GBL 385 Final Exam

अब Quizwiz के साथ अपने होमवर्क और परीक्षाओं को एस करें!

The case of ____________ v. Chase involved the HBO series _______________.

Baer; The Sopranos

Bam-Bam, a 16-year-old, contracted with Hardly Davidson Cycles to buy an $8,000 motorcycle. He agreed to make monthly payments until the purchase price plus interest were paid in full. It is three years later and Bam-Bam has not disaffirmed the contract and has made regular payments on the cycle since turning 18. Which of the following is correct?

Bam-Bam has ratified the contract and is now bound by its terms.

Fred and Barney are studying business law at the local University. Fred would be correct if he noted that when a contractual agreement is formed between two parties but one party cannot perform because a previously unforeseeable circumstance has emerged, whose duties are relieved?

Both parties since the contractual agreement would be discharged.

Which of the following would probably not be required of employers to reasonably accommodate for religious beliefs?

Closing the business on Sundays.

Fred and Barney are studying business law at the local University. Fred would be correct if he told Barney the Statute of Frauds requires all of the following types of contracts to be in writing EXCEPT for which type?

Contracts for the provision of medical services

Fred and Barney are studying business law at the local University. Fred would be correct if he told Barney which of the following statements is true about a court's willingness to rescind a contract due to a mistake?

Courts are more willing to rescind a contract when a bilateral mistake has occurred.

Which court should they sue in? Who should they sue?

Federal Court sue the parent company- Pitston

Fred and Barney are studying business law at the local University. Fred would be correct if he told Barney that which of the following is an example of a contract that would be governed by Article 2 of the Uniform Code?

Fred buys a used car from Rock's Autos for $7,000.

According to contract law, which of the following represents a unilateral contract?

I offer to pay you $20 to cut my lawn by noon on Saturday and you show up and cut my lawn by noon on Saturday

Rhonda posted several signs in the neighborhood offering $50 for the return of her lost cat. Dave calls to get a description of the cat and tells Rhonda, I'll look for your cat." "

If after seeing the sign and photo of Rhonda's cat, the cat wanders into Dave's yard, and he promptly carries the cat over to Rhonda's house, there is a contract and Rhonda owes Dave the $50.

Select each of the correct statements below:

In a sole proprietorship, the sole proprietor has complete control. In a sole proprietorship, the sole proprietor has unlimited personal liability. A sole proprietorship is easily transferable. A sole proprietorship is limited in time to the life of the proprietor.

Howard says to Raj: I might buy your car from you for $200 or $300. This statement is not a legal offer because?

It does not show objective intent to enter into the contract.

The town of Quahog plans to build a highway that will run right through Peter Griffin's house. Concerned about losing his house, and knowing that they are studying business law, Peter asks Stewie and Brian for advice. They explain that the Takings Clause of the Fifth Amendment can be summarized by which of the following statements?

It provides that government must pay just compensation to the owner whenever it takes private property.

James threatens to hit Kenneth on the head with a baseball bat unless Kenneth signs a contract agreeing to pay James $900 for a motor. If, because of the threat, Kenneth signs the contract:

James has committed physical duress against Kenneth.

Fred and Barney are studying business law at the local University. Fred would be correct if he asserted that of the following statements, which BEST summarizes the difference between legal and equitable remedies under contract law?

Legal remedies involve the payment of money whereas equitable remedies involve a nondollar remedy.

Which of the following is NOT correct about a general partnership? (Select ALL the correct responses.)

Partners are required by law to have a written operating agreement Named partners are protected from personal liability

Sheldon's boss, Dr. Gablehouser instructs Sheldon to contact the Pasadena Hotel and Conference Center and tell them that he is making arrangements on behalf of Dr. Gablehouser for a luncheon for the Cal Tech Theoretical Physicists on June 1, 2015. Specifically, Gablehouser explicitly tells Sheldon to rent a small meeting room from noon to 3 p.m. and to arrange for a buffet lunch to be served at 1 p.m.

Sheldon has express authority to contract for the meeting room Sheldon has express authority to contract for the buffet lunch Both A and B

Which of the following would represent an "Agent"?

Sheldon, a waiter at the Cheesecorn Factory Restaurant Leonard, a realtor for a real estate brokerage Babieca Jones, a telemarketer for "AsSeenOnTV" A, B, and C

SkyBuilders, Inc., uses dynamite in its operations. Fireworx, Inc., stores explosives in its warehouses. Most likely liable under the doctrine of strict liability for any injury caused by an abnormally dangerous activity will be

Skybuilders and FireWorx

How much money did the people get?

Tacitly accepted the argument that the flood had caused mental suffering Pittston agreed to an overall payment of $13.5 million -divided among those who lost people or property -$2 million went towards a trust fund for the people that were then under 18

In class, we discussed Danny's case where he was growing marijuana in his Condo and law enforcement used a thermal scanner to determine that his condo was very hot compared to other Condos in the complex. Law enforcement used this information to get a judge to issue a warrant to search Danny's Condo where the police then found Danny was growing marijuana plants in violation of state law. In class, we discussed the final outcome of the case which was

That the evidence was obtained in violation of the 4th amendment. That evidence obtained in violation of the 4th amendment is excluded from being admitted as evidence at trial. Both B and C

Which of the following is true of an LLC? (Select all that apply.)

The LLC is a separate legal entity The LLC can sue and be sued The LLC can enter into contracts

Peter, Stewie's father, promises to give Stewie a car for his twenty-first birthday. Which of the following is correct:

The car is a gift and not an agreement subject to enforcement by a court

Fred has agreed to the terms of a contract that obligates him to paint Betty's house within thirty days. Before he can begin painting, Betty's house is carried away by a major tornado. Which of the following statements is true about Fred's contract obligations?

The contract is discharged by impossibility of performance.

In a criminal case, which statement is true?

The criminal defendant is entitled to a lawyer even if she cannot afford to pay for it herself.

Which is the best definition of a bilateral contract:

The exchange of one promise to perform for another promise to perform

Fred and Barney form a general partnership. Unfortunately, shortly after having their first profitable year, they are killed when the plane they are flying in crashes. What happens to Fred and Barney's partnership when they die in the plane crash?

The partnership dies

Fred and Barney are studying business law at the local University. Fred would be correct if he said that during the course of a contract a plaintiff that allegedly did not perform was in fact found by the courts to have substantially performed, what is the amount of recovery that the plaintiff is owed?

The plaintiff should recover the contract price less the damages caused to the defendant by the incomplete performance.

Which of the following is/are correct?

The statute of frauds does not prevent the performance of oral contracts if the parties are willing to perform

Select ALL of the correct statements:

The tax implications of a limited partnership are the same as the tax implications for a general partnership Limited Liability Companies may be taxed the same as an S-Corp

Which of the following would not be considered an abnormally dangerous activity, subjecting the person who carries it out to strict liability?

Transmitting gas through a gas pipe.

Walt hired Sheldon, Leonard and Howard to act on his behalf and purchase all the real property they could find for sale within a 1 mile radius of the existing Disney Land. Walt instructed Sheldon, Leonard and Howard not to disclose that they were working for Walt.

Walt is an undisclosed principal

Wilma was a limited partner in a retail business that was sued by a customer who fell in the store. The customer claimed the business was negligent in caring for its floors. Which statement best de-scribes Wilma's potential liability?

Wilma can only be liable to the amount of her investment.

Which of the following persons is an agent?

Wilma, a shoe salesperson for a department store. Tim, a stock broker for a large brokerage company. Fred, an employee at a telemarketing firm. All of the above

Penny broke up with her boyfriend because she caught him cheating on her. Amy knew about the breakup and offered Penny $50 for the six carat diamond necklace Penny's boyfriend had bought her. Penny immediately agreed to sell it to Amy, but after Penny went home and looked at it again, she decided that even if her boyfriend was a jerk, the necklace was worth a lot more than $50, so told Amy she could not sell her the necklace that cheaply. Did the parties have an enforceable contract?

Yes, because all the elements of a valid contract are present

Does the Family and Medical Leave Act apply to professionals like CPAs?

Yes, if they work for a company with at least 50 workers.

Daniel, his parents, and three brothers own all the stock of their family farm corporation. This corporation, which is taxed as a corporation, is probably:

a closely held corporation.

Robby starts drinking and then starts fighting with a patron at Steve's Bar and Grill. Robby is arrested and charged with disorderly conduct, a misdemeanor. A misdemeanor is a crime punishable by

a fine and imprisonment up to one year.

The business form that is taxed as a partnership and gives all owners limited liability, is:

a limited liability company.

A contract clause which specifies the amount of damages to be paid in the event of a breach is called:

a liquidated damages clause.

Marquez agrees to buy Dale's pickup truck so he can pull his trailer. Both Marquez and Dale believe that the truck is big enough to do the job. After they complete the deal, Marquez finds that the truck is not strong enough to handle the trailer. The contract between Marquez and Dale can be rescinded because of:

a mutual mistake.

Bull is arrested at a warehouse in Corporate Park and charged with the crime of theft. Bull will be prosecuted by

a public official

Howard, an engineer with a masters degree from MIT, backs out of his parking space in the College Parking Garage and collides with Barry's car as Barry is driving behind Howard's car. Barry has a PhD in physics. Barry takes his car to the collision shop for repairs and has to pay $3,500 for the repairs. Barry can sue Howard for the cost of those repairs if Howard failed to act as

a reasonable person

In class we watched a short video

about the GM sitdown strike read/narrated by Marisa Tomei

Elise, an emergency medical technician, renders aid to a participant in Forest Trail Marathon, an athletic event. Regarding a suit by the participant against Elise for negligence, Elise is immune from liability under

an applicable Good Samaritan statute

Specific performance may be available for the breach of a contract to sell:

an original painting

​The concept of equal protection of the law:

applies to both state and federal governments.

The doctrine of respondeat superior

applies to employees

Manuel is walking past Tomas's house when he hears a smoke alarm going off. He also hears a child calling for help and sees smoke coming from a window. Manuel rushes into Tomas's house, finds the child and brings it outside. If Tomas sues Manuel for trespass to land, Manuel's defense will probably be

assisting someone in danger

Civil lawsuit

average person cant hire a lawyer - certain lawyers will take the case but only get paid if they win *if they win they take a % of the money the court gives

Eliza was an antique expert. She went to a tea party at Grandma Jones' house and saw a magnificent Queen Anne table out on the back porch. She asked Grandma about it and was told it was in the way so they were going to store it in the barn. Eliza offered to buy it from her for $200. The next week, Grandma saw it in Eliza's store on sale for $3,000. Grandma:

cannot rescind the contract because Eliza did not have a duty to tell her the value of the table.

The officers of a corporation are:

chosen by the board of directors.

Possible remedies for a breach of contract include:

compensatory damages.

The form of business ownership that is the most easily transferable is the:

corporation

Wrongful discharge claims are generally based upon all EXCEPT:

criminal law

Cause of action

damages Pitston (parent company) and Buffalo Mining Company *had the duty not to harm anyone *they fell below that duty- knew there was risk *didn't evacuate town *company negligence caused them hard *also mental trauma (PTSD) however at the time psychic impairment was NOT a legitimate claim Company said they were not responsible - it was nature *Corp rail should not be pierced *lack of precedent for survivors mental suffering

Dean owns a ranch in Montana. Pete wants to go 4 wheeling and drives his Jeep off the road and onto Dean's land. Pete commits trespass if he

does not have Dean's permission to drive on the property.

Which of the following may be a nondiscriminatory and legitimate reason for selection of an em-ployee?

educational level

Penny, an employee of Big State Credit Union, deposits into her personal account checks entrusted to Big State Credit Union through its ATM system by customers to deposit into their accounts. This is

embezzlement

Stewie and Brian are taking a class in Business Law at the local college. They are discussing various aspects of criminal law. Brian would be correct if he stated that the fraudulent conversion of another's property by someone who was in lawful possession of that property would constitute:

embezzlement

If no fixed time is stated for an offer to remain open, the offer

ends after a reasonable time.

What constitutional principle requires that similarly situated people be treated similarly by government?

equal protection

Bart agreed to sell Lisa his motorcycle for $1500. Lisa paid Bart $1500, and Bart promised delivery the next day. This is an example of a(n)

executory contract.

____ contract is one in which the parties have manifested their agreement by oral or written language, or both.

express

A business corporation can be incorporated under either state law or federal law.

false

A misdemeanor is a crime punishable only by a fine.

false

Assume the state of Minnesota has been negotiating with the Canadian government on issues involving acid rain and eventually reaches an agreement with Canadian officials. This is a valid treaty under the United States Constitution.

false

Ever since the ratification of the 14th Amendment has consistently been found to provide equal protection under the law to all Americans regardless of race, color, religion, or national origin.

false

Fred and Barney are studying business law at the local University. Fred would be correct if he said that Article 2 of the Uniform Commercial Code applies to contracts for the sale of houses.

false

Fred recently purchased a car for $13,000 but the vehicle had a lot of mechanical problems. In disgust at not being able to start it up in the Bedrock Mall parking lot, Fred shouts, Anybody want to buy this hunk-a-junk for $20? A contract will be formed if someone in the parking lot gives Fred a twenty-dollar bill.

false

In a criminal case, the state must prove its case by a preponderance of the evidence.

false

The United States Constitution establishes the principle of judicial review, which divides the government into three distinct and independent branches: judicial, executive, and legislative.

false

The first Amendment to the Constitution starts with the phrase "Congress shall make no law" and then goes on to describe freedom of speech, religion, press, etc. Therefore, under the Constitution, speech—oral, written, or expressed by conduct—cannot be restricted in any way.​

false

To commit an intentional tort, a person must have an evil or harmful motive.

false

Under Agency law, an employer can be held liable

for the negligent torts of his employee(s) that cause physical harm to property for the misrepresentation of his employee(s) Both A and B

Charlie signs Molly's name, without her authorization, to the back of her paycheck, which was issued by Lansing Market. This is

forgery

Brad knows that the brakes on his truck do not work, but he tells Chris, a potential buyer, that there are no problems. On this assurance, Chris buys the truck. On learning the truth, she may sue Brad for

fraudulent misrepresentation

All the business forms listed below have limited liability except the:

general partnership.

With respect to the Commerce Clause, the constitution

grants the federal government the authority to regulate interstate commerce

Skip is accused of a crime. Skip can refuse to provide information about his allegedly criminal activities

if he suspects the information will be used to prosecute him.

________ is a warranty that automatically arises out of a transaction.

implied warranty

Howard had a written contract with Sheldon to purchase some cattle. Unknown to either party, the cattle had died. The contract was discharged by

impossibility

An agency:

is a consensual relationship that the principal and agent may form by contract or agreement.

Penny is a waitress at the Cheesecorn Factory restaurant. As such, she

is an agent of the restaurant has express authority to perform the duties necessary to being a waitress has implied authority to perform the duties necessary to being a waitress All of the above

In January 2008, Professor Noe entered into a contract with State University. She agreed to teach full time during the 2008-2009 academic year. Professor Noe died on May 31, 2008. Her estate:

is discharged from any further obligations under the contract.

Henry was burning leaves in his backyard. One of the burning leaves was lifted by the wind into Bob's yard next door. It landed on the lawnmower which exploded, setting fire to the wooden lawn furniture. Henry's best argument against liability to Bob would be:

it was not foreseeable that the lawnmower would explode.

What is the power of Courts to evaluate laws and declare them unconstitutional?

judicial review

A general partnership that, by making the statutorily required filing, limits the liability of its partners for some or all of the partnership's obligations is known as a:

limited liability partnership.

A partner who has no right to participate in control of the business and who has limited liability is a:

limited partner

A ____ is an unincorporated business association consisting of at least one general partner and at least one limited partner.

limited partnership

Mandy, Cassie, and Adam want to create a business partnership. Mandy and Cassie agree to share equally in the management tasks, profits, and risks of the venture. But Adam only wants to invest and share in the profits. He doesn't want to have a hand in running the business. What type of partnership should they form?

limited partnership

Oral contracts

may be harder to prove than written contracts.

A partnership is the association of two or more persons to carry on as co-owners a business for profit. The association:

means a voluntary relationship between the persons.

ADA reasonable accommodations may include:

modification of equipment. ramps for accessibility. flexible work schedules. All of the above

Henry driving while intoxicated, causes a car accident that results in the death of Tony. Henry is arrested and charged with a felony. A felony is a crime punishable by death or imprisonment for

more than one year

A Nevada state law requires amusement parks maintain equipment for the protection of patrons. The Hoover Dam Amusement and Water Park fails to maintain its equipment. As a result, there is an equipment breakdown which causes a patron to suffer harm. The Amusement park could best be sued for:

negligence

An Illinois state statute requires amusement parks to maintain equipment in certain condition for the protection of patrons. Jasper's Fun Park fails to maintain its equipment. Kaitlin, a patron, is thereby injured. Jasper's committed

negligence

If a statute is found to be applicable to a fact situation, then the courts will hold that an unexcused violation of that statute which causes an injury to another is:

negligence per se

A group of accounting alumni decided to hold a fundraiser to establish a scholarship for an accounting student. This enterprise is:

none of the above

SuburbanBuick, a dealership, wants to entice their former customers to come into the dealership in hopes of convincing them to buy a new car. The Sales manager decides to send a letter to everyone who bought a 2008 Buick from the dealership. The letter states, inter alia, that the dealership may be willing to pay the customer the blue book value or their car, more or less, if the car is in at least good condition.

none of the above

Your friend made the following statement: "I might sell my car next month if I can get a good price." This statement is

not an offer

Quint sells cars for Rough Ride Motors. To make a sale, he asserts that a certain model of a Swifty auto is the "best one ever made." This is

not fraud

Richard, an engineer, supervises the construction of a new mountainside roadway. When the road collapses in a landslide due to faulty grading, Richard is sued by motorists and hikers injured in the collapse. As a professional, Richard is held to the same standard of care as

other engineers

Charles and Ellen, an unmarried couple, run an ice cream store. The business is not incorporated and they have filed no formation papers with the state. Their business is a:

partnership

The ______________ is the most common form of business organization in the United States.

partnership

If Janice, while driving her car, negligently runs into Paul, a pedestrian who is carefully crossing the street, Janice is liable for:

physical injuries Paul sustains from the collision because Janice's negligent conduct proximately caused harm to a legally protected interest.

A ______________ corporation is specifically intended for licensed professionals like doctors, lawyers, etc.

professional

Al contracted to sell his house to Bev. Subsequently, they both changed their minds and agreed to cancel the contract. The contract between Al and Bev is discharged by

rescission

Under the doctrine of _________________, the employer is responsible for the acts of the employee while acting within the scope of employment.

respondeat superior

Andy walks into 7-Twelve, a convenience store, and points a gun at the clerk. Andy forces the clerk to open the cash register and give him all the money. If caught, Andy will most likely be charged with

robbery

Vladimir entered into a contract to buy Daniel's collection of rare stamps. Vladimir mailed payment of $10,000 for the stamps to Daniel, but now Daniel tells Vladimir, "I'll never part with these stamps." Which of the following remedies would be best for Vladimir:

specific performance

The term S Corporation comes from:

the Internal Revenue Code.

All conversions are trespasses but not all trespasses are conversions.

true

Bart stops at the corner gas station to buy a pack of gum on the way to school every morning. Rather than wait in line behind people buying gasoline, Bart usually just picks up the pack of gum, and waves it to the clerk behind the counter while leaving the exact amount (cost of gum plus tax) on the counter. Bark nods at the clerk and the clerk nods back in agreement. This is an example of how the conduct of a party can result in an implied contract.

true

Corporations, like persons, can be liable for crimes.

true

Fred and Barney are studying business law at the local University. Fred would be correct if he told Barney that even without words, the conduct of a party can result in an implied contract.

true

Remedies in equity include injunctions.

true

The Constitution provides that federal statutes are paramount to state constitutions and statutes.

true

The greatest number of corporations are private or closely held corporations.

true

An illegal contract generally would be considered

unenforceable

LLCs have become popular for all except which of the following reasons:

uniformity of law.

Brad, a minor, bought a set of golf clubs for $250 from Dickey's Sporting Goods Shop. This is an example of a

voidable contract

Sander owns R&R demolition company. Demolition of a building downtown by an R&R crew injures Fred, a nearby bystander. Under the theory of strict liability, Sander must Fred for any injury suffered by Fred

whether or not the R&R crew was at fault.

Marge was denied employment with Nukes R Us as a warehouse worker because she didn't meet the company requirement that all warehouse workers weigh 160 pounds. Nukes argued the weight requirement was reasonable because warehouse workers often have to lift things weighing up to 100 pounds. If Marge sues Nukes, she will probably:

win, as the weight requirement is discriminatory because it is unrelated to one's ability to lift 100 pounds.

Under the law of agency, express authority can be created by:

words spoken directly to the agent. conduct. written words given to one person to give to another person, the agent. All of the above

Peter applied for job at a Bookstore run by the Church of the Flying Spaghetti Monster. However, because Peter was not a member of the Church of the Flying Spaghetti Monster, the Bookstore would not hire him. If Peter brings a Title VII action against the bookstore, its best defense would be:

being a member of the Church of the Flying Spaghetti Monster is a bona fide occupational qualification.

Express contracts and implied contracts are:

both genuine contracts. equally enforceable. both A and B

Corporate officers and the Board of Directors have an obligation to act in the best interest of the corporation. Courts generally do not hold them liable for decisions that cause the corporation to lose money as long as the decisions were made in good faith. This is known as the ________ ___________ _________. (Type the three words below.)

business judgement rule

An agency relationship can be created:

by the conduct of the parties.

Buffalo Creek Summary

- 1972 - Lawyer Gerald Stern quotes that the tragedy could have been averted if the New York based Pittston Company, whose wholly owned subsidiary the Buffalo Mining Company build the dam - The dam was maintained in violation of Government safety standards - The Federal Coal Mine Health and Safety laws passed in April 1970 - for 4 years the Pittston Company had ignored warnings from local people and mine safety expects that the structure was urtsotind - After the disaster, Pittston told the people that they would receive the same benefits whether or not they hired a lawyer or not- didn't want it to ruin their reputation - But the miners had connections at the Washington Law firm - Arnold & Porter agreed to take the case on a contingency-fee basis- which scared the Pittston Company - Stern knew that Pittston was responsible for his clients psychological suffering and their loss of property and life - Eventually the case was settled out of court - Tacity accepting the argument that the flood had caused mental suffering, Pittston agreed to an overall payment of $13.5 million

A limited partnership must have at least ____ general partner(s) and ____ limited partner(s).

1, 1

An S Corporation cannot have more than ____ shareholders.

100

​The U.S. Courts of Appeals consists of ______federal judicial districts.

13

​In which of the following cases is a contract between A and B binding?

A makes a mistake of material fact, and the mistake is unknown by B.

Fred and Barney are studying business law at the local University. Fred would be correct if he told Barney which of the following situations would result in an executory contract?

All of the contract terms have not been performed.

Sheldon hires Amy, a lawyer, to sell off Sheldon's AppsRUs business.

Amy can buy the business with Sheldon's permission

Slate says to Gary Granite, If I decide to buy a rock crusher next year

An illusory promise

Carol agrees to sell her highly successful hair salon to Carl. In the sales contract, Carol includes a provision wherein Carol agrees never to open a hair salon in the state. Which of the following best describes this contract clause?

An unenforceable restraint of trade contrary to public policy

Which of the following would not be personally liable for the debts of the business?

A general partner in a limited liability limited partnership.

Which of the following statements about Agency law is/are correct:

As a sales representative of Stears & Roefish ("S&R") Kenny owes S&R a fiduciary duty to S&R An agent is always liable for his or her own torts committed within the scope of the agency relationship Both A and B

Oliver slips and falls on Port Harbor's Tour Boat and is injured. Oliver files a suit against Port Harbor for $500,000. If Oliver is 20 percent at fault and Port Harbor is 80 percent at fault, under the "50 percent rule," Oliver would recover

400,000

Oscar slips and falls on Shepler's Mackinaw Ferry boat and is injured. Oscar sues Shepler's for $500,000. If a Court finds for Oscar, but also finds Oscar is 10 percent at fault and Shepler's is 90 percent at fault, under the comparative liability standard, Oscar would recover

450,000

# of plaintiffs

600

Leonard decides to simply his life. One of the steps he decides to take is to sell off all his collectible comic books and superhero items. Leonard stops by Stewart's Classic Comic Book store and offers to sell his entire collection to Stewart for $6,000. Stewart pauses to think for a second. Stewart knows that Leonard has several items in his collection that would be worth well over $6,000 alone. Stewart emphatically says "Yes. I will buy your collection for $6,000." Stewart then tells Leonard to bring his collection back to the store in an hour and Stewart will have the cash ready for him. The two shake hands to signify they have an agreement. Leonard comes back to the store an hour later and tells Stewart he changed his mind, he does not want to sell his collection.

Leonard would win if Stewart sued for breach of contract because the contract was within the statute of frauds

Fred and Barney are studying business law at the local University. Fred would be correct if he told Barney which of the following would be an example of a void contract?

Mary agrees in writing to pay Will $400,000 to kill her uncle.

Mia offers Nevin, a building inspector, money to overlook the violations in her new warehouse. Nevin accepts the money and overlooks the violations. Mia is charged with the crime of bribery. The crime occurred when

Mia offered the bribe

Minnie offers Kevin, a building inspector, money to overlook the violations in her new warehouse. Kevin accepts the money and overlooks the violations. Minnie is charged with the crime of bribery. The crime occurred when

Minnie offered the bribe

Howard agrees to sell Penny his 2007 car for $500 on Friday if he feels like it. If he refuses to sell her the car, can she sue him for breach of contract ?

No, because Howard made an illusory promise

Morality is the same as

None of the above

Fred and Barney are studying business law at the local University. Fred would be correct if he told Barney which of the following would render a contract voidable?

One of the parties was too young to enter into a binding agreement.

Buffalo Creek

written by lawyer who ran the case town build around a mine - people work for the mine company and they give them a house - grocery stores owned by company too they deduct it from your pay check The company sold houses to employees *they were very proud to own their own houses *they made good money from the mining but it was very dangerous - black lung disease - mines can collapse *everyone in town works for the mine or somewhere relevant to the mine (doctor, store owner) The disaster: big storm busts wall of water and it destroyed the whole town *company KNEW this was a problem that could happen but did not do anything about it Where- Buffalo Creek When- Feb 1972 125 killed property loses over $50 million 1,000 injured 4,000 left homeless Lawyer who wrote the book sued the company- Jerel Stern People were afraid to sue because they were afraid to lose their jobs

The right of privacy consists of:

​both the right to be secure against unreasonable searches by the government and the right to protection against intrusions by others.

Ryan is accused of auto theft. Ryan refuses to give information related to his alleged criminal activities because he suspects it will be used to prosecute him. This is

​the privilege against self-incrimination.

​The plaintiff in a quasi-contractual action can recover:

​the reasonable value of the benefit conferred upon the defendant.


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