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ETH 321 Week 4 Quiz

ETH 321 Week 4 Quiz PLDZ-7203
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ETH 321 Week 4 Quiz

https://zh.scribd.com/document/343514419/Uop-Tutorial

 

ETH 321 Week 4 Quiz

 

Complete the Week Four Quiz to be posted by the Instructor at the begining of Week Four. The quiz will incude week three and four topics. There are 20 multiple choice questions. Use the attached Quiz Answer Sheet to record your answers. Please be sure to include your name on the Answer Sheet.

Click the Assignment Files tab to submit your assignment.

 

 

 

    1. A(n) ______ contains a specific promise and a specific demand.

 

 

 

 

 

 

 

    1. consideration

 

 

    1. revocation

 

 

    1. offer

 

 

    1. capacity

 

 

    1. exculpation

 

 

 

 

 

 

 

    1. Mayra offers to sell her home to Hanna for “about $100,000 plus closing costs.” Hanna accepts Mayra’s offer. Later, a dispute arises over the precise dollar amount of the purchase price. How will a court most likely resolve this dispute?

 

 

 

 

 

 

 

    1. The court will determine a reasonable price to be paid by Hanna.

 

 

    1. The court will determine that Hanna pay only the figures mentioned in the contract.

 

 

    1. The court will appoint a licensed real estate appraiser to determine the price to be paid by Hanna.

 

 

    1. The court will require Hanna to pay the average of her price and Mayra’s price.

 

 

    1. The court will declare the purchase price and terms too indefinite to create a binding contract.

 

 

 

 

 

 

 

    1. In which of the following cases does the legal power of the offeree to bind the offeror end?

 

 

 

 

 

 

 

    1. When the offeree accepts the offer

 

 

    1. When the offeror is declared insane before acceptance of the offer by the offeree

 

 

    1. When the subject matter of the contract is destroyed after the acceptance of the offer

 

 

    1. When the offeror accepts the counteroffer

 

 

    1. When the offeror attempts to retract the offer after its acceptance by the offeree

 

 

 

 

 

 

 

    1. If there is evidence that a word used in a contract has a particular trade usage, courts will

 

 

    1. give it that meaning.

 

 

    1. ask the contracting parties to remove that word from the contract.

 

 

    1. ask the contracting parties to add it as a comment to the contract.

 

 

    1. ask the contracting parties to add it to the nolo contendere section of the contract.

 

 

    1. replace the word with its legal equivalent.

 

 

 

 

 

 

 

    1. Which of the following statements is true of a situation in which a party to a contract substantially performs its obligations to the contract?

 

 

 

 

ETH 321 Week 4 Quiz https://zh.scribd.com/document/343514419/Uop-Tutorial ETH 321 Week 4 Quiz Complete the Week Four Quiz to be posted by the Instructor at the begining of Week Four. The quiz will incude week three and four topics. There ar
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