blr202 week 6A quiz latest 2016 august

Question 1

Wk06.Contract.The Jersey #1. Dowodu was a football player with a national football team named the "Tornadoes". He had a successful career with that team for 3 years and had been assigned the jersey number 32. He was then hired by another team, the Panthers. Dowodu wanted to keep his jersey number 32 but it was being used on the Panther's line up by player Sitro. On May 15, 20xx Dowodu and Sitro signed a document as follows:

"This document is being drawn on May 15, 20xx to verify the agreement between Dowodu and Sitro for the sale of Sitro's jersey number in exchange for monetary compensation of $40,000 to be paid as follows: $20,000 immediately, $10,000 to be paid by Week 8 of the NFL season, and $10,000 by Christmas Day of 20xx."

mc012-1.jpg

Both signed and the Panther’s manager had no objection to the arrangement and Dowodu was given jersey #32, Sitro was assigned jersey #38. The first installment was paid immediately to Sitro.

In August 20xx, before the season, Sitro was cut by the Panthers.

Dowodu is claiming that he and Sitro discussed the possibility that Sitro might be cut from the team and that if that happened Dowodu would not have to pay Sitro anything more than the first installment. Sitro says there was never any such conversation, Dowodu still owes him the money.

What is the value issue being presented in the scenario?

a.

Did Dowodu and Sitro have the conversation about the possibility of Sitro being cut?

b.

What is the legal effect of a conversation modifying the terms of a written contract?

c.

Both “a” and “b” are correct.

d.

Is Sitro entitled to any money from Dowodu?

e.

Does misspelling a name in a contract void the contract?

1 points

Question 2

The Jersey. Dowodu was a football player with a national football team named the "Tornadoes". He had a successful career with that team for 3 years and had been assigned the jersey number 32. He was then hired by another team, the Panthers. Dowodu wanted to keep his jersey number 32 but it was being used on the Panther's line up by player Sitro. On May 15, 20xx Dowodu and Sitro signed a document as follows:

"This document is being drawn on May 15, 20xx to verify the agreement between Dowodu and Sitro for the sale of Sitro's jersey number in exchange for monetary compensation of $40,000 to be paid as follows: $20,000 immediately, $10,000 to be paid by Week 8 of the NFL season, and $10,000 by Christmas Day of 20xx."

Both signed and the Panther’s manager had no objection to the arrangement and Dowodu was given jersey #32, Sitro was assigned jersey #38. The first installment was paid immediately to Sitro.

In August 20xx, before the season, Sitro was cut by the Panthers.

Dowodu is claiming that he and Sitro discussed the possibility that Sitro might be cut from the team and that if that happened Dowodu would not have to pay Sitro anything more than the first installment. Sitro says there was never any such conversation, Dowodu still owes him the money.

Wk06.Contract.The Jersey. Same as above. What is the factual issue being presented in the scenario?

a.

Has there been a mistake?

b.

What is the legal effect of the conversation?

c.

Is Sitro entitled to any money from Dowodu?

d.

Did Dowodu and Sitro have the conversation about the possibility of Sitro being cut?

e.

Both “a” and “b” are correct.

1 points (Extra Credit)

Question 3

The Jersey. Dowodu was a football player with a national football team named the "Tornadoes". He had a successful career with that team for 3 years and had been assigned the jersey number 32. He was then hired by another team, the Panthers. Dowodu wanted to keep his jersey number 32 but it was being used on the Panther's line up by player Sitro. On May 15, 20xx Dowodu and Sitro signed a document as follows:

"This document is being drawn on May 15, 20xx to verify the agreement between Dowodu and Sitro for the sale of Sitro's jersey number in exchange for monetary compensation of $40,000 to be paid as follows: $20,000 immediately, $10,000 to be paid by Week 8 of the NFL season, and $10,000 by Christmas Day of 20xx."

Both signed and the Panther’s manager had no objection to the arrangement and Dowodu was given jersey #32, Sitro was assigned jersey #38. The first installment was paid immediately to Sitro.

In August 20xx, before the season, Sitro was cut by the Panthers.

Dowodu is claiming that he and Sitro discussed the possibility that Sitro might be cut from the team and that if that happened Dowodu would not have to pay Sitro anything more than the first installment. Sitro says there was never any such conversation, Dowodu still owes him the money.

Wk06.Contract.The Jersey. Same as above. What evidence does Dowodu have to support his version of the facts?

a.

A valid, written, contract was formed between the parties.

b.

The written contract was modified by the conversation.

c.

His testimony.

d.

The written contract was not modified by the conversation.

e.

None.

1 points

Question 4

The Jersey. Dowodu was a football player with a national football team named the "Tornadoes". He had a successful career with that team for 3 years and had been assigned the jersey number 32. He was then hired by another team, the Panthers. Dowodu wanted to keep his jersey number 32 but it was being used on the Panther's line up by player Sitro. On May 15, 20xx Dowodu and Sitro signed a document as follows:

"This document is being drawn on May 15, 20xx to verify the agreement between Dowodu and Sitro for the sale of Sitro's jersey number in exchange for monetary compensation of $40,000 to be paid as follows: $20,000 immediately, $10,000 to be paid by Week 8 of the NFL season, and $10,000 by Christmas Day of 20xx."

Both signed and the Panther’s manager had no objection to the arrangement and Dowodu was given jersey #32, Sitro was assigned jersey #38. The first installment was paid immediately to Sitro.

In August 20xx, before the season, Sitro was cut by the Panthers.

Dowodu is claiming that he and Sitro discussed the possibility that Sitro might be cut from the team and that if that happened Dowodu would not have to pay Sitro anything more than the first installment. Sitro says there was never any such conversation, Dowodu still owes him the money.

Wk06.Contract.The Jersey. Same as above. What evidence does Sitro have to support his version of the facts?

a.

A valid, written, contract was formed between the parties.

b.

The written contract was modified by the conversation.

c.

His testimony.

d.

The written contract was not modified by the conversation.

e.

None.

1 points

Question 5

The Jersey. Dowodu was a football player with a national football team named the "Tornadoes". He had a successful career with that team for 3 years and had been assigned the jersey number 32. He was then hired by another team, the Panthers. Dowodu wanted to keep his jersey number 32 but it was being used on the Panther's line up by player Sitro. On May 15, 20xx Dowodu and Sitro signed a document as follows:

"This document is being drawn on May 15, 20xx to verify the agreement between Dowodu and Sitro for the sale of Sitro's jersey number in exchange for monetary compensation of $40,000 to be paid as follows: $20,000 immediately, $10,000 to be paid by Week 8 of the NFL season, and $10,000 by Christmas Day of 20xx."

Both signed and the Panther’s manager had no objection to the arrangement and Dowodu was given jersey #32, Sitro was assigned jersey #38. The first installment was paid immediately to Sitro.

In August 20xx, before the season, Sitro was cut by the Panthers.

Dowodu is claiming that he and Sitro discussed the possibility that Sitro might be cut from the team and that if that happened Dowodu would not have to pay Sitro anything more than the first installment. Sitro says there was never any such conversation, Dowodu still owes him the money.

Wk06.Contract.The Jersey. Same as above. Several legal issues are raised in the scenario. Which of the following is one of the legal issues being presented in the scenario?

a.

Has there been a mistake?

b.

What is the legal effect of the conversation?

c.

Is Sitro entitled to any money from Dowodu?

d.

Did Dowodu and Sitro have the conversation about the possibility of Sitro being cut?

e.

Both “a” and “b” are correct.

1 points

Question 6

The Jersey. Dowodu was a football player with a national football team named the "Tornadoes". He had a successful career with that team for 3 years and had been assigned the jersey number 32. He was then hired by another team, the Panthers. Dowodu wanted to keep his jersey number 32 but it was being used on the Panther's line up by player Sitro. On May 15, 20xx Dowodu and Sitro signed a document as follows:

"This document is being drawn on May 15, 20xx to verify the agreement between Dowodu and Sitro for the sale of Sitro's jersey number in exchange for monetary compensation of $40,000 to be paid as follows: $20,000 immediately, $10,000 to be paid by Week 8 of the NFL season, and $10,000 by Christmas Day of 20xx."

Both signed and the Panther’s manager had no objection to the arrangement and Dowodu was given jersey #32, Sitro was assigned jersey #38. The first installment was paid immediately to Sitro.

In August 20xx, before the season, Sitro was cut by the Panthers.

Dowodu is claiming that he and Sitro discussed the possibility that Sitro might be cut from the team and that if that happened Dowodu would not have to pay Sitro anything more than the first installment. Sitro says there was never any such conversation, Dowodu still owes him the money.

Wk06.Contract.The Jersey. Same as above. Question: What is the conclusion supported by analysis to the value issue given the law above? Even if you are not sure of the conclusion you should be able to pick it out of the choices because only one choice is a conclusion supported by analysis.

a.

Dowodu has breached the contract.

b.

Sitro wins because a mistake in the spelling of the name does not void the contract.

c.

Parol or outside evidence, such as testimony, cannot be used to modify the terms of a complete written contract.

d.

Sitro wins.

e.

Dowodu must pay the money because even if the oral conversation occurred, it cannot modify the written contract.

1 points

Question 7

The Jersey. Dowodu was a football player with a national football team named the "Tornadoes". He had a successful career with that team for 3 years and had been assigned the jersey number 32. He was then hired by another team, the Panthers. Dowodu wanted to keep his jersey number 32 but it was being used on the Panther's line up by player Sitro. On May 15, 20xx Dowodu and Sitro signed a document as follows:

"This document is being drawn on May 15, 20xx to verify the agreement between Dowodu and Sitro for the sale of Sitro's jersey number in exchange for monetary compensation of $40,000 to be paid as follows: $20,000 immediately, $10,000 to be paid by Week 8 of the NFL season, and $10,000 by Christmas Day of 20xx."

Both signed and the Panther’s manager had no objection to the arrangement and Dowodu was given jersey #32, Sitro was assigned jersey #38. The first installment was paid immediately to Sitro.

In August 20xx, before the season, Sitro was cut by the Panthers.

Dowodu is claiming that he and Sitro discussed the possibility that Sitro might be cut from the team and that if that happened Dowodu would not have to pay Sitro anything more than the first installment. Sitro says there was never any such conversation, Dowodu still owes him the money.

Wk06.Contract.The Jersey. Same as above. What is the law applicable to the scenario. Even you do not know the applicable law you should be able to pick it out of the choices below because only one of the choices is a law.

a.

Dowodu has breached the contract.

b.

Sitro wins because a mistake in the spelling of the name does not void the contract.

c.

Parol or outside evidence, such as testimony, cannot be used to modify the terms of a complete written contract.

d.

Sitro wins.

e.

Dowodu must pay the money because even if the oral conversation occurred, it cannot modify the written contract.

1 points (Extra Credit)

Question 8

Wk06.UCC.. Rock On #1. Rock On, LLC enters into a contract with Audio Master, LLC to lease certain audio equipment for a rock concert. Everything was done by email and no one mentioned anything about pick up or delivery of the equipment. On the day of the concert Rock On’s manager calls Audio Master and asks when the equipment will be delivered. Audio’s manager says, “Whenever you come by to get it, it is ready”. Rock On sends one of the staff to pick up the equipment. Both parties agree they have a contract and that the above is exactly what happened.

mc019-1.jpg

Rock On wants to sue Audio Master for breach of the contract because Rock On thinks Audio Master was legally required to deliver the equipment.

What is the value issue raised?

a.

What does the law say about delivery if the contract is silent about it?

b.

Did Rock On’s staff member pick up the equipment?

c.

Did Audio Master breach the contract?

d.

If the contract is silent about delivery of the goods, then the goods are to be picked up by the buyer or renter.

e.

None

1 points

Question 9

Rock On, LLC enters into a contract with Audio Master, LLC to lease certain audio equipment for a rock concert. Everything was done by email and no one mentioned anything about pick up or delivery of the equipment. On the day of the concert Rock On’s manager calls Audio Master and asks when the equipment will be delivered. Audio’s manager says, “Whenever you come by to get it, it is ready”. Rock On sends one of the staff to pick up the equipment. Both parties agree they have a contract and that the above is exactly what happened.

Rock On wants to sue Audio Master for breach of the contract because Rock On thinks Audio Master was legally required to deliver the equipment.

Wk06.UCC.. Rock On. Same as above. What is the factual issue raised?

a.

If the contract is silent about delivery of the goods, then the goods are to be picked up by the buyer or renter.

b.

Did Rock On’s staff member pick up the equipment?

c.

Did Audio Master breach the contract?

d.

None

e.

What does the law say about delivery if the contract is silent about it?

1 points

Question 10

Rock On, LLC enters into a contract with Audio Master, LLC to lease certain audio equipment for a rock concert. Everything was done by email and no one mentioned anything about pick up or delivery of the equipment. On the day of the concert Rock On’s manager calls Audio Master and asks when the equipment will be delivered. Audio’s manager says, “Whenever you come by to get it, it is ready”. Rock On sends one of the staff to pick up the equipment. Both parties agree they have a contract and that the above is exactly what happened.

Rock On wants to sue Audio Master for breach of the contract because Rock On thinks Audio Master was legally required to deliver the equipment.

Wk06.UCC.. Rock On. Same as above. What is the legal issue raised?

a.

If the contract is silent about delivery of the goods, then the goods are to be picked up by the buyer or renter.

b.

Did Rock On’s staff member pick up the equipment?

c.

Did Audio Master breach the contract?

d.

None

e.

What does the law say about delivery if the contract is silent about it?

1 points

Question 11

Rock On, LLC enters into a contract with Audio Master, LLC to lease certain audio equipment for a rock concert. Everything was done by email and no one mentioned anything about pick up or delivery of the equipment. On the day of the concert Rock On’s manager calls Audio Master and asks when the equipment will be delivered. Audio’s manager says, “Whenever you come by to get it, it is ready”. Rock On sends one of the staff to pick up the equipment. Both parties agree they have a contract and that the above is exactly what happened.

Rock On wants to sue Audio Master for breach of the contract because Rock On thinks Audio Master was legally required to deliver the equipment.

Wk06.UCC.. Rock On. Same as above. What law applies to this situation? Even if you do not know what law applies you should be able to pick out the correct answer because only one of the statements below is a law, the others are conclusions or analysis.

a.

If the contract is silent about delivery of the goods, then the goods are to be picked up by the buyer or renter.

b.

Rock On’s staff member was legally required to pick up the equipment.

c.

Audio Master did not breach the contract.

d.

Audio Master does not owe Rock On any damages.

e.

Both C and D are correct.

1 points

Question 12

Rock On, LLC enters into a contract with Audio Master, LLC to lease certain audio equipment for a rock concert. Everything was done by email and no one mentioned anything about pick up or delivery of the equipment. On the day of the concert Rock On’s manager calls Audio Master and asks when the equipment will be delivered. Audio’s manager says, “Whenever you come by to get it, it is ready”. Rock On sends one of the staff to pick up the equipment. Both parties agree they have a contract and that the above is exactly what happened.

Rock On wants to sue Audio Master for breach of the contract because Rock On thinks Audio Master was legally required to deliver the equipment.

Wk06.UCC.. Rock On. LAST. Same as above. This question can only be answered correctly if you have chosen the correct answer to the question asking what is the applicable law.

Question: What is the conclusion to the value issue given the law?

a.

If the contract is silent about delivery of the goods, then the goods are to be picked up by the buyer or renter.

b.

Rock On’s staff member was legally required to pick up the equipment.

c.

Audio Master did not breach the contract.

d.

Audio Master does not owe Rock On any damages.

e.

Both C and D are correct.

.

1 points Saved

QUESTION 13

In the video the long contract example involved a contract dated 1918 with Babe Ruth.

True

False

1 points (Extra Credit) Saved

QUESTION 14

Click on agreements are valid.

True

False

1 points Saved

QUESTION 15

In order for a contract to form the parties have to exchange something.

True

False

1 points Saved

QUESTION 16

Jared downloads some video games from the Internet. There is a page indicating the terms of use, but nothing that requires Jared to affirmatively indicate his consent before downloading the games. These terms are

a.

a shrink-wrap agreement.

b.

a click-on agreement.

c.

a wrap-on agreement.

d.

browse-wrap terms.

1 points Saved

QUESTION 17

The person who makes a promise is the promisee.

True

False

1 points Saved

QUESTION 18

Fresh Fast Service, Inc., offers to deliver produce to Growers' Market's customers for a certain price. Fresh's intent to extend a serious offer to Growers' Market is determined by reference to

a.

what a reasonable person in Growers' position would conclude Fresh's words and actions meant.

b.

Fresh's beliefs.

c.

Fresh's intentions.

d.

Fresh's assumptions.

1 points Saved

QUESTION 19

Jon says to Kristy, "I would like to sell you my sports memorabilia collection." This is not an offer because it

a.

does not include a price term.

b.

does not describe the subject matter sufficiently.

c.

only expresses an opinion.

d.

only invites Kristy to negotiate.

1 points Saved

QUESTION 20

A lottery is an example of an offer for a unilateral contract.

True

False

1 points Saved

QUESTION 21

Under federal law, an electronic signature can be as valid as a signature on paper.

True

False

1 points Saved

QUESTION 22

Over the Internet, Red & White Contractors, Inc., arranges to lease storage space from Blue Services Company. To complete the deal, Red & White clicks on a button that says, in reference to certain terms, "I agree." Most likely, the parties have

a.

an unenforceable contract that does not include the terms.

b.

an unenforceable contract that includes the terms.

c.

a binding contract that includes the terms.

d.

a binding contract that does not include the terms.

1 points Saved

QUESTION 23

Jonah tells Levi he will give him an Xbox if Levi does Jonah's chores for a month. Levi promises to do the chores. Jonah and Levi have formed a(n)

a.

bilateral contract.

b.

void contract.

c.

unenforceable contract.

d.

unilateral contract.

1 points Saved

QUESTION 24

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

a.

the parties' intent.

b.

Phil's rate of pay.

c.

the terms of Phil's employment.

d.

Phil's education.

1 points Saved

QUESTION 25

Past consideration can be legally sufficient consideration.

True

False

1 points Saved

QUESTION 26

Rollo promises to perform, for a price, shoe repair services in affiliation with Togs 'n Things, a clothing store. To support a contract, the consideration exchanged by the parties must be

a.

adequately considerate.

b.

legally sufficient.

c.

wisely priced.

d.

equally valuable.

1 points Saved

QUESTION 27

May tries to start her new car with no success. She yells that she will sell the car to anyone for $10. Nick, a passerby who owns Nick's Pre-owned Autos, hands May $10. This is

a.

not a valid acceptance because May does not seriously intend to sell.

b.

not a valid acceptance because Nick is a car dealer.

c.

a valid acceptance because Nick is a car dealer.

d.

a valid acceptance because May is seriously frustrated.

1 points Saved

QUESTION 28

Dave's uncle tells Dave that if "he feels that Dave deserves it," he will give Dave $1,000 when Dave graduates from college. Dave's uncle's promise is

a.

a preexisting duty.

b.

illusory.

c.

enforceable.

d.

a forbearance.

1 points Saved

QUESTION 29

Consideration is the value given in return for a promise.

True

False

1 points Saved

QUESTION 30

Mary admires Julia's collection of scarves. Julia says, "I might sell you a few someday, if I get tired of them." Julia's statement is

a.

an acceptance.

b.

not an effective offer because the Julia does not show a serious intent to be bound.

c.

not an effective offer because it has not been communicated to Mary.

d.

an effective offer.

1 points Saved

QUESTION 31

A shrink-wrap agreement is an agreement whose terms are expressed inside a box in which the goods are packaged.

True

False

1 points Saved

QUESTION 32

Wilson buys a lottery ticket at his local gas station. Wilson has accepted an offer for a(n)

a.

unenforceable contract.

b.

bilateral contract.

c.

unilateral contract.

d.

void contract.

1 points Saved

QUESTION 33

Bluebonnet #1: Bluebonnet Lighting and Power Company sent a fancy brochure and cover letter to real estate developers that said “We will install, for developers of single family dwellings along Meridian Rd. between Hwy. 20 and Blue Grass, residential electrical service for a construction charge of only $500 between 1/1/xx and 12/31/xx.” Zoning along Meridian Road requires homes with a minimum of one acre. Also, the normal price for this service is $1,500 per home or unit to be hooked up to electrical service.

A mobile home park developer called up Bluebonnet and accepted the offer for ten units, giving Bluebonnet no details. The representative of Bluebonnet said, “Thank you and we are looking forward to seeing your plans.” When the plans arrived Bluebonnet discovered that the project was for a mobile home park with 10 units to be one acre and the parcel was located near Hwy 20 but not on Meridian Rd. Bluebonnet refused to supply the residential electrical service without construction charge claiming no contract had been formed. The mobile home park developer sued for breach of contract.

What fact supports the legal conclusion that no acceptance exists?

a.

The acceptance did not mirror the offer.

b.

In order to be a valid acceptance, the acceptance must mirror the offer.

c.

The project sent to Bluebonnet by developer was for a mobile home park with 10 units.

d.

The representative of Bluebonnet said, “Thank you and we are looking forward to seeing your plans.”

1 points Saved

QUESTION 34

Bluebonnet Lighting and Power Company sent a fancy brochure and cover letter to real estate developers that said “We will install, for developers of single family dwellings along Meridian Rd. between Hwy. 20 and Blue Grass, residential electrical service for a construction charge of only $500 between 1/1/xx and 12/31/xx.” Zoning along Meridian Road requires homes with a minimum of one acre. Also, the normal price for this service is $1,500 per home or unit to be hooked up to electrical service.

A mobile home park developer called up Bluebonnet and accepted the offer for ten units, giving Bluebonnet no details. The representative of Bluebonnet said, “Thank you and we are looking forward to seeing your plans.” When the plans arrived Bluebonnet discovered that the project was for a mobile home park with 10 units to be one acre and the parcel was located near Hwy 20 but not on Meridian Rd. Bluebonnet refused to supply the residential electrical service without construction charge claiming no contract had been formed. The mobile home park developer sued for breach of contract.

Bluebonnet (test). Assume an offer exists. The law that is required to be used to find an offer is:___________exists?

a.

An offer is an expression of a willingness to enter into a contract.

b.

A detailed brochure with specific information such as location, price, and dates.

c.

A contract is formed if there is an offer, an acceptance, consideration, and in some circumstances a signed writing is needed.

d.

Bluebonnet Lighting and Power has expressed a willingness to enter into a contract.

1 points Saved

QUESTION 35

Bluebonnet Lighting and Power Company sent a fancy brochure and cover letter to real estate developers that said “We will install, for developers of single family dwellings along Meridian Rd. between Hwy. 20 and Blue Grass, residential electrical service for a construction charge of only $500 between 1/1/xx and 12/31/xx.” Zoning along Meridian Road requires homes with a minimum of one acre. Also, the normal price for this service is $1,500 per home or unit to be hooked up to electrical service.

A mobile home park developer called up Bluebonnet and accepted the offer for ten units, giving Bluebonnet no details. The representative of Bluebonnet said, “Thank you and we are looking forward to seeing your plans.” When the plans arrived Bluebonnet discovered that the project was for a mobile home park with 10 units to be one acre and the parcel was located near Hwy 20 but not on Meridian Rd. Bluebonnet refused to supply the residential electrical service without construction charge claiming no contract had been formed. The mobile home park developer sued for breach of contract.

Bluebonnet (test). The issue in this problem is not whether there has been an offer, but whether there has been ____________.

a.

writing

b.

consideration

c.

+

d.

adequate performance of the contract

1 points Saved

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