Susie agreed to sell grocer Marcus 1,000 jars of jelly for a total price of $2,000. Marcus
breached the contract, and Susie had to find an alternate buyer. She found one who
would purchase the jelly for $1,500. Susie, therefore, lost $500 because of Marcus'
breaching their contract of sale. Susie has which one of the following remedies
available for this breach of contract?
Select one:
A. Damages
B. Contract price
C. Specific performance
D. Injunction
Give this one a try later!
A. Damages
,A nurse told her mentally infirm patient, "Put me in your will and you can have your
choice of meals every day. You know no one in your family loves you like I do!" The
patient complied. Under which one of the following theories could this contract be
avoided?
Select one:
A. Mistake in fact
B. Undue influence
C. Duress
D. Innocent misrepresentation
Give this one a try later!
B. Undue influence
In weighing whether the wrongdoer deprived the plaintiff of free will in entering an
agreement, the court considers the victim's
Select one:
A. Education.
B. Marital status.
C. Salary.
D. Family's stability.
Give this one a try later!
A. Education.
Betty Lou, who owes Hillary $300, sells a gem necklace to Jennifer for $600. Betty Lou
receives $300 in cash and Jennifer's promise to pay $300 to Hillary to discharge Betty
Lou's debt to Hillary. In this situation, Hillary is best described as
,Select one:
A. A creditor beneficiary.
B. A donee beneficiary.
C. An intended beneficiary.
D. An incidental beneficiary.
Give this one a try later!
A. A creditor beneficiary.
A person who enters a contract under duress may not have created
Select one:
A. Mutual assent.
B. Permission.
C. Acceptance.
D. Valuable consideration.
Give this one a try later!
A. Mutual assent.
In January, Sue verbally agrees to sell one of two her houses to Scott for $250,000
before the end of the year. In November, Scott asks Sue for a written contract and
receives a signed handwritten note restating their prior verbal agreement, but it does
not say which house is being sold. Is this an enforceable contract?
Select one:
A. No, because the statute of frauds conditions are not met.
B. Yes, because it reflects the essential elements of a contract.
C. No, because it is missing critical terms of a real estate transaction.
D. Yes, because it conforms to the parol evidence rule.
, Give this one a try later!
B. Yes, because it reflects the essential elements of a contract.
In a contract for 1,000 loaves of bread, grocer Andy wrote out the words "one
thousand" but typed in the number 100. The supplier delivered 100 loaves which
resulted in a loss of a major customer. Which one of the following priorities will apply
in this case?
Select one:
A. Figures prevail over words.
B. Handwriting prevails over typewriting.
C. Words prevail over printing.
D. Printing prevails over handwriting.
Give this one a try later!
B. Handwriting prevails over typewriting.
Ray sells a schooner to Catherine. The bill of sale indicates the price of the schooner
as well as the make, model, and year of the boat. Catherine later claims in a lawsuit
that Ray had promised to include communications and computer equipment in the
sale, and she attempts to support her claim in court with a letter written by Ray. Ray
wrote and signed the letter before the date of the final bill of sale, in which he
promised to include the claimed items. Under the parol evidence rule, the contract
Select one:
A. Will become voidable due to the parol evidence rule.
B. Will be modified to add only the letter written and signed before the date of the
final bill of sale.
C. Will not include the letter because the letter cannot be admitted into evidence.
D. Includes all documents relating to the sale including the letter Ray wrote prior to
the sale.
breached the contract, and Susie had to find an alternate buyer. She found one who
would purchase the jelly for $1,500. Susie, therefore, lost $500 because of Marcus'
breaching their contract of sale. Susie has which one of the following remedies
available for this breach of contract?
Select one:
A. Damages
B. Contract price
C. Specific performance
D. Injunction
Give this one a try later!
A. Damages
,A nurse told her mentally infirm patient, "Put me in your will and you can have your
choice of meals every day. You know no one in your family loves you like I do!" The
patient complied. Under which one of the following theories could this contract be
avoided?
Select one:
A. Mistake in fact
B. Undue influence
C. Duress
D. Innocent misrepresentation
Give this one a try later!
B. Undue influence
In weighing whether the wrongdoer deprived the plaintiff of free will in entering an
agreement, the court considers the victim's
Select one:
A. Education.
B. Marital status.
C. Salary.
D. Family's stability.
Give this one a try later!
A. Education.
Betty Lou, who owes Hillary $300, sells a gem necklace to Jennifer for $600. Betty Lou
receives $300 in cash and Jennifer's promise to pay $300 to Hillary to discharge Betty
Lou's debt to Hillary. In this situation, Hillary is best described as
,Select one:
A. A creditor beneficiary.
B. A donee beneficiary.
C. An intended beneficiary.
D. An incidental beneficiary.
Give this one a try later!
A. A creditor beneficiary.
A person who enters a contract under duress may not have created
Select one:
A. Mutual assent.
B. Permission.
C. Acceptance.
D. Valuable consideration.
Give this one a try later!
A. Mutual assent.
In January, Sue verbally agrees to sell one of two her houses to Scott for $250,000
before the end of the year. In November, Scott asks Sue for a written contract and
receives a signed handwritten note restating their prior verbal agreement, but it does
not say which house is being sold. Is this an enforceable contract?
Select one:
A. No, because the statute of frauds conditions are not met.
B. Yes, because it reflects the essential elements of a contract.
C. No, because it is missing critical terms of a real estate transaction.
D. Yes, because it conforms to the parol evidence rule.
, Give this one a try later!
B. Yes, because it reflects the essential elements of a contract.
In a contract for 1,000 loaves of bread, grocer Andy wrote out the words "one
thousand" but typed in the number 100. The supplier delivered 100 loaves which
resulted in a loss of a major customer. Which one of the following priorities will apply
in this case?
Select one:
A. Figures prevail over words.
B. Handwriting prevails over typewriting.
C. Words prevail over printing.
D. Printing prevails over handwriting.
Give this one a try later!
B. Handwriting prevails over typewriting.
Ray sells a schooner to Catherine. The bill of sale indicates the price of the schooner
as well as the make, model, and year of the boat. Catherine later claims in a lawsuit
that Ray had promised to include communications and computer equipment in the
sale, and she attempts to support her claim in court with a letter written by Ray. Ray
wrote and signed the letter before the date of the final bill of sale, in which he
promised to include the claimed items. Under the parol evidence rule, the contract
Select one:
A. Will become voidable due to the parol evidence rule.
B. Will be modified to add only the letter written and signed before the date of the
final bill of sale.
C. Will not include the letter because the letter cannot be admitted into evidence.
D. Includes all documents relating to the sale including the letter Ray wrote prior to
the sale.
