Contract Validity and Interpretation

Front

Brie buys a subscription to music provided by Concerto, an online streaming service. Before gaining access, Brie must agree to a provision stating that she will not make and sell copies of the music. This provision is

Back

False

Front

A contract for the purchase of a television which is stolen is valid.

Back

False

Front

A contract involving a person who signed it while intoxicated is void.

Back

False

Front

A contract is considered to be unequivocal even when a term is susceptible to more than one interpretation.

Back

False

Front

A contract that only one of the parties can enforce in a court is not valid.

Back

False

Front

Alyssa hires Bret to mow Alyssa’s lawn every Friday. Although they do not discuss the terms of payment, after each of the first three Friday mows, Alyssa pays Bret. The payment term is

Back

implied

Front

Cass, a certified public accountant, agrees to perform an audit for Drone Distribution Inc. These parties are most likely to follow the rules of contract law in order to

Back

avoid potential disputes

Front

Flo tells Ginger during a phone call that she will buy her textbook from last semester for $65. Ginger agrees. These parties have

Back

an express contract

Front

On Monday, Neil tells Outdoor Landscaping, Inc., that he will pay Outdoor $500, if a variety of tasks are completed by Friday. On Wednesday, when Outdoor is more than half done with the work, Neil says that he has changed his mind. What type of contract did these parties have?

Back

a unilateral contract as soon as Outdoor began to perform

Front

Promises that are legally binding include: a promise to take a friend to lunch, a promise to pay for items ordered online, a promise to watch a certain sporting event, a promise to take a person on a date.

Back

a promise to pay for items ordered online