Question<\/p>\n
Question 1 <\/p>\n
4 out of 4 points<\/p>\n
Wilson buys a lottery ticket at his local gas station. Wilson has accepted an offer for a <\/p>\n
Answers:<\/p>\n
A. bilateral contract.<\/p>\n
B. unilateral contract.<\/p>\n
C. void contract.<\/p>\n
D. unenforceable contract.<\/p>\n
Question 2 <\/p>\n
4 out of 4 points<\/p>\n
Flo tells Ginger during a phone call that she will buy her textbook from last semester for $65. Ginger agrees. These parties have <\/p>\n
Answers:<\/p>\n
A. no contract.<\/p>\n
B. an express contract.<\/p>\n
C. an implied contract.<\/p>\n
D. a quasi contract.<\/p>\n
Question 3 <\/p>\n
4 out of 4 points<\/p>\n
In negotiations with Coastal Distribution Company, Briggs Trucking, Inc., insists that their contract be drafted according to certain plain language laws. These laws concern the phrasing of <\/p>\n
Answers:<\/p>\n
A. contracts.<\/p>\n
B. ads.<\/p>\n
C. product instruction manuals.<\/p>\n
D. documents of delivery.<\/p>\n
Question 4 <\/p>\n
4 out of 4 points<\/p>\n
Vernon claims that his contract with Ulani is voidable. If their contract is avoided <\/p>\n
Answers:<\/p>\n
A. both parties are released from it.<\/p>\n
B. both parties must fully perform their obligations under it.<\/p>\n
C. both parties agree to a wholly different contract.<\/p>\n
D. a wholly different contract is imposed “as if” the parties had agreed.<\/p>\n
Question 5 <\/p>\n
0 out of 4 points<\/p>\n
Peter offers to pay Quik Delivery (QD) $50 if it picks up and delivers to him a package of business documents from Rico within thirty minutes. QD can accept the offer only by meeting the deadline. If QD performs as directed, these parties will have <\/p>\n
Answers:<\/p>\n
A. a bilateral contract.<\/p>\n
B. a trilateral contract.<\/p>\n
C. a unilateral contract.<\/p>\n
D. no contract.<\/p>\n
Question 6 <\/p>\n
4 out of 4 points<\/p>\n
Jack promises to buy Lizette’s used textbook for $60. Jack is <\/p>\n
Answers:<\/p>\n
A. an executor.<\/p>\n
B. an offeree.<\/p>\n
C. a promisee.<\/p>\n
D. a promisor.<\/p>\n
Question 7 <\/p>\n
4 out of 4 points<\/p>\n
Demi promises to buy a house from Caleb, who promises to vacate the property on June 1. If these promises are in writing, they are most likely <\/p>\n
Answers:<\/p>\n
A. enforceable.<\/p>\n
B. unenforceable.<\/p>\n
C. void.<\/p>\n
D. voidable.<\/p>\n
Question 8 <\/p>\n
4 out of 4 points<\/p>\n
Phil agrees to work for Vacation Resorts, Inc., as a chef. In determining whether a contract has been formed, an element of prime importance is <\/p>\n
Answers:<\/p>\n
A. the parties’ intent.<\/p>\n
B. Phil’s rate of pay.<\/p>\n
C. Phil’s education.<\/p>\n
D. the terms of Phil’s employment.<\/p>\n
Question 9 <\/p>\n
0 out of 4 points<\/p>\n
GR8 Marketing Company and Brainfreeze Tunes, Inc., sign a document that states GR8 agrees to create a marketing campaign for Brainfreeze, which agrees to pay GR8 for the service. GR8 and Brainfreeze have <\/p>\n
Answers:<\/p>\n
A. an executed contract.<\/p>\n
B. an express contract.<\/p>\n
C. an implied contract.<\/p>\n
D. a quasi contract.<\/p>\n
Question 10 <\/p>\n
4 out of 4 points<\/p>\n
Jim tells Dana that he will take her out to lunch on Thursday. Jim has made Dana a <\/p>\n
Answers:<\/p>\n
A. prediction.<\/p>\n
B. promise.<\/p>\n
C. bilateral contract.<\/p>\n
D. void contract.<\/p>\n","protected":false},"excerpt":{"rendered":"
Question Question 1 4 out of 4 points Wilson buys a lottery ticket at his local gas station. Wilson has accepted an offer for a Answers: A. bilateral contract. B. unilateral contract. C. void contract. D. unenforceable contract. Question 2 4 out of 4 Read More …<\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-117509","post","type-post","status-publish","format-standard","hentry"],"_links":{"self":[{"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/posts\/117509","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/comments?post=117509"}],"version-history":[{"count":0,"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/posts\/117509\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/media?parent=117509"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/categories?post=117509"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/tags?post=117509"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}