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At a party in Hollywood, Gunner, a non-famous guest tells a representative from a national sportswear company that he works for Michael, the most famous basketball player of all time. Michael doesn’t know Gunner and has no idea about his interaction at the party with the sportswear company. The company and Gunner agree to a sponsorship deal between the company and Michael. At the moment the sponsorship agreement is made, which is true?

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. Dre never learns that Beyonce didn’t own the house. Two years later, Dre sells the house to Snoop, telling Snoop that Beyonce used to own the house. Later, if Snoop learns that Beyonce never owned the hosue and wants a court to excuse him from the contract, what is his best defense?

The McDonald’s logo (the Golden Arches) is a symbol that distinguishes McDonald’s from other businesses, and McDonald’s has the exclusive right to use that symbol, because that symbol is a ______________.

Piney Woods Pops is a company that sells popsicles that have (popsicle) sticks made from East Texas pine trees. It is registered as a Texas corporation. Is it subject to double taxation?

Hayden asks Greg to execute a contract with Barry on Hayden’s behalf. Greg does so, per Hayden’s instructions. Which of the following is true?

Whitt and Jamie open a home-decorating business. Each can take part in operating the business. They agree to share in any profits equally. They file a formation document with their state that registers their business as one that limits/caps their business’s liability at the amount of the assets that the business has, and states that each will be own a membership interest in the business. Which type of business do Whitt and Jamie have?

Kenny needs a new guitar to play. Garth, a merchant seller of guitars, tells Kenny that he “cannot say enough great things” about the guitar that Kenny is trying out on the guitar-store floor. Kenny loves the way it feels and plays, but he wants a different color and asked if they have his preferred color in stock. They do, and Garth brings the guitar out from the stock room. Garth tells Kenny that the guitar is “as fine of a guitar as I have ever sold.” Kenny decides to buy. Which is true?

A judge believes the negotiations that led to the contract between Lou and Pilar were totally fair to each party. She also believes the terms in the contract are shockingly unfair to Pilar, that the terms are not ones she (the judge) can allow to remain. In the judge’s view, then, which is/are present?

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?

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?