IBf6Exam2aANDb - LAWS 3910-001 & -003 Exam #2: Chapters...

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LAWS 3910-001 & -003 Exam #2: Chapters 1 – 19 & 52 Page 1 of 6 Introduction to Business Law and Ethics Fall 2006 O'Hara © 2006a ___________________________________ print name INSTRUCTIONS: 1. This Exam #2 must be completed within the allocated time ( i.e., 60 minutes ). It is a closed book exam. 2. Recall the material difference between e.g. ( for example ) and i.e. ( that is ). 3. As each student finishes this exam, that student will return both the student's exam and the answer sheet and then leave the exam room until after the end of the exam ( e.g., all students finish in less than 60 minutes ). 4. Grades will be posted to BlackBoard no later than 5:00 PM Friday, October 27. An email notice of the posting will be sent. 5. This Exam #2 is worth 20% of the course grade. The True-False form of this exam has 35 questions graded as if there are 33. Harmless errors are far more likely than non-harmless errors in this test design. Based on a statistical analysis of all students' answers, the instructor unilaterally may alter the grading of specific exam questions for all similarly situated students. Any student may appeal the grading of these exam questions. However, only if a student successfully appeals the ambiguity of AT LEAST THREE questions on this exam will that student's exam grade change by the number of successful appeals in excess of two questions. Appeals only affect the exam grades of those students that appeal. 6. All appeals of the True-False version of this exam’s questions must be: [6A] typed; [6B] signed by the student in three ways, typed name, handwritten signature, and typed university identification number; [6C] in sequence, list, immediately following the signature, each of the questions, by number, being appealed; [6D] after the [6C] list, argue each question, one at a time; [6E] at the beginning of each question’s [6D] appeal, identify two or more reasonable meanings that the question could have had; [6F] argue why one or more of the [6E] identified reasonable meanings is as appropriate or is more appropriate than the meaning used for the answer key answer ; and [6G] personally handed to the instructor no later than the start of class on Wednesday, November 1.
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LAWS 3910-001 & -003 Exam #2: Chapters 1 – 19 & 52 Page 2 of 6 Introduction to Business Law and Ethics Fall 2006 O'Hara © 2006a QUESTIONS: 1. T F The six elements of a contract are: agreement ( i.e., offer and acceptance ), capacity, consideration, reality of assent, form ( i.e., all contracts must be in writing ), and legal subject matter. 2. T F A quasi -contract is an implied ( i.e., acts, words, and/or circumstances ) contract. 3. T F There are four terms of all contracts that are material terms: parties, time, consideration, and subject matter. 4. T
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IBf6Exam2aANDb - LAWS 3910-001 & -003 Exam #2: Chapters...

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