Exam (elaborations)
LEGL 4400 Test questions with complete solutions 2024
- Course
- Institution
LEGL 4400 Test questions with complete solutions 2024
[Show more]
Content preview
LEGL 4400 Test#1 ProblemsOwen telephones an order to Hillary's store for certain goods, which Hillary
delivers to Owen. Neither party says anything about the price or payment
terms. What are the legal obligations of Owen and Hillary? - correct answer
✔It's an implied-in-fact contract. Both parties must perform and payment
needs to be in cash.
Minith is the owner of the Hiawatha Supper Club, which he leased for two
years to Pierkarski. During the period of the lease, Piekarski contracted with
Puttkammer for the resurfacing of the access and service areas of the supper
club. The work, including labor and materials, had a reasonable value of
$2,450, but Puttkammer was never paid because Piekarski went bankrupt.
Puttkammer brought an action against Minith to recover the amount owed to
him by Piekarski. Will Puttkammer prevail? Explain. - correct answer ✔No.
Minith didn't know anything about it. It matters if he knew or not.
Johnathan writes to Willa, stating "I'll pay you $150 if you reseed my lawn."
Will reseeds Johnathan's lawn as requested. Has a contract been formed? If
so, what kind? - correct answer ✔Yes. It's a unilateral contract
Calvin uses fraud to induce Maria to promise to pay money in return for goods
he has delivered to her. Has a contract been formed? If so, what kind? What
are the rights of Calvin and Maria? - correct answer ✔Not a valid contract.
Maria can void/accept. and doesn't have to perform. It's a voidable contract.
Anna is about to buy a house on a hill. Prior to the purchase, she obtains a
promise from Betty, the owner of the adjacent property, that Betty will not build
any structure that would block Anna's view. In reliance on this promise, Anna
buys the house. Is Betty's promise binding? Why or why not? - correct
answer ✔No. But she could argue for promissory estoppel.
The benefits of buying summaries with Stuvia:
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
You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.
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 LEWISSHAWN55. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy these notes for $13.49. You're not tied to anything after your purchase.
Can Stuvia be trusted?
4.6 stars on Google & Trustpilot (+1000 reviews)
81849 documents were sold in the last 30 days
Founded in 2010, the go-to place to buy study notes for 14 years now