Contract Questions

131 a b c d an output and requirement contract is

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Unformatted text preview: ut and requirement contract is usually enforceable. usually not enforceable. voidable. void. 132. a. b. c. d. An output or requirement contract is usually enforceable. usually not enforceable. voidable. void. 133. Anna by mistake delivers to Bob a plain, unaddressed envelope containing $50 intended for Cora. a. Bob can keep the money. b. Bob is under a contractual obligation to return the money. c. Bob’s obligation to return the money is quasi contractual. d. Bob’s obligation to return the money is implied in fact. 134. Andrew agrees to paint Betty’s house for $500. Two days after he starts the job, he decides that As a general rule, a written promise to pay a debt barred by the statute of limitations: a. may not be enforced by the creditor, because his or her consideration is past consideration. b. may not be enforced by the creditor, because he or she has not suffered legal detriment. c. is enforceable. d. both a and b above. 135. $500 isn’t enough money. He refuses to finish the job, unless Betty agrees to pay him $100 more. What law applies...
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This test prep was uploaded on 03/29/2014 for the course BUL 3130 taught by Professor Schupp during the Fall '12 term at UNF.

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