Govt404 - Study guides, Class notes & Summaries
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GOVT 404 (GOVT404) Quiz 2 Questions and Answers (2024/2025)(Verified Answers)
- Exam (elaborations) • 11 pages • 2024
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Which of the following is a false statement regarding consideration? 
 
Selected 
Answer:	An unfair bargain cannot constitute consideration since nobody would genuinely bargain for a contract that is notfair. 
 
 
 
•	 Question 2 
 
 
 
5 out of 5 points 
 
 
 
Which of the following can serve as consideration? 
 
Selected 
Answer:	Both a andb. 
 
•	 Question 3 
 
 
 
5 out of 5 points 
 
 
 
Angus is a drywall contractor. He learns that his neighbor, Bonnie, hadsome water damage and has be...
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GOVT 404 /GOVT404 Liberty UniversityQUIZ1
- Exam (elaborations) • 9 pages • 2021
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Liberty University GOVT 404 GOVT404 QUIZ1 
Which of the following is not a necessary element for a firm offer under 
the Uniform Commercial Code? 
If an offeror and offeree enter into a valid option contract, the offeree will 
retain the power of acceptance during the option period, unless?
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GOVT 404 GOVT404 QUIZ3 Liberty University . Latest Update 2021. Graded A
- Exam (elaborations) • 10 pages • 2021
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GOVT 404 GOVT404 QUIZ3 Liberty University . Latest Update 2021. Graded A 
Which answer most completely describes the defenses that are available 
to a contracting party when the basis for the defense is action taken by a 
third party rather than action taken by the other party to the contract?
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GOVT404 EXAM WITH BEST ANSWERS
- Exam (elaborations) • 7 pages • 2021
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Question 1 5 out of 5 points Which of the following is a false statement regarding consideration? • Question 2 5 out of 5 points Which of the following can serve as consideration? • Question 3 5 out of 5 points Angus is a drywall contractor. He learns that his neighbor, Bonnie, had some water damage and has been talking to Drywall Solutions, another drywall contractor, to complete the repairs. Angus tells Bonnie that she does not need to hire a drywall contractor and that he will perform the...
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GOVT 404 FINAL EXAM REAL EXAM QUESTION WITH ANSWER SOLUTION 2021
- Exam (elaborations) • 29 pages • 2022
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GOVT 404 FINAL EXAM REAL EXAM QUESTION WITH ANSWER SOLUTION 2021 
GOVT 404 Final Exam: 
 
•	Question 1 
 
 
0 out of 5 points 
 
TripleCyl contracts with ManuPow Partners to sell 100 forklift engines at a cost of $2,000each. TripleCyl agrees to deliver the engines in one installment on April 1. On March 20, TripleCyl delivers 98 engines together with a note stating that the remaining two engines would be delivered the following day. The next day TripleCyl delivers two engines. Is ManuPow Par...
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GOVT404 QUIZ 2 Questions and Answers
- Exam (elaborations) • 9 pages • 2021
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GOVT404 QUIZ 2 Questions and Answers
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