Unit 2 Milestone 2 test .docx - 1 Which contract generally...

This preview shows page 1 - 4 out of 11 pages.

1 Which contract generally must be in writing under the Statute of Frauds? Jamal agrees to dog-sit for his neighbor for the weekend. Robert buys a used computer from a store for $400. Nora accepts a job working for a local nonprofit agency. Alejandro purchases part of his neighbor's fields to expand his growing capacity. CONCEPT Statute of Frauds 2 Which of the following scenarios would likely result in an order for specific performance or an injunction, rather than a monetary award? Cheryl has all of her employees sign non-compete agreements that extend for two years after their employment ends. Cheryl's former employee, Jen, starts working for a competitor three months after she stops working for Cheryl. Cheryl files a suit against Jen for breach of contract. Darien buys a new car from a dealership that is supposed to come with leather seating. When he takes possession of the car, it has regular fabric seating. Darien sues the car dealership for breach of contract. Uma buys a copy of a photograph she loves from a local home decor shop. When she has the photograph framed, the framing company damages it and refuses to pay for its restoration. Uma sues the framing company for breach of contract. Martina pays Omar $250 to deliver a cord of firewood to her home. Omar never delivers the wood, and Martina eventually sues him for breach of contract.
CONCEPT Equitable Remedies: Specific Performance and Injunction 3 Select the true statement about the Convention on Contracts for the International Sale of Goods (CISG). Its purpose is to unify contract law among countries to facilitate international trade. It governs international sales contracts for all countries in the world. Parties to the Convention must re-approve the treaty every five years. It governs the international sale of services in addition to goods. CONCEPT Sources of Contract Law 4 An example of foreseeable damages from a faulty repair of your car that led to an accident would be __________. your loss of one year's wages from a job, since you were fired that day for being late after the accident additional hotel and travel charges that you incurred, because you missed your flight that day as a result of the accident the cost to repair your vehicle, as well as all damage to other vehicles involved in the accident your loss of a winning lottery ticket that blew away in the wind during the accident CONCEPT Limitations on Contract Remedies 5
Heidi purchases an original work by one of her favorite sculptors from an art dealer for $8,000. When the sculpture is delivered, Heidi has it inspected by an art appraiser, who informs her that the sculpture is a fake. When Heidi calls the art dealer to tell him the news, he is honestly shocked and appalled.

  • Left Quote Icon

    Student Picture

  • Left Quote Icon

    Student Picture

  • Left Quote Icon

    Student Picture