Bus 302L Business Law Exam Study Guide with Complete Solutions
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Course
BUS 302L
Institution
BUS 302L
Bus 302L Business Law Exam Study
Guide with Complete Solutions
As to common law offers, an acceptance that is materially different from the term of the offer is -
Answer-a rejection of the offer
to prove assault, the plaintiff must establish that - Answer-the threatened contact took place
unde...
she revokes her offer. Grace becomes angry and tells Karen that she (Karen) had no right to revoke the
offer before Grace had made a decision about the shoes. Is Grace correct? - Answer✔✔-No, because
Karen can revoke her offer any time before Grace accepts.
While performing their professional duties, doctors, lawyers, and accountants must generally exercise
the knowledge, skill, and care of: - Answer✔✔-those in profession
During a televised, title prize fight at a Las Vegas hotel, Oscar threw a punch which hit Mike in the face.
As a result: - Answer✔✔-Since Mike consented to the fight, he has no legal action against Oscar.
Randi had her brakes fixed by Independent Car Repair. Randi paid $400 for the repair, but immediately
noticed that the brakes were not functioning. She continued to drive the car without complaining to
Independent Car Repair. The next day, Randi collided into a concrete wall when the brakes failed. Randi
was uninjured. However, her $12,000 car was completely destroyed. Under these circumstances: -
Answer✔✔-Independent Car Repair breached the contract by failing to correctly fix the brakes. It owes
Randi a refund of $400 for that breach. A court would probably find that it did not owe Randi the
$12,000 since Randi had a duty to mitigate her contractual damages by reducing the risk of further
damage; i.e.returning the car for repair.
Catherine, a new property owner, was told by the previous owner that the home she purchased had no
termites and no termite damage. One month after taking possession of the property, Catherine knew
that her home was infested with termites because she saw evidence of their presence. In addition, an
exterminator told her that the pests had caused damage to the wood structure. However, Catherine
loved her home and lived in the home for ten more years. When Catherine decided to relocate, she filed
a lawsuit against the previous owner based on fraud. As a result, Catherine will: - Answer✔✔-lose her
lawsuit.
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