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Exam (elaborations)

Eth/321 week 4 Practice Exam Questions And Answers Already Solved.

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  • Module
  • ETH 321
  • Institution
  • ETH 321

Callie wants to work for an insurance firm. Before she is hired, the firm wants her surrounding state for the next ten years. Which of the following is most likely true? - Answer This agreement is probably too excessive to be enforceable. Stetzon, a merchant, makes unconscionably unfair deal ...

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  • August 9, 2024
  • 3
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers
  • ETH 321
  • ETH 321
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Eth/321 week 4 Practice Exam Questions
And Answers Already Solved.
Callie wants to work for an insurance firm. Before she is hired, the firm wants her surrounding state for
the next ten years. Which of the following is most likely true? - Answer This agreement is probably too
excessive to be enforceable.



Stetzon, a merchant, makes unconscionably unfair deal with another merchant, Cheri. Cheri wants to
pursue a remedy when she discovers her disadvantage in the contract. What recourse to Cheri have
under UCC? - Answer Cheri May have a court alter the contract.



Which of the following contracts are not required to be in writing? - Answer A contract for labor
intended to finish before one year.



What are punitive damages? - Answer Damages awarded to punish gross breaches of contract.



What are compensatory damages? - Answer Damages awarded to return a non-breaching party to its
former position.



Claire and Donnie want to use a contract to enforce a business deal. Which of the following would most
solidly in force two terms of their agreement? - Answer A formal, express contract



Which of the following would most likely qualify as substantial performance? - Answer Leroy doesn't
finish his last three days of yardwork under contract because his mother has a medical emergency.



Which of the following would qualify as valid consideration? - Answer Carlie contracts with her
landlord to pay for rent by landscaping the property and cleaning and painting empty apartments.



What is the definition of undue influence? - Answer Domination of another person so thoroughly as to
remove free will.



What is the definition of fraud? - Answer An intentional misrepresentation of material fact.

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