LAW 575 Final Exam University Of Phoenix Pdf Download @ Studentehelp

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http://www.studentehelp.com/ 12) Which of the following is true regarding the adequacy of consideration? • Courts generally consider the adequacy of consideration in determining whether to enforce a contract. • Courts consider the adequacy of consideration only if something is sold for less than 90% of its market value. • Courts consider the adequacy of consideration only if something is sold for less than 80% of its market value. • Courts consider the adequacy of consideration only if something is sold for less than 70% of its market value. 13) Which of the following represents an accord and satisfaction? • When a dispute over an unliquidated debt is settled and is paid for less than the full amount • When a dispute over a liquidated debt is settled and paid for less than the full amount • When a dispute over an unliquidated debt is settled and paid for the full amount • When a dispute over a liquidated debt is settled and paid for the full amount
14) Jenny works at a Mexican fast-food restaurant, which is owned by an international company located in Mexico. Jenny is very angry with her supervisor, Sleaze, as he has been making inappropriate sexual comments to her and other employees. Jenny decides to sue and retains a lawyer, Brice. Brice talks with the owners of the restaurant and is informed that Jenny signed an agreement to arbitrate any claims. Jenny also informed Brice about other employees who had complained about sexual harassment and entered into mediation agreements. Brice promises her that he will get copies of all documents and everything that was taken down by the court reporter at those mediations. Brice also tells Jenny that, while he is not going to bring it up now, if they so choose, Brice and Jenny can avoid the arbitration agreement, because under a new federal law, such agreements cannot be enforced if one of the companies involved is internationally based. He also tells Jenny in response to her question about the possibility of mediation in her case to forget it, because mediation is pretty much the same thing as arbitration. Brice tells Jenny that an option is to arbitrate and, if the outcome is bad at arbitration, she can file a court action in federal court. Brice says that the federal court judge would not consider an arbitrator's decision in making a determination. Assume the Uniform Mediation Act provisions apply. Can Brice obtain information from the previous mediators regarding what occurred at the previous mediations? • Yes, but only if a court reporter was present. • He can get accounts of statements, but not copies of written documents. • He can get the information only if the mediators in the other cases want to cooperate. • He cannot get copies of documents or accounts of what was said from the mediator. http://www.studentehelp.com/
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