LEGAL ENVIRONMENT BUSINESS EXAM QUESTIONS WITH REVISED ANSWERS
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Course
LEGAL ENVIRONMENT BUSINESS
Institution
LEGAL ENVIRONMENT BUSINESS
LEGAL ENVIRONMENT BUSINESS EXAM QUESTIONS WITH REVISED ANSWERS
Madeline signs a contract agreeing to sell Norman her brand-new Porsche 911 automobile for $50. It is possible that a court will:
a. enforce the bargain as agreed, and not look further into the details.
b. enforce the bargain as agr...
LEGAL ENVIRONMENT BUSINESS
EXAM QUESTIONS WITH REVISED
ANSWERS
Madeline signs a contract agreeing to sell Norman her brand-new Porsche 911
automobile for $50. It is possible that a court will:
a. enforce the bargain as agreed, and not look further into the details.
b. enforce the bargain as agreed because of the presence of consideration.
c. immediately reject the contract because there is no consideration.
d. look more closely at the bargain to determine whether fraud, duress, or undue
influence was involved. - Answer-d. look more closely at the bargain to determine
whether fraud, duress, or undue influence was involved.
Les agrees to install a new hard drive and operating system in Marilee's computer in
exchange for four of her used textbooks. After he installs the hard drive, Les says he
won't install the operating system unless Marilee gives him two more books. What legal
position are the parties in now?
a. Marilee must give Les the additional books.
b. Les will only get one more book, because two is too many more to be fair.
c. Marilee can sue for breach of contract, because Les had a preexisting duty to do all
of the work.
d. Les can receive the extra books in exchange for doing more work as he has given
good and fair consideration in exchange. - Answer-c. Marilee can sue for breach of
contract, because Les had a preexisting duty to do all of the work.
An inmate escapes from the county prison. There is a $500 reward offered for any
information leading to the capture of the inmate. The county sheriff sees the inmate at a
local restaurant and calls the department headquarters before arresting the inmate. The
sheriff:
a. cannot expect to collect the $500 because he had a preexisting duty to arrest the
inmate.
b. cannot expect to collect the $500 because of the doctrine of unforeseen difficulties.
c. can expect to collect the $500 because he performed a civil service.
d. can expect to collect the $500 because he called the department headquarters before
arresting the inmate. - Answer-a. cannot expect to collect the $500 because he had a
preexisting duty to arrest the inmate.
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