FGCU BUL 3130 Exam 2 Study Guide
Solutions
Officer Tom stops Kathy because she looks like a criminal to him, and after a pat down finds marijuana in
her pocket. He then uses the drugs to justify obtaining a warrant to search her home for more drugs. The
search uncovers 8 kilos of cocaine. What ...
ABC Land Co. is negotiating the sale of an office building to Mega Co. Which laws will govern the contract
for the sale of the building? - ANSWER✔✔-State common law
Most advertisements in the mass media are not offers because they - ANSWER✔✔-do not contain a
specific commitment to sell
Something of value that is exchanged as part of an agreement is called - ANSWER✔✔-consideration
Sam has contracted with Dave to purchase Dave's racing bike, with payment and delivery of the bicycle
to be made 10 days after the contract was made. Three days later Sam hears that Dave is going to sell
the bike to Gene in three days at a higher price. If Sam really wants the bike, what should he do? -
ANSWER✔✔-Immediately seek injunctive relief
Sally has just purchased a home and wants to have an in-ground pool installed. She calls Cool Pools, the
company that put in her neighbors' pools. When the company rep comes to her property, he does some
soil tests that are standard for the industry and gets the same results as he got when the other pools
were put in, so the company gives her a price quote of $16,000. When Cool Pools begins excavating, it
discovers solid rock four feet below ground level. The neighbors had no such rock. Cool Pools stops work
and informs Sally that it will have to use explosives to remove the rock and the cost of the pool will now
be $32,000. - ANSWER✔✔-Sally can have the contract discharged based on impracticability.
In which of the following situations would anticipatory repudiation not be allowed? - ANSWER✔✔-
Manny calls Moe and tells him that the sculpture he's creating for him is coming along slower than
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