An example of an implied in fact contract is sitting down at a restaurant and having a meal served to you before you pay for it.
The Uniform Commercial Code was enacted for all of the below…
The Uniform Commercial Code was enacted for all of the below reasons except:
Compensatory damages for a breach of a sales contract involv…
Compensatory damages for a breach of a sales contract involving goods are governed by the common law.
For a contract to be enforceable, which of the following ele…
For a contract to be enforceable, which of the following elements does not need to be present:
Letters of intent are normally considered to be offers.
Letters of intent are normally considered to be offers.
Aunt Ellie promises her 21 year-old nephew, Robbie, that she…
Aunt Ellie promises her 21 year-old nephew, Robbie, that she will pay him $100 if he quits smoking for a month. If Robbie, relying on said promise, does quit smoking for a month, is there a binding contract?
Arthur contracts to build a garage for Bob for a price of $6…
Arthur contracts to build a garage for Bob for a price of $6,000. Because of a slight increase in the cost of labor and materials, Arthur refuses to perform. Bob wants a garage, so he agrees to pay an additional $500. Under the common law:
Marge promises to sell Alice 14 watches for $50.00 per watch…
Marge promises to sell Alice 14 watches for $50.00 per watch and promises to deliver no less than one watch per month and no more than two watches per month. The contract must be in writing under the Statute of Frauds.
Specific performance of a contract is available in which of…
Specific performance of a contract is available in which of the following types of contracts?
A reward must be paid to an individual who performs the requ…
A reward must be paid to an individual who performs the requested act even if the individual was unaware of the reward at the time they performed the requested act because the offeror got what they wanted.