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Exam 7: Nature and Terminology

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Question 21

Multiple Choice

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Bob claims that Carla breached their contract for tutoring. Carla responds that she never intended to enter into a contract with Bob. The intent to enter into a contract is determined with reference to

A) ​the intentional theory of contracts.
B) ​the objective theory of contracts.
C) ​the personal theory of contracts.
D) ​the subjective theory of contracts.

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Question 22

Multiple Choice

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Foster promises to buy Gideon's trumpet for $75. Gideon is

A) ​an offeree.
B) ​an offeror.
C) ​a promisee.
D) ​a promisor.

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Question 23

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A contract is an agreement that can be enforced in court.

Clay offers to pay Dian $50 for a golf lesson for Ewan. They agree to meet on Friday to exchange the cash for the lesson. These parties have

On Monday, Neil tells Outdoor Landscaping, Inc., 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 that he has changed his mind. These parties had

Lark promises to buy Mac's used textbook for $60. Lark is

A court will normally interpret the language of a contract according to what the parties claim their intent was when they made it.

A quasi contract is a fictional contract.

Ren offers to pay Sara to pick up and deliver certain business documents within thirty minutes. Sara can accept the offer only by completing the task within the deadline. If she does, Ren and Sara will have

Some promises are not legally binding.

Bo signs a lease with Capri Apartments to lease a studio apartment for the next year for $650 per month. Daisy signs on Capri's behalf. Bo and Capri have

A unilateral contract is formed at the moment when the contract is performed.

Jess, a nurse practitioner, renders aid to Kurt, who is injured and unconscious. Jess can recover the cost of the aid from Kurt

Evie agrees to work for Far East Shipping, Ltd., as a translator. In determining whether a contract has been formed, an element of prime importance is

Francie drives into Gage's Auto Service and asks Gage to replace a tire on her car. After Gage replaces the tire, but before Francie pays for it, any contract between them is

Movers LLC promises to deliver a certain couch to Nora, who promises to pay for the service. If Movers does not perform, it may be required to

Every contract involves at least three parties.

​A contract is valid only if both of the parties entering into it have the capacity to do so.

Francisca and Garden Estate, Inc., enter into a contract for the use of a Victorian mansion and its grounds for a wedding and reception. If ambiguities appear in the contract, they will be construed against the party who

Leila enters into a contract with Metro Taxi Company to work as a cabdriver. Under the plain meaning rule, if the contract's writing is clear and unequivocal, the meaning of the terms must be determined from