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True or False Quiz
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1
Allelah's contract entered into on May 1 to be a Chef at Kusum's hotel until the following April 1 need not be written to be legally enforceable.
A)True
B)False
2
Part performance is an exception to the rule that contracts for the sale of land must be in writing.
A)True
B)False
3
Ed, a merchant, sends a written confirmation of an oral contract involving $1,000 of goods to Jessica, a consumer buyer. The written confirmation makes the contract enforceable against Jessica.
A)True
B)False
4
A collateral contract involves a cosigner.
A)True
B)False
5
A prenuptial agreement creates binding obligations beyond the marriage vows.
A)True
B)False
6
Words on a check can satisfy the requirements of a written memorandum only if the check is for more that $500.
A)True
B)False
7
Randy and Cheryl discussed a September 1 delivery date but their subsequent written contract listed the delivery date as September 15. Either Randy or Cheryl may introduce in court evidence of their September 1 discussions.
A)True
B)False
8
Joseph agrees to purchase Ann's truck when Joseph sells his current car. This is an example of a condition subsequent.
A)True
B)False
9
A person who lacks the ability to read or write is not obligated to sign contracts.
A)True
B)False
10
The Uniform Electronic Transactions Act (UETA) defines an electronic signature.
A)True
B)False





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