Blaw Exam Questions With Correct Answers
Smith will win because Smith made a down payment and took possession - answer1. Jones
agreed orally with Smith to sell Smith a house for $200,000. Smith sent Jones a signed
agreement and a down payment of $20,000. Jones did not sign the agreement, but all...
Smith will win because Smith made a down payment and took possession - answer✔✔1. Jones
agreed orally with Smith to sell Smith a house for $200,000. Smith sent Jones a signed
agreement and a down payment of $20,000. Jones did not sign the agreement, but allowed Smith
to move into the house. Before closing, Jones refused to go through with the sale. Smith sued
Jones to compel specific performance under the provisions of the statute of frauds.
Thrifty's promise could be enforced as a charitable subscription, even though it was a gratuitous
promise. - answer✔✔Thrifty promised to donate $500 to his favorite charity, the Irwin Home for
Impoverished Lawyers. In reliance on Thrifty's pledge, The Home immediately ordered some
badly needed three-piece-suits for some of its inmates. Thrifty later changed his mind and
refused to make the donation
No contract was formed because Fine received Moss' acceptance after April 4. - answer✔✔On
April 1, Fine Corp. faxed Moss an offer to purchase Moss' warehouse for $500,000. The offer
stated that it would remain open only until April 4 and that acceptance must be received to be
effective. Moss sent an acceptance on April 4 by overnight mail and Fine received it on April 5.
Which of the following statements is correct?
Price involved - answer✔✔Carson Corp., a retail chain, asked Alto Construction to fix a broken
window at one of Carson's stores. Alto offered to make the repairs within 3 days at a price to be
agreed on after the work was completed. A contract based on Alto's offer would fail because of
indefiniteness as to the
Drakes response is mere inquiry; therefore, the $300,000 offer by Calistoga is still in force. -
answer✔✔Calistoga offers to sell her home to Drake for $300,000. Drake asks her if she would
accept $250,000. Which of the following is true?
Advertisement was not an offer - answer✔✔On September 10, Harris Inc., a new car dealer,
placed a newspaper advertisement stating that Harris would sell 10 cars at its showroom for a
special discount only on September 12, 13, and 14. On September 12, King called Harris and
expressed an interest in buying on of the advertised cars. King was told that five of the cars had
been sold and to come to the showroom as soon as possible. On September 13, Harris made a
televised announcement that the sale would end at 10:00 p.m. that night. King went to Harris'
showroom on September 14 and demanded the right to buy a car at the special discount. Harris
had sold the 10 cars and refused King's demand. King sued Harris for breach of contract. Harris'
best defense to King's suit would be that Harris'
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