. /. A third party beneficiary's status occurs - Answer-When the contract is created.
/.The status of a third party is determined by - Answer-The intent of the contracting
parties.
/.Once a duty is delegated, it relieves the delegator of his or her own liability to perform
the contract. - Answer-False
/.Assignment is prohibited when the obligor is agreeing to perform personal services. -
Answer-True
/.Ambiguities in contracts are always interpreted in favor of the side that wrote the
contract, since they are the ones who know what the provision is supposed to mean. -
Answer-False
/.In the case of a typo, a court will reform a contract if there is clear and convincing
evidence that the alleged mistake does not actually reflect the true intent of the parties. -
Answer-True
/.Statements of fact about the past and present are called - Answer-Representations
and warranties.
/."Scrivener's error" is another (fancier) name for a typo. - Answer-True
/.If a seller includes an express warranty in the written sales contract, any disclaimer is
invalid. - Answer-True
/.Under the UCC, a merchant is frequently held to a higher standard of conduct than a
non-merchant. - Answer-True
/.A buyer's material breach gives the seller the right to refuse to deliver the goods. -
Answer-True
/.The UCC is federal legislation enacted by Congress. - Answer-False
/.The Children's Online Privacy Protection Act - Answer-Regulates the activities of
Internet operators with regard to collecting information from children.
/.When you surf the Internet, tracking tools collect information about you, often without
your knowledge. - Answer-True