Business law 10-16

Through fraudulent means duke induces Emma to sign a contact to invest with him the profits from her business when Emma learns the truth she may

Any of the choices

Molly is a third party beneficiary under a contract between Ned and Otis. Ned and Otis can modify or rescind their contract to take away Moly's rights under the contract without her consent

Before Molly's rights have vested

Saul claims that his agreement with Teri for saxophone lessons is voidable. If this contract is avoided

Both parties are released from it

Moe threatens physical harm to force niki to contract to pay him for protecting her restaurant pasta plates from vandalism most likely niki may

Rescind the contract or refuse to comply with its terms

To control specific offers for goods or services and thus the resulting contracts important terms to provide online include

a provision relating to the resolution of any dispute

Vicky asks Walt, a cobbler, to repair a pair of boots. There is no discussion of a price, and Vicky and Walt do not sign any documents. After the repair, Walt hands Vicky a bill. With respect to Vicky's obligation to pay the bill, this is

an implied contract

On Monday, Neil tells outdoor landscaping that he will pay outdoor 500 if a variety of tasks are completed by Friday on Wednesday when outdoor is more than half done with the work Neil says he has changed his mind these parties had

an unilateral contract as soon as outdoor began to perform

Safety insurance agency contracts under town motors to buy six cars the contract list the cars by their vin ideniftion numbers under the ucc identification

has taken place

Rita contracts to work for Social Media Corporation (SMC) during April for $4,500. On March 31, SMC cancels the contract. Rita declines a job of a different type and rank with Tech Talk, Inc., which would have paid $3,500. Rita files a suit against SMC. As compensatory damages, Rita can recover

1000

State university provides housing on campus and in some adjacent off campus neighborhoods to lease a university house or apartment a person must be a student at state this requirement is

A condition

Connor store posts on its websites an offer of a reward for information leading to the appreciation of a certain cru mail this offer could normally be terminated by

A post of the website

Lee a minor enters into a contract to buy a dirt bike from motor bikes and cycles Lee can ordinarily disaffirm the contract

All of the choices

The U.S. department of justice needs to have construction work done on a federal courthouse the agency asks contractor to submit bids this is

An invitation to submit offers, not an offer itself

Orchestra holds 1 ton of perishable foods in storage for produce corporation produce does not pay for the storage under the doctrine of mitigation for damages ochre is held to a duty to

Do whatever is reasonable to minimize the damage

Dairy farms enters into a contract with edible ice cream to supply milk later dairy decides that it is no longer advantageous to fulfill the contract and subsequently fails to perform as promised edibles files a suit againist dairy a breach occurred when Dariy

Failed to perform as promised

Grey buys a skateboard from hobby shop in a dispute arising from the sale the shop will be considered to have the status of a merchant under the UCC if

It holds itself out by occupation as a regular seller of skateboards in the transaction

Nate promises to pay for dental services provided by Otto to Polly. Nate receives no personal benefit for the promise. To be enforceable, the promise must be in writing if

Nate promises to pay only if Polly does not pay.

Lyle and Miranda agree that Lyle will fix the refrigeration unit in Miranda's Buns n' Burgers in exchange for her payment of a debt that Lyle owes to New Credit Corporation. Under this contract the intended benifacy is

New credit

Restore construction company enters into a contract to remodel sams home store agreeing to use only products from United building supplies halfway through the project restore refuses to finish the job the contract can be enforced againist restore by

Sams or United

Foundation construction company agrees to lay foundation for Garth, but fails to finish the job Garth hires housing projects to complete the work in a suit for breach Garth may cover from foundation

The costs needed to complete construction

In entering into a contract with marc for the sale of a cold storage warehouse nan fails to reveal the fact that the freezers do not constantly maintain a proper temperature most likely this is fraudulent misrepresentation if

The fact is a serious defect known to nan but not to Marc

Grass farms LLC office to sell 50 bales of hay at a certain price to horse stables. The owner of the stables responds. We agree if you agree to make it sexy bells for the price, their contract is formed according to.

The new terms of acceptance

If a court determines that a contract involving both goods and services is primarily a good contract, and he dispute over the deal with be decided under the ucc

True

Sam is mentally incompetent but has not been adjudged by a court to be incompetent. Sam enters into a contract with Tony for the cleaning and maintenance of the Uptown Offices building. Most likely, the contract is

Voidable if Sam did not comprehend the consequences

Rene contracts with Scot to pay him $5,000 for repairs to Rene's lake cabin. After Scot performs, Rene tells him that she cannot pay him in full immediately. They sign an agreement in which Rene promises to pay $2,500 now instead of $5,000 later. This is

an accord and satisfaction

To constitute consideration there must be

bargained for exchange

Simone offers Thom a dozen piano lessons for a certain price per lesson but conditions the deal on Thom accepting the offer by April 1. Simone may revoke the offer

before Thom accepts the offer

Jason and Kelly enter into a contract for Jason to renovate Kelly's house by a certain date. Jason never performs. After the applicable limitations period has passed, Kelly decides to bring a suit against Jason for breach. This suit

can no longer be brought

The UCC imposes merchants

certain special business standards.

Metro Holdings Inc. contracts to sell a commercial parking garage to New Property LLC. The contract provides that if Metro does not close the deal by a certain date, it must pay the buyer one-half of the value of the property. This provision is not enforceable if it is

designed to penalize Metro.

Martin, a minor, inherits the rights to several patents. To make use of this property, Martin petitions a court to be treated as an adult for business purposes. If the court grants the request, Martin loses the right to

disaffirm business contracts

Alice and Bart enter into a contract for the sale of Canyon Ranch. To be enforceable, this contract must be

in writing or evidenced by a written memorandum.

For a contract to be considered valid and enforceable the parties to a deal must

manifest their voluntary consent to the same bargain.

Fagin and Gretel agree to hijack a truck carrying a load of almonds. If Fagin later refuses to go through with the crime, Gretel can

none of the choices

City Nurses College loses its accreditation. As a consequence, City students can still obtain a state nurse's license, but their earning capacity is impaired. In a suit against the school for breach, the students are most likely to recover

nothing

Blanche, a minor, enters into a contract to buy two all-season passes from Chalet Mountain Resort. The contract will be made enforceable if Blanche

ratifies it.

Susan enters into a contract with Trey to act as his personal sports trainer. If a dispute later arises, the court will interpret the contract according to

the parties' intent at the time they entered into the contract.

Demi buys a lottery ticket. The ticket has the winning numbers for a prize. She submits the ticket to claim the prize. Demi accepted an offer for

unilateral contract