Studentwhiz - LAW 575 Final Exam 30 Questions and Answers Free

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Q10. The person who makes an offer is called an 1. offeree 2. offeror 3. agreeor 4. Agent Q 11.Which of the following is what a person will receive in return for performing a contractual obligation? 1. Consideration 2. Acknowledgement 3. Approval 4. Accord Click here : law575 final exam http://www.studentwhiz.com
Q 12. Which of the following is true regarding the adequacy of consideration? 1. Courts generally consider the adequacy of consideration in determining whether to enforce a contract. 2. Courts consider the adequacy of consideration only if something is sold for less than 90% of i` ts market value. 3. Courts consider the adequacy of consideration only if something is sold for less than 80% of its market value. 4. Courts consider the adequacy of consideration only if something is sold for less than 70% of its market value. Q 13. Which of the following represents an accord and satisfaction? 1. When a dispute over an unliquidated debt is settled and is paid for less than the full amount 2. When a dispute over a liquidated debt is settled and paid for less than the full amount 3. When a dispute over an unliquidated debt is settled and paid for the full amount 4. When a dispute over a liquidated debt is settled and paid for the full amount http://www.studentwhiz.com
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