DL3 - 2 of 50 An offeree can form a contract by making a...

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2 of 50 An offeree can form a contract by making a promise if the offer to form the contract is: trilateral. bilateral. unilateral. either A or B. neither A, B, nor C. 3 of 50 Donald is looking at a new Porsche Boxter, and the salesman tells him that driving the Porsche should improve his love life. Based on this and the fact that Donald thinks the Porsche is really nifty and swell, he buys the car. Donald sues the dealer because his love life has not improved. Which is true? Donald cannot win on the basis of fraud because not all the elements of fraud are met. Donald can win on the basis of unilateral mistake because he was the only one who really thought his love life would improve. Donald can win on the basis of a mutual mistake of fact because both parties were wrong about thinking his love life would improve. This contract is void as against public policy because someone named Donald should not be driving a Porsche. 4 of 50 Pete leases an apartment. The written lease agreement states that the lease is not assignable without consent of the landlord. Pete assigns his lease to his sister Paula, without the landlord's consent. In most states: Pete is no longer liable on the lease because he assigned it to Paula. non-assignability clauses are unenforceable as being contrary to public policy. the assignment is invalid until the landlord consents, but the landlord must be reasonable in any decision to not consent. Paula now "stands in the shoes" of her brother and has succeeded to Pete's rights to occupy the apartment. 5 of 50 Model acts promulgated by the National Conference of Commissioners on Uniform State Laws include the: electronic Commerce Amendments to the Uniform Commercial Code. uniform Electronic Transactions Act. uniform Computer Information Transactions Act. B and C only. A, B, and C.
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6 of 50 Which of the following is not characteristic of a valid contract? It can be viewed as private law between the parties. The parties must have the contract's terms approved by the appropriate court. It will have at least two parties. A court will enforce its terms if the parties do not voluntarily perform. 7 of 50 Jess says to a friend, "I'll sell you my 2-year-old Toyota Camry for $4,000." The friend says, "I'll take it," and they sign a short agreement to that effect. The friend didn't know this, but Jess intended the offer as a joke. There will be a contract if: the written agreement spells out all provisions of the contract. Jess failed to disaffirm the contract within a reasonable time after the offer was accepted. a reasonable person would have concluded that Jess was serious when making the offer. the approximate fair value of the car is $4,000. 8 of 50 The primary significance of requiring only the signature of the party "against whom enforcement is sought" under the Statute of Frauds is that: parties can be penalized for failing to sign a written contract. the court will check to see that the signatures of both parties are present.
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This note was uploaded on 08/01/2011 for the course BLAW 072 taught by Professor Pp during the Spring '11 term at UCL.

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DL3 - 2 of 50 An offeree can form a contract by making a...

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