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When there is an accord and satisfaction, when are the duties under the original con- tract discharged? a.        When the accord is formed. b.        When the duties of the original contract are fully performed by one of the parties. c.         When the original contract is breached. d.        When the duties under both the original contract … Read more

When an obligor transfers her obligation to perform a contract duty to another, this is known as atn):   a. delegation. b. accord. c. den igration. d. assignment. e. stipulation.

When there has been an assignment of rights under a contract, who has a duty to notify the obi igor of the assignment? a.        The assignor. b.        The assignee. c.         Both the assignor and the assignee. d.        Neither the assignor nor the assignee. e.         Whichever party is nearer the obligor geographically.

If a judge rules that a party has lost its case because of the Statute of Frauds, the judge has essentially stated that: a.        the losing party was found by the court to have lied, and will therefore lose the case. b.        the losing party purposely deceived the other party about a material fact. c.         … Read more

Undue influence is characterized by one party being put at a disadvantage in a con- tract due to: a.        a party taking advantage of superior knowledge about the subject matter in a contract. b.        a party taking advantage of a fiduciary relationship. c.         a party taking advantage of the other party’s legal circumstances. d.        a … Read more

     Andre has made a statement that the average person would realize is puffery. Andre is guilty of: a.        duress. b.        fraud. c.         innocent misrepresentation. d.        undue influence. e.         nothing.

The knowledge of a statement‘s falsity, or the “guilty mind,” in a fraud in the induce- ment case is also known as: a.        parol knowledge. b.        justifiance. c.         reliance. d.         scienter. e.         guilty intent.

In Krysa v. Paine, where Paine‘s Car Company was found to have committed fraud in the sale of a truck to Krysa, what did the court rule regarding the punitive damages award? a.        Punitive damages are allowed at 9:1 in cases involving personal injury but incon- tracts must adhere to a 3: 1 ratio. b.        … Read more

    In general, what is the effect of one party being mistaken about the subject matter of a contract? a.        The mistaken party can rescind the contract. b.        Either party can rescind the contract, and the mistaken party can recover damages. c.         Neither party can rescind the contract or recover damages. d.        Either party can … Read more

Assignment: Critical Book Review Format: APA (American Psychological Association) Length: 4-5 pages (Content)     Your assignment is to write Critical Book ReviewHow Democratic Is the American Constitution by Robert A. Dahl. Once you have read the book you are to write a Critical Book Review.A Critical Book Review is more than a book report, … Read more