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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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2 |0 E8 n) L, D& X# a6 N2 U: y5 oA. it is an obviously bad business deal for one of the parties;* E1 B0 C1 E. r$ x. c
B. the purpose of the contract is illegal;1 [1 X# G: f1 `$ f; T5 j8 y
C. Neither A nor B;
% c, |9 k$ i- u' W: w+ a# ~, `, HD. Both A and B" |6 L) N; F3 P# z! z5 d( U Q4 h
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15. 'Consideration' is best defined as the following:1 L6 B K! _4 \
1 ]: q! \! \) mA. one party doing a favor for the other party;) w: ^" J; T: z+ `: z/ J/ i
B. money paid by one party to another party;. G2 ~( f5 f, ]0 K
C. something of value that is exchanged or given by a party;
) ]7 `; l' r, ~! v7 g3 sD. the thought process that a party goes through in deciding to enter the contract.# j9 V! G( Q( Y" L, e4 o
' F! f7 t, l' [+ \8 v- K16. What of the following is an enforceable contract? 6 d0 C+ _, K) k4 u& U
. Z, p& z, h! Z0 V3 \( zA. one that is in writing
( R! `3 H; y/ |0 TB. one that a court will uphold 6 M8 l" Z& e: Q# X' e+ M) N& R. S
C. one that expressly gives the parties a right to sue for breach of the contract
( }9 v X% T8 I, Y0 O8 X7 ND. one that was formed by the agreement of both parties / x! ]/ R2 l, j2 _! S. T9 O8 t$ F+ @
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17. Which of the following best defines duress?
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A. obtaining a contract using threats 7 i/ k& x* a- ?! C9 U1 _+ s
B. a coercion of will so as to vitiate consent
- z: k4 l3 @# O3 s' I8 zC. unfairly stating one's financial need for a contract
! H; P! K/ D4 h+ ]: ID. extreme pressure in negotiation |
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