Govt 404 quiz 2 AlphaCo and BetaCo enter into a contract for AlphaCo to provide computer and printer repair services at BetaCo’s offices. The contract is scheduled to begin January 15 and end June 15. BetaCo agrees to pay AlphaCo $18,000 for these six months of service.
After the contract is sig...
govt 404 quiz 2 alphaco and betaco enter into a contract for alphaco to provide computer and printer repair services at betaco’s offices the contract is scheduled to begin january 15 and end june 15
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GOV 404
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• Question 1
5 out of 5
points
Govt 404 quiz 2
AlphaCo and BetaCo enter into a contract for AlphaCo to provide computer and printer
repair services at BetaCo’s offices. The contract is scheduled to begin January 15 and
end June 15. BetaCo agrees to pay AlphaCo $18,000 for these six months of service.
After the contract is signed by the parties, BetaCo asks AlphaCo if it would be willing to
provide cleaning services until June 30 at no additional cost. AlphaCo agrees to work
until June 30. Choose the best answer:
Selected
AlphaCo’s promise to work until June 30 is unenforceable, because
Answer:
BetaCo had a preexisting duty to pay $18,000.
• Question 2
5 out of 5 points
Hawke wears a gold medallion, passed down from his grandfather, at all times. He is
distraught one day when he returns home from work and realizes that the medallion
apparently detached from its chain and fell to the ground at some point during the day.
He posts signs in the office building where he works and in the adjacent parking garage,
offering a $300 reward to anyone who finds the medallion and returns it to him. Rhonda,
one of Hawke’s co-workers, finds the medallion in an office stairwell, recognizes it as
Hawke’s, and returns it to him, not knowing that Hawke has offered a reward for its
return. Choose the best answer:
Selected
Hawke does not owe Rhonda $300 because she did not return the
Answer:
medallion as a bargain for the $300.
• Question 3
5 out of 5 points
Bookstore, Inc., an independent bookstore, is looking for a new location. It agrees to buy
a small house from Jones for $165,000 if the municipal zoning board will approve
Bookstore, Inc.’s request for a variance from the local zoning ordinance, which currently
only allows houses in this part of town to be used as residences. The contract between
Bookstore, Inc. and Jones is
Selected
Enforceable, because Bookstore, Inc. has made an enforceable
Answer:
conditional promise.
• Question 4
5 out of 5 points
AlphaCo and BetaCo enter into a contract for AlphaCo to sell 20 computers to BetaCo.
BetaCo agrees to pay AlphaCo $14,000 for the 20 computers. After the contract is
signed by the parties, BetaCo asks AlphaCo if it would be willing to provide 21
computers, instead of 20, at no additional cost. AlphaCo agrees to deliver 21 computers.
Choose the best answer:
Selected
AlphaCo’s promise to provide 21 computers is enforceable, because no
Answer:
new consideration is required.
• Question 5
This study source was downloaded by 100000817936687 from CourseHero.com on 10-28-2021 02:40:21 GMT -05:00
, • Question 1
5 out of 5
5 out of 5 points points
Banker promises to Customer that the Bank will make a loan to the Customer’s son if
the Customer promises that the Customer will pay any balance on the loan to the Bank
This study source was downloaded by 100000817936687 from CourseHero.com on 10-28-2021 02:40:21 GMT -05:00
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