Nature and Terminology

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Questions

Question 1

According to the objective theory of contracts, how is a party's intention to enter into a contract judged?

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Question 2

Which of the following is NOT one of the four basic requirements that must be met for a valid contract to exist?

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Question 3

What is the primary distinction between a bilateral contract and a unilateral contract?

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Question 4

A contract that has been fully performed on both sides is known as what type of contract?

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Question 5

What type of contract is defined as being implied from the conduct of the parties rather than their words?

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Question 6

What is a voidable contract?

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Question 7

Under what principle may a court impose a quasi contract on parties?

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Question 8

In the case of Gary Porter Construction v. Fox Construction, Inc., Porter argued that Fox owed additional compensation for work under the Excluded Sections based on what type of contract?

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Question 9

What is the Plain Meaning Rule as it applies to contract interpretation?

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Question 10

In the case of Ardito v. City of Providence, what did the court classify the city's October 15 letter to police academy applicants as?

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Question 11

Which of the following describes a formal contract?

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Question 12

What is the legal status of an agreement that is missing one of the four essential elements of a contract?

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Question 13

A contract in which the terms are fully and explicitly stated in words, either oral or written, is known as what?

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Question 14

If a contract is considered 'void,' what are the legal obligations of the parties?

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Question 15

Which of the following is NOT a necessary condition for a court to hold that an implied-in-fact contract was formed?

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Question 16

In the case of Wagner v. Columbia Pictures Industries, Inc., the court refused to admit Wagner's extrinsic evidence regarding the 'Love Song' contract because of what rule?

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Question 17

What is the primary function of contract law in the business environment?

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Question 18

An unenforceable contract is best described as:

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Question 19

In the context of contract interpretation, if a court finds a need to determine the parties' intentions from the contract's terms, which wording is typically given greater weight?

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Question 20

What type of contract arises when one party has fully performed but the other party has not?

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Question 21

According to the case of Gary Porter Construction v. Fox Construction, Inc., what was the remaining balance Fox owed Porter for the work performed?

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Question 22

What is the primary source of law that governs contracts for the sale and lease of goods?

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Question 23

In the Wagner v. Columbia Pictures case, the dispute centered on whether the Wagners were entitled to what percentage of the net profits from the 'Charlie's Angels' films?

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Question 24

A fictional contract created by a court to prevent one party from being unjustly enriched at the expense of another is called a:

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Question 25

If a party has conferred a benefit on someone else unnecessarily or as a result of misconduct or negligence, can that party typically recover in quasi contract?

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Question 26

When a party recovers in quantum meruit, what are they recovering?

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Question 27

Which of the following would be an example of an informal contract?

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Question 28

What are the two defenses to the enforceability of an otherwise valid contract discussed in the chapter?

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Question 29

In the case Ardito v. City of Providence, why did the court consider the city's October 15 letter a 'conditional offer of employment' and not just a notice?

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Question 30

A problem arises in unilateral contracts when the promisor attempts to revoke the offer after the promisee has begun performance. What is the present-day view on this issue?

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Question 31

If a contract's terms are clear according to the Plain Meaning Rule, when might a court allow extrinsic evidence?

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Question 32

What type of party is the offeror in a contract?

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Question 33

When one party to a contract has completed performance but the other has not, how is the contract classified?

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Question 34

Which of the following scenarios best exemplifies a unilateral contract?

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Question 35

If a contract is missing the element of legality, what is its status?

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Question 36

When a court uses the theory of quasi contract to grant relief, what does it aim to prevent?

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Question 37

In the case of Gary Porter Construction v. Fox Construction, Inc., what was the key reason the court ruled in favor of Porter's implied-in-fact contract claim?

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Question 38

A contract for which of the following subject matters would typically be governed by the common law of contracts, rather than the UCC?

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Question 39

What does it mean if a contract is 'executed on one side and executory on the other'?

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Question 40

If a party receives a benefit from another by mistake, such as a car wash mistakenly providing a hand wax, has the recipient been unjustly enriched according to the chapter's example?

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Question 41

When a court is interpreting an ambiguous written contract, which of the following rules applies?

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Question 42

What is the key difference between an express contract and an informal contract?

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Question 43

Which of the following would render a contract void, rather than voidable or unenforceable?

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Question 44

If a court determines that a contract's written terms are ambiguous, which rule from the chapter would be most relevant for resolving the ambiguity?

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Question 45

Can a quasi contract be used as a remedy when there is an actual, enforceable contract that covers the matter in controversy?

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Question 46

In the case Ardito v. City of Providence, what action by the applicants constituted their acceptance of the city's unilateral contract offer?

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Question 47

What is the legal definition of a 'promise' as described in the chapter?

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Question 48

What is the term for a valid contract that is rendered unenforceable by a statute or law, for example, because it is not in writing?

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Question 49

In the case of Gary Porter Construction, the subcontract was for an initial amount of how much?

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Question 50

If a contract is a mix of express terms and implied-in-fact terms, is it still considered a valid contract?

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