Question

59.  The Court generally considers a promise that is made for a past action as:

            a. a valid enforceable promise

            b. a promise that can not usually be enforced

            c. a liquidated contract

            d. enforceable if the party has made such promise to a friend

            e. all of the above

            f.  a - b and c

            g. b- and d

60. “Fraud” in a contract situation may refer to a part of a contract that:

            a. has contract of adhesion clause

            b. contains a confessed procedural clause

            c. was made under duress

            d. none of the above

61.  The major reason(s) for someone voiding a contract include:

            a. difficulty to perform

            b. non-compete clause

            c. minor image rule

            d. emancipation of parents

            e. a and c only

            f. none of the above

62.  An “Exculpatory Clause” in a contract is:

            a. always illegal

            b. always unenforceable

            c. enforceable

            d. enforceable only in oral contracts

            e. b- and d only

            f. a- b – and c only

63.  When a business purchases another business the sale may include:

            a. a “Statute of Evidence” provision

            b. a “Contract of Adhesion” provision

            c. an “Agreement Not to Compete” provision

            d. a “Parole Liability” provision

            e. all of the above

Answer 1

59. The Court generally considers a promise that is made for a past action as a liquidated contract;

60. “Fraud” in a contract situation may refer to a part of a contract that was made under duress;

61. The major reason(s) for someone voiding a contract include difficulty to perform & minor image rule;

62. An “Exculpatory Clause” in a contract is enforceable;

63. When a business purchases another business the sale may include an “Agreement Not to Compete” provision.

answered by: anonymous