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发表于 2008-12-14 17:24
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14. A contract is said to be a 'legally enforceable promise.' However, a court will refuse to enforce a contract if the following is true:+ G* ~5 u1 w4 l8 D& [
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A. it is an obviously bad business deal for one of the parties;9 e. V3 s, S: Q( ?9 b7 l
B. the purpose of the contract is illegal;
3 {- ]9 `! s0 bC. Neither A nor B;
7 m+ H- B/ P5 u3 r7 Y/ _D. Both A and B
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6 s. f( `; \9 H2 G [: w3 r& q3 F, p+ \15. 'Consideration' is best defined as the following:) p5 Y9 Q# Z. E
0 q) L# O8 c2 v" h9 lA. one party doing a favor for the other party;0 p+ f0 l T& r9 _/ q% x
B. money paid by one party to another party;- m0 m3 g$ `. k( O6 Z4 h" C
C. something of value that is exchanged or given by a party;
7 t8 v7 m2 X0 N. Z. k" TD. the thought process that a party goes through in deciding to enter the contract.2 w, ?9 d7 l4 ?; |0 G: H
2 b. G4 Y* s1 z) S& H16. What of the following is an enforceable contract? : y+ j0 G4 ]( x
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A. one that is in writing
0 X* z) A, G/ N. b2 p' m7 d, r. xB. one that a court will uphold 5 F4 q( Z+ h% y' E+ z/ l
C. one that expressly gives the parties a right to sue for breach of the contract
2 `- ]3 j5 w, }: p! U" qD. one that was formed by the agreement of both parties
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17. Which of the following best defines duress?
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& m: l+ F+ O, _8 A2 a; K, i% cA. obtaining a contract using threats
8 e+ S3 z' I: U5 W2 OB. a coercion of will so as to vitiate consent
. D7 `8 l: ^7 y' u* IC. unfairly stating one's financial need for a contract 4 D* h% i3 a( d6 p
D. extreme pressure in negotiation |
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