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Rue offers to pay Sari to deliver certain documents within thirty minutes.Sari can accept the offer only by completing the task within the deadline.If she does,Rue and Sari will have


A) a bilateral contract.
B) a unilateral contract.
C) a void contract.
D) an executive contract.

E) A) and C)
F) A) and B)

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Brie buys a subscription to music provided by Concerto,an online streaming service.Before gaining access,Brie must agree to a provision stating that she will not make and sell copies of the music.This provision is


A) a partnering agreement.
B) a click-on agreement.
C) a shrink-wrap agreement.
D) a browse-wrap term.

E) All of the above
F) A) and C)

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Shrink-wrap terms are enforceable even if a buyer does not discover them until after the parties have entered into a contract.

A) True
B) False

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Corner Store posts on its website an offer of a reward for information leading to the apprehension of a certain criminal.This offer could normally be terminated by


A) a post on the website.
B) a notice in the local newspaper.
C) a sign in the store.
D) apprehension of the criminal.

E) C) and D)
F) B) and D)

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A court usually will enforce a covenant not to compete provided its restrictions are reasonable.

A) True
B) False

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A lease between Mia and Niles for residential property contains an exculpatory clause.This clause is most likely


A) enforceable as a matter of public policy.
B) enforceable if either party is in a business important to the public.
C) enforceable if an event occurs to which the clause applies.
D) unenforceable.

E) B) and C)
F) A) and D)

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Fresh Agro Inc.offers to deliver produce to Growers' Market for a certain price.Fresh's intent to extend an offer is determined by reference to Fresh's


A) market assumptions.
B) all of the choices.
C) subjective,unexpressed intentions.
D) words and actions.

E) A) and B)
F) A) and C)

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The party to whom a promise is made has the right to expect or demand that something will or will not happen in the future.

A) True
B) False

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Sports Bar and Tasty Bakery are adjacent businesses with adjoining parking lots.Sports Bar offers Tasty a discount on purchases if the bakery will not tow the cars of Sports Bar's patrons who park in the bakery's lot.The discount is legally sufficient consideration


A) because it is a promise of something of value.
B) only if Sports Bar adds a cash rebate.
C) only if Tasty uses it.
D) under no circumstances.

E) A) and B)
F) A) and C)

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A

One of the requirements of a valid contract is an adequate market for the deal's goods or services.

A) True
B) False

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A minor can ratify a contract and thus make it enforceable.

A) True
B) False

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Cathy agrees to sell her Daily Donut shop to Ernie.In the agreement,there is a covenant not to compete that prohibits Cathy from operating a donut shop within a certain distance.If the restriction is unreasonable,a court will most likely


A) award Cathy damages.
B) order Ernie to stop doing business.
C) reform the covenant.
D) prohibit both parties from operating donut shops.

E) B) and D)
F) All of the above

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An invitation to submit bids is an offer.

A) True
B) False

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False

Intoxicated,Efron enters a contract for the sale of his business,Freight Dispatch,to Gretel for less than its market value.This contract is enforceable if,at the time,


A) Efron's intoxication was purely voluntary.
B) Gretel fraudulently induced Efron to become intoxicated.
C) Gretel was also intoxicated.
D) Efron understood the legal consequences.

E) B) and D)
F) A) and D)

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Howe downloads Instagram's app by clicking on the site's "I agree" link to its terms of service.Later,Howe reverse engineers the software to create a competing app.This is most likely


A) a breach of Howe's agreement to the terms of service.
B) part of the bargain between a social media site and its users.
C) acceptable as long as the code is not shared with third parties.
D) within the promisee's right to expect or demand something of the future.

E) B) and D)
F) B) and C)

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Rona asks Steve,"Do you want to pay me to provide your business with a marketing campaign?" This is


A) an offer.
B) not an offer because the terms are not definite.
C) not an offer because Rona did not express an intent.
D) not an offer because Steve did not respond.

E) A) and C)
F) None of the above

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The lack of a license in certain occupations bars the enforcement of work-related contracts.

A) True
B) False

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True

A contract is an implied contract if the conduct of the parties creates and defines some of the terms.

A) True
B) False

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Shipping Corporation enters into contracts with distributors and other buyers in e-commerce and in traditional commerce.Between Shipping and its customers,the Uniform Electronic Transactions Act applies if the parties agree to conduct transactions by


A) electronic means.
B) paper documents.
C) any of the choices.
D) verbal communication.

E) A) and B)
F) All of the above

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Consideration is the value given in return for a promise or performance in a contractual agreement.

A) True
B) False

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