BUL 5810 – CONTRACTS EXAM
QUESTIONS AND ANSWERS 100% PASS
Which of the following contracts is covered by Article 2 of the Uniform Commercial
Code?
- sale of a building
-sale of furniture
-an agreement to have a sidewalk shoveled
-a sale of stock in ABC, Inc - ✔✔The sale of new furniture
Any property other than an interest in real property, is/are: - ✔✔personal property
Which of the following is NOT always necessary in order for a valid contract to be
formed?
-mutual assent
-legality of purpose
-a writing
-consideration - ✔✔A writing
COPYRIGHT © 2025 BY BRITTIE DONALD, ALL RIGHTS RESERVED 1
,In order to have a valid contract, in addition to the four basic requirements of a contract,
what must also occur? - ✔✔There must be an absence of invalidating conduct, such as
duress
What is a requirement of an express contract? - ✔✔The terms are stated in words
If both parties exchange promises, the contract is: - ✔✔bilateral
When might a contract might be unenforceable? - ✔✔If the statute of limitations has
passed
The doctrine of promissory estoppel: - ✔✔is a doctrine that relies on justice not
contractual rights
Another name for a quasi contract is: - ✔✔an implied in law contract
Which of the following is required in order to recover in quasi contract? -
✔✔Acceptance or retention of a benefit conferred on the defendant by the plaintiff
Contracts that are implied in law are: - ✔✔obligations imposed by law on grounds of
justice and equity
Molly signs a contract with a publishing company to edit text manuscripts. This
contract is governed by - ✔✔state common law
Sally offers to sell her Business Law textbook from last semester to Bob for $50.00. Bob
accepts Sally's offer and tells her he will pay her on Friday when he gets his paycheck.
A contract is formed: - ✔✔when Bob accepts Sally's offer
Aaron's boss offers to pay him $500 if he will pretend he is sick so that he does not have
to show up for jury duty, but will go to work instead. Aaron knows that this is against
the law, but he would rather be paid $500 from his boss than the $30 that the court will
COPYRIGHT © 2025 BY BRITTIE DONALD, ALL RIGHTS RESERVED 2
,pay him for jury duty. Aaron calls in sick and is excused from jury duty. This
agreement between Aaron and his boss is: - ✔✔Not a contract
Sid makes a material representation of fact regarding his car to Barbara while out
driving one day. The next day, Barbara calls Sid and offers to buy his car. Sid accepts
Barbara's offer without correcting the misrepresentation of fact that he made the
previous day. What is the effect of the material representation on the agreement
between Sid and Barbara? - ✔✔Barbara may avoid the contract
Bill enters into a contract with Harry. The terms are that Bill will build an addition to
Harry's home, replace the roof on Harry's garage, and make repave Harry's driveway in
exchange for Bill's payment to Harry of several thousand dollars once all of the projects
have been completed. If the driveway repavement has not yet been completed, but the
addition and the roof have been completed, which term describes the type of contract in
existence? - ✔✔Executory
Vince has lost his job and is having difficulty making ends meet. Last week, the bank
repossessed Vince's car. He is telling his neighbor Paul about his bad luck and Paul says
he wishes he could help Vince. Paul suggests that maybe Vince could have the old car
sitting in Paul's garage if Vince could get it to run. He ends the conversation by saying
"Let me think about it." The next day while Paul is at work, Vince goes into Paul's
garage and begins working on the old car. He gets it running and drives it out of Paul's
garage and into Vince's driveway. When Paul gets home from work, Vince shows Paul
the car and asks him for the title to the car. Paul tells Vince he had not made up his
mind about whether or not he would give Vince the car. Vince: - ✔✔has no claim to the
car because Paul did not make a promise
Daniel is a self-made millionaire, but he has been medically committed to a mental
health facility. A court also ordered Daniel's sister, Michelle, to preside over Daniel's
business affairs. Once inside the mental health facility, Daniel befriends his nurse,
COPYRIGHT © 2025 BY BRITTIE DONALD, ALL RIGHTS RESERVED 3
, Amanda. One day, Amanda tells Daniel about her invention to help identify stray dogs
and cats. Daniel was so impressed by Amanda's invention that he offers to buy it for
$500,000. Amanda accepts Daniel's offer. Did Daniel and Amanda form a contract? -
✔✔No because Daniel lack the capacity to contract
Mary induces James to enter into a contract. James subsequently discovers that Mary
intentionally misrepresented the terms of their contract. Upon this discovery, James
tells Mary that he will not perform his promise under the contract. If Mary sues James
for breach of contract, will Mary win? - ✔✔No, because Mary induced James into the
contract by fraudulent misrepresentations, which makes the contract voidable.
Susie told Kelly, "If you wash my car, I promise to pay you $20." Kelly does not reply.
This exchange is an example of: - ✔✔Unilateral contract
Sonny promises Maria not to foreclose for a period of six months on a mortgage that
Sonny owns on Maria's real property. Relying on this promise, Maria begins to build a
home on the land. If Sonny forecloses in two months, can Maria seek to enforce Sonny's
promise? - ✔✔Yes, Sonny made a non-contractual promise and Maria reasonably relied
on such promise and began building a home on the land.
Sergio buys an LED television from The Television Superstore in Sacramento,
California. What law governs this transaction? - ✔✔Uniform Commercial Code (UCC)
Joe sends for a MBA catalog from State University. According to the catalog, the MBA
applications are evaluated on the basis of undergraduate grades, GMAT (the
appropriate standardized test) scores, and references. Joe has a 3.1 GPA, scores very
well on the GMAT, and has excellent references. Based on the criteria listed in the
catalog, Joe applies and pays the $100 application fee. His application is rejected. Later
he finds out that others with low grades and test scores were accepted based on their
family connections with the University. If Joe followed all of the guidelines in the
COPYRIGHT © 2025 BY BRITTIE DONALD, ALL RIGHTS RESERVED 4
QUESTIONS AND ANSWERS 100% PASS
Which of the following contracts is covered by Article 2 of the Uniform Commercial
Code?
- sale of a building
-sale of furniture
-an agreement to have a sidewalk shoveled
-a sale of stock in ABC, Inc - ✔✔The sale of new furniture
Any property other than an interest in real property, is/are: - ✔✔personal property
Which of the following is NOT always necessary in order for a valid contract to be
formed?
-mutual assent
-legality of purpose
-a writing
-consideration - ✔✔A writing
COPYRIGHT © 2025 BY BRITTIE DONALD, ALL RIGHTS RESERVED 1
,In order to have a valid contract, in addition to the four basic requirements of a contract,
what must also occur? - ✔✔There must be an absence of invalidating conduct, such as
duress
What is a requirement of an express contract? - ✔✔The terms are stated in words
If both parties exchange promises, the contract is: - ✔✔bilateral
When might a contract might be unenforceable? - ✔✔If the statute of limitations has
passed
The doctrine of promissory estoppel: - ✔✔is a doctrine that relies on justice not
contractual rights
Another name for a quasi contract is: - ✔✔an implied in law contract
Which of the following is required in order to recover in quasi contract? -
✔✔Acceptance or retention of a benefit conferred on the defendant by the plaintiff
Contracts that are implied in law are: - ✔✔obligations imposed by law on grounds of
justice and equity
Molly signs a contract with a publishing company to edit text manuscripts. This
contract is governed by - ✔✔state common law
Sally offers to sell her Business Law textbook from last semester to Bob for $50.00. Bob
accepts Sally's offer and tells her he will pay her on Friday when he gets his paycheck.
A contract is formed: - ✔✔when Bob accepts Sally's offer
Aaron's boss offers to pay him $500 if he will pretend he is sick so that he does not have
to show up for jury duty, but will go to work instead. Aaron knows that this is against
the law, but he would rather be paid $500 from his boss than the $30 that the court will
COPYRIGHT © 2025 BY BRITTIE DONALD, ALL RIGHTS RESERVED 2
,pay him for jury duty. Aaron calls in sick and is excused from jury duty. This
agreement between Aaron and his boss is: - ✔✔Not a contract
Sid makes a material representation of fact regarding his car to Barbara while out
driving one day. The next day, Barbara calls Sid and offers to buy his car. Sid accepts
Barbara's offer without correcting the misrepresentation of fact that he made the
previous day. What is the effect of the material representation on the agreement
between Sid and Barbara? - ✔✔Barbara may avoid the contract
Bill enters into a contract with Harry. The terms are that Bill will build an addition to
Harry's home, replace the roof on Harry's garage, and make repave Harry's driveway in
exchange for Bill's payment to Harry of several thousand dollars once all of the projects
have been completed. If the driveway repavement has not yet been completed, but the
addition and the roof have been completed, which term describes the type of contract in
existence? - ✔✔Executory
Vince has lost his job and is having difficulty making ends meet. Last week, the bank
repossessed Vince's car. He is telling his neighbor Paul about his bad luck and Paul says
he wishes he could help Vince. Paul suggests that maybe Vince could have the old car
sitting in Paul's garage if Vince could get it to run. He ends the conversation by saying
"Let me think about it." The next day while Paul is at work, Vince goes into Paul's
garage and begins working on the old car. He gets it running and drives it out of Paul's
garage and into Vince's driveway. When Paul gets home from work, Vince shows Paul
the car and asks him for the title to the car. Paul tells Vince he had not made up his
mind about whether or not he would give Vince the car. Vince: - ✔✔has no claim to the
car because Paul did not make a promise
Daniel is a self-made millionaire, but he has been medically committed to a mental
health facility. A court also ordered Daniel's sister, Michelle, to preside over Daniel's
business affairs. Once inside the mental health facility, Daniel befriends his nurse,
COPYRIGHT © 2025 BY BRITTIE DONALD, ALL RIGHTS RESERVED 3
, Amanda. One day, Amanda tells Daniel about her invention to help identify stray dogs
and cats. Daniel was so impressed by Amanda's invention that he offers to buy it for
$500,000. Amanda accepts Daniel's offer. Did Daniel and Amanda form a contract? -
✔✔No because Daniel lack the capacity to contract
Mary induces James to enter into a contract. James subsequently discovers that Mary
intentionally misrepresented the terms of their contract. Upon this discovery, James
tells Mary that he will not perform his promise under the contract. If Mary sues James
for breach of contract, will Mary win? - ✔✔No, because Mary induced James into the
contract by fraudulent misrepresentations, which makes the contract voidable.
Susie told Kelly, "If you wash my car, I promise to pay you $20." Kelly does not reply.
This exchange is an example of: - ✔✔Unilateral contract
Sonny promises Maria not to foreclose for a period of six months on a mortgage that
Sonny owns on Maria's real property. Relying on this promise, Maria begins to build a
home on the land. If Sonny forecloses in two months, can Maria seek to enforce Sonny's
promise? - ✔✔Yes, Sonny made a non-contractual promise and Maria reasonably relied
on such promise and began building a home on the land.
Sergio buys an LED television from The Television Superstore in Sacramento,
California. What law governs this transaction? - ✔✔Uniform Commercial Code (UCC)
Joe sends for a MBA catalog from State University. According to the catalog, the MBA
applications are evaluated on the basis of undergraduate grades, GMAT (the
appropriate standardized test) scores, and references. Joe has a 3.1 GPA, scores very
well on the GMAT, and has excellent references. Based on the criteria listed in the
catalog, Joe applies and pays the $100 application fee. His application is rejected. Later
he finds out that others with low grades and test scores were accepted based on their
family connections with the University. If Joe followed all of the guidelines in the
COPYRIGHT © 2025 BY BRITTIE DONALD, ALL RIGHTS RESERVED 4
