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Chapter 9

Self-Study Quizzes

Multiple Choice

Multiple Choice

This activity contains 14 questions.

	To be an enforceable contract, all EXCEPT which of the following must be met   agreement. consideration. conceptualization. lawful object.

	The party who makes an offer to enter into a contract is called the   offeree. offeror. agent. grantor.

	Genuineness of assent means that   all parties to a contract must be present at the signing. all parties to a contract must be genuinely happy about the terms of the contract. all parties to a contract must agree to the contract. the contract can be made under duress in some instances.

	The major source of contract law in the United States is the   common law of contracts. Spanish civil law. Napoleonic law. Jewish law.

	UCC stands for the   Uniform Commerce Center. United Commerce Committee. Uniform Commercial Code. Uniform Conference of Commissioners.

	Types of contracts include all, EXCEPT which of the following?   written and oral bilateral and unilateral express and implied-in-fact legal and quasi-legal

	What type of contract is an agreement between the parties in which an agreement has been inferred?   implied-in-fact unilateral-contract bilateral contract nondisclosure contract

	The ____________ theory of contracts holds that the intent to contract is judged by the reasonable person standard, and not by the subjective intent of the parties   subjective conjunctive objective formal

	A reasonable person would conclude that parties to a contract intended to create a contract after considering all EXCEPT which of the following?   words of the parties actions of the parties surrounding circumstances gender of the parties

	Another term for an implied-in-law contract is a   quasi-contract. recognizance. formal contract. almost-contract.

	The Restatement (Second) of Contracts identifies all the following as types of formal contracts, EXCEPT   contracts under seal. recognizances. oral contracts. letters of credit.

	A contract in which there is some legal defense to its enforcement is called a/n _______________ contract.   valid void voidable unenforceable

	A contract to commit a crime is an example of a/n ____________ contract.   valid void voidable unenforceable

	In old chancery courts, equity was used when decisions were   based on fairness and moral rights. made for the greater good for the greatest number of people. based on decisions that had been previously made. made by applying religious principles.

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