[05] Lessons 4 & 5 Exam
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Written Jul 10, 2025 9:27 PM - Jul 11, 2025 12:00 AM e Attempt 1 of 2
Attempt Score 95/100-95%
Overall Grade (Highest Attempt) 95/100-95%
Question 1 2.5/ 2.5 points
M agreed to buy G's house for $200,000. The closing was to be held on April 5. G did not have all items
removed from the home until April 9. M had to spend $500 on hotel expenses because of G's breach. The
contract had listed that hotel expenses in the event this occurred would be limited to $400. This agreement
of capping the hotel expenses at $400 is an example of __________ damages.
O consequential
@ liquidated
(O compensatory
O mitigated
Question 2 2.5/ 2.5 points
The major source of law that governs contracts is:
@® common law.
O legal dictionaries.
O civil law.
O restatement of law.
, Which of the following are foreseeable damages that arise outside the terms of the contract?
(O Punitive damages
@ Consequential damages
(O Compensatory damages
O Liquidated damages
Question 4 2.5/ 2.5 points
Sally leases an apartment to Bert. In most jurisdictions, the lease must be in writing if which of the
following is true?
(O Bert has a history of being delinquent on his rent.
(O The two have entered an executory contract.
@ Bert plans to rent for longer than one year.
(O Sally doesn't trust her memory to remember the terms.
Question 5 0/ 2.5 points
Brad Pitt has signed a contract with Sony Pictures to play the part of Bill Clinton. Brad then changes his
mind, because Lucas Films offers him more money to play the part of Donald Trump. Filming for both
projects is scheduled to begin at the same time, so Brad cannot do both. Sony claims it will suffer
irreparable harm if Brad breaches the contract. Most likely, a court will rule against Brad and remedy Brad's
refusal to perform by ordering which of the following?
O Specific performance
@® Compensatory damages
(O Punitive damages
O Injunction
Question 6 2.5/ 2.5 points
If a contract has been completely performed, it can be said that the contract is:
O void.
@ discharged.
O effective.
O breached.
Question 7 2.5/ 2.5 points
Minors, incompetent persons, and intoxicated persons:
(O have alimited capacity to contract.
(O do not have the capacity to enter into a long-term contract.
(O possess the ability to contract.
@ lack the capacity to contract.
Your work has been saved and submitted
Written Jul 10, 2025 9:27 PM - Jul 11, 2025 12:00 AM e Attempt 1 of 2
Attempt Score 95/100-95%
Overall Grade (Highest Attempt) 95/100-95%
Question 1 2.5/ 2.5 points
M agreed to buy G's house for $200,000. The closing was to be held on April 5. G did not have all items
removed from the home until April 9. M had to spend $500 on hotel expenses because of G's breach. The
contract had listed that hotel expenses in the event this occurred would be limited to $400. This agreement
of capping the hotel expenses at $400 is an example of __________ damages.
O consequential
@ liquidated
(O compensatory
O mitigated
Question 2 2.5/ 2.5 points
The major source of law that governs contracts is:
@® common law.
O legal dictionaries.
O civil law.
O restatement of law.
, Which of the following are foreseeable damages that arise outside the terms of the contract?
(O Punitive damages
@ Consequential damages
(O Compensatory damages
O Liquidated damages
Question 4 2.5/ 2.5 points
Sally leases an apartment to Bert. In most jurisdictions, the lease must be in writing if which of the
following is true?
(O Bert has a history of being delinquent on his rent.
(O The two have entered an executory contract.
@ Bert plans to rent for longer than one year.
(O Sally doesn't trust her memory to remember the terms.
Question 5 0/ 2.5 points
Brad Pitt has signed a contract with Sony Pictures to play the part of Bill Clinton. Brad then changes his
mind, because Lucas Films offers him more money to play the part of Donald Trump. Filming for both
projects is scheduled to begin at the same time, so Brad cannot do both. Sony claims it will suffer
irreparable harm if Brad breaches the contract. Most likely, a court will rule against Brad and remedy Brad's
refusal to perform by ordering which of the following?
O Specific performance
@® Compensatory damages
(O Punitive damages
O Injunction
Question 6 2.5/ 2.5 points
If a contract has been completely performed, it can be said that the contract is:
O void.
@ discharged.
O effective.
O breached.
Question 7 2.5/ 2.5 points
Minors, incompetent persons, and intoxicated persons:
(O have alimited capacity to contract.
(O do not have the capacity to enter into a long-term contract.
(O possess the ability to contract.
@ lack the capacity to contract.
