BLCh9 - Ch9 28) Which of the following is an equitable...

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Ch9 28) Which of the following is an equitable doctrine designed to prevent unjust enrichment and unjust detriment where no contract exists? A) an express contract B) the doctrine of formal contracts C) implied-in-law contract D) quantum meruit 29) Which of the following is NOT characteristic of a valid contract? A) It can be viewed as private law between the parties. B) The parties must have the contract's terms approved by the appropriate court. C) A court will enforce its terms if the parties do not voluntarily perform. D) It will have at least two parties. 30) Every contract has both: A) a buyer and seller B) an offeror and offeree C) a breaching party and a nonbreaching party D) an initiator and a responder 31) To create an enforceable contract, which of the following is(are) needed? A) agreement B) agreement and consideration C) agreement, consideration, and contractual capacity D) agreement, consideration, contractual capacity, and a lawful objective 32) Which of the following is NOT needed in order to have a valid contract? A) contractual capacity B) an agreement C) a signed written document D) consideration E) a legal object 33) Which of the following are valid informal contracts? A) leases B) sales contracts C) service contracts D) All of these are correct. 34) How has the government role in contract regulation changed since the founding of the United States? A) There is greater state and federal government involvement today than in the past. A) B) There is less state and federal government involvement today than in the past. B) There is approximately the same degree of state and federal government involvement today as in the past. C) There is less state, but more federal involvement today than in the past. D) There is less federal, but more state involvement today than in the past. 170
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35) Common law as a source of law for contracts: A) comes primarily from federal law B) comes exclusively from state law C) comes exclusively from federal law D) comes primarily from state law E) comes equally from state and federal law 36) The Uniform Commercial Code was first drafted in: A) 1910 B) 1933 C) 1945 D) 1952 E) 1976 37) The Uniform Commercial Code has been adopted by: A) fewer than half of the states B) most, but not all, states C) at least in part by all states D) in its entirety by all states 38) The original source of the Uniform Commercial Code was: A) the U.S. Constitution B) Congress C) the state legislature of Delaware D) the United Nations E) the National Conference of Commissioners on Uniform State Laws 39) Which of the following best describes the Restatement of the Law of Contracts? A) It is the supreme legal authority for contract law. B) A law which has been adopted, at least in part, by every state.
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This note was uploaded on 12/13/2011 for the course LAW LAW taught by Professor Ricks during the Spring '09 term at Rutgers.

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BLCh9 - Ch9 28) Which of the following is an equitable...

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