BUL 4310 FINAL EXAM STUDY GUIDE COMPREHENSIVE
EXAM QUESTIONS WITH DETAILED VERIFIED AND 100%
ACCURATE ANSWERS BRAND NEW EXAM ALREADY
GRADED (A+ PASS)
Geoffrey is an agent of Smith's Meat Products Limited. While delivering
products, the company's van breaks down. What legal theory, if any,
would allow Geoffrey to contract a garage for the repair of the
principal's van? Ans✓✓✓ Incidental authority
It is said that the law should be viewed as a delicate balancing act
because: Ans✓✓✓ one company's contract rights may be upheld at the
expense of another's
Lisa agrees to sell Deb an electronic entertainment center worth $1,000
for $700 in order to have a rapid sale. Later Lisa insists that she may
rescind this agreement since the agreed price was 30% below fair market
value. Lisa may: Ans✓✓✓ Not rescind since Lisa and Debbie freely
agreed
When a consideration is so ridiculously inadequate that it shocks the
court's conscience, it is considered: Ans✓✓✓ Unconscionable
In what respect is a bailment legally different from a sale? Ans✓✓✓
Title does not transfer in a bailment.
Probate courts and courts of claims are examples of courts with
Ans✓✓✓ special jurisdiction
, While living in Oregon, Lillian was accused of molesting several
children in Idaho five years earlier, where she had worked as a social
worker. Lillian could be brought back to Idaho for trial: Ans✓✓✓ under
Article IV of the U.S. Constitution
Thomas is named "office manager" by Bigger Co., but his precise duties
are not described. What type of authority would authorize Thomas to
purchase office supplies? Ans✓✓✓ Implied authority
Uncle Rodrick was deeply in debt when he died. His niece Evangeline
became the administrator of his estate. She orally promised Rodrick's
creditors that she would personally pay his debts if they would not
publicize the fact that Rodrick died in debt. When Evangeline was
unable to pay the debts, the creditors sued her. Will the creditors be
legally able to collect from Evangeline? Ans✓✓✓ No, since her promise
was not written and signed
Donna entered into an oral contract with Ava to purchase a house from
Ava, with $500 per month payments for the next 10 years. Donna moved
into the house, remodeled it, and did extensive repairs. At the end of 10
years, Ava refused to convey title to the house to Donna and produced
evidence at the resulting trial that the fair market rental value for the
house averaged $800 per month over the 10-year period. Which of the
following is true according to the Statute of Frauds? Ans✓✓✓ Donna
can claim ownership since she remodeled the house relying on the oral
contract.
EXAM QUESTIONS WITH DETAILED VERIFIED AND 100%
ACCURATE ANSWERS BRAND NEW EXAM ALREADY
GRADED (A+ PASS)
Geoffrey is an agent of Smith's Meat Products Limited. While delivering
products, the company's van breaks down. What legal theory, if any,
would allow Geoffrey to contract a garage for the repair of the
principal's van? Ans✓✓✓ Incidental authority
It is said that the law should be viewed as a delicate balancing act
because: Ans✓✓✓ one company's contract rights may be upheld at the
expense of another's
Lisa agrees to sell Deb an electronic entertainment center worth $1,000
for $700 in order to have a rapid sale. Later Lisa insists that she may
rescind this agreement since the agreed price was 30% below fair market
value. Lisa may: Ans✓✓✓ Not rescind since Lisa and Debbie freely
agreed
When a consideration is so ridiculously inadequate that it shocks the
court's conscience, it is considered: Ans✓✓✓ Unconscionable
In what respect is a bailment legally different from a sale? Ans✓✓✓
Title does not transfer in a bailment.
Probate courts and courts of claims are examples of courts with
Ans✓✓✓ special jurisdiction
, While living in Oregon, Lillian was accused of molesting several
children in Idaho five years earlier, where she had worked as a social
worker. Lillian could be brought back to Idaho for trial: Ans✓✓✓ under
Article IV of the U.S. Constitution
Thomas is named "office manager" by Bigger Co., but his precise duties
are not described. What type of authority would authorize Thomas to
purchase office supplies? Ans✓✓✓ Implied authority
Uncle Rodrick was deeply in debt when he died. His niece Evangeline
became the administrator of his estate. She orally promised Rodrick's
creditors that she would personally pay his debts if they would not
publicize the fact that Rodrick died in debt. When Evangeline was
unable to pay the debts, the creditors sued her. Will the creditors be
legally able to collect from Evangeline? Ans✓✓✓ No, since her promise
was not written and signed
Donna entered into an oral contract with Ava to purchase a house from
Ava, with $500 per month payments for the next 10 years. Donna moved
into the house, remodeled it, and did extensive repairs. At the end of 10
years, Ava refused to convey title to the house to Donna and produced
evidence at the resulting trial that the fair market rental value for the
house averaged $800 per month over the 10-year period. Which of the
following is true according to the Statute of Frauds? Ans✓✓✓ Donna
can claim ownership since she remodeled the house relying on the oral
contract.
