BLAW EXAM 2 WITH CORRECT AND
VERIFIED ANSWERS
Chapter r9 r- rCORRECT✅✅
A(n) r_____ ris ra rpromise ror rset rof rpromises rfor rthe rbreach rof rwhich rthe rlaw rgives ra
rremedy ror rthe rperformance rof rwhich rthe rlaw rin rsome rway rrecognizes ra rduty. r-
rCORRECT✅✅Contract
The r_____ ris rthe rparty rwho rmakes ran roffer rto renter rinto ra rcontract, rand rthe r_____
ris rthe rparty rto rwhom rthe roffer ris rmade. r- rCORRECT✅✅offeror; rofferee
Which rof rthe rfollowing ris rNOT ra rrequired relement rof ra rcontract? r-
rCORRECT✅✅counteroffer
There rare rseveral rsources rof rcontract rlaw rin rthe rUnited rStates. rWhat rare rthe rthree
rmajor rsources rof rcontract rlaw? r- rCORRECT✅✅common rlaw rof rcontracts, rUniform
rCommercial rCode, rRestatement rof rContracts
*In r1932, rthe r_______, ra rgroup rcomprised rof rlaw rprofessors, rjudges, rand rlawyers,
rcompleted rthe r_______ rof rthe rLaw rof rContracts. rThe r_______ ris ra rcompilation rof
rcontract rlaw rprinciples ras ragreed ron rby rthe rdrafters. r- rCORRECT✅✅American
rLaw rInstitute; rRestatement; rRestatement
Given rthe robjective rtheory rof rcontracts, ra rstatement rsuch ras r"Are ryou rinterested rin
rselling ryour rbuilding rfor r$2 rmillion?", rwould rbe rconsidered ra(n) r________. r-
rCORRECT✅✅invitation rto rmake ran roffer
*_______ rtheory rof rcontracts ris ra rtheory rstating rthat rthe rintent rto rcontract ris rjudged
rby rthe rreasonable rperson rstandard rand rnot rby rthe r_______ rintent rof rthe rparties. r-
rCORRECT✅✅Objective; rsubjective
Contracts rthat rhave ran rillegal robject rare r_____. r- rCORRECT✅✅void
*Suppose rMary, rthe rowner rof rthe rChic rDress rShop, rsays rto rPeter, ra rpainter, r"If ryou
rpromise rto rpaint rmy rstore rby rJuly r1, rI rwill rpay ryou r$3,000." rPeter rsays, r"I rpromise
rto rdo rso." rA r_____ rwas rcreated rat rthe rmoment rPeter rpromised rto rpaint rthe rdress
rshop. r- rCORRECT✅✅bilateral rcontract
Mary, rthe rowner rof rthe rChic rDress rShop, rsays rto rPeter, ra rpainter, r"If ryou rpaint rmy
rshop rby rJuly r1, rI rwill rpay ryou r$3,000. rThis roffer rcan ronly rbe raccepted rby
rperformance." rThis roffer rcreates ra r_____. r- rCORRECT✅✅unilateral rcontract
, A(n) r_____ rcontract rhas rno rlegal reffect. r- rCORRECT✅✅void
*A rcompleted rcontract ris rcalled ra(n) r_____ rcontract. r- rCORRECT✅✅executed
*On rJanuary r1, rCarmen ragrees rto rsell rher rhouse rto rHugo rand rthey rsign ra rcontract
rwith ra rclosing rdate ron rFebruary r28. rOn rFebruary r1, rthe rcontract rwould rbe
rconsidered r_____. r- rCORRECT✅✅executory
On rJanuary r1, rCarmen ragrees rto rsell rher rhouse rto rHugo rand rthey rsign ra rcontract
rwith ra rclosing rdate ron rFebruary r28. rOn rMarch r1, rafter rboth rparties rhave rfully
rperformed, rthe rcontract rwould rbe rconsidered r_____. r- rCORRECT✅✅executed
*Big rCompany renters rinto ran ragreement rto rpurchase r5,000 rcomputers rfrom rLittle
rComputer rLLC. rWhich rlaw rwould rapply rto rthis rtransaction? r- rCORRECT✅✅Article
r2 rof rthe rUCC
Big rCompany renters rinto ran ragreement rto rlease r5,000 rcomputers rfrom rLittle
rComputer rLLC. rWhich rlaw rwould rapply rto rthis rtransaction? r- rCORRECT✅✅Article
r2A rof rthe rUCC
Big rCompany renters rinto ran ragreement rto rpurchase r5,000 rcomputers rfrom rLittle
rComputer rLLC. rThe ragreement rprovides rthat rthe rcomputers rwill rbe rdelivered rwithin
rfive rdays rafter rreceipt rof rpayment. rBig rCompany rmakes rthe rpayment ron rJuly r1, rand
rthe rcomputers rare rdelivered ron rJuly r3. rOn rJuly r15, rthe rcontract rwould rbe
rconsidered r_____. r- rCORRECT✅✅executed
A rwritten ragreement rto rbuy ran rautomobile rfrom ra rdealership ris ra(n)_____ rcontract. r-
rCORRECT✅✅express
*A rquasi-contract ris ralso rknown ras ra(n) r_____ rcontract. r- rCORRECT✅✅implied-in-
law
Andrey ris rinjured rin ra rmotorcycle raccident rand ris rrushed rto rthe rhospital, rwhere rhe ris
runconscious. rIn rorder rto rsave rhis rbadly rinjured rleg, rthe rhospital roperates ron rthe rleg
rwhile rAndrey ris rstill runconscious. rAndrey rwould rbe rresponsible rfor rpaying rthe
rhospital rbill runder rthe rdoctrine rof r_____ rcontract. r- rCORRECT✅✅quasi
*_______ ris ra rdoctrine rthat rpermits rjudges rto rmake rdecisions rbased ron rfairness,
requality, rmoral rrights, rand r_______. r- rCORRECT✅✅Equity; rnatural rlaw
*The requity rcourts rdeveloped ra rset rof rmaxims rbased ron ra rset rof rprinciples rthat
rwere rapplied rwhen rsettling rdisputes. rWhich rof rthe rfollowing ris rNOT rone rof rthose
rprinciples? r- rCORRECT✅✅proprietorship
During rthe rlast rfew rdecades, ra rnew reconomic rshift rbrought rthe rUnited rStates rand
rthe rrest rof rthe rworld rinto rthe rinformation rage. r______ rand r______ rand rthe ruse rof
VERIFIED ANSWERS
Chapter r9 r- rCORRECT✅✅
A(n) r_____ ris ra rpromise ror rset rof rpromises rfor rthe rbreach rof rwhich rthe rlaw rgives ra
rremedy ror rthe rperformance rof rwhich rthe rlaw rin rsome rway rrecognizes ra rduty. r-
rCORRECT✅✅Contract
The r_____ ris rthe rparty rwho rmakes ran roffer rto renter rinto ra rcontract, rand rthe r_____
ris rthe rparty rto rwhom rthe roffer ris rmade. r- rCORRECT✅✅offeror; rofferee
Which rof rthe rfollowing ris rNOT ra rrequired relement rof ra rcontract? r-
rCORRECT✅✅counteroffer
There rare rseveral rsources rof rcontract rlaw rin rthe rUnited rStates. rWhat rare rthe rthree
rmajor rsources rof rcontract rlaw? r- rCORRECT✅✅common rlaw rof rcontracts, rUniform
rCommercial rCode, rRestatement rof rContracts
*In r1932, rthe r_______, ra rgroup rcomprised rof rlaw rprofessors, rjudges, rand rlawyers,
rcompleted rthe r_______ rof rthe rLaw rof rContracts. rThe r_______ ris ra rcompilation rof
rcontract rlaw rprinciples ras ragreed ron rby rthe rdrafters. r- rCORRECT✅✅American
rLaw rInstitute; rRestatement; rRestatement
Given rthe robjective rtheory rof rcontracts, ra rstatement rsuch ras r"Are ryou rinterested rin
rselling ryour rbuilding rfor r$2 rmillion?", rwould rbe rconsidered ra(n) r________. r-
rCORRECT✅✅invitation rto rmake ran roffer
*_______ rtheory rof rcontracts ris ra rtheory rstating rthat rthe rintent rto rcontract ris rjudged
rby rthe rreasonable rperson rstandard rand rnot rby rthe r_______ rintent rof rthe rparties. r-
rCORRECT✅✅Objective; rsubjective
Contracts rthat rhave ran rillegal robject rare r_____. r- rCORRECT✅✅void
*Suppose rMary, rthe rowner rof rthe rChic rDress rShop, rsays rto rPeter, ra rpainter, r"If ryou
rpromise rto rpaint rmy rstore rby rJuly r1, rI rwill rpay ryou r$3,000." rPeter rsays, r"I rpromise
rto rdo rso." rA r_____ rwas rcreated rat rthe rmoment rPeter rpromised rto rpaint rthe rdress
rshop. r- rCORRECT✅✅bilateral rcontract
Mary, rthe rowner rof rthe rChic rDress rShop, rsays rto rPeter, ra rpainter, r"If ryou rpaint rmy
rshop rby rJuly r1, rI rwill rpay ryou r$3,000. rThis roffer rcan ronly rbe raccepted rby
rperformance." rThis roffer rcreates ra r_____. r- rCORRECT✅✅unilateral rcontract
, A(n) r_____ rcontract rhas rno rlegal reffect. r- rCORRECT✅✅void
*A rcompleted rcontract ris rcalled ra(n) r_____ rcontract. r- rCORRECT✅✅executed
*On rJanuary r1, rCarmen ragrees rto rsell rher rhouse rto rHugo rand rthey rsign ra rcontract
rwith ra rclosing rdate ron rFebruary r28. rOn rFebruary r1, rthe rcontract rwould rbe
rconsidered r_____. r- rCORRECT✅✅executory
On rJanuary r1, rCarmen ragrees rto rsell rher rhouse rto rHugo rand rthey rsign ra rcontract
rwith ra rclosing rdate ron rFebruary r28. rOn rMarch r1, rafter rboth rparties rhave rfully
rperformed, rthe rcontract rwould rbe rconsidered r_____. r- rCORRECT✅✅executed
*Big rCompany renters rinto ran ragreement rto rpurchase r5,000 rcomputers rfrom rLittle
rComputer rLLC. rWhich rlaw rwould rapply rto rthis rtransaction? r- rCORRECT✅✅Article
r2 rof rthe rUCC
Big rCompany renters rinto ran ragreement rto rlease r5,000 rcomputers rfrom rLittle
rComputer rLLC. rWhich rlaw rwould rapply rto rthis rtransaction? r- rCORRECT✅✅Article
r2A rof rthe rUCC
Big rCompany renters rinto ran ragreement rto rpurchase r5,000 rcomputers rfrom rLittle
rComputer rLLC. rThe ragreement rprovides rthat rthe rcomputers rwill rbe rdelivered rwithin
rfive rdays rafter rreceipt rof rpayment. rBig rCompany rmakes rthe rpayment ron rJuly r1, rand
rthe rcomputers rare rdelivered ron rJuly r3. rOn rJuly r15, rthe rcontract rwould rbe
rconsidered r_____. r- rCORRECT✅✅executed
A rwritten ragreement rto rbuy ran rautomobile rfrom ra rdealership ris ra(n)_____ rcontract. r-
rCORRECT✅✅express
*A rquasi-contract ris ralso rknown ras ra(n) r_____ rcontract. r- rCORRECT✅✅implied-in-
law
Andrey ris rinjured rin ra rmotorcycle raccident rand ris rrushed rto rthe rhospital, rwhere rhe ris
runconscious. rIn rorder rto rsave rhis rbadly rinjured rleg, rthe rhospital roperates ron rthe rleg
rwhile rAndrey ris rstill runconscious. rAndrey rwould rbe rresponsible rfor rpaying rthe
rhospital rbill runder rthe rdoctrine rof r_____ rcontract. r- rCORRECT✅✅quasi
*_______ ris ra rdoctrine rthat rpermits rjudges rto rmake rdecisions rbased ron rfairness,
requality, rmoral rrights, rand r_______. r- rCORRECT✅✅Equity; rnatural rlaw
*The requity rcourts rdeveloped ra rset rof rmaxims rbased ron ra rset rof rprinciples rthat
rwere rapplied rwhen rsettling rdisputes. rWhich rof rthe rfollowing ris rNOT rone rof rthose
rprinciples? r- rCORRECT✅✅proprietorship
During rthe rlast rfew rdecades, ra rnew reconomic rshift rbrought rthe rUnited rStates rand
rthe rrest rof rthe rworld rinto rthe rinformation rage. r______ rand r______ rand rthe ruse rof
