Law 3220 Exam 2 2026 Exam
Questions and Correct
Answers | New Update
A(n) _____ is best defined as a contract that involves one promise,
followed by one performance, which then triggers a second performance
from the offeror. - ANSWER ✔✔unilateral contract
A void contract is one that meets the elements required by law for an
otherwise binding agreement but is subject to a legal defense in order
to be enforceable. - ANSWER ✔✔False
A contract is simply an agreement that a court of law will recognize and
enforce. - ANSWER ✔✔True
, Only written contracts are considered to be enforceable. - ANSWER
✔✔False
Which of the following elements of a contract pertains to the fact that
there is an offer and agreement between the involved parties? -
ANSWER ✔✔Mutual Assent
Abel sends Baker a text message: "I will provide landscaping for your
office building for $500 per trip." Baker calls Abel and says, "I agree to
your landscaping offer." What source of law governs this contract? -
ANSWER ✔✔Common
Abel sends Baker a letter: "I offer to perform consulting services for six
months at $100/month." Baker signs "I agree." This contract fits into
which category? - ANSWER ✔✔Bilateral
Cardozo Candies agrees to sell 100 boxes of chocolate to a retail store
and deliver them in one week. This agreement falls into which of the
following categories of contracts? - ANSWER ✔✔Express
Aimee goes online and orders a pair of jeans, three T-shirts, and a pair
of boots. This is an example of: - ANSWER ✔✔A divisible contract
A contract in which one party may either disaffirm or enforce a contract is
___________. - ANSWER ✔✔voidable
Questions and Correct
Answers | New Update
A(n) _____ is best defined as a contract that involves one promise,
followed by one performance, which then triggers a second performance
from the offeror. - ANSWER ✔✔unilateral contract
A void contract is one that meets the elements required by law for an
otherwise binding agreement but is subject to a legal defense in order
to be enforceable. - ANSWER ✔✔False
A contract is simply an agreement that a court of law will recognize and
enforce. - ANSWER ✔✔True
, Only written contracts are considered to be enforceable. - ANSWER
✔✔False
Which of the following elements of a contract pertains to the fact that
there is an offer and agreement between the involved parties? -
ANSWER ✔✔Mutual Assent
Abel sends Baker a text message: "I will provide landscaping for your
office building for $500 per trip." Baker calls Abel and says, "I agree to
your landscaping offer." What source of law governs this contract? -
ANSWER ✔✔Common
Abel sends Baker a letter: "I offer to perform consulting services for six
months at $100/month." Baker signs "I agree." This contract fits into
which category? - ANSWER ✔✔Bilateral
Cardozo Candies agrees to sell 100 boxes of chocolate to a retail store
and deliver them in one week. This agreement falls into which of the
following categories of contracts? - ANSWER ✔✔Express
Aimee goes online and orders a pair of jeans, three T-shirts, and a pair
of boots. This is an example of: - ANSWER ✔✔A divisible contract
A contract in which one party may either disaffirm or enforce a contract is
___________. - ANSWER ✔✔voidable
