PRETEST 2 
PRETEST
QUESTION 1
Which of the following contracts must be written according to the statute of frauds:
A PRENUPTIAL AGREEMENT
A contract for a $300.00 automobile
A contract to paint a house
A contract to wash someone's car
5 points
QUESTION 2
John offers to sell his car to Mary for $5000 and Mary responds, saying "I'll give you $4500." Mary's statement constitutes a(n)
COUNTEROFFER.
revocation of the offer.
acceptance.
modification.
5 points
QUESTION 3
A contract made by a minor is
VOIDABLE.
always void.
unconscionable.
illegal.
5 points
QUESTION 4
Which of the following must be made in writing to be enforceable?
CONTRACTS FOR THE SALE OF LAND
contracts with minors
unilateral contracts
sales contracts
5 points
QUESTION 5
In the absence of a contact complete with offer, acceptance, and consideration, a court may enforce a promise under the principle of promissory estoppel where
THE PROMISOR INDUCED DETRIMENTAL RELIANCE ON THE PROMISE.
the promisor created an unconscionable contract.
the promisee was unaware of the promise
performance is impossible.
5 points
QUESTION 6
Monetary damages include
5 points
QUESTION 7
Reformation of a written contract is appropriate where
an inadvertent mistake was made in writing the contract
agreement was induced by misrepresentation
one of the parties was intoxicated when signing the contract.
both parties have breached the contract.
5 points
QUESTION 8
____ is a remedy requiring a breaching party to carry out the terms of the contract.
SPECIFIC PERFORMANCE
Injunctive relief
Rescission
Reformation
5 points
QUESTION 9
An attorney cannot enter into a business transaction with a client unless:
5 points
QUESTION 10
Which of the following is an accurate list of the essential elements of a contract?
OFFER, ACCEPTANCE, CONSIDERATION, CAPACITY, LEGALITY
Offer, rejection, consideration, capacity, legality
Offer,
QUESTION 1
Which of the following contracts must be written according to the statute of frauds:
A PRENUPTIAL AGREEMENT
A contract for a $300.00 automobile
A contract to paint a house
A contract to wash someone's car
5 points
QUESTION 2
John offers to sell his car to Mary for $5000 and Mary responds, saying "I'll give you $4500." Mary's statement constitutes a(n)
COUNTEROFFER.
revocation of the offer.
acceptance.
modification.
5 points
QUESTION 3
A contract made by a minor is
VOIDABLE.
always void.
unconscionable.
illegal.
5 points
QUESTION 4
Which of the following must be made in writing to be enforceable?
CONTRACTS FOR THE SALE OF LAND
contracts with minors
unilateral contracts
sales contracts
5 points
QUESTION 5
In the absence of a contact complete with offer, acceptance, and consideration, a court may enforce a promise under the principle of promissory estoppel where
THE PROMISOR INDUCED DETRIMENTAL RELIANCE ON THE PROMISE.
the promisor created an unconscionable contract.
the promisee was unaware of the promise
performance is impossible.
5 points
QUESTION 6
Monetary damages include
5 points
QUESTION 7
Reformation of a written contract is appropriate where
an inadvertent mistake was made in writing the contract
agreement was induced by misrepresentation
one of the parties was intoxicated when signing the contract.
both parties have breached the contract.
5 points
QUESTION 8
____ is a remedy requiring a breaching party to carry out the terms of the contract.
SPECIFIC PERFORMANCE
Injunctive relief
Rescission
Reformation
5 points
QUESTION 9
An attorney cannot enter into a business transaction with a client unless:
5 points
QUESTION 10
Which of the following is an accurate list of the essential elements of a contract?
OFFER, ACCEPTANCE, CONSIDERATION, CAPACITY, LEGALITY
Offer, rejection, consideration, capacity, legality
Offer,