Contract Questions

Which of the following would be an invalid

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Unformatted text preview: s formed. c. An irrevocable oral promise by a merchant to keep its offer open for 60 days. d. A material modification signed by the parties to a contract to purchase and sell a parcel of land. 544. Which of the following will not be sufficient to satisfy the consideration requirement for a contract? a. The offeree expends both time and money in studying and analyzing the offer. b. The offeree makes a promise which is a legal detriment to him. c. The offeree performs the act requested by the offeror. d. The offeree makes a promise which benefits the offeror. 545. a. b. c. d. Which of the following will often not constitute valid consideration? Forbearance to do an act Performance of services A promise to perform A charitable subscription 546. a. b. c. d. Which of the following will support a contract? An illusory promise Past consideration Forbearance to do an act A pre-existing public obligation 547. Which of the following would be an invalid ratification? a. Seventeen year old Tim Teenager ratifies a contract whic...
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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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