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Grand Canyon ACC 623/ ACC 623 Bus Law Quiz Module 4
Question
Question 1
4 out of 4 points
Wilson buys a lottery ticket at his local gas station. Wilson has accepted an offer for a
Answers:
A. bilateral contract.
B. unilateral contract.
C. void contract.
D. unenforceable contract.
Question 2
4 out of 4 points
Flo tells Ginger during a phone call that she will buy her textbook from last semester for $65. Ginger agrees. These parties have
Answers:
A. no contract.
B. an express contract.
C. an implied contract.
D. a quasi contract.
Question 3
4 out of 4 points
In negotiations with Coastal Distribution Company, Briggs Trucking, Inc., insists that their contract be drafted according to certain plain language laws. These laws concern the phrasing of
Answers:
A. contracts.
B. ads.
C. product instruction manuals.
D. documents of delivery.
Question 4
4 out of 4 points
Vernon claims that his contract with Ulani is voidable. If their contract is avoided
Answers:
A. both parties are released from it.
B. both parties must fully perform their obligations under it.
C. both parties agree to a wholly different contract.
D. a wholly different contract is imposed "as if" the parties had agreed.
Question 5
0 out of 4 points
Peter offers to pay Quik Delivery (QD) $50 if it picks up and delivers to him a package of business documents from Rico within thirty minutes. QD can accept the offer only by meeting the deadline. If QD performs as directed, these parties will have
Answers:
A. a bilateral contract.
B. a trilateral contract.
C. a unilateral contract.
D. no contract.
Question 6
4 out of 4 points
Jack promises to buy Lizette's used textbook for $60. Jack is
Answers:
A. an executor.
B. an offeree.
C. a promisee.
D. a promisor.
Question 7
4 out of 4 points
Demi promises to buy a house from Caleb, who promises to vacate the property on June 1. If these promises are in writing, they are most likely
Answers:
A. enforceable.
B. unenforceable.
C. void.
D. voidable.
Question 8
4 out of 4 points
Phil agrees to work for Vacation Resorts, Inc., as a chef. In determining whether a contract has been formed, an element of prime importance is
Answers:
A. the parties' intent.
B. Phil's rate of pay.
C. Phil's education.
D. the terms of Phil's employment.
Question 9
0 out of 4 points
GR8 Marketing Company and Brainfreeze Tunes, Inc., sign a document that states GR8 agrees to create a marketing campaign for Brainfreeze, which agrees to pay GR8 for the service. GR8 and Brainfreeze have
Answers:
A. an executed contract.
B. an express contract.
C. an implied contract.
D. a quasi contract.
Question 10
4 out of 4 points
Jim tells Dana that he will take her out to lunch on Thursday. Jim has made Dana a
Answers:
A. prediction.
B. promise.
C. bilateral contract.
D. void contract.
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