BMGT 380 Final Examination Question and Answers
BMGT 380 Final Examination Question and Answers.pdf
BMGT 380 Final Examination Question and Answers.pdf
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7. Reg offered to sell his motorcycle to Thelma for $8,000. Thelma replied, "Your<br />
price is too high. I will purchase your motorcycle for $7,000". Reg agreed <strong>and</strong><br />
they committed their agreement to writing. This transaction can be characterized<br />
as:<br />
a) An enforceable contract because Reg’s acceptance of Thelma’s offer was a<br />
clearly communicated acceptance.<br />
b) An enforceable contract because Thelma’s counteroffer was less than Reg’s<br />
original offer.<br />
c) An unenforceable contract because Thelma’s offer was not the mirror<br />
image of Reg’s original offer as is required under common law contract<br />
rules.<br />
d) An unenforceable contract unless either Reg or Thelma is a merchant, as<br />
defined by the UCC, because sale of personal property contracts are valid<br />
only if one of the parties to the contract is a merchant.<br />
8. Mary sued Don for negligence. Mary’s losses total $100,000. Under a<br />
contributory negligence system, if Mary is found to be contributorily negligent for<br />
her own injuries, what damages will Mary likely recover from Don?<br />
a) None.<br />
b) $100,000.<br />
c) $100,000 minus the percentage of fault (e.g., 20%, 60%, etc.) for which<br />
Mary was responsible.<br />
d) $100,000 minus the percentage of fault for which Mary was responsible, so<br />
long as Mary was not more than 50% responsible for the injuries.<br />
9. Ram was walking down the sidewalk by a construction project site in a<br />
downtown area. The project was owned <strong>and</strong> operated by Modern Construction,<br />
Inc. <strong>and</strong> was surrounded by orange plastic fencing typically used for construction<br />
projects. Ram stopped to watch a metal beam being lifted by a crane on the<br />
construction site. As the beam swung through the air, Ram thought it was going to<br />
fall <strong>and</strong> jumped forward quickly off the sidewalk <strong>and</strong> into the construction project<br />
property, falling into <strong>and</strong> smashing the orange plastic fencing. As Ram l<strong>and</strong>ed<br />
inside the construction project, the beam fell near Ram. The beam did not hit Ram<br />
but some rocks were thrown onto Ram as the beam fell, cutting his arm badly so<br />
that it required 35 stitches.<br />
If Ram sues Model Construction for negligence, the likely result will be that Ram<br />
will:<br />
a) Lose, because he assumed the risk as a trespasser on the construction site<br />
<strong>and</strong> trespassers can never recover damages.<br />
b) Lose, because pedestrians are always contributorily negligent in such cases<br />
involving trespassing.<br />
c) Win, because it is always foreseeable that a beam could fall on a nearby<br />
pedestrian.<br />
d) Win, if the beam fell because of Model Construction’s negligence.