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5 Written questions

5 Matching questions

  1. Purchase order
  2. adhesion contract
  3. duress
  4. offset
  5. fraud in the factum
  1. a is a contract formed by one party imposing his or her will upon an unwilling or even unwitting party
  2. b the use of any wrongful act or threat to influence a party to contract
  3. c is the buyers offer form
  4. d a deduction of the amount awarded to the defendant from the amount awarded to the plaintiff
  5. e involves the very character of the proposed contract

5 Multiple choice questions

  1. the offeree must have knowledge of the offer before responding with a promise.
  2. those articles that the minor actually needs and must supply for himself or herself because the person who has the duty to provide these articles either cannot or will not provide them
  3. the confirmation of the contract
  4. occurs when a court no longer considers the person a minors through the persons chronological age would fall within the definition of a minor
  5. means that the offeree must accept the offer without change.

5 True/False questions

  1. Between Merchantsboth parties to the transaction are chargeable with the knowledge or the skill required to be a particular code section

          

  2. Boilerplate termsterms in a preprinted form are those terms that are supplied by the party on the form and have not been preprinted.

          

  3. modificationunder classical contract theory, modification of a contract is itself a contract and must follow the same rules of contract formation required for the original contract

          

  4. misrepresentationan assertion that is not in accord with the facts

          

  5. volitional testa contracting party may disaffirm a contract if his or her mind was so affected by mental disease or defect as to render him or her wholly and absolutely unable to comprehend and understand the nature of the transaction