United States Contracts Unit 2 Quiz
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- Question 1 of 20
1. Question
Which best completes the sentence?
A contract requires __________ and consideration.
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2. Question
Which choice best competes the sentence?
The court held that the buyer is __________ the seller for _____________ the contract.
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3. Question
Which best describes a model law?
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4. Question
Which of the following is most likely an unenforceable promise?
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5. Question
Which choice best completes the sentence?
Although Seller claims this event was _____, the rising cost of production was reasonably ________.
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6. Question
Which of the following best qualifies as an Act of God?
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7. Question
Which choice best completes the sentence?
Buyer must pay for the goods within ten days, ________ that if the goods are delivered between December 25 and January 1, Buyer may take an additional 14 days to complete payment.
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8. Question
Of the following, which choice has the closest meaning to the following sentence:
Any breach of a contractual obligation must be fixed within ten days of Buyer informing the Seller of this breach.
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9. Question
Under the common law, what is the legal result if a party purports to accept an offer but includes a term different from the offer?
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10. Question
Which of the following best summarizes the Statute of Frauds?
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11. Question
If an affidavit has been subscribed, what does that mean?
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12. Question
What does it mean if a contract action is subject to a six-year statute of limitation?
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13. Question
Which would be the best example of binding precedent on a New York trial court?
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14. Question
Which of the following has the closest meaning to “Plaintiff asked the court to rule that the contract is invalid?”
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15. Question
To which types of contracts does the UCC apply?
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16. Question
How would you read the following: 18 U.SC. ยง 1956?
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17. Question
Which of the following has the closest meaning to “Defendant failed to perform under the contract.”
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18. Question
Which of the following would most likely support a defense of impracticability if a buyer sued a seller for failing to deliver goods on time?
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19. Question
What is usually required to support a defense of unconscionability?
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20. Question
Which of the following is the best description of a “recital of consideration”?
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