WorkfileContents.docx Question 1 1 out of 1 points A contract most likely will be declared unconscionable if: Question 21 out of 1 pointsA party injured by fraud generally has the choice of suing for damages or rescinding the contract. Question 31 out of 1 pointsA party to a contract has a duty to investigate the other party's factual statements. Question 41 out of 1 pointsAfter her 18th birthday Lora may, by words or action, ratify a contract she made during the previous year. Question 50 out of 1 pointsAlpha and Xenon companies are both major international conglomerates. They are negotiating a contract whereby Alpha will install a computer system for Xenon. One clause in the contract states that Alpha will not be liable for damages caused by the negligent installation of the computer system, except that Alpha warrants the system and will fix any problem for a period of two years following installation. Alpha completes the installation of the computer system. Xenon loads extensive amounts of information on the system, but all of it is destroyed because Alpha negligently installed the memory chips. Alpha fixes the memory, but Xenon incurred significant expenses in recreating the lost information. Xenon sues for these expenses. Alpha defends with the noted clause in the contract. Question 61 out of 1 pointsAmanda, a recent university graduate, needed a car to get to her new job.To help Amanda secure a loan for the car, Ted, a friend, agreed to pay the loan should Amanda default. Ted's promise to pay the loan is a collateral
WorkfileContents.docxpromise. His promise must be in writing to be enforceable. Question 7 0 out of 1 points An exculpatory clause is generally unenforceable when: Question 81 out of 1 pointsBarb has been a children's day care provider for several years in the small town of Sallton. She has decided to give it all up and move to the big city for excitement and adventure. She sells her business to Ken, agreeing not to open a competing business within five miles of Sallton for a period of nine months. After five months of the big city life, Barb is broke and movesback to Sallton. She opens a small day care business. Ken sues on the noncompete clause. What is the most likely result?
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- Spring '14
- Alpha, Xenon