LAWS 310 Week 6 Quiz

LAWS 310 Week 6 Quiz | Assignment Help | Devry University

 Week 6 Quiz

Question 1

10 / 10 pts

(TCO 6) An _______________________ is a contract that courts refuse to enforce in part or at all because it is so oppressive or manifestly unfair as to be unjust.

Question 2

10 / 10 pts

(TCO 6) A contract entered into by way of exchange of promises of the parties is known as a ________________.

Question 3

0 / 10 pts

(TCO 7) Pursuant to the ________________ any prior or contemporaneous oral or written statements that alter, contradict or are in addition to the terms of the written contract are inadmissible in any court proceeding concerning the contract.

Question 4

10 / 10 pts

(TCO 6) A contractual provision that relieves one or both of the parties to a contract from tort liability for ordinary negligence is known as an ________________________.

Question 5

15 / 15 pts

(TCO 6) Explain the basic requirements that must be met for a contract to be enforceable.

Question 6

15 / 15 pts

(TCO 6) What are the elements of promissory estoppel? Provide an example to illustrate them.

Question 7

15 / 15 pts

(TCO 7) Discuss a situation where a legal right can be assigned to a third party, and provide an example.

Question 8

10 / 15 pts

(TCO 6) When Juanita was growing up her uncle always told her that when she graduated from college, he would buy her a new car. Juanita never forgot this so when she graduated from DeVry University she sent her uncle a letter and told him about her graduation and asked him when he was going to take her car shopping? Her uncle responded by telling her that he was retired and did not have money to buy her a car but that he was very proud of her and he enclosed a $100 gift card to Amazon. Juanita had always counted on her uncle’s promise to her so she sued him for breach of contract. Will she prevail? Why or why not?