Leg 100 Quiz 3

Submitted by: Submitted by

Views: 10

Words: 1001

Pages: 5

Category: Business and Industry

Date Submitted: 11/08/2015 08:53 PM

Report This Essay

Course | Business Law I |

Test | Quiz 3 |

Status | Completed |

Attempt Score | 80 out of 80 points   |

Instructions | This quiz consist of 20 multiple choice questions. The first 10 questions cover the material in Chapter 7. The second 10 questions cover the material in Chapter 10. Be sure you are in the correct Chapter when you take the quiz. |

* Question 1

4 out of 4 points

| |

| To which of the following does the statute of frauds apply?Answer | | | |

| Selected Answer: |   A promise to pay the debt of another person. |

Correct Answer: |   A promise to pay the debt of another person. |

| | | |

* Question 2

4 out of 4 points

| |

| Alice typically mows her own lawn whereas her neighbor pays to have her yard mown by ABC Law Service.  Alice notices one day that an apparently new employee of ABC is mowing Alice’s yard by mistake.  She says nothing.  When the employee asks for payment, Alice refuses on the basis that the yard mowing was a mistake and that she has no contract with ABC.  Which of the following is true regarding whether ABC could recover against Alice?Answer | | | |

| Selected Answer: |   ABC could likely recover on a theory of quantum meruit. |

Correct Answer: |   ABC could likely recover on a theory of quantum meruit. |

| | | |

* Question 3

4 out of 4 points

| |

| A(n) ________ is any agreement to accept performance that is different from what is called for in the contract.Answer | | | |

| Selected Answer: |   accord and satisfaction |

Correct Answer: |   accord and satisfaction |

| | | |

* Question 4

4 out of 4 points

| |

| Conditions ________ occur when the mutual duties of performance are to take place simultaneously.Answer | | | |

| Selected Answer: |   concurrent |

Correct Answer: |   concurrent |

| | | |

* Question 5

4 out of 4 points

| |

| Which of the following does not generally make a contract voidable?Answer | | | |...