LEGL 2700 ROESSING EXAM 4 ACTUAL PAPER
2026 QUESTIONS WITH SOLUTIONS GRADED
A+
◉ Uniform Commercial Code (UCC). Answer: -covers the sale of
goods
-goods are tangible, movable items of personal property
-applies to individuals & firms
-uniform state law
-Article 2: applies to contracts
-Section 207: "Battle of Forms" -> Deal still goes through
◉ bilateral contracts. Answer: -involve a promise for promise
exchange ( mutual promises)
-acceptance is before action
◉ unilateral contracts. Answer: -exist when a promise is made in
exchange for performance
-ex. reward for lost pet
-acceptance has a time period before action is performed
,◉ express contracts. Answer: parties discuss the promised terms of
their agreement
◉ implied-in-fact contracts. Answer: -arise from the conduct of the
parties rather than from the words
-Ex. asking an accountant for advice -> implies a promise to pay the
going rate for this advice
◉ Leyden v. American Accreditation Healthcare Commission.
Answer: -Leyden got terminated from her job -> claimed that
termination was a breach of an implied contract
-enforcing implied-in-fact agreements is an important means of
ensuring that two parties' intent to make binding promises is
honored
-implied-in-fact must contain the same elements as contracts ->
acceptance and consideration
-employers can weaken the presumption of an at-will employment
relationship by making statements about the employee rights and
expectation in policies and manuals
◉ implied-in-law contract. Answer: when one party is unjustly
enriched at the expense of another, the law may imply a duty on the
first party to pay the second even though there is no contract
between the two parties
,◉ quasi-contract. Answer: not true contracts, but a judicial remedy
to prevent on part from receiving unjust enrichment
◉ enforceable contract. Answer: when courts uphold the validity of
such promises
◉ unenforceable contract. Answer: if a nonperforming party has a
justifiable reason for noncompliance with a promise
◉ valid contract. Answer: -when an agreement is enforceable
because all the essential requirements are present
-can be voided by both parties
◉ void contract. Answer: -one that appears to be an agreement but
lacks an essential requirement for validity and enforceability
-only minor can get out of contract
◉ in pari delicto. Answer: a situation in which both parties are
equally at fault in an illegal contract
◉ voidable contract. Answer: -an agreement when at least one party
has the right to withdraw from the promise made without incurring
any legal liability
-can't be voided by either parties
, ◉ executed contract. Answer: one in which the parties have
performed their promises
◉ executory contract. Answer: when the parties have not yet
performed their agreement
◉ Elements of an Enforceable Contract. Answer: -Offer to enter into
a contract
-Acceptance of the offer
-Consideration for each promise
-Capacity of each party to enter into a binding agreement
-Legality of subject matter
◉ Defenses to Contract Enforcement. Answer: -Improper form when
a writing is required
-no true meeting of the minds due to fraud or mistake
◉ offer. Answer: contains a specific promise and a specific amount
◉ indefiniteness. Answer: When the terms of an agreement are not
definite and specific
2026 QUESTIONS WITH SOLUTIONS GRADED
A+
◉ Uniform Commercial Code (UCC). Answer: -covers the sale of
goods
-goods are tangible, movable items of personal property
-applies to individuals & firms
-uniform state law
-Article 2: applies to contracts
-Section 207: "Battle of Forms" -> Deal still goes through
◉ bilateral contracts. Answer: -involve a promise for promise
exchange ( mutual promises)
-acceptance is before action
◉ unilateral contracts. Answer: -exist when a promise is made in
exchange for performance
-ex. reward for lost pet
-acceptance has a time period before action is performed
,◉ express contracts. Answer: parties discuss the promised terms of
their agreement
◉ implied-in-fact contracts. Answer: -arise from the conduct of the
parties rather than from the words
-Ex. asking an accountant for advice -> implies a promise to pay the
going rate for this advice
◉ Leyden v. American Accreditation Healthcare Commission.
Answer: -Leyden got terminated from her job -> claimed that
termination was a breach of an implied contract
-enforcing implied-in-fact agreements is an important means of
ensuring that two parties' intent to make binding promises is
honored
-implied-in-fact must contain the same elements as contracts ->
acceptance and consideration
-employers can weaken the presumption of an at-will employment
relationship by making statements about the employee rights and
expectation in policies and manuals
◉ implied-in-law contract. Answer: when one party is unjustly
enriched at the expense of another, the law may imply a duty on the
first party to pay the second even though there is no contract
between the two parties
,◉ quasi-contract. Answer: not true contracts, but a judicial remedy
to prevent on part from receiving unjust enrichment
◉ enforceable contract. Answer: when courts uphold the validity of
such promises
◉ unenforceable contract. Answer: if a nonperforming party has a
justifiable reason for noncompliance with a promise
◉ valid contract. Answer: -when an agreement is enforceable
because all the essential requirements are present
-can be voided by both parties
◉ void contract. Answer: -one that appears to be an agreement but
lacks an essential requirement for validity and enforceability
-only minor can get out of contract
◉ in pari delicto. Answer: a situation in which both parties are
equally at fault in an illegal contract
◉ voidable contract. Answer: -an agreement when at least one party
has the right to withdraw from the promise made without incurring
any legal liability
-can't be voided by either parties
, ◉ executed contract. Answer: one in which the parties have
performed their promises
◉ executory contract. Answer: when the parties have not yet
performed their agreement
◉ Elements of an Enforceable Contract. Answer: -Offer to enter into
a contract
-Acceptance of the offer
-Consideration for each promise
-Capacity of each party to enter into a binding agreement
-Legality of subject matter
◉ Defenses to Contract Enforcement. Answer: -Improper form when
a writing is required
-no true meeting of the minds due to fraud or mistake
◉ offer. Answer: contains a specific promise and a specific amount
◉ indefiniteness. Answer: When the terms of an agreement are not
definite and specific
