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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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A. it is an obviously bad business deal for one of the parties;
% f# X' o4 O5 q" Z3 V, E9 gB. the purpose of the contract is illegal;
. ^1 F; h% M" B+ @, @* Y' hC. Neither A nor B;! V, b+ |- P- @
D. Both A and B
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15. 'Consideration' is best defined as the following:$ V, g) R5 q* b: }
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A. one party doing a favor for the other party;
$ P1 m8 u) @0 J9 s+ P+ RB. money paid by one party to another party;
! M5 Q/ ]5 ~$ I$ _, W oC. something of value that is exchanged or given by a party;
6 Z2 K5 Z' J1 H5 _% mD. 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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! U7 U0 k3 g( l1 S6 L; P+ v3 L( ZA. one that is in writing 0 q% \! e# ~9 G
B. one that a court will uphold
1 `( @" C5 x7 a7 v) B. nC. one that expressly gives the parties a right to sue for breach of the contract
, O; m0 |- Q0 I) m) y6 sD. one that was formed by the agreement of both parties . V8 B$ B% o" a' [+ S
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17. Which of the following best defines duress?
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7 W" R; v/ D6 V9 d/ M! VA. obtaining a contract using threats ' _3 d/ D4 X. _! I. ~- a$ @# M
B. a coercion of will so as to vitiate consent
8 V, D- L1 u- b% FC. unfairly stating one's financial need for a contract
5 d; r1 K l( f- \, r2 ?! tD. extreme pressure in negotiation |
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