Question 274 / 4 pointsWhich of the following is an example of an exculpatory clause?
Question 284 / 4 pointsSam, the seller, enters into a contract agreement to buy Betty Lou's house on the conditionthat he is able to secure financing at or below 9% per year. This is a:
Question 294 / 4 pointsPatty is a poor college student struggling to work and keep up with her studies. Fred, heruncle, promises to pay Patty support of $200 per month for the next six months. AlthoughFred didn't ask her to, she quits her current job in order to devote full time to her studies forthe next six months. Fred makes one payment and then stops with no explanation. If Pattysues, what is the likely result?Fred would win, as he did not ask Patty to quit her job.Patty would win, as a contract was formed when Fred promised to payher the support.Fred would win, as family members cannot sue each other for breachof an oral promise.Patty may win under the doctrine of promissory estoppel.
Question 304 / 4 pointsJohann, a wellknown musician, agrees to give ten guitar lessons to Elton for $2,000.Nothing in the contract itself prohibits a delegation. If Johann delegates his obligation toEugene, a secondyear musical student and enthusiastic guitar player, then the delegationwill probably be:
Question 314 / 4 pointsWhich of the following exculpatory clauses will most likely be enforceable?