executory contract is one which has not been absolutely carried out by one or all of
contracts of mentally unwell individuals not judged insane by the courts are:
b. capable of be
disaffirmed throughout a interval of normalcy.
c. binding on the
particular person’s guardian.
d. all the
three Of the
following, the one that doesn’t terminate a suggestion is:
a. a counteroffer.
c. the intense
sickness of the offeror.
intoxicated particular person could keep away from a contract on changing into sober:
a. provided that the opposite
social gathering had cause to know that the particular person was drunk and didn’t perceive the
penalties of the transaction.
b. below any
c. provided that she or he
was barely intoxicated.
d. provided that the
contract is one for necessaries.
legal guidelines defend debtors from paying excessively excessive rates of interest.
provided to promote Wilson an air conditioner for $300. When Wilson mentioned he wanted
time to consider the provide, Brown mentioned that he would preserve the provide open for
5 days. Which of the next statements is appropriate?
a. Brown could not
withdraw the provide till the top of the fifth day.
b. Brown could
withdraw the provide at any time earlier than acceptance is made.
c. Brown’s settlement
to maintain the provide open created an choice to buy the air conditioner.
d. Brown could not
withdraw his provide with out Wilson’s consent.
are responsible for the cheap worth of necessaries:
a. really furnished.
b. that they agreed
c. that their
dad and mom comply with pay for.
d. as decided by
the service provider who offered the necessaries to the minor.
eight. A suggestion
could also be revoked even when it has been accepted.
generally apply the doctrine of promissory estoppel to implement a promise. This
a. is grossly
consideration to be relevant.
c. generally permits
enforcement of a promise even when an offeree offers no consideration for an
d. is a well-liked
10. A verify is
an instance of a:
a. contract implied
b. contract implied
in actual fact.
c. quasi contract.
d. formal contract.
discovered and returned Martin’s misplaced pockets. Martin promised to provide Jennings a
reward the following day after he cashed a verify. Martin just isn’t legally certain to pay
a reward as he promised, as a result of the consideration for the promise was:
d. not authorized.
dad and mom promised her $three,000 if she wouldn’t marry earlier than age twenty-one.
Knebel agreed. This settlement is:
made by minors are void.
14. A superb
instance of a contemporary statute regulation is:
a. frequent regulation.
b. the Uniform
Industrial Code (UCC)
c. the Uniform Quasi
Contract Code (UQCC)
d. judge-made regulation.
settlement is against the law and void if it violates:
a. state usury
b. state licensing
c. state prison
d. all the
16. A minor
could ratify an settlement whereas nonetheless a minor.
17. A contract
implied in regulation is called a(n):
a. quasi contract.
b. specific contract.
a. has no authorized
b. is a sound
c. doesn’t reverse
the connection of the events.
d. is a rejection of
the unique provide.
19. A contract
is a mere promise between two or extra individuals who’ve the capability to
is a promise to do one thing you aren’t legally required to do.