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UOP LAW 531 Week 6 Final Exam Study Guide1

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7. Calvin tells Sara that he will sell her his car for $5,000. Sara agrees.<br />

The exchange is to take place in 10 days. The contract between Calvin<br />

and Sara is now _____.<br />

a) bilateral, executory, and implied<br />

b) bilateral, executed, and voidable<br />

c) unilateral, executory, and valid<br />

d) bilateral, executory, and express<br />

8. Which of the following is true about a sole proprietorship?<br />

a) A sole proprietorship is a legal entity.<br />

b) A sole proprietorship cannot sue or be sued.<br />

c) A sole proprietorship as a form of business can be transferred to<br />

someone else.<br />

d) A sole proprietorship has a life of its own apart from its owner.<br />

Complete Answers just a click away <strong>LAW</strong> <strong>531</strong> WEEK 1 KNOWLEDGE<br />

CHECK<br />

9. _____________ means the accused failed to perceive a substantial<br />

risk of harm that a reasonable person would have perceived.<br />

a) Exculpation

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