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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:
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0 I3 ?/ G, a; O. u8 v. Q, \A. it is an obviously bad business deal for one of the parties;
* {5 ~ w! A3 P- lB. the purpose of the contract is illegal;- H- y* w* `( t; X9 |; e
C. Neither A nor B;
- g7 [ j8 k0 ?& T1 `8 e$ c5 cD. Both A and B
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15. 'Consideration' is best defined as the following:6 H+ i4 n. p5 y0 u: m5 K
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A. one party doing a favor for the other party;7 O3 h, z7 t( F7 h4 N8 w/ }- |
B. money paid by one party to another party;% R1 _: ]- f" `/ ]$ y# r: z# o
C. something of value that is exchanged or given by a party;/ I! C) x- h) s" D2 v, `
D. the thought process that a party goes through in deciding to enter the contract.
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16. What of the following is an enforceable contract?
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: L! n7 d( U9 K* t- @8 S% IA. one that is in writing 2 l) ^) e6 w0 A- D( C' r7 Z
B. one that a court will uphold
& C7 i$ \/ `8 cC. one that expressly gives the parties a right to sue for breach of the contract
: p- g" \* m" G2 \5 J; R5 hD. one that was formed by the agreement of both parties , @3 P; T6 C& @
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17. Which of the following best defines duress? : p* ~ M! u2 t. ]
! Z! s9 I( W; dA. obtaining a contract using threats
' H ~ |3 J3 i0 Q% z( FB. a coercion of will so as to vitiate consent
+ e5 d/ A: Q, B" X/ v& eC. unfairly stating one's financial need for a contract ' [5 z0 Q3 e, v& D: ^5 B0 h, p5 z
D. extreme pressure in negotiation |
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