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5 Written questions

5 Matching questions

  1. Phil agrees to work for Vacation Resorts, Inc., as a chef. In determining whether a contract has been formed, an element of prime importance is
  2. The agreement resulting from a buyer clicking on a box containing the words "I agree" is known as a click-on agreement.
  3. Mark is creating a Web site through which he will enter into contracts over the Internet. Important terms to include in his offers include
  4. Mariah promises to pay her assistant Nadine $10,000 in consideration of the services she provided over the years. Mariah never pays Nadine. Mariah is
  5. T/F? The only requirement for a valid contract is that the parties voluntarily entered into it.
  1. a F
  2. b not liable, because the consideration is in the past
  3. c provisions specifying the remedies if the contract is breached.
  4. d T
  5. e the parties' intent.

5 Multiple choice questions

  1. F
  2. agreement
  3. both a legal and a moral obligation to keep his promise
  4. promise
  5. an express contract

5 True/False questions

  1. T/F? A forum-selection clause indicates the forum, or location, for the delivery of goods purchased online.F

          

  2. T/F? An executed contract is one that has been fully performed by both parties.T

          

  3. T/F? An offer does not need to be communicated to the offeree to become effective.F

          

  4. Kingston promises to pay Melina $500 to install a sump pump in his warehouse. Melina completes the installation. The act of installing the pumpboth a legal and a moral obligation to keep his promise

          

  5. T/F? In contract law, intent is determined by the objective theory of contracts.T