Mike is walking through a parking lot and finds Kathy lying unconscious. He puts
ID: 1092767 • Letter: M
Question
Mike is walking through a parking lot and finds Kathy lying unconscious. He puts her in his car and takes her to the hospital. The hospital saves her life and, when she becomes conscious, they present her with a bill.
Objective: Analyze the elements necessary to form valid contracts.
14. Jonathan's Soccer Mart (JSM) advertises a pair of boots on sale. The normal price is $150.00 and the sale price should have read $135.00 but the advertisement says $15.00. Josh walks into the store, picks up a pair of the boots, and puts $15.00 on the counter demanding to purchase the boots at the advertised price. Which of the following is correct?
Objective: Summarize the legal defenses to contract formation.
15. Young has just fired Kathy who was her agent. Young places an ad in the classified section of the various local newspapers stating that, "Kathy no longer works for or represents Young in any way". Young would place this ad
Objective: Summarize the legal defenses to contract formation.
16. Which of the following will not allow for an anticipatory repudiation to occur?
Objective: Evaluate the remedies for breach of contract.
17. In which of the following scenarios would enforcement of specific performance be appropriate?
Objective: Evaluate the remedies for breach of contract.
18. Oscar is speeding and driving inattentively when he runs into Felix who is driving very cautiously. As a result of the accident, Felix's car needs $2,500 worth of repairs and Felix loses a week
Explanation / Answer
Answer for 14 is
Option 4: Josh has made an offer.
Answer for 18
Option 2: The repairs are compensatory damages and the lost wages are consequential damages.
Answer for 17
Option 4:You own the pistol used by Hamilton and contract to buy the pistol used by Burr in the Hamilton-Burr duel to complete your set, but, despite the contract, the Burr pistol owner refuses to sell at the last minute.