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Multiple Choice Quiz
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1
Lata leases an apartment for fifteen months. Lata's lease contract _____
A)must be written.
B)need not be written since there is not a sale of land.
C)must be written only if the rent exceeds $500 per month.
D)need not be written if Lata pays rent monthly.
2
Martin agrees to build a pipeline for Henry to pipe water from Henry's windmill to Henry's house, one hundred yards away. This agreement _____
A)involves a transfer of real property rights.
B)involves specially manufactured goods.
C)does not involve a transfer of real property rights but does involve specially manufactured goods.
D)does not involve a transfer of land nor specially manufactured goods.
3
Deepti, an executor of his deceased uncle's estate, orally agrees to pay his uncle's debts to protect the honor of the family. Deepti _____
A)is bound by his oral agreement.
B)is not bound by his oral agreement.
C)is bound by his oral agreement to pay debts that are less than $500.
D)is not bound by his oral agreement if his work as an executor takes longer than one year.
4
When a customer makes an order for items he does not have available in his store, Omar writes up an invoice and has the customer sign it. The invoice _____
A)will be a sufficient writing to satisfy the Statute of Frauds.
B)will not be a sufficient writing to satisfy the Statute of Frauds.
C)will be sufficient writing to satisfy the Statute of Frauds only if this is customary in Omar's line of business.
D)will not be a sufficient writing to satisfy the Statute of Frauds unless the customer's signature is acknowledged.
5
The standard construction rule _____
A)only applies to real estate contracts.
B)only applies to sale of goods contracts.
C)applies to all contracts.
D)applies to all contracts only when the contract price exceeds $500.
6
Fatima signed a written contract because she was threatened with death if she did not sign. The Parol Evidence Rule _____
A)does not allow testimony concerning duress.
B)does allow testimony concerning duress.
C)requires Fatima to have witnesses to the threats that she says constitutes duress.
D)requires the contract to exceed $500 before testimony concerning duress may be given.
7
Sue orally agrees to sell Sam $350 of computer cables. Subsequently they agree to modify the sale to $575 of computer cables. Which of the following statements is false?
A)The original oral agreement is enforceable.
B)There can be evidence of the modification introduced in court.
C)There can be more than one modification to a contract.
D)The modification need not be written.
8
The Best Evidence Rule requires _____
A)testimony by the original parties to a contract.
B)testimony by the notary who acknowledged the signatures on a contract.
C)the original of a writing be introduced into evidence.
D)a witness to the signatures to testify in court
9
Facsimile signatures on a contract are _____
A)never valid.
B)always valid.
C)valid or not depending on federal law.
D)valid or not depending on state law.
10
In some states today a seal _____
A)furnishes consideration in a contract.
B)is used when a formal contract is signed.
C)both furnishes consideration in a contract and is used when a formal contract is signed.
D)is required whenever a minor enters into a contract.





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