answers 2025
A .third .party .beneficiary's .status .occurs .- .CORRECT .ANSWER-When .the
.contract .is .created.
The .status .of .a .third .party .is .determined .by .- .CORRECT .ANSWER-The .intent .of
.the .contracting .parties.
Once .a .duty .is .delegated, .it .relieves .the .delegator .of .his .or .her .own .liability .to
.perform .the .contract. .- .CORRECT .ANSWER-False
Assignment .is .prohibited .when .the .obligor .is .agreeing .to .perform .personal
.services. .- .CORRECT .ANSWER-True
Ambiguities .in .contracts .are .always .interpreted .in .favor .of .the .side .that .wrote
.the .contract, .since .they .are .the .ones .who .know .what .the .provision .is
.supposed .to .mean. .- .CORRECT .ANSWER-False
In .the .case .of .a .typo, .a .court .will .reform .a .contract .if .there .is .clear .and
.convincing .evidence .that .the .alleged .mistake .does .not .actually .reflect .the .true
.intent .of .the .parties. .- .CORRECT .ANSWER-True
Statements .of .fact .about .the .past .and .present .are .called .- .CORRECT .ANSWER-
Representations .and .warranties.
"Scrivener's .error" .is .another .(fancier) .name .for .a .typo. .- .CORRECT .ANSWER-
True
If .a .seller .includes .an .express .warranty .in .the .written .sales .contract, .any
.disclaimer .is .invalid. .- .CORRECT .ANSWER-True
Under .the .UCC, .a .merchant .is .frequently .held .to .a .higher .standard .of .conduct
.than .a .non-merchant. .- .CORRECT .ANSWER-True
A .buyer's .material .breach .gives .the .seller .the .right .to .refuse .to .deliver .the
.goods. .- .CORRECT .ANSWER-True
The .UCC .is .federal .legislation .enacted .by .Congress. .- .CORRECT .ANSWER-
False