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1. What is the fundamental difference between a 15.

Situation: Adam offers to mow Betty's lawn for $50,


unilateral contract and a bilateral contract, as but Betty declines the offer. What is the status of this
discussed in Chapter 1? situation?
A. The number of parties involved A. A valid contract
B. The promise made by one party B. A void contract
C. The consideration exchanged C. No contract exists
D. The legality of the contract D. An executed contract
2. In Chapter 2, what is a "voidable contract" and why 16. Situation: What is the primary purpose of the "mirror
might it be voided by one of the parties? image rule" in contract law?
3. According to Chapter 3, what are the key elements of A. To ensure both parties share the same reflection
a valid offer in a contract? B. To determine whether a contract is bilateral or
4. In Chapter 4, what is the significance of the "mirror unilateral
image rule" in the context of contract formation? C. To confirm that the acceptance matches the offer
5. Chapter 5 discusses the concept of "acceptance" in exactly
contracts. What is an acceptance and how can it be D. To establish the legality of the contract
communicated? 17. Situation: Lisa receives an email from Sam offering to
6. In Chapter 6, what is "consideration," and why is it a sell his antique watch for $1,000. If Lisa sends an
crucial element in a contract? email agreeing to the terms, what kind of contract is
7. According to Chapter 7, what is the difference formed?
between a "void" contract and a "voidable" contract? A. An oral contract
Provide an example of each. B. A written contract
8. Chapter 8 discusses "legality of the object" as a C. An implied contract
requirement for a valid contract. Explain this concept D. An electronic contract
and provide an example of an illegal contract. 18. Situation: In a contract, what is "mutual assent"? A.
9. What is "capacity" in the context of contract law, as An agreement between the parties regarding the
discussed in Chapter 9? How can a lack of capacity terms
affect a contract? B. The willingness of one party to accept a voidable
10. In Chapter 9, what are the key differences between an contract
"express contract" and an "implied contract"? Provide C. The intention to enter into a unilateral contract
examples of each. D. A contract that is valid without the need for
11. Situation: Sarah offers to sell her bicycle to John for acceptance
$100. John accepts the offer. What have they just 19. Situation: James offers to sell his car to Emily for
entered into? $5,000, and Emily agrees to the terms. If either party
A. A unilateral contract breaches the contract, what may result?
B. A bilateral contract A. A valid contract
C. A voidable contract B. Legal remedies for the non-breaching party C. A
D. An implied contract void contract
12. Situation: In a contract, what is the primary purpose of D. A bilateral contract
"consideration"? 20. Situation: What is the significance of an "express
A. To ensure the legality of the contract contract" as discussed in Chapter 1?
B. To establish the parties involved A. It is a contract formed through actions and conduct
C. To indicate acceptance of the offer rather than words.
D. To make the contract binding and enforceable B. It is a contract explicitly stated in writing.
13. Situation: Mark promises to pay Lisa $500 if she C. It is a contract formed through silence.
repairs his car by the end of the week. What type of D. It is a contract with unclear terms and conditions.
contract does this represent? 21. Chapter 2 - Offer and Acceptance Situation: Alex
A. A unilateral contract offers to sell his bicycle to Emily for $150. What is this
B. A bilateral contract offer called in contract law?
C. An executed contract A. Invitation to treat
D. A void contract B. Acceptance
14. Situation: Maria, a minor, enters into a contract to C. Offeror's promise
purchase a laptop. What is the legal status of this D. Counteroffer
contract? 22. Chapter 3 - Consideration Situation: In the context of
A. Valid and enforceable consideration, which of the following would likely
B. Voidable by Maria render a contract unenforceable?
C. Void due to the minor's involvement A. An exchange of promises
D. A valid contract with no exceptions B. A promise to donate to a charity
C. A promise of love and affection
D. A promise to pay a debt
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23. Chapter 4 - The Mirror Image Rule Situation: Sarah benefit of a third party under Chapter 9, but the
offers to sell her laptop to David, and David accepts parties intend to revoke the third party's rights?
but asks for an additional software package to be A. The third party can enforce the contract regardless
included. What is David's response? of the intent
A. A counteroffer B. The third party's rights are automatically revoked
B. An acceptance C. The contract becomes void
C. A voidable offer D. The contract is unenforceable
D. A unilateral contract 31. Offer and Acceptance in Contract Law Situation:
24. Chapter 5 - Acceptance and Communication Sarah posts an advertisement to sell her bicycle for
Situation: Chris sends an email to Maria offering to $200. John sees the ad and decides to buy it at the
sell his car. What is required for Maria's acceptance to advertised price. What is John's action considered in
be effective? contract law?
A. Maria must send a letter in response A. An offer
B. Maria must think about the offer for 24 hours B. An acceptance
C. Maria must communicate her acceptance in a C. A counteroffer
manner requested by Chris D. A revocation
D. Maria's acceptance is effective immediately upon 32. Situation: In contract law, which of the following is
receiving the email. generally considered an invitation to treat rather than
25. Chapter 6 - Capacity Situation: Which of the following a binding offer?
is an example of a party lacking capacity to enter into A. An advertisement in a newspaper
a contract? B. An acceptance of an offer
A. A minor buying a car C. A signed contract
B. An adult with sound mind and body D. An offer made in a formal letter
C. A business owner entering a commercial lease 33. Situation: Sam offers to sell his smartphone to Alice
D. A senior citizen making a simple purchase for $300. Alice replies, "I can buy it for $250." What is
26. Chapter 7 - Legality Situation: Which of the following Alice's response considered in contract law?
contracts would be considered void due to illegality? A. An offer
A. A contract to provide gardening services B. An acceptance
B. A contract to sell illegal drugs C. A counteroffer
C. A contract to paint a house D. A rejection
D. A contract to provide legal advice 34. Situation: Mark offers to sell his car to Emily for
27. Chapter 8 - Express and Implied Contracts Situation: $5,000, and Emily accepts the offer. What is this
Sarah takes her car to a mechanic for repairs without combination of offer and acceptance called in contract
discussing the cost. Which type of contract is most law?
likely to apply in this situation? A. A unilateral contract
A. Express contract B. A bilateral contract
B. Implied contract C. A void contract
C. Void contract D. An unenforceable contract
D. Executed contract 35. Situation: Which of the following is not an essential
28. Chapter 9 - Third-Party Rights Situation: Tom and element of a valid offer in contract law?
Jerry enter into a contract to build a treehouse, with A. Clear and definite terms
the treehouse intended as a gift for Tom's son. Who is B. Intention to be legally bound
the third party in this contract? C. Communication of the offer
A. Tom D. Acceptance by the offeree
B. Jerry 36. Situation: In contract law, what is the primary function
C. Tom's son of the mirror image rule?
D. A neighbor who watches the construction A. To ensure the offeror's sincerity
29. Chapter 9 - Third-Party Rights Situation: When can a B. To ensure both parties share the same reflection
third party beneficiary enforce a contract according to C. To confirm that the acceptance matches the offer
Chapter 9? exactly
A. Only if they are specifically mentioned in the D. To prevent the formation of bilateral contracts
contract 37. Situation: What is an offeror's right to revoke an offer
B. Never, as third parties have no rights in contracts in contract law?
C. When the contract clearly confers the right to A. Irrevocable offer
enforce it on the third party B. Option contract
D. At any time without restriction C. Counteroffer
30. Chapter 9 - Third-Party Rights Situation: What D. Acceptance
happens when a contract is made for the direct

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38. Situation: Mary offers to sell her rare book to Jack for A. A promise to do something
$100. Before Jack can accept, Mary sells the book to B. A promise to do something one is already obligated
someone else. What is the status of this offer? to do
A. Accepted C. A promise to refrain from doing something
B. Revoked D. A promise to donate to a charity
C. Rejected 47. Situation: James promises to pay his friend Tom $50 if
D. Valid Tom stops smoking for a month. What type of
39. Situation: Sarah offers to sell her laptop to David for consideration is this?
$500. David decides not to respond to the offer. Is A. Legal consideration
there a valid contract between them? B. Past consideration
A. Yes, a unilateral contract C. Moral obligation
B. Yes, a bilateral contract D. Gratuitous promise
C. No, as there was no acceptance 48. Situation: In a contract, what is the difference between
D. No, as Sarah's offer was a counteroffer "bilateral consideration" and "unilateral
40. Situation: If an offer specifies a deadline for consideration"?
acceptance and the offeree fails to accept within that A. Bilateral consideration involves promises from both
timeframe, what is the status of the offer? parties; unilateral consideration involves a promise
A. The offer is automatically revoked. from one party.
B. The offer remains valid indefinitely. B. Bilateral consideration is the same as unilateral
C. The offeree can accept the offer at any time. consideration.
D. The offer becomes a counteroffer. C. Bilateral consideration involves a single promise
41. Consideration in Contract Law Situation: Emma from one party; unilateral consideration involves
promises to pay Robert $500 if he helps her move to multiple promises.
a new apartment. Robert agrees and provides his D. There is no difference; the terms are
assistance. What is this exchange called in contract interchangeable.
law? 49. Situation: What is the term for a contract where one
A. An illusory promise party provides consideration, but the other party's
B. A unilateral contract promise is purely voluntary and not supported by
C. A gift promise consideration?
D. Consideration A. An executory contract
42. Situation: In contract law, what is a promise to do B. A voidable contract
something that one is already obligated to do, C. A contract under duress
whether by law or prior agreement? D. A gratuitous contract
A. Past consideration 50. Situation: In contract law, what is a "pre-existing
B. Gratuitous promise duty"?
C. Illusory promise A. A duty that arises as a result of a new contract
D. Legal detriment B. A duty that one party is already obligated to
43. Situation: What is the primary purpose of perform
consideration in a contract? C. A duty that is unrelated to the contract
A. To ensure the legality of the contract D. A duty that can be revoked at any time
B. To establish the parties involved 51. The Mirror Image Rule in Contract Law Situation:
C. To validate the contract Sarah offers to sell her laptop to David for $500.
D. To make the contract binding and enforceable David accepts the offer, but he also asks Sarah to
44. Situation: Maria agrees to paint John's house for include a laptop bag for no additional charge.
$1,000, and John agrees to pay Maria upon According to the mirror image rule, which of the
completion of the job. What is this an example of in following is true?
contract law? A. The contract is void.
A. A bilateral contract B. The contract is valid with the additional item.
B. A unilateral contract C. David's response is a counteroffer.
C. A void contract D. The contract is automatically revoked.
D. An executed contract 52. Situation: The mirror image rule is primarily
45. Situation: If a contract lacks consideration, it is concerned with which aspect of a contract?
typically considered: A. The consideration exchanged
A. Valid and enforceable B. The legality of the contract
B. Voidable C. The acceptance matching the offer exactly
C. Unenforceable D. The capacity of the parties
D. Automatically revoked 53. Situation: In contract law, if an acceptance does not
46. Situation: Which of the following does not constitute mirror the offer exactly, what is the result according to
valid consideration in contract law? the mirror image rule?
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A. The acceptance is valid, and the contract is 62. Acceptance and Communication in Contract Law
binding. Situation: Jack offers to sell his smartphone to Alice
B. The contract is void. for $300. Alice sees the offer and decides to accept
C. The acceptance is considered a rejection of the the terms. However, Alice never communicates her
offer. acceptance to Jack. What is the status of this
D. The parties must renegotiate the contract terms. situation?
54. Situation: What is the primary purpose of the mirror A. A valid contract
image rule in contract law? B. A void contract
A. To ensure both parties share the same reflection. C. No contract exists
B. To confirm that the acceptance matches the offer D. A unilateral contract
exactly. 63. Situation: In contract law, what is the primary purpose
C. To establish the legality of the contract. of the requirement for acceptance to be
D. To determine the capacity of the parties. communicated?
55. Situation: Mark offers to sell his car to Emily for A. To ensure both parties share the same reflection
$5,000, and Emily accepts but asks for an additional B. To confirm that the acceptance matches the offer
stereo system to be included. According to the mirror exactly
image rule, what is Emily's response? C. To protect the offeree's rights and prevent
A. A counteroffer misunderstandings
B. An acceptance D. To establish the legality of the contract
C. A voidable offer 64. Situation: What is the term for a contract that arises
D. An executed contract when the offeree performs the act requested by the
56. Situation: In contract law, when both parties to a offeror, as specified in the offer?
contract exchange promises to perform, it is usually A. A bilateral contract
considered a: B. A unilateral contract
A. Bilateral contract C. A void contract
B. Unilateral contract D. A revocation
C. Voidable contract 65. Situation: In contract law, what is the significance of
D. Executed contract the mailbox rule?
57. Situation: If an acceptance under the mirror image A. It dictates the location where offers must be
rule introduces new terms not present in the original accepted.
offer, what is the legal status of those new terms? B. It establishes the timeframe for acceptance to be
58. A. They are automatically accepted as part of the communicated.
contract. C. It governs the formation of electronic contracts.
B. They are considered a counteroffer. D. It concerns the timing of acceptance via mail or
C. They are unenforceable. similar means.
D. They are irrelevant to the contract. 66. Situation: Maria sends an email to John offering to sell
59. Situation: Maria offers to sell her car to John for her laptop for $500. John immediately responds by
$8,000, and John replies, "I will buy it for $7,000." email, accepting the offer. What is the status of this
What is John's response considered under the mirror contract formation?
image rule? A. A valid electronic contract
A. An acceptance B. A void contract
B. A counteroffer C. A unilateral contract
C. A voidable offer D. A contract under duress
D. An executed contract 67. Situation: If an offer specifies a deadline for
60. Situation: If an acceptance exactly matches the terms acceptance, and the offeree communicates their
of the offer, what is the result according to the mirror acceptance after that deadline, what is the result
image rule? according to contract law?
A. The contract is automatically revoked. A. The offer is automatically revoked.
B. The contract is void. B. The acceptance is valid, and the contract is
C. The contract is valid and binding. binding.
D. The acceptance is considered a counteroffer. C. The acceptance is considered a counteroffer.
61. Situation: Under the mirror image rule, if one party D. The offeree must renegotiate the terms of the offer.
revokes their offer before the other party accepts, 68. Situation: What is the term for a situation in which the
what is the status of the contract? acceptance is valid only when the offeree performs
A. The contract is automatically revoked. the act requested by the offeror?
B. The contract is valid and binding. A. Bilateral acceptance
C. The contract is voidable by the offeror. B. Unilateral acceptance
D. The contract becomes a unilateral contract. C. Implied acceptance
D. Express acceptance
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69. Situation: In a contract, what is the significance of the 77. Situation: What is the primary concern of the law
"mailbox rule" when communication is via mail? regarding contracts with parties who lack capacity?
A. Acceptance is valid only when received by the A. To protect the rights of the party with capacity
offeror. B. To maximize the enforceability of contracts
B. Acceptance is valid when sent, even if not yet C. To prevent contracts from being voided
received. D. To protect parties who may be vulnerable
C. Acceptance is valid only when confirmed by a 78. Situation: In the context of contractual capacity, what
courier. is the term for a party who is intoxicated at the time of
D. Acceptance is void if sent by regular mail. contract formation and lacks the ability to understand
70. Situation: When can an offeree typically revoke their the consequences?
acceptance in contract law? A. Minor
A. Anytime before the offeror communicates their B. Adult
acceptance. C. Intoxicated person
B. Anytime after the offeror communicates their D. Sound mind
acceptance. 79. Situation: A contract involving an intoxicated person is
C. Only when the acceptance is sent by regular mail. typically voidable if:
D. Only when the acceptance is made via email. A. The intoxicated person was aware of the contract's
71. Situation: What is the term for a contract that arises terms.
when the offeree accepts an offer but still has the B. The intoxicated person consumed alcohol
option to revoke their acceptance before performance voluntarily.
is completed? C. The other party was also intoxicated.
A. Bilateral contract D. The contract involved the sale of real estate.
B. Unilateral contract 80. Situation: In contract law, what is the term for a
C. Voidable contract person who has a mental illness or cognitive
D. Executed contract impairment that prevents them from understanding
72. Capacity in Contract Law Situation: Sarah, a minor, the nature and consequences of a contract?
enters into a contract to purchase a laptop. What is A. Adult
the legal status of this contract? B. Intoxicated person
A. Valid and enforceable C. Minor
B. Voidable by Sarah D. Person of unsound mind
C. Void due to the minor's involvement 81. Situation: In contract law, when a person regains their
D. A valid contract with no exceptions mental capacity after entering into a contract during a
73. Situation: In contract law, what is the term for the period of incapacity, what is their typical recourse?
mental capacity to understand the nature and A. They can void the contract within a reasonable
consequences of a contract? time.
A. Legal capacity B. The contract is automatically terminated.
B. Age of majority C. They can enforce the contract without any
C. Contractual capacity limitations.
D. Capacity of assent D. The contract remains valid and binding.
74. Situation: Which of the following is a common 82. Legality of Object in Contract Law Situation: Tom
example of a party who lacks contractual capacity? offers to pay Jerry $1,000 if Jerry assists him in a
A. An adult of sound mind fraudulent scheme to deceive customers. Jerry
B. A minor accepts the offer. What is the legal status of this
C. A business owner contract?
D. A professional athlete A. Valid and enforceable
75. Situation: What is the term for a contract in which a B. Voidable by Tom
minor chooses to enforce, rather than void, despite C. Void due to illegal object
their capacity to void it? D. A valid contract with no exceptions
A. Executed contract 83. Situation: In contract law, what is the primary purpose
B. Void contract of ensuring the legality of the object of a contract?
C. Ratified contract A. To protect the rights of the offeror
D. Voidable contract B. To maximize the enforceability of contracts
76. Situation: In contract law, what happens to a contract C. To ensure that contracts do not promote illegal
if one party lacks the mental capacity to understand it activities
at the time of formation? D. To prevent contracts from being voided
A. The contract is void. 84. Situation: Which of the following is not an example of
B. The contract is valid. an illegal object in a contract?
C. The contract is automatically revoked. A. A contract to sell illegal drugs
D. The contract is unenforceable. B. A contract to provide legal advice
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C. A contract to engage in prostitution A. An express contract
D. A contract to commit a crime B. An implied contract
85. Situation: In contract law, if a contract has an illegal C. A void contract
object, what is the typical legal status of that contract? D. A unilateral contract
A. The contract is voidable. 93. Situation: In contract law, what is the primary
B. The contract is valid and enforceable. difference between an express contract and an
C. The contract is void and unenforceable. implied contract?
D. The contract remains valid if it benefits the offeror. A. An express contract is created through written or
86. Situation: A contract to perform an illegal act is void spoken words, while an implied contract is inferred
and unenforceable. However, what if only part of the from the parties' conduct.
contract is illegal? What is the typical result? B. An express contract is created through conduct,
A. The entire contract is void. while an implied contract is created through written or
B. The entire contract is voidable. spoken words.
C. The legal portion of the contract is enforceable. C. An express contract is always enforceable, while
D. The illegal portion is enforced, and the legal portion an implied contract is not.
is voided. D. An express contract can only be formed in writing.
87. Situation: In contract law, what is the term for a 94. Situation: Maria hires Mark to deliver a package to her
situation where one party is aware of the illegal client's office. Although they did not discuss the price,
object, but the other party is not? Maria agrees to pay Mark his usual fee. What type of
A. A void contract contract is this?
B. A voidable contract A. An express contract
C. A bilateral contract B. An implied contract
D. A unilateral contract C. A unilateral contract
88. Situation: What is the term for a contract that is D. A void contract
created with the intent to commit an illegal act but is 95. Situation: In an implied contract, the terms and
never actually carried out? conditions are typically inferred from:
A. An executed contract A. The express statements of the parties involved.
B. A void contract B. The written terms of the contract.
C. A voidable contract C. The parties' conduct and actions.
D. An unenforceable contract D. The presence of witnesses during contract
89. Situation: In contract law, when a party enters into a formation.
contract with the intent to commit an illegal act, but 96. Situation: A customer goes to a restaurant and orders
later changes their mind and does not carry out the a meal. Although the customer did not discuss the
act, what is the legal status of the contract? price with the server, they are aware that they will be
A. The contract is automatically voided. charged for their meal. What type of contract is this?
B. The contract is valid and enforceable. A. An express contract
C. The contract is voidable by the party who intended B. An implied contract
to commit the illegal act. C. A void contract
D. The contract is void and unenforceable. D. A unilateral contract
90. Situation: In some cases, a court may choose to 97. Situation: In contract law, what is the term for a
enforce a contract that involves an illegal object to contract in which one party has already performed
prevent "unjust enrichment." What is the term for this their part of the agreement, and the other party is
principle? obligated to perform upon acceptance?
A. The unclean hands doctrine A. A bilateral contract
B. The equitable remedy B. An executed contract
C. The doctrine of illegality C. An implied contract
D. The doctrine of unjust enrichment D. A unilateral contract
91. Situation: In a contract involving an illegal object, if 98. Situation: If a contract is partially express and partially
one party has already performed their part of the implied, how are the terms typically determined?
contract, what is the typical legal outcome? A. Only the express terms are considered.
A. The performing party must repay the other party. B. Only the implied terms are considered.
B. The entire contract is voided. C. The terms are based on what is customary for the
C. The performing party may seek restitution. specific type of contract.
D. The contract remains valid and binding. D. The terms are determined by the court.
92. Express and Implied Contracts in Contract Law 99. Situation: In an express contract, which of the
Situation: Sarah takes her car to a mechanic for following is typically not required for the contract to be
repairs without discussing the cost or any terms in valid?
writing. The mechanic performs the repairs and A. Clear and definite terms
presents a bill. What type of contract is this? B. A written agreement
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C'. The intention to create a contract B. An intended third-party beneficiary
D. Mutual assent C. A collateral beneficiary
100.Situation: In contract law, what is the term for a D. An incidental beneficiary
contract that is created through the actions and 108.Situation: In a contract, what is the term for a
conduct of the parties involved, rather than through third-party beneficiary who has the right to enforce the
written or spoken words? contract only if they meet certain conditions?
A. An express contract A. An intended beneficiary
B. An executed contract B. An incidental beneficiary
C. An implied contract C. A vested beneficiary
D. A void contract D. A creditor beneficiary
101.Situation: If a dispute arises over the terms of an 109.Situation: If the original parties to a contract intend to
express contract, what is typically the best evidence revoke the rights of a third-party beneficiary, what is
of the parties' intentions? the typical legal outcome?
A. The conduct and actions of the parties A. The third-party beneficiary can still enforce the
B. The oral statements made by one of the parties contract.
C. The written terms of the contract B. The third-party beneficiary's rights are
D. The presence of witnesses during contract automatically revoked.
formation C. The contract is automatically voided.
102.Third-Party Rights in Contract Law Situation: Tom and D. The contract is unenforceable.
Jerry enter into a contract to build a treehouse, with 110. Situation: In contract law, what is the term for a
the treehouse intended as a gift for Tom's son. Who is third-party beneficiary who has a legal interest in the
the third party in this contract? contract being performed?
A. Tom A. A vested beneficiary
B. Jerry B. An intended beneficiary
C. Tom's son C. An incidental beneficiary
D. A neighbor who watches the construction D. A collateral beneficiary
103.Situation: In contract law, what is the term for a third 111. Situation: If a contract is formed primarily for the
party who benefits from a contract even though they benefit of a third party, who is the intended
are not a party to it? beneficiary, what is the legal status of the contract?
A. A collateral party A. The contract is automatically void.
B. A bystander B. The contract is unenforceable.
C. A third-party beneficiary C. The contract is valid and binding.
D. An intermediary D. The contract is voidable by the original parties.
104.Situation: When can a third-party beneficiary enforce
a contract according to Chapter 9?
A. Only if they are specifically mentioned in the
contract
B. Never, as third parties have no rights in contracts
C. When the contract clearly confers the right to
enforce it on the third party
D. At any time without restriction
105.Situation: What is the term for a third-party beneficiary
who can enforce a contract for their own benefit?
A. An incidental beneficiary
B. An intended third-party beneficiary
C. A party with a vested interest
D. A collateral beneficiary
106.Situation: In a contract, what is the term for a third
party who was not intended to benefit from the
contract but may incidentally benefit from it?
A. A third-party beneficiary
B. An intended beneficiary
C. An incidental beneficiary
D. A vested beneficiary
107.Situation: Maria contracts with a construction
company to build a new park in her neighborhood for
the benefit of the community. What type of beneficiary
is the community in this situation?
A. A third-party beneficiary
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Chapter 1 to Chapter 9 of Title 2 Contracts (50-item exam): ​ B. Anytime after the offeror communicates their
Answers for the 50-item exam were not provided individually, acceptance.
as it was a more extensive request. However, I can provide ​ D. The contract is void and unenforceable.
answers for specific questions if you point out which ones Chapter 6 Title 2 (10-item exam):
you'd like to know more about. ​ B. Voidable by Sarah
Chapter 1 Title 2 (10-item exam): Answers for the 10-item ​ C. Contractual capacity
exam were not provided individually, but I can provide answers ​ B. A minor
for specific questions upon request. ​ C. Ratified contract
Chapter 2 Title 2 (10-item exam): ​ B. The contract is valid.
​ B. An acceptance ​ D. To protect parties who may be vulnerable
​ A. An advertisement in a newspaper ​ A. Intoxicated person
​ C. A counteroffer ​ A. The intoxicated person was aware of the contract's
​ B. A bilateral contract terms.
​ D. Acceptance by the offeree ​ D. Person of unsound mind
​ C. To confirm that the acceptance matches the offer exactly ​ A. The contract is automatically voided.
​ A. Irrevocable offer Chapter 7 Title 2 (10-item exam):
​ B. Revoked ​ C. Void due to illegal object
​ C. No, as there was no acceptance ​ C. To ensure that contracts do not promote illegal activities
​ A. The offer is automatically revoked. ​ C. The contract is void and unenforceable
Chapter 2, 3, 4, 5, 6, 7, 8, and 9 (10-item exam): Answers for ​ D. The illegal portion is enforced, and the legal portion is
the 10-item exam were not provided individually, but I can voided.
provide answers for specific questions upon request. ​ D. A vested beneficiary
Chapter 2 Title 2 (10-item exam): Answers for the 10-item ​ C. A collateral beneficiary
exam were not provided individually, but I can provide answers ​ B. The contract is valid and enforceable
for specific questions upon request. ​ D. The contract is void and unenforceable
Chapter 3 Title 2 (10-item exam): ​ A. The doctrine of unjust enrichment
​ D. Consideration ​ C. The contract remains valid and binding.
​ A. Past consideration Chapter 8 Title 2 (10-item exam):
​ B. Gratuitous promise ​ B. An implied contract
​ B. A unilateral contract ​ A. An express contract is created through written or
​ D. Acceptance by the offeree spoken words, while an implied contract is inferred from
​ A. Legal consideration the parties' conduct.
​ D. Gratuitous promise ​ A. An express contract
​ A. Bilateral consideration ​ D. The written terms of the contract
​ D. A gratuitous contract ​ A. An express contract
​ A. The contract is automatically revoked. ​ B. An implied contract
Chapter 4 Title 2 (10-item exam): ​ C. A unilateral contract
​ C. A counteroffer ​ A. Clear and definite terms
​ C. To protect the offeree's rights and prevent ​ C. An implied contract
misunderstandings ​ C. The written terms of the contract.
​ C. The contract is considered a rejection of the offer Chapter 9 Title 2 (10-item exam):
​ B. To confirm that the acceptance matches the offer ​ C. Tom's son
exactly ​ C. A third-party beneficiary
​ A. A counteroffer ​ C. When the contract clearly confers the right to enforce it
​ A. A bilateral contract on the third party
​ B. They are considered a counteroffer ​ B. An intended third-party beneficiary
​ B. A counteroffer ​ C. An incidental beneficiary
​ C. The contract is valid and binding ​ B. An intended beneficiary
​ A. The contract is automatically revoked. ​ D. A creditor beneficiary
Chapter 5 Title 2 (10-item exam): ​ A. The third-party beneficiary can still enforce the contract.
​ C. No contract exists ​ A. A vested beneficiary
​ C. To protect the offeree's rights and prevent ​ C. The contract is valid and binding.
misunderstandings
​ B. A unilateral contract
​ D. The presence of witnesses during contract formation.
​ B. A unilateral contract
​ B. The acceptance is valid, and the contract is binding.
​ A. Bilateral acceptance
​ B. Acceptance is valid when sent, even if not yet received.
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