Mars orders a non-customized good from Lars. The contract is for the good and service, so it’s a mixed/hybrid sale. The predominant purpose of the transaction is the furnishing of a service. Mars sues Lars because he is unhappy with the good, not the service. Which is true?
Category: Uncategorized
Phil agrees to paint Jason’s house for $5,000. Halfway throu…
Phil agrees to paint Jason’s house for $5,000. Halfway through the job, Phil offers to paint Jason’s shed for an additional $2,000. Regarding the extra $2,000, which is true?
Ira created a new machine, the very first of its kind. In or…
Ira created a new machine, the very first of its kind. In order to be granted exclusive rights to his/her invention, Ira would apply for a _______ from a/the ________.
On Monday, Bill promises Ted that he will pay Ted $100 if Te…
On Monday, Bill promises Ted that he will pay Ted $100 if Ted mows his lawn the following Thursday. Thus, their contract is ___________.
Taylor offers to sell her house to Dre, telling Dre that she…
Taylor offers to sell her house to Dre, telling Dre that she bought the house from Beyonce. In fact, she did not buy the house from Beyonce. But she convinced Dre that she did, by forging a house-sale contract and deed. Convinced that Beyonce used to own the house, Dre buys the house. Later, if Dre learns that Taylor lied to him about the house and wants a court to excuse him from the contract, what is his best defense?
Patricia creates a sculpture. She then creates a fake docume…
Patricia creates a sculpture. She then creates a fake document stating that she bought the sculpture for $5,000. With this document, she convinces Reggie to buy the sculpture for $6,000. Soon thereafter, Reggie finds out the document was a fake. He wants Patricia to give him back his money. Patricia refuses. Which of the following document is Reggie’s best chance for getting back his money?
Pine Woods Buck and Bite is a company that offers customized…
Pine Woods Buck and Bite is a company that offers customized hunting and fishing trips in East Texas. When the three founders of the company founded the company, they wanted a business structure that would allow each of the three of them to take part in running the company, but they did not want to be subject to personal liability. They also did not want to face double taxation. Which form of business did they desire?
Joe and Molly have the same boring business-law class at 2:3…
Joe and Molly have the same boring business-law class at 2:30 PM. Before class begins on Monday, Joe tells Molly he will give her $10 when class is over. Molly replies, “Thanks, Joe! You’re the best!” After class, Joe refuses to give Molly $10, Molly tells Joe he’s the worst, and Joe leaves the classroom. Which is true?
Trevor is 30 years old. He has smoked one pack of cigarettes…
Trevor is 30 years old. He has smoked one pack of cigarettes per day every day since he was 25 years old. The legal smoking age in his state is 21. His friend, Betty, wants Trevor to quit smoking, so she promised him $5,000 if he did not smoke a cigarette for 6 months. Relying on this promise, Trevor stopped smoking, and he did not smoke a single cigarette for the next 6 months. Trevor went to Betty to get his money, but Betty refused to pay, saying their agreement was not supported by mutual consideration. Is Betty correct?
Jose and Gabrielle have an express contract with each other,…
Jose and Gabrielle have an express contract with each other, which necessarily means that they put their agreement in writing.