LEGL 2700 ROESSING EXAM 2(ACTUAL
EXAM) QUESTIONS AND ANSWERS LATEST
2024 – 2025 GOOD SCORE IS GUARANTEED
GRADE A+
East Capitol View Community Development Corp. v. Robinson
(2008) - ANSWERS-- Courts are reluctant to excuse
performance due to impossibility or impracticability
- The court specifically distinguishes between objective
impossibility and personal impossibility. Only the former
excuses performance
- Contracting parties have the ability to allocate known risks in
the contract. For that reason, impossibility must be an
unexpected ocurrence
,Oliver v. Ball (2016) - ANSWERS-- When a contract involves
unique subject matter, courts may award specific performance
because there is no amount of money that can make up for the
failure of the contractual promise
- Land is a common context for the award of specific
performance because it is such a unique asset
Bilateral Contract - ANSWERS-Promise in exchange for a
promise
Involves promisor and promisee
Usually made to a specific person
Acceptance, then performance later
Binding even when promise hasn't been fulfilled yet
Ex) work order to paint house
Unilateral Contract - ANSWERS-Promise in exchange for an
action
Made to the whole world
Acceptance and performance happen at the same time
, Not binding until action has been done
Ex) lost dog poster and reward
Promise - ANSWERS-A commitment or willingness to be bound
to a contract obligation
Uniform Commercial Code (UCC) - ANSWERS-The most
successful attempt to have states adopt a uniform law
Purpose is to simplify, clarify, and modernize the laws
governing commercial transactions
Goods - ANSWERS-Tangible (touchable), movable personal
property
Express Contracts - ANSWERS-A contract in which parties show
their agreement in words
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