LAW

Question 11

1.      Fungible goods are:

goods which are packaged and labeled separately (such as units which come in cartons or cases).
mixed goods that are identical and cannot be separated (such as grain or coal).
perishable goods which have been improperly packaged or which have damaged packaging and are prone to contamination.
goods which conform to any promises or statements of fact made on the container or label.

2 points

 

Question 12

1.      Artisans who retain goods are liable for conversion if they:

return the goods before the debt has been paid.
keep the goods without the right to a lien.
lose the goods to the debtor in a fraudulent manner.
sell the goods for the unpaid charges.

2 points

 

Question 13

1.      Common law arises when:

courts are called upon to resolve disputes for which there is no statute or other source of law establishing a rule.
constitutional statutes are found to interfere with the freedom of expression.
there are statutes and other sources of law establishing a particular rule and the courts decide to improvise this existing statutory law.
the government wishes to encourage certain kinds of investments.

2 points

 

Question 14

1.      Blue laws are uniform across all states in the country.

True

False

2 points

 

Question 15

1.      Erik filed a case in a municipal court against Leela for a minor criminal violation. Dissatisfied with the decision of the court, Erik can now appeal the case in a court of record.

True

False

2 points

 

Question 16

1.      Consideration can have legal value if the promisee:

does not involve in an act in the case of unilateral contracts.
does something he or she had no prior legal duty to do in exchange for the promisor’s promise.
agrees to do something he or she has a legal right to do in exchange for the promisor’s promise.
does not give up something in exchange for the promise made by the promisor.

2 points

 

Question 17

1.      A party that enters into an illegal contract can recover the considerations given if the party:

reports the illegal act to law enforcement after committing it.
rescinds the contract before any illegal act has been performed.
demonstrates an unequal bargain due to the illegal contract.
rescinds the contract immediately after the illegal act has been performed.

2 points

 

Question 18

1.      A common defense to the tort of interference with contract is:

lack of capacity.
privilege.
probable cause.
inducing a breach of contract.

2 points

 

Question 19

1.      A building that deviates slightly from the contract’s specifications does not qualify as substantial performance.

True

False

2 points

 

Question 20

1.      A counteroffer:

impliedly rejects an offer.
does not affect the material terms of the contract.
is a mirror-image of the offer.
is an inquiry into the terms of the offer.

2 points

 

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