100% satisfaction guarantee Immediately available after payment Both online and in PDF No strings attached
logo-home
Previously searched by you
Previously searched by you
logo
Ch 10 quiz bus law Questions &Exam (elaborations) answers 100% satisfaction guarantee $7.99   Add to cart
Quickly navigate to
Preview
  2.  
  3. Chapter
  4.  
  5. Chapter

Exam (elaborations)

Ch 10 quiz bus law Questions &Exam (elaborations) answers 100% satisfaction guarantee
 6 views  0 purchase
  • Course
  • Chapter
  • Institution
  • Chapter

Ch 10 quiz bus law Questions &Exam (elaborations) answers 100% satisfaction guarantee

Preview 1 out of 2  pages

Document information

  • August 11, 2024
  • 2
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers

Subjects

Written for

  • Chapter
  • Chapter

Seller

avatar-seller
EXAMQA

Reviews received

Content preview

Ch 10 quiz bus law
A painter refuses to finish painting Charles's house unless Charles pays him an extra $100 beyond
the agreed contract price. Charles does not have to pay the extra money because this is an example
of - ✔✔preexisting duty

An illusory promise is sufficient consideration for unilateral contracts but not bilateral contracts. -
✔✔false

As a friend and a CPA, Lara agrees to do Cliff's taxes for free. Lara does his taxes and as an
expression of gratitude, Cliff promises to pay Lara $200. Lara cannot enforce the promise because
this is an illustration of - ✔✔past consideration

Consideration must be - ✔✔the product of a bargained for exchange

For a liquidated debt, the plaintiff must show actual, tangible evidence to prove his or her legal
damages. - ✔✔False

How often do courts weigh whether or not you made a good bargain? - ✔✔seldom

If the parties dispute the amount of money owed, the debt is a(n) __________ debt. -
%

✔✔unliquidated

In a unilateral contract, one party's consideration is the promise and the other party's consideration in
return is also a promise. - ✔✔false

Item 11

If an employer offers an employee a bonus for the great work the employee did over the past 3 years
and then refuses to pay the bonus, why can't the employee enforce payment? - ✔✔illusionary
promise

Item 16

Which of the following is not a requirement for an accord and satisfaction to be enforceable? -
✔✔The debt is liquidated.

Jason's promise to fix Karl's car if he ever gets an electric car jack is an illustration of: - ✔✔valid
consideration

The benefits of buying summaries with Stuvia:

Guaranteed quality through customer reviews

Guaranteed quality through customer reviews

Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.

Quick and easy check-out

Quick and easy check-out

You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.

Focus on what matters

Focus on what matters

Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!

Frequently asked questions

What do I get when I buy this document?

You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.

Satisfaction guarantee: how does it work?

Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.

Who am I buying these notes from?

Stuvia is a marketplace, so you are not buying this document from us, but from seller EXAMQA. Stuvia facilitates payment to the seller.

Will I be stuck with a subscription?

No, you only buy these notes for $7.99. You're not tied to anything after your purchase.

Can Stuvia be trusted?

4.6 stars on Google & Trustpilot (+1000 reviews)

67096 documents were sold in the last 30 days

Founded in 2010, the go-to place to buy study notes for 14 years now

Start selling
$7.99
  • (0)
  Add to cart