Contracts: Scopes and Meanings Chapter Exam

Exam Instructions:

Choose your answers to the questions and click 'Next' to see the next set of questions. You can skip questions if you would like and come back to them later with the yellow "Go To First Skipped Question" button. When you have completed the practice exam, a green submit button will appear. Click it to see your results. Good luck!

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Question 1 1.

Contract conditions must occur:

1. Before the contractual duty

2. During the contractual duty

3. After the contractual duty

Question 2 2. A court will imply contract terms in order to:

Question 3 3. What are implied terms?

Question 4 4. When does the parol evidence rule apply?

Question 5 5. I read on the Internet that cola can remove grease stains from clothing. I buy a can of my favorite cola and try. It doesn't work. I know I don't have a written contract with the cola maker, but do I have a cause of action against the manufacturer?

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Question 6 6. There are several main elements necessary to form a legally binding contract. Which of the following is NOT one of these elements?

Question 7 7. In which of these does the parol evidence rule apply?

Question 8 8. When a court examines a contract, it will attempt to determine the parties' _____.

Question 9 9.

Which of the following are certain requirements of a legally valid offer:

1. It must indicate a clear intent to form a contract.

2. It must contain a definite proposal that is certain in its terms.

3. It must be communicated to the other party.

Question 10 10. A legally valid offer may be communicated by:

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Question 11 11. 'Definite and certain' means that:

Question 12 12. Sometimes a court will allow extra evidence that pertains to the contract. This is true when:

Question 13 13. Let's take a look at my oral agreement with my brother. I promise my brother that I'll wash the dog if he'll clean my room. This agreement has a(n):

Question 14 14.

I promise to fix the flat tire on your car if you'll let me borrow your car tomorrow evening. These are contract conditions that are dependent on one another. After we agree, you announce that you have a date tomorrow evening and will be using your car. You've renounced your intention to let me use your car. I can now assume, or anticipate, that you won't be performing your condition.

If the contract excusable, and if so, why?

Question 15 15. Which theory will a court use to interpret a party's intent?

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Question 16 16. Kate and Kevin enter a contract. Kate will provide advertising services for Kevin's kite shop and Kevin will pay Kate $500 once a week. Kate requires that Kevin pay her on Tuesdays. Kevin is sick one week and Kate agrees to let Kevin pay her later that week. Kate is still obligated to provide advertising services for Kevin. This is an example of:

Question 17 17. Let's say that I make an oral agreement with my brother. As long as he cleans my room every week, I'll wash the dog every week. This is a(n):

Question 18 18. Jack promises to fix Joe's window because Jack accidentally hit a baseball through it. How can this agreement be characterized?

Question 19 19. In General, how is contract language interpreted?

Question 20 20. Let's look at my oral agreement with my brother. Let's say that we agree that he'll clean my room every week, and I'll wash the dog every week, until our mom reassigns our chores. This is a(n):

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Question 21 21. It's usually not possible to cover every detail of an agreement. In these cases, the court will assume that some terms are:

Question 22 22.

Let's say that you and I agree that I'm going to build three custom birdhouses for you, and deliver them to you on March 1. You're going to pay me $50 per birdhouse. We sign and execute a written contract.

I deliver the birdhouses, but you don't pay me. I take you to court, and ask for my $150, plus I want an additional $50 penalty fee since you didn't pay me on time. The court will likely grant me the $150 you owe me, but our agreement didn't mention a penalty fee. Any evidence of a penalty fee is:

Question 23 23. Molly agrees that she'll order all of the ink she needs for her printing shop from Max, as long as Max agrees not to sell blue ink to anyone else in town. Molly agrees to pay Max $1000 per month for the next year. After 11 months, Max sells blue ink to another store in town. Molly is still obligated to pay Max for the previous months. This is an example of:

Question 24 24. Alice promises to give her house to her son and his wife. If they get a divorce, Alice will take her house back. How can this agreement be characterized?

Question 25 25. This is a fairly common type of civil lawsuit, brought when one party fails to complete a duty that is required by the contract:

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Question 26 26. Identify the statement that describes a breach of contract.

Question 27 27. When a court determines whether the terms are definite, it will look at the key elements of the offer. Which of the following is NOT usually a key element?

Question 28 28. In order to form a legally binding contract, you must first have:

Question 29 29. Shawn and Sue enter a contract. Shawn agrees to landscape Sue's front yard after Sue completes painting Shawn's house. Shawn's house is then destroyed in a fire. Sue is no longer obligated to paint Shawn's house, but Shawn may still be obligated to landscape Sue's yard. This is an example of:

Question 30 30. What is parol evidence?

Contracts: Scopes and Meanings Chapter Exam Instructions

Choose your answers to the questions and click 'Next' to see the next set of questions. You can skip questions if you would like and come back to them later with the yellow "Go To First Skipped Question" button. When you have completed the practice exam, a green submit button will appear. Click it to see your results. Good luck!

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