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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;4 M% N( X2 l. E7 K2 n, K5 \
B. the purpose of the contract is illegal;3 R# ~- R' P1 g" K" S( f
C. Neither A nor B;9 \, r ~2 s( H7 Y; u
D. Both A and B
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15. 'Consideration' is best defined as the following:
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A. one party doing a favor for the other party;7 T0 ^7 `0 R7 M8 Z( R9 Y$ R
B. money paid by one party to another party;
2 c- ^. o7 }+ R3 P8 [; jC. something of value that is exchanged or given by a party;8 V! Z7 J" Y( b6 i7 D) S
D. the thought process that a party goes through in deciding to enter the contract.
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% o$ o6 f! x) `7 I9 y& y16. What of the following is an enforceable contract?
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- m8 g: `- V# u5 iA. one that is in writing ) Y) i1 G1 @/ R% a. u( ]
B. one that a court will uphold
' v, h3 q5 g, A" yC. one that expressly gives the parties a right to sue for breach of the contract 9 A9 D! h4 D) I; E( t! Z% m
D. one that was formed by the agreement of both parties * S. y4 I( I9 t) [6 y; ?3 K/ ~
$ W4 b* m o! ?& y17. Which of the following best defines duress?
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A. obtaining a contract using threats , o o3 ^* N% |& x* u
B. a coercion of will so as to vitiate consent " G8 A" i3 T- ^5 P
C. unfairly stating one's financial need for a contract p3 p6 A; O! \0 E
D. extreme pressure in negotiation |
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