Scribd Logo
Încărcați

Bine ați venit la Scribd!

  • Devry Busn420week 3 Quiz

    Încărcat de

    teacher.theacestud
    155 vizualizări2 pagini
    DEVRY BUSN420WEEK 3 QUIZ DEVRY BUSN420WEEK 3 QUIZ Question Question 1.1.(TCO 4) Which of the following is true of UCITA? (Points : 2) It establishes the rules for operation of franchises in the U.S.A. It does not become law until a state adopts it as a statute It solely deals with the formation of electronic contracts, not licenses. It addresses most of the legal issues that are encountered while starting an entrepreneurial venture Question 2.2.(TCO 4) Hubert mistakenly pays property taxes that should have been assessed against Jesse. Hubert can recover the amount from Jesse in quasi-contract _____ (Points : 2) even if Jesse was not aware of the error. only if Jesse tried to conceal the error. only if Jesse was aware of the error. under no circumstances. Question 3.3.(TCO4) George and Halle disagree as to the exact amount one owes the other. They form a new agreement that, on fulfillment, will discharge the prior obligation. This is (Points : 2) a covenant not to sue. an accord and satisfaction. a release. promissory estoppel. Question 4.4.(TCO 4) Windsor, the owner of Windsor’s Sandwiches contacts a new supplier Gary. He tells Gary that he will pay him $375 if Gary delivers 20 pounds of cheese the following morning. Gary promises to make the delivery as requested by Windsor. This creates a _____ contract between them. (Points : 2) unilateral bilateral implied-in-law executor Question 5.5.(TCO 4) Greco promises to buy illegal copies of CDs and DVDs from Fava, who promises to deliver on April 15. These promises are most likely _____ (Points : 2) enforceable. valid. void. voidable.. Question 6.6.(TCO 4) Triple-D Cinemas promises to pay Shakir $1,000 to repair and clean its marquee. The act of doing this work is _____ (Points : 2) not consideration because its performance is a pre-existing duty not consideration because its exchange is not a bargain consideration. not consideration because its value is legally insufficient. Question 7.7.(TCO 4) Hartman, who has worked for Aratize Inc. for 25 years, is retiring. Upon hearing the news of his retirement, the president of Aratize announces a bonus of $250,000 to Hartman for his exceptional services toward Aratize thus far. But upon retiring, Hartman isn’t paid the bonus. Hartman decides to sue the president and Aratize to recover the promised bonus. Which of the following is true of this case? (Points : 2) It will be enforceable in court because it is a gift promise. It will not be enforceable in court because of past consideration. It will not be enforceable because the president is not authorized to make such a promise. It will not be enforceable because it is an unlawful consideration. Question 8.8.(TCO 4) General Credit Corporation promises to pay its chief finance officer Hughie and other employees a year-end bonus if it seems like a good idea at that time. This is _____ (Points : 2) an enforceable contract. an illusory contract. an unconscionable contract. a unilateral contract. Question 9.9.(TCO 4) Suki works for Renaldo. At the end of her first year, Renaldo promises to pay her a bonus for her four quarters of success. Renaldo’s promise is _____ (Points : 2) unenforceable because Suki’s performance was a pre-existing duty. unenforceable because Suki’s performance is past. enforceable. unenforceable because Suki’s performance is not legally sufficient. Question 10.10.(TCO 4) Superior-Plus Properties, Inc., and Topps Construction Company sign a contract that specifies the amounts to be paid for a building project at various stages and on its completion. Additional compensation may be justified by _____ (Points : 2) any business obstacles that arise after the time of the contract. changes in the market price of needed materials during the contract. extraordinary difficulties unforeseen at the time of the contract. no circumstances. DEVRY BUSN420WEEK 3 QUIZ

    Drepturi de autor

    © © All Rights Reserved

    Formate disponibile

    PDF, TXT sau citiți online pe Scribd

    Vi se pare util acest document?

    Este necorespunzător acest conținut?

    Raportați acest document
    DEVRY BUSN420WEEK 3 QUIZ DEVRY BUSN420WEEK 3 QUIZ Question Question 1.1.(TCO 4) Which of the following is true of UCITA? (Points : 2) It establishes the rules for operation of franchises in the U.S.A. It does not become law until a state adopts it as a statute It solely deals with the formation of electronic contracts, not licenses. It addresses most of the legal issues that are encountered while starting an entrepreneurial venture Question 2.2.(TCO 4) Hubert mistakenly pays property taxes that should have been assessed against Jesse. Hubert can recover the amount from Jesse in quasi-contract _____ (Points : 2) even if Jesse was not aware of the error. only if Jesse tried to conceal the error. only if Jesse was aware of the error. under no circumstances. Question 3.3.(TCO4) George and Halle disagree as to the exact amount one owes the other. They form a new agreement that, on fulfillment, will discharge the prior obligation. This is (Points : 2) a covenant not to sue. an accord and satisfaction. a release. promissory estoppel. Question 4.4.(TCO 4) Windsor, the owner of Windsor’s Sandwiches contacts a new supplier Gary. He tells Gary that he will pay him $375 if Gary delivers 20 pounds of cheese the following morning. Gary promises to make the delivery as requested by Windsor. This creates a _____ contract between them. (Points : 2) unilateral bilateral implied-in-law executor Question 5.5.(TCO 4) Greco promises to buy illegal copies of CDs and DVDs from Fava, who promises to deliver on April 15. These promises are most likely _____ (Points : 2) enforceable. valid. void. voidable.. Question 6.6.(TCO 4) Triple-D Cinemas promises to pay Shakir $1,000 to repair and clean its marquee. The act of doing this work is _____ (Points : 2) not consideration because its performance is a pre-existing duty not consideration because its exchange is not a bargain consideration. not consideration because its value is legally insufficient. Question 7.7.(TCO 4) Hartman, who has worked for Aratize Inc. for 25 years, is retiring. Upon hearing the news of his retirement, the president of Aratize announces a bonus of $250,000 to Hartman for his exceptional services toward Aratize thus far. But upon retiring, Hartman isn’t paid the bonus. Hartman decides to sue the president and Aratize to recover the promised bonus. Which of the following is true of this case? (Points : 2) It will be enforceable in court because it is a gift promise. It will not be enforceable in court because of past consideration. It will not be enforceable because the president is not authorized to make such a promise. It will not be enforceable because it is an unlawful consideration. Question 8.8.(TCO 4) General Credit Corporation promises to pay its chief finance officer Hughie and other employees a year-end bonus if it seems like a good idea at that time. This is _____ (Points : 2) an enforceable contract. an illusory contract. an unconscionable contract. a unilateral contract. Question 9.9.(TCO 4) Suki works for Renaldo. At the end of her first year, Renaldo promises to pay her a bonus for her four quarters of success. Renaldo’s promise is _____ (Points : 2) unenforceable because Suki’s performance was a pre-existing duty. unenforceable because Suki’s performance is past. enforceable. unenforceable because Suki’s performance is not legally sufficient. Question 10.10.(TCO 4) Superior-Plus Properties, Inc., and Topps Construction Company sign a contract that specifies the amounts to be paid for a building project at various stages and on its completion. Additional compensation may be justified by _____ (Points : 2) any business obstacles that arise after the time of the contract. changes in the market price of needed materials during the contract. extraordinary difficulties unforeseen at the time of the contract. no circumstances. DEVRY BUSN420WEEK 3 QUIZ

    Drepturi de autor:

    © All Rights Reserved
    Descărcați ca PDF, TXT sau citiți online pe Scribd
    Indicator pentru conținut neadecvat
    155 vizualizări2 pagini

    Devry Busn420week 3 Quiz

    Încărcat de

    teacher.theacestud
    DEVRY BUSN420WEEK 3 QUIZ DEVRY BUSN420WEEK 3 QUIZ Question Question 1.1.(TCO 4) Which of the following is true of UCITA? (Points : 2) It establishes the rules for operation of franchises in the U.S.A. It does not become law until a state adopts it as a statute It solely deals with the formation of electronic contracts, not licenses. It addresses most of the legal issues that are encountered while starting an entrepreneurial venture Question 2.2.(TCO 4) Hubert mistakenly pays property taxes that should have been assessed against Jesse. Hubert can recover the amount from Jesse in quasi-contract _____ (Points : 2) even if Jesse was not aware of the error. only if Jesse tried to conceal the error. only if Jesse was aware of the error. under no circumstances. Question 3.3.(TCO4) George and Halle disagree as to the exact amount one owes the other. They form a new agreement that, on fulfillment, will discharge the prior obligation. This is (Points : 2) a covenant not to sue. an accord and satisfaction. a release. promissory estoppel. Question 4.4.(TCO 4) Windsor, the owner of Windsor’s Sandwiches contacts a new supplier Gary. He tells Gary that he will pay him $375 if Gary delivers 20 pounds of cheese the following morning. Gary promises to make the delivery as requested by Windsor. This creates a _____ contract between them. (Points : 2) unilateral bilateral implied-in-law executor Question 5.5.(TCO 4) Greco promises to buy illegal copies of CDs and DVDs from Fava, who promises to deliver on April 15. These promises are most likely _____ (Points : 2) enforceable. valid. void. voidable.. Question 6.6.(TCO 4) Triple-D Cinemas promises to pay Shakir $1,000 to repair and clean its marquee. The act of doing this work is _____ (Points : 2) not consideration because its performance is a pre-existing duty not consideration because its exchange is not a bargain consideration. not consideration because its value is legally insufficient. Question 7.7.(TCO 4) Hartman, who has worked for Aratize Inc. for 25 years, is retiring. Upon hearing the news of his retirement, the president of Aratize announces a bonus of $250,000 to Hartman for his exceptional services toward Aratize thus far. But upon retiring, Hartman isn’t paid the bonus. Hartman decides to sue the president and Aratize to recover the promised bonus. Which of the following is true of this case? (Points : 2) It will be enforceable in court because it is a gift promise. It will not be enforceable in court because of past consideration. It will not be enforceable because the president is not authorized to make such a promise. It will not be enforceable because it is an unlawful consideration. Question 8.8.(TCO 4) General Credit Corporation promises to pay its chief finance officer Hughie and other employees a year-end bonus if it seems like a good idea at that time. This is _____ (Points : 2) an enforceable contract. an illusory contract. an unconscionable contract. a unilateral contract. Question 9.9.(TCO 4) Suki works for Renaldo. At the end of her first year, Renaldo promises to pay her a bonus for her four quarters of success. Renaldo’s promise is _____ (Points : 2) unenforceable because Suki’s performance was a pre-existing duty. unenforceable because Suki’s performance is past. enforceable. unenforceable because Suki’s performance is not legally sufficient. Question 10.10.(TCO 4) Superior-Plus Properties, Inc., and Topps Construction Company sign a contract that specifies the amounts to be paid for a building project at various stages and on its completion. Additional compensation may be justified by _____ (Points : 2) any business obstacles that arise after the time of the contract. changes in the market price of needed materials during the contract. extraordinary difficulties unforeseen at the time of the contract. no circumstances. DEVRY BUSN420WEEK 3 QUIZ

    Drepturi de autor:

    © All Rights Reserved
    Descărcați ca PDF, TXT sau citiți online pe Scribd
    Indicator pentru conținut neadecvat
    din 2

    '(95<%861:((.

    48,=
    '(95<%861:((.48,=
    4XHVWLRQ
    4XHVWLRQ 7&2 :KLFKRIWKHIROORZLQJLVWUXHRI8&,7$" 3RLQWV
    ,WHVWDEOLVKHVWKHUXOHVIRURSHUDWLRQRIIUDQFKLVHVLQWKH86$
    ,WGRHVQRWEHFRPHODZXQWLODVWDWHDGRSWVLWDVDVWDWXWH
    ,WVROHO\GHDOVZLWKWKHIRUPDWLRQRIHOHFWURQLFFRQWUDFWVQRWOLFHQVHV
    ,WDGGUHVVHVPRVWRIWKHOHJDOLVVXHVWKDWDUHHQFRXQWHUHGZKLOHVWDUWLQJDQHQWUHSUHQHXULDOYHQWXUH
    4XHVWLRQ 7&2 +XEHUWPLVWDNHQO\SD\VSURSHUW\WD[HVWKDWVKRXOGKDYHEHHQDVVHVVHG
    DJDLQVW-HVVH+XEHUWFDQUHFRYHUWKHDPRXQWIURP-HVVHLQTXDVLFRQWUDFWBBBBB 3RLQWV
    HYHQLI-HVVHZDVQRWDZDUHRIWKHHUURU
    RQO\LI-HVVHWULHGWRFRQFHDOWKHHUURU
    RQO\LI-HVVHZDVDZDUHRIWKHHUURU
    XQGHUQRFLUFXPVWDQFHV
    4XHVWLRQ 7&2 *HRUJHDQG+DOOHGLVDJUHHDVWRWKHH[DFWDPRXQWRQHRZHVWKHRWKHU7KH\
    IRUPDQHZDJUHHPHQWWKDWRQIXOILOOPHQWZLOOGLVFKDUJHWKHSULRUREOLJDWLRQ7KLVLV 3RLQWV
    DFRYHQDQWQRWWRVXH
    DQDFFRUGDQGVDWLVIDFWLRQ
    DUHOHDVH
    SURPLVVRU\HVWRSSHO
    4XHVWLRQ 7&2 :LQGVRUWKHRZQHURI:LQGVRUV6DQGZLFKHVFRQWDFWVDQHZVXSSOLHU*DU\
    +HWHOOV*DU\WKDWKHZLOOSD\KLPLI*DU\GHOLYHUVSRXQGVRIFKHHVHWKHIROORZLQJPRUQLQJ
    *DU\SURPLVHVWRPDNHWKHGHOLYHU\DVUHTXHVWHGE\:LQGVRU7KLVFUHDWHVDBBBBBFRQWUDFW
    EHWZHHQWKHP 3RLQWV
    XQLODWHUDO
    ELODWHUDO
    LPSOLHGLQODZ
    H[HFXWRU
    4XHVWLRQ 7&2 *UHFRSURPLVHVWREX\LOOHJDOFRSLHVRI&'VDQG'9'VIURP)DYDZKR
    SURPLVHVWRGHOLYHURQ$SULO7KHVHSURPLVHVDUHPRVWOLNHO\BBBBB 3RLQWV
    HQIRUFHDEOH
    YDOLG
    YRLG
    YRLGDEOH
    4XHVWLRQ 7&2 7ULSOH'&LQHPDVSURPLVHVWRSD\6KDNLUWRUHSDLUDQGFOHDQLWV
    PDUTXHH7KHDFWRIGRLQJWKLVZRUNLVBBBBB 3RLQWV
    QRWFRQVLGHUDWLRQEHFDXVHLWVSHUIRUPDQFHLVDSUHH[LVWLQJGXW\
    QRWFRQVLGHUDWLRQEHFDXVHLWVH[FKDQJHLVQRWDEDUJDLQ
    FRQVLGHUDWLRQ
    QRWFRQVLGHUDWLRQEHFDXVHLWVYDOXHLVOHJDOO\LQVXIILFLHQW
    4XHVWLRQ 7&2 +DUWPDQZKRKDVZRUNHGIRU$UDWL]H,QFIRU\HDUVLVUHWLULQJ8SRQ
    KHDULQJWKHQHZVRIKLVUHWLUHPHQWWKHSUHVLGHQWRI$UDWL]HDQQRXQFHVDERQXVRIWR
    +DUWPDQIRUKLVH[FHSWLRQDOVHUYLFHVWRZDUG$UDWL]HWKXVIDU%XWXSRQUHWLULQJ+DUWPDQLVQWSDLG
    WKHERQXV+DUWPDQGHFLGHVWRVXHWKHSUHVLGHQWDQG$UDWL]HWRUHFRYHUWKHSURPLVHGERQXV:KLFK
    RIWKHIROORZLQJLVWUXHRIWKLVFDVH" 3RLQWV
    ,WZLOOEHHQIRUFHDEOHLQFRXUWEHFDXVHLWLVDJLIWSURPLVH
    ,WZLOOQRWEHHQIRUFHDEOHLQFRXUWEHFDXVHRISDVWFRQVLGHUDWLRQ
    ,WZLOOQRWEHHQIRUFHDEOHEHFDXVHWKHSUHVLGHQWLVQRWDXWKRUL]HGWRPDNHVXFKDSURPLVH
    ,WZLOOQRWEHHQIRUFHDEOHEHFDXVHLWLVDQXQODZIXOFRQVLGHUDWLRQ
    4XHVWLRQ 7&2 *HQHUDO&UHGLW&RUSRUDWLRQSURPLVHVWRSD\LWVFKLHIILQDQFHRIILFHU+XJKLH

    DQGRWKHUHPSOR\HHVD\HDUHQGERQXVLILWVHHPVOLNHDJRRGLGHDDWWKDWWLPH7KLVLVBBBBB
    3RLQWV
    DQHQIRUFHDEOHFRQWUDFW
    DQLOOXVRU\FRQWUDFW
    DQXQFRQVFLRQDEOHFRQWUDFW
    DXQLODWHUDOFRQWUDFW
    4XHVWLRQ 7&2 6XNLZRUNVIRU5HQDOGR$WWKHHQGRIKHUILUVW\HDU5HQDOGRSURPLVHVWRSD\
    KHUDERQXVIRUKHUIRXUTXDUWHUVRIVXFFHVV5HQDOGRVSURPLVHLVBBBBB 3RLQWV
    XQHQIRUFHDEOHEHFDXVH6XNLVSHUIRUPDQFHZDVDSUHH[LVWLQJGXW\
    XQHQIRUFHDEOHEHFDXVH6XNLVSHUIRUPDQFHLVSDVW
    HQIRUFHDEOH
    XQHQIRUFHDEOHEHFDXVH6XNLVSHUIRUPDQFHLVQRWOHJDOO\VXIILFLHQW
    4XHVWLRQ 7&2 6XSHULRU3OXV3URSHUWLHV,QFDQG7RSSV&RQVWUXFWLRQ&RPSDQ\VLJQD
    FRQWUDFWWKDWVSHFLILHVWKHDPRXQWVWREHSDLGIRUDEXLOGLQJSURMHFWDWYDULRXVVWDJHVDQGRQLWV
    FRPSOHWLRQ$GGLWLRQDOFRPSHQVDWLRQPD\EHMXVWLILHGE\BBBBB 3RLQWV
    DQ\EXVLQHVVREVWDFOHVWKDWDULVHDIWHUWKHWLPHRIWKHFRQWUDFW
    FKDQJHVLQWKHPDUNHWSULFHRIQHHGHGPDWHULDOVGXULQJWKHFRQWUDFW
    H[WUDRUGLQDU\GLIILFXOWLHVXQIRUHVHHQDWWKHWLPHRIWKHFRQWUDFW
    QRFLUFXPVWDQFHV
    '(95<%861:((.48,=

    S-ar putea să vă placă și