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BLAW 3310: Exam 2 Practice Questions and Answers (100% Pass)
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  • BLAW 3310
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  • University Of Texas - Arlington

BLAW 3310: Exam 2 Practice Questions and Answers (100% Pass) The applicability of the Parol Evidence Rule presupposes? - Answer️️ -an integrated contract A contract for the purchase and sale of illegal drugs - Answer️️ -is void If a minor enters into a contract the contract is - Answer...

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  • August 29, 2024
  • 6
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers

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  • blaw 3310 exam 2 practice questions and answers

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  • University Of Texas - Arlington
  • BLAW 3310
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©SOPHIABENNET@2024-2025 Thursday, August 22, 2024 10:21 AM

Business Law : University of Texas Arlington




BLAW 3310: Exam 2 Practice Questions and
Answers (100% Pass)

The applicability of the Parol Evidence Rule presupposes? - Answer✔️✔️-an
integrated contract

A contract for the purchase and sale of illegal drugs - Answer✔️✔️-is void

If a minor enters into a contract the contract is - Answer✔️✔️-voidable

A promise without consideration - Answer✔️✔️-is not a contract

Which of the following is an example of objective impossibility of
performance? - Answer✔️✔️-The famous tenor, Lungs LaRue, is unable to
sing in an opera because influenza has caused him to temporarily lose his
voice.

For a promise to be contractually binding on the promisor, it must be
supported by legally sufficient consideration? - Answer✔️✔️-True

The parol evidence tule applies - Answer✔️✔️-only to integrated contracts

Consideration must involve the exchange of money. - Answer✔️✔️-false

Which of the following statements is true? - Answer✔️✔️-None of the above

A contract for the sale land - Answer✔️✔️-is governed by the common law




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, ©SOPHIABENNET@2024-2025 Thursday, August 22, 2024 10:21 AM

Business Law : University of Texas Arlington




A contract for the sale of goods - Answer✔️✔️-is governed by Article 2 of the
Uniform Commercial Code.

Which of the following does not violate the parol evidence rule? -
Answer✔️✔️-extrinsic evidence of fraud

Questions 14 & 15:

Phoebe sweet went was interested in buying a used car which Oliver
Ozone had for sale. While in the process of test driving the car, Phoebe
asked Oliver whether or not the car had ever been in a wreck. Oliver knew
nothing of the history of the car before he bought it, but he answered
Phoebe's question by stating: "No. This car has never been in a wreck."
Although it had been repaired, it was worth much less than the value it
would have been if it had not been in the wreck. When Phoebe learned the
truth, she filed a lawsuit against Oliver Ozone seeking damages for fraud. -
Answer✔️✔️-

Under these fact - Answer✔️✔️-Phoebe can make a case for constructive
fraud.

Under these facts - Answer✔️✔️-(a) Oliver could be liable for compensatory
damages.

(b) Oliver could be liable for punitive damages.

(c) both a and b. (answer)



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