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ACCT 2700 EXAMS SCRIPT ACTUAL QUESTIONS AND ANSWERS RATED

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ACCT 2700 EXAMS SCRIPT ACTUAL QUESTIONS AND ANSWERS RATED

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ACCT 2700 EXAMS SCRIPT ACTUAL QUESTIONS AND
ANSWERS RATED A+
✔✔Mens rea:
A. Means wrongful mental state
B. Is typically required to establish criminal liability
C. Both are correct - ✔✔A. Means wrongful mental state

✔✔Which of the following is not a violent crime?
A. Robbery
B. Murder
C. Larceny
D. Rape - ✔✔Larceny

✔✔Your client is taken into custody by the police on suspicion of
committing murder but is not given Miranda warnings. While in
custody, your client told the police where the gun is and now your
client has been charged with murder. Can you have your client's
statement excluded from trial proceedings?
A. Yes, because it is a requirement that suspects be informed of their
rights pursuant to Miranda v. Arizona
B. Yes, because it is illegally obtained evidence known as the "fruit of
the poisonous tree"
C. No, because the statement can be admitted under a public safety
exception
D. No, because your client was too dumb not to talk - ✔✔A. Yes, because it is a
requirement that suspects be informed of their
rights pursuant to Miranda v. Arizona

✔✔The following elements are necessary for an offer to be effective:
A. Offeror must have serious intention to be bound by offer, terms must be reasonably
certain or definite, offer must be communicated to offeree
B. Offeree must accept the offer
C. The offer must be legal
D. None of the ab - ✔✔A. Offeror must have serious intention to be bound by offer,
terms must be reasonably certain or definite, offer must be communicated to offeree

✔✔True or false: An agreement must have both offer and acceptance - ✔✔True

✔✔Which of the following is NOT a way an offer can be terminated?
A. Revocation by a party
B. Rejection by a party
C. Counteroffer
D. Death or Destruction of subject matter
E. None of the above - ✔✔E. None of the above

, ✔✔True or false: The Mailbox Rule is the rule followed by a majority of courts with
regard to acceptance of an offer - ✔✔True

✔✔True or false: Silence by an offeree can always equal acceptance of an offer. -
✔✔True

✔✔Which of the following constitutes a valid offer?
A. "I think that house is worth $500K"
B. "Auburn football sucks this season, I am going to sell my
tickets for $1.00 a piece"
C. "I plan to sell my Apple stock"
D. "Would you sell your farm?"
E. None of the above - ✔✔E. None of the above

✔✔True or false: The Statute of Frauds was designed to ensure fraudulent contracts
could be voided. - ✔✔False

✔✔True or false: The Statute of Frauds requires certain
kinds of contracts to be in writing and signed by the
person against whom enforcement is sough - ✔✔True

✔✔Which of the following kinds of contracts is not subject to the Statute of Frauds?
A. Prenuptial Agreement
B. Lease for an Apartment
C. Contract to purchase 100 tshirts from a screen printing company
for $250
D. None of these are correct - ✔✔C. Contract to purchase 100 tshirts from a screen
printing company for $250

✔✔Deion Sanders goes to Ware Jewelers and tells them he wants them to make him a
custom
diamond necklace with a football and his old jersey number and his initials. It will cost
$150,000
and take the jeweler months to make. Deion and the jeweler discuss the necklace and
price but
do not sign a written agreement. The jeweler begins making the necklace and is about
halfway
complete when Deion calls and says he no longer wants the necklace. Which of the
following is
true?
A. Ware Jewelers can sue Deion Sanders for specific performance because the
necklace is a
specially-made good and Ware Jewelers undertook production.

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