Exam (elaborations)
BLAW Ch 11 (1)
- Course
- MKTG 3832 Two: 6-9
- Institution
- MKTG 3832 Two: 6-9
Exam of 3 pages for the course MKTG 3832 Two: 6-9 at MKTG 3832 Two: 6-9 (BLAW Ch 11 (1))
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BLAW Ch 11Flo tells Ginger during a phone call that she will buy her textbook from last semester for $65.
Ginger agrees. These parties have - ANS-a.an implied contract.
b.a quasi contract.
c.an express contract.
d.no contract.
C
Steel Mill Inc. makes an offer to Tag to enter into a contract to work as a mechanical engineer
for a certain salary for one year subject to a five-year renewal based on his performance. Tag
accepts the offer. This is a valid contract because it includes - ANS-a.a duration and a
termination.
b.specific quality standards.
c.a price and a subject.
d.an offer and an acceptance.
D
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 - ANS-a.interpreted against the party responsible for creating it.
b.applied in favor of the party who drafted the contract.
c.construed according to the court's discretion.
d.struck from the deal.
A
Boca claims that he intended to enter into a contract with Carla for tutoring, and she breached it.
Carla responds that she never intended to enter into a contract with Boca. Their intent to enter
into a contract is determined with reference to - ANS-a.the personal theory of contracts.
b.the intentional theory of contracts.
c.the objective theory of contracts.
d.the subjective theory of contracts.
C
On Monday, Xi tells Yard Work Inc., that he will pay $500 if a variety of tasks are completed by
Friday. On Wednesday, when Yard Work is more than half done with the work, Xi says that he
has changed his mind. These parties had - ANS-a.a unilateral contract as soon as Yard Work
began to perform.
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