Blaw exam 3 Questions and Answers
Ellie promises her 21 year old nephew, Robbie, that she will pay him $100 if he will quit smoking for a month. If he does,is there a binding contract?
Yes because its a legal right
Mary agrees to sew Georgia's prom dress for $50 plus cost. Georgia decides ...
Ellie promises her 21 year old nephew, Robbie, that she will pay him $100 if he will quit
smoking for a month. If he does,is there a binding contract? - answer Yes because
its a legal right
Mary agrees to sew Georgia's prom dress for $50 plus cost. Georgia decides that she
wants ruffles around the neck and calls Mary who says it will now cost $60.When Mary
finishes the dress with ruffles, Georgia must pay what and why? - answer $60 since
the modified agreement is supported by additional consideration
an undisputed debt is: - answer an obligation that's not contested as to its existence
or amount
andrew agrees to paint rosalin house for $500. Two days after he starts the job he
decides that $500 isn't enough money. He refuses to finish the job unless Rosalin
agrees to pay him $100 more. What principle applies to this situation? - answer
Andrew was obligated to paint the house , he gives no additional consideration for
rosaline promise to pay more money.
a _________ is a measure designed to protect the public from unqualified practitioners -
answer regulatory license
which of the following would generally be considered to be a revenue raising licensing
law - answer a statute requiring that sales people be licensed but not establishing
that any educational or training requirements
archie bets his friend jerry $100 that the Packers will win the next super bowl. What kind
of agreement is this? - answer illegal wearing agreement
Sheryl, age 16, ordered a new dress to wear to the school prom. She has contracted to
pay $500 when the dress arrives. Before the dress arrives Sheryl decides that the dress
is too expensive and she now wishes to cancel the order. Can she disaffirms the
contract? - answer Yes, she may disaffirm the executory contract because, while
clothing in general is classified as a necessary, a new prom formal would probably not
be classified as necessary.
The UCC article 2 statute of frauds division applies to the sale of goods for the price of
_____ or more - answer $500
Which of the following promises in consideration of marriage would be outside the
statute of frauds - answer Camilo and Laura mutually promise to marry each other in
a formal ceremony on June 23rd
, In which of the following cases will an oral contract for the sale of goods of $750 be
enforceable without writing? - answer all of the above
Which of the following duties would not be delegable - answer Arthur has a duty to
teach an accounting class at a community college during the fall semester
Stark enters into a contract with a contractor to build a large shopping mall in River City.
Donner will greatly benefit from this contract since his convenience store is adjacent to
the mall. What type of beneficiary is Donner in this scenario? - answer incindental
beneficiary
Darrel owns a parcel of land that's encumbered by a mortgage held by First national
bank. Darrell agrees to sell the land to Paul for $50,000. Darrell and Paul together go to
the first national bank to discuss the sale and purchase with the banker. Darrell, Paul,
and the banker sign an agreement stating that Paul will assume the mortgage and that
Darrell will be discharged from all further liability on the mortgage. Whats the agreement
called? - answer Novation
Jack recently borrowed $50 from Ricardo for a couple of weeks. Jack still short of cash
tells Ricardo "i will wash and wax your car for the $50 i owe you" and Ricardo says "ok
that's great Jack". What do we call Jacks performance of this new duty? - answer
Satisfaction
On Nov 1st Paula and Roberta enter into a contract where both parties are obligated to
perform on Dec 31st. on Dec 1st Paula tells Roberta I can in no way perform my duties
in our contract. What do we call this? - answer anticipatory repudiation
Rebecca sees a pair of silver shoes that she told shoe keeper to hold for her with a note
saying "will hold until May 5th for Rebecca, silver shoes size 8. Will he have to honor
that promise? - answer Yes he has to keep his promise and there is a condition
precedent to the contract
Anita whose a seamstress agrees to sew a suit for brian who promises in return to pay
Anita $500 for the suit if he's satisfied with it. Anita completes the suit which fits Brian
perfectly. Nevertheless he says that he's not satisfied and refuses to accept or pay for it.
What can the seamstress do? - answer She can do nothing because she agreed to
be paid upon his satisfaction and since he claims that he isn't satisfied, then she can do
nothing
Austin enters a contract with Bess to remodel her kitchen within one month. He
repeatedly comes to her house to start the project but Bess doesn't let him begin
because she says she needs unrestricted use of her kitchen. Has Bess done anything
wrong? - answer Materially breached the contract by substantially interfering with or
preventing austins performance
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