A) Dylan is stuck with the book because Yasmeen subjectively thought it was the correct book,and Dylan did not openly disagree before the contract was executed.
B) Dylan is stuck with the book because Yasmeen did not commit fraud.
C) Because the parties had a mutual misunderstanding,the parties did not come to a meeting of the minds,and there is no contract.
D) Because both parties were mistaken,at Dylan's option he may return the book;but only half of the purchase price would be required as a refund from Yasmeen because she is not guilty of fraud.
E) Dylan is stuck with the book because he objectively agreed to purchase it.
Correct Answer
verified
Multiple Choice
A) $2,000 because that was what they agreed and the judge would follow the intent of the parties.
B) $2,000,because that was the latter act of the contract.
C) $2,000 because Serena may cross out terms if initialed.
D) $3,000,because that was how it was written on the form and Serena has no right to cross it out.
E) $3,000 because the words were written out.
Correct Answer
verified
Multiple Choice
A) Handwritten notes can constitute a unilateral contract only.
B) Handwritten notes can comprise certain types of contracts,but not an employment contract.
C) Handwritten notes are too informal to comprise an employment contract.
D) Handwritten notes can be considered an enforceable employment contract.
E) Handwritten notes can be part of an employment contract,if a formal contract is subsequently executed.
Correct Answer
verified
Multiple Choice
A) The contract lacked a writing.
B) The contract lacked consideration.
C) The contract lacked a proper acceptance.
D) The contract lacked both an appropriate offer and an appropriate acceptance.
E) The agreement lacked a proper offer.
Correct Answer
verified
Multiple Choice
A) Contractual capacity
B) Informed consent
C) Emancipation
D) Majority
E) Contractual knowledge
Correct Answer
verified
Multiple Choice
A) Liquidated contracts
B) Bilateral contracts
C) Implied contracts
D) Unilateral contracts
E) Express contracts
Correct Answer
verified
Multiple Choice
A) The former employee could proceed with an action in court because there was no consideration for the arbitration agreement and,therefore,no valid agreement.
B) The former employee was allowed to proceed in court because she had exhausted her remedies in the arbitration arena.
C) The former employee was barred from proceeding in court based on the statute of limitations which expired while she was pursuing her remedies in arbitration.
D) The former employee could proceed with an action in court because,as a matter of law,arbitration agreements are barred in the arbitration context.
E) The former employee was barred from proceeding in court because of the binding arbitration clause.
Correct Answer
verified
Multiple Choice
A) He is correct because an implied contract existed,and he made an honest mistake for which Gina must accept the risk.
B) He is correct because an express contract existed,and he made an honest mistake for which Gina must accept the risk.
C) He is incorrect unless he can somehow establish that Gina gave him poor directions or was otherwise at fault in informing him which deck to paint,and the contract remains executory.
D) He is correct because a valid contract existed;and,after his performance,it is considered executed.
E) He is correct because an implied-in-law contract existed.
Correct Answer
verified
Multiple Choice
A) Agreeor
B) Agree
C) Offeree
D) Offeror
E) Inquirer
Correct Answer
verified
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