MGMT 455 EXAM 2|91 Questions And Answers|100% Correct

A written contract is defined as a document upon which has been printed all of the terms and conditions of the parties' agreement. - ️️F A quasi contract may be imposed by the Court upon the parties to a contract in order to prevent one party from being unjustly enriched to the dteriment of the other party. - ️️T A voidable contract is one which the Court will refuse to enforce against the defaulting party. - ️️F The Court may refuse to enforce a contract if the contract is unconscionable. - ️️T A revocation of an offer to enter into a contract will become more effective once the revocation has been placed in the mail. - ️️F Minors are not liable for their torts in as much as parents of minors are liable for actual damages up to $5000. - ️️F In order for a person to successfully prosecute a fraud case, that person must establish and prove various elements, one of which is that the Defendant intended to deceive the Plaintiff. - ️️T The Indiana Lemon Law covers conditions or defects in new motor vehicles, which substantially impair the use, the market value, or safety of the motor vehicle. - ️️T A motor vehicle subject to the Indiana Lemon Law will have as its term of protection no later than 18 months after the original delivery date of the motor vehicle to the buyer. - ️️F