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| 1 | |
Frankie and Johnie agree to rob banks and equally divide the proceeds. Frankie dies in a robbery shootout and Frankie's heirs sue Johnie to force a division of the robbery proceeds. A court will _____. |
| | A) | enforce the agreement since the heirs are innocent of any wrong doing |
| | B) | only enforce the agreement to the extent of meeting any enforceable contracts that Frankie had with his heirs |
| | C) | not enforce the agreement |
| | D) | not enforce the agreement above $500 of proceeds |
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| 2 | |
If Clifford borrows $1,000 to cover his gambling debts and agrees to repay $2,000 one week later, _____. |
| | A) | the agreement is enforceable if Clifford were not coerced |
| | B) | the agreement is usurious |
| | C) | the agreement is unconscionable if Clifford does not understand it |
| | D) | the agreement is void for vagueness |
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| 3 | |
If Chester does not have a real estate license in Tennessee, Chester _____. |
| | A) | nevertheless, may collect a commission for selling a house in Tennessee |
| | B) | may collect a commission for selling a house in Tennessee if the seller knew Chester was unlicensed |
| | C) | may not collect a commission for selling a house in Tennessee |
| | D) | may not collect a commission for selling a house in Tennessee for more than the average market price |
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| 4 | |
Laws prohibiting contracts being made of Sunday are _____. |
| | A) | uniform throughout the U.S. |
| | B) | determined by the federal Congress |
| | C) | subject to local option in some states |
| | D) | nonexistent today |
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| 5 | |
Which of the following is not an agreement to obstruct justice? |
| | A) | Paying an official to grant a pardon. |
| | B) | Paying a witness to give false testimony. |
| | C) | Paying a potential witness to move to Europe. |
| | D) | Paying a police officer to lose damaging evidence. |
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| 6 | |
Helen, who is broke, gives all her remaining property to her grandson, William, and then Helen files for bankruptcy. What, if anything, may Helen's creditors do? |
| | A) | Nothing. |
| | B) | Ask the court to void the transfer of property. |
| | C) | Seize the property from William. |
| | D) | File criminal charges against William. |
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| 7 | |
Martha pays Hector $10,000 with a signed agreement so that Hector will not purchase and open a fast food franchise during the next three years within two miles of Martha's restaurant. This agreement is _____. |
| | A) | enforceable |
| | B) | enforceable if considered reasonable |
| | C) | enforceable only if there are other restaurants currently open within two miles of Martha's restaurant |
| | D) | not enforceable |
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| 8 | |
Omar, who is angry with the entertainment industry, purchases state-of-the-art copying equipment and freely allows anyone to use the equipment to make copies of movies, music, and video games. Omar _____. |
| | A) | is guilty of contributory copyright infringement |
| | B) | is not guilty of violation since he did not personally make the copies |
| | C) | is exercising his right to fair use |
| | D) | is producing legal derivative works |
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| 9 | |
Harriet and Jane agree to engage in an illegal agreement to avoid paying sales tax. Harriet and Jane will be said to be _____. |
| | A) | not in pari delicto |
| | B) | not in pari delicto if the sales tax rate is immeasurable |
| | C) | not in pari delicto if they gave the savings to charity |
| | D) | in pari delicto |
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| 10 | |
A restrictive employment must be reasonable as to _____. |
| | A) | time |
| | B) | geographic area |
| | C) | both time and geographic area |
| | D) | neither time nor geographic area |
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