EXAM 2: CONTRACT LAW MCQ PRACTICE QUESTIONS WITH 100% CORRECT ANSWERS!!
CONTRACT LAW MCQ Evatee 7/16/24 CONTRACT LAW MCQ EXAM 2: CONTRACT LAW MCQ PRACTICE QUESTIONS WITH 100% CORRECT ANSWERS!!
Elliot enters into a contract to purchase JD's house, and then changes her mind.
JD sues her for breach of contract. The lawsuit for a breach of contract will be governed by a. common law of contracts. b. agency regulations. c. state statute. d. the Uniform Commercial Code Answer - a
Troy, who is 18, offers to sell Jenna, who is also 18, his car for $5,000. Jenna accepts Troy's offer, but only agrees to pay $4,500 for the car. Which of the following contract elements has not been met?
a. Legality.
b. Offer.
c. Acceptance.
d. Contractual Capacity. Answer - c
Jackson offers to pay Casey $50 for his used business law textbook. Casey agrees to sell it for that amount. They agree to meet one week later to exchange the money for the book. Casey and Jackson have formed
a. a formal contract.
b. no contract.
CONTRACT LAW MCQ Evatee 7/16/24 CONTRACT LAW MCQ EXAM 2: CONTRACT LAW MCQ PRACTICE QUESTIONS WITH 100% CORRECT ANSWERS!!
Elliot enters into a contract to purchase JD's house, and then changes her mind.
JD sues her for breach of contract. The lawsuit for a breach of contract will be governed by a. common law of contracts. b. agency regulations. c. state statute. d. the Uniform Commercial Code Answer - a
Troy, who is 18, offers to sell Jenna, who is also 18, his car for $5,000. Jenna accepts Troy's offer, but only agrees to pay $4,500 for the car. Which of the following contract elements has not been met?
a. Legality.
b. Offer.
c. Acceptance.
d. Contractual Capacity. Answer - c
Jackson offers to pay Casey $50 for his used business law textbook. Casey agrees to sell it for that amount. They agree to meet one week later to exchange the money for the book. Casey and Jackson have formed
a. a formal contract.
b. no contract.
