Test 2 - Question 1 2.5 out of 2.5 points An executory...

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Question 1 2.5 out of 2.5 points An executory contract is one that has been fully performed. Answer Selected Answer: Question 2 2.5 out of 2.5 points A contract is an agreement that can be enforced in court. Answer Selected Answer: Question 3 2.5 out of 2.5 points The doctrine of quasi contract applies only if there is an actual contract. Answer Selected Answer: Question 4 2.5 out of 2.5 points Britney promises to deliver a certain couch to Dan, who promises to pay for the service. Britney does not perform. She may be required to Answer Selected Answer: Question 5 2.5 out of 2.5 points Beth claims that her contract with Carl is voidable. If the contract is avoided Answer
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Selected Answer: Question 6 2.5 out of 2.5 points Employment Sources, Inc., enters into a contract with Fred. If Fred is a minor, this contract is most likely Answer Selected Answer: Question 7 2.5 out of 2.5 points Parties with contractual capacity may form an enforceable contract. Answer Selected Answer: Question 8 2.5 out of 2.5 points A contract cannot be void if its purpose it legal. Answer Selected Answer: Question 9 2.5 out of 2.5 points An invitation to negotiate "can you afford this?" is an offer. Answer Selected Answer: Question 10 2.5 out of 2.5 points
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No offer can be accepted by silence. Answer Selected Answer: Question 11 2.5 out of 2.5 points Fact Pattern 8-2 Brad defends against a breach-of-contract suit by College Credit Corporation by claiming that their deal a student loan accruing interest at a certain rate and payable beginning on a certain date was unfair because the consideration for their contract was inadequate. Refer to Fact Pattern 8-2. "Adequacy" of consideration refers to Answer Selected Answer: Question 12 2.5 out of 2.5 points Baked Stuff Company agrees to supply Comida Café with all the corn chips that it requires for a year. A sudden blight caused by an organism hitherto unknown in the United States results in a shortage of
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This note was uploaded on 07/21/2011 for the course BUS 1302 taught by Professor Falcon during the Spring '11 term at University of Texas at Dallas, Richardson.

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Test 2 - Question 1 2.5 out of 2.5 points An executory...

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