MindTap Chp. 16,18,19,42,43

Chapter 43 A finder of lost property:

may claim title to the property against all others except the true owner.

Chapter 19 Why is a court unlikely to grant a remedy for specific performance when a contract for personal services is breached?

Because it is tantamount to court ordered involuntary servitude.

Chapter 19 For which of the following contracts would a court be likely to grant a remedy of specific performance? Select all that apply.

A contract for the sale of land A contract for the sale of a Picasso painting

Chapter 42 Real property consists of which of the following? Select 3 answers.

Buildings, fixtures, and land

Chapter 42 You live with your parents in a house they own. You are planning an outside barbecue and have invited numerous people. Three days before the event, the local power company begins work to replace underground pipelines in your front yard. The workers have dug up part of the ground. You are unhappy not only because the yard looks ugly, but also because the portion of the yard you intended to use for the party is now unusable. What interest does the power company have in your parents' property that allows the company to work on the pipes?

Easement

Chapter 16 What is an exception to the statute of frauds?

Promissory Estoppel

Chapter 18 What must a party show to win a substantial performance lawsuit? Choose 2 answer choices.

The breach was not intentional. He or she acted in good faith.

Chapter 16 You are surfing the internet and find a new computer game that looks pretty cool. The website asks you to read through the conditions associated with the use of the game and then click to agree to the terms. You click on the "I agree" button without reading any of the terms and then download and start using the game. The game turns out to be a lot of fun, so you make copies of it and share it with your friend. What do you think might happen if the game company accuses you of violating the terms of the agreement, because one of those terms says you cannot make copies of the game?

The company could probably sue you for violating the agreement.

Chapter 16 What is the result if parties agree to a contract orally, but it is a contract that must be in writing under the statute of frauds? Choose 2 answer choices.

The contract is voidable. The parties can complete the contract.

Chapter 43 Which of the following is true of mislaid property? Select 2 answers.

The finder has a constructive bailment. It is property that was inadvertently forgotten by the true owner.

Chapter 42 Which of the following does NOT qualify an object as a fixture?

The object was in or on the property at the time of sale.

Chapter 18 In what situation could a party enforce strict performance?

When the parties specifically agree to it in the contract When the requirement is reasonable

Chapter 19 You own a lawn care service. A new customer calls and asks that you mow and weed eat her lawn. You tell her the price will be $150 and she agrees. You show up while she is at work and get the lawn mowed and the weed eating done by the time she gets home. Unfortunately, when she gets home, you discover that you have serviced the lawn of your customer's next-door neighbor instead of hers! Do you think you have any chance of getting any money from the neighbor for the services you have provided?

Yes, the neighbor will have to pay you a reasonable price (not necessarily the contract price) for the work.

Chapter 18 You agree to paint your neighbor's house for a certain price. You get ninety percent of the painting done and then have to leave town for your real job. Your neighbor is pretty mad because you didn't finish the job, and says she is not going to pay you a penny! What do you think will happen when you try to collect payment from your neighbor for painting her house?

You will probably receive the price you agreed on, less the amount it will take for her to have the painting finished.

Chapter 43 Your friend just bought a new sports car, and it has to be picked up in Detroit. Your friend asks you to fly to Detroit and drive the car home for him. Because you are such good friends, you agree. On the way home from Detroit, even though you were driving carefully, you have an accident. Your friend has not even had time to get the car insured yet. Who do you think will be responsible for paying to repair the car?

Your friend