and D)
F) B) and D)

Exam 8: Introduction to Contracts

Robin claims that her contract with Stroud for tennis lessons is voidable as the lessons were never provided and the tennis club burnt down. If their contract is avoided

Correct Answer
verified

FixitCo contracts with James to repair James's first floor electrical system. FixitCo's employee, Patricia, misreads the work order and repairs the electrical system on both the first and second floors of James's home. James is

Correct Answer
verified

Demi buys a lottery ticket. The ticket has the winning numbers for a prize. She submits the ticket to claim the prize. Demi accepted an offer for

Correct Answer
verified

On behalf of the jazz group Fusion, their manager Greg agrees to a performance in Hillside Amphitheatre on July 4. Hillside sends a written copy of the agreement to Greg to be signed . If Greg signs the copy, the parties will have

Correct Answer
verified

Leila enters into a contract with Metro Rides to work as a driver. Under the plain meaning rule, the court cannot consider any evidence not contained in the document if

Correct Answer
verified

Omar asserts that a deal he entered into with Patty to sponsor and host a motivational conference for independent sales representatives is an unenforce-able contract. Defenses to the enforcement of a contract include

Correct Answer
verified

If a contract is ambiguous, a court may interpret the ambiguity against the party who was responsible for creating it.

Correct Answer
verified

Bob claims that Carla breached their contract for tutoring. Carla responds that she never intended to enter into a contract with Bob. T he intent to enter into a contract is determined with reference to

Correct Answer
verified

Cal tells Dana that he would like to purchase her used car for $5,000. Cal is making

Correct Answer
verified

Darcy enters into a contract with Event Center Inc. to use its venue for a business meeting. If an ambiguity appears in the contract that outside evidence does not make clear, it will most likely be

Correct Answer
verified

Quasi contracts are imposed on parties in the interest of fairness and justice.

Correct Answer
verified

Pavers, Inc., contracts with a QuikStop store to repave the store's parking lot for a certain price. The requirements of this, and any other, contract include

Correct Answer
verified

Exam 8: Introduction to Contracts

Robin claims that her contract with Stroud for tennis lessons is voidable as the lessons were never provided and the tennis club burnt down. If their contract is avoided

Correct AnswerverifiedShow Answer

FixitCo contracts with James to repair James's first floor electrical system. FixitCo's employee, Patricia, misreads the work order and repairs the electrical system on both the first and second floors of James's home. James is

Correct AnswerverifiedShow Answer

Demi buys a lottery ticket. The ticket has the winning numbers for a prize. She submits the ticket to claim the prize. Demi accepted an offer for

Correct AnswerverifiedShow Answer

On behalf of the jazz group Fusion, their manager Greg agrees to a performance in Hillside Amphitheatre on July 4. Hillside sends a written copy of the agreement to Greg to be signed . If Greg signs the copy, the parties will have

Correct AnswerverifiedShow Answer

Leila enters into a contract with Metro Rides to work as a driver. Under the plain meaning rule, the court cannot consider any evidence not contained in the document if

Correct AnswerverifiedShow Answer

Omar asserts that a deal he entered into with Patty to sponsor and host a motivational conference for independent sales representatives is an unenforce-able contract. Defenses to the enforcement of a contract include

Correct AnswerverifiedShow Answer

If a contract is ambiguous, a court may interpret the ambiguity against the party who was responsible for creating it.

Correct AnswerverifiedShow Answer

Bob claims that Carla breached their contract for tutoring. Carla responds that she never intended to enter into a contract with Bob. T he intent to enter into a contract is determined with reference to

Correct AnswerverifiedShow Answer

Cal tells Dana that he would like to purchase her used car for $5,000. Cal is making

Correct AnswerverifiedShow Answer

Darcy enters into a contract with Event Center Inc. to use its venue for a business meeting. If an ambiguity appears in the contract that outside evidence does not make clear, it will most likely be

Correct AnswerverifiedShow Answer

Quasi contracts are imposed on parties in the interest of fairness and justice.

Correct AnswerverifiedShow Answer

Pavers, Inc., contracts with a QuikStop store to repave the store's parking lot for a certain price. The requirements of this, and any other, contract include

Correct AnswerverifiedShow Answer

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