Ch 14quiz - Questi on 1 5 out of 5 points Even if an obvious significant clerical error exists in a written contract the contract is enforceable

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Questi on 1 5 out of 5 points Even if an obvious, significant clerical error exists in a written contract, the contract is enforceable. Selected Answer:
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Question 2 0 out of 5 points Fact Pattern 14-3B Pete, the owner of Quality Orchards, contracts to sell fruit to Ripe Produce, Inc. When Pete refuses to perform, Ripe Produce files a suit to enforce the contract. Refer to Fact Pattern 14-3B. If Pete and Ripe Produce are in a state that does not recognize the doctrine of unconscionability, to defend successfully against enforcement of the contract on similar grounds, Pete might rely on traditional notions of Selected Answer: Question 3 5 out of 5 points An innocent party can rescind a fraudulent contract. Selected Answer: Question 4 0 out of 5 points Hillside Homes, Inc., and Ideal Builders, Inc., enter into a construction contract that includes six pages of detailed calculations. Later Hillside, whose project manager compiled the figures, discovers that some numbers were multiplied incorrectly, but Ideal refuses to make changes. A court would most likely
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Question 4 0 out of 5 points Selected Answer: Question 5 5 out of 5 points A general contractor who knows that a subcontractor's bid is a mistake cannot enforce the bid. Selected Answer: Question 6 0 out of 5 points Harold believes his old baseball bat has little value, but Murray is convinced it is a valuable collector's item. Harold sells it to Murray for $100 before learning it is worth $1,000. The contract Selected Answer:
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7 0 out of 5 points A general contractor who suspects that a subcontractor's bid is a mistake can still enforce the bid. Selected Answer: Question 8 0 out of 5 points Misrepresentation of a material fact cannot occur through conduct alone. Selected Answer: Question 9 0 out of 5 points If the subject matter of a contract turns out to be more valuable than one of the parties believed it would be, that party can rescind the contract. Selected Answer:
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This note was uploaded on 01/25/2011 for the course BLAW 3361 taught by Professor Bl during the Spring '10 term at Texas Brownsville.

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Ch 14quiz - Questi on 1 5 out of 5 points Even if an obvious significant clerical error exists in a written contract the contract is enforceable

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