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![[Solved] Question 1 Which of the following is an example of a contract?... (1)](data:image/gif;base64,R0lGODlhAQABAAAAACH5BAEKAAEALAAAAAABAAEAAAICTAEAOw== "[Solved] Question 1 Which of the following is an example of a contract?... (1)")
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Question 1
Which of the following is an example of a contract?
Question 1 options:
| a. I offer to rent you a room in my house and you accept the offer | |
| I bring a cup of coffee to the cash desk in your store and hand you some money, which you accept. | |
| a and b | |
| I make a promise to a religious order to enter it and become a member of it, and I later become a member of that order |
Question 2
Which of the following persons maynotbe capable of entering into a valid contract?
Question 2 options:
| an adult who is physically incapacitated | |
| an unmarried 22-year-old woman | |
| a person suffering from advanced Alzheimer's disease | |
all of the above persons are capable of entering into a valid contract |
Question 3
Sarah promised her mother that she would commit herself to the Jewish faith once she turned 21 years old. Is this an enforceable contract?
Question 3 options:
| No, because Sarah cannot promise anything unless it is in writing | |
| No, because this is considered to be a moral vow and moral vows are not legally enforceable. | |
| Yes, because there was a meeting of the minds between Sarah and her mother | |
| Yes, because 21 is the legal age to contract and Sarah would be bound at that time |
Question 4
Rita offered her car to Rucan for $500. Rucan was excited about the offer and replied that he would gladly accept the car for $475 and walked off, not waiting for a response. The following day, Rucan decided he did not want to buy the car. When he told Rita this, she replied that he is bound by the contract and must pay the outstanding balance. In this situation:
Question 4 options:
| a contract has been formed because Rucan accepted Rita's offer | |
| there was no contract formed for $500 because Rucan made a counteroffer | |
| there was no contract formed because Rita did not have Rucan's acceptance in writing | |
| there was no contract formed because Rita did not have Rucan's acceptance in writing |
Question 5
Which of the following can an injunctionnotaccomplish?
Question 5 options:
It can order a party to cease doing something that may injure the interests of another party under a contract. | |
It can order a party to perform personal services that he or she is refusing to perform. | |
It can order a party not to do something (for example, sell unique goods promised to one party to another). | |
| It can order a party to take specific actions under a contract (for example, deliver a shipment it is refusing to deliver because the cost of fuel has increased). |
Question 6
Desiree enters into a contract with Emily, a recently retired painter, to paint her house. Emily has agreed to provide the supplies. Two weeks before the day Desiree is supposed to start work, Emily realizes that she has sold all her painting equipment to one of her former competitors. Clearly, without her painting equipment, Desiree will be unable to perform her obligations under the contract. This is an example of:
Question 6 options:
a breach of contract | |
an implied repudiation that is certain | |
an implied repudiation | |
| none of the above |
Question 7
The remedies available in the event of breach of contract include
Question 7 options:
damages | |
specific performance | |
injunctions | |
| all of the above |
Question 8
Henry invites Sarah to dinner. Sarah accepts his invitation. In preparation, Henry goes to a gourmet food store and spends several hundred dollars on food, and spends hours in the kitchen. Sarah fails to show up.
Question 8 options:
| Sarah is contractually liable for half of the money Henry spent on groceries | |
b. Sarah is contractually liable to compensate Henry for his time spent preparing the dinner. | |
| Sarah is not contractually liable because the contract was oral | |
a and b |
Question 9
The Hangnail Society, a registered charity, sent Felicity a letter asking for a donation. She completed the form, indicating that she would donate $200, but never sent the money
Question 9 options:
This is a gratuitous promise and is probably unenforceable. | |
| Because she completed the form the promise is enforceable | |
If she made the contract under seal, it would be enforceable. | |
a and c |
Question 10
Which of the following is an example of an enforceable contract?
Question 10 options:
Two competitors agree on the price they will charge to the public for goods they both sell. | |
Avram agrees not to report a theft by Bertil, if Bertil repays what he has stolen. | |
A plumber who is unlicensed sues for the price of goods supplied where he is supplying goods and plumbing services. | |
| Morris agrees to lend Miguel money at 120 percent interest per annum. |
Question 11
Morris, a minor who is a paraplegic and who cannot swim, buys a sailboard (a surf board with a sail on it). He has just attained the age of majority.
Question 11 options:
He can repudiate because this is a non-necessary. | |
He is no longer a minor, and is therefore bound. | |
| The contract is voidab initiobecause it could not be of benefit to him | |
He can repudiate, provided he does so around the time of attaining the age of majority. |
Question 12
Idris asks Bihar, a peach wholesaler, whether the peaches she is selling are suitable for making jam. Bihar says, "I think so." Idris goes ahead and buys a bushel of peaches
Question 12 options:
| Bihar's statement is a material representation | |
Bihar's statement is a condition. | |
Bihar's statement is a warranty. | |
Bihar's statement is a statement of opinion. |
Question 13
Harrison and Benedek have been negotiating over the sale of a powerboat. There have been lengthy negotiations by email, and a price is agreed to of US$14,000. The printed contract records the price, in error, in Canadian dollars.
Question 13 options:
No remedy is available—the deal is in Canadian dollars because that is what the contract says. | |
Evidence of the intended price can be introduced using the emails to rectify the error in the contract. | |
| As the parties have not reached agreement on price, there is no contract | |
None of the above. |
Question 14
Judy signed an agreement to purchase the latest model of a Jupiter sports car. She chose green for the exterior colour. The car that was delivered was a different model from what she ordered, although it was green. This is an example of:
Question 14 options:
| a unilateral mistake | |
| a breach of warranty | |
a breach of condition | |
none of the above |
Question 15
What is a contract?
Question 16
What is the difference between a contract and an agreement?
Question 17
What main features must a contract have to be binding?
Question 18
Explain what is meant by the term "valuable consideration."
Question 19
Why do we limit the contractual rights of minors and persons who have certain types of mental disabilities?
Question 20
Under what conditions will a court enforce a gratuitous promise?
Question 21
What is the difference between a contract that has an unlawful purpose and
contract that is illegal?
Question 22
In what circ*mstances can duress be used to rescind a contract?
Question 23
Explain the doctrine of privity of contract. What is the rationale for its existence?
Question 24
What is a restrictive covenant?
Question 25
In what circ*mstances can duress be used to rescind a contract?
Question 26
What sorts of events give rise to a frustrated contract? What sorts of events will
not give rise to a frustrated contract?
BusinessManagementBusiness Law
Answer & Explanation
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BrigadierRoseRam235
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![[Solved] Question 1 Which of the following is an example of a contract?... (3)](https://i0.wp.com/assets.coursehero.com/ssi/6175a57d9e664b4db71c.png "[Solved] Question 1 Which of the following is an example of a contract?... (3)")
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Step-by-step explanation
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- sectetur adipiscing elit. Nam lacinia pulvinar tortor nec facilisis. Pellentesque dapibus efficitur laoreet. Nam risus ante, dapibus a molestie consequat, ultrices ac magna. Fusce dui lectus, congue vel laoreet ac, dictum vitae odio. Donec aliquet. Lorem ipsum dolor sit amet, consectetur adi
- sectetur adipiscing elit. Nam lacinia pulvinar tortor nec facilisis. Pellentesque dapibus efficitur laoreet. Nam risus ante, dapibus a molestie consequat, ultrices ac magna. Fusce dui lectus, congue vel laoreet ac, dictum vitae odio. Donec aliquet. Lorem ipsum dolor sit amet, consectetur adipiscing elit. Nam lacinia pulvinar tortor nec facilisis. Pellentesque dapibus efficitur laoreet. Nam risus ante, dapibus a molestie consequat, ultrices ac magna. Fusce dui lectu
- sectetur adipiscing elit. Nam lacinia pulvinar tortor nec facilisis. Pellentesque dapibus efficitur laoreet. Nam risus ante, dapibus a molestie consequat, ultrices ac magna. Fusce dui lectus, congue vel laoreet ac, dictum vitae odio. Donec aliquet. Lorem ipsum dolor sit amet, consectetur adipiscing elit. Nam lacinia pulvinar tortor nec facilisis. Pellentesque dapibus efficitur laoreet. Nam risus ante, dapibus a molestie consequat, ultrices ac magna. Fusce dui lectus, congue vel laoreet ac, dictum vitae odi
- sectetur adipiscing elit. Nam lacinia pulvinar tortor nec facilisis. Pellentesque dapibus efficitur laoreet. Nam risus ante, dapibus a molestie consequat, ultrices ac magna. Fusce dui lectus, congue vel laoreet ac, dictum vitae odio. Donec aliquet. Lorem ipsum dolor sit amet, consectetur adipiscing elit. Nam lacinia pulvinar tortor nec facilisis. Pellentesque dapibus efficitur laoreet. Nam risus ante, dapibus a molestie consequat, ultrices ac magna. Fusce dui lectus, congue vel laoreet ac, dictum vitae odio. Donec aliquet. Lorem ipsum
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- sectetur adipiscing elit. Nam lacinia pulvinar tortor nec facilisis. Pellentesque dapibus efficitur laoreet. Nam risus ante, dapibus a molestie consequat, ultrices ac magna. Fusce dui lectus, congue vel laoreet ac, dictum vitae odio. Donec aliquet. Lorem ipsum dolor sit amet, consectetur adipiscing elit. Nam lacinia pulvinar tortor nec facilisis. Pellentesque dapibus efficitur laoreet. Nam risus ante, dapibus a molestie consequat, ultrices ac magna. Fusce dui lectus, congue vel laoreet ac, dictum vitae odio. Donec aliquet. Lorem ipsum dolor sit amet, consectetur adipiscing elit. Nam lacinia pulvinar tortor nec facilisis. Pellentesque dapibus efficitur laoreet. Nam risus ante, dapibus a molestie consequat, ultrices ac magna. Fusce
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