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5 Written questions

4 Matching questions

  1. T/F? An executed contract is one that has been fully performed by both parties.
  2. Over the Internet, Red & White Contractors, Inc., arranges to lease storage space from Blue Services Company. To complete the deal, Red & White clicks on a button that says, in reference to certain terms, "I agree." Most likely, the parties have
  3. A quasi contract is not enforceable by a court.
  4. An offer made in obvious anger is still an effective offer.
  1. a False
  2. b a binding contract that includes the terms
  3. c F
  4. d T

5 Multiple choice questions

  1. F
  2. F
  3. not a valid acceptance because may does not seriously intend to sell
  4. F
  5. not question the adequacy of the consideration

5 True/False questions

  1. The agreement resulting from a buyer clicking on a box containing the words "I agree" is known as a click-on agreement.T

          

  2. Jonathon promises to pay child support and alimony to his ex-wife every month after their divorce. Jonathon hasis the consideration that creates Kingston's obligations to pay Melina

          

  3. An illusory promise is unenforceable.True

          

  4. Fresh Fast Service, Inc., offers to deliver produce to Growers' Market's customers for a certain price. Fresh's intent to extend a serious offer to Growers' Market is determined by reference tonot enforce it

          

  5. T/F? An expression of opinion "this is perfect!" is an effective offer as long as it is not made in jest.T

          

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