WEEK 6 QUIZ 1 July 28, 2021/in Uncategorized /by Davis QUESTION 1 Emily runs a children’s clothing boutique that takes in local homemade items on a consignment basis. Her standard form contract indicates that Emily has the right to put items on sale without prior approval, but does not specify what effect the sale has on the consignor’s payment percentage. Her intent is to keep the same profit she would have had without the sale. She is using ambiguity in her contract to increase her sales and profit. True False 3.5 points QUESTION 2 Wimble ordered 1,000 pro-quality luminescent orange tennis balls from Sports Unlimited at a cost of $800. On June 1, Sports Unlimited shipped standard white tennis balls, but Wimble rejected them. Wimble bought the same number of pro-quality luminescent orange balls from another supplier the same day for $650. In a suit against Sports Unlimited, Wimble may recover $800. True False 3.5 points QUESTION 3 Cheryl enters into a contract with Gabe. In this contract, Cheryl asks Gabe to pay the money he owes her from the contract to her friend Leah because Leah is having financial troubles. Leah is a. the promisee in the contract. b. a third party incidental beneficiary. c. a third party donee beneficiary. d. a third party creditor beneficiary. 3.5 points QUESTION 4 Johann, a well-known musician, agrees to give ten guitar lessons to Elton for $2,000. Nothing in the contract itself prohibits a delegation. If Johann delegates his obligation to Eugene, a second-year musical student and enthusiastic guitar player, then the delegation will probably be a. prohibited by the UCC because this is a sale of services. b. permitted because contracts may be freely delegated. c. prohibited because the contract is for service from a specific person. d. permitted because the contract is just for music lessons. 3.5 points QUESTION 5 Robert hired James, a CPA, to prepare his tax returns. James was too busy and delegated the work to Sara, also a CPA. This delegation is a. enforceable, as there was no expectation James would do the work. b. not enforceable, as Robert hired James to perform personal services. c. enforceable, as Sara is also a CPA. d. not enforceable, as this violates public policy. 3.5 points QUESTION 6 Which of the following is a standard provision frequently found in contracts? a. choice of compensation b. mediation c. understanding d. choice of forum 3.5 points QUESTION 7 A+ Modeling Agency signs a contract with Sandi to do a photo shoot for the local used car dealer’s advertising. The contract was most likely written by a. the owner of A+ Modeling Agency. b. A+ Modeling Agency’s lawyer. c. Sandi. d. Sandi’s lawyer. 3.5 points QUESTION 8 A third party beneficiary’s status occurs a. when the third party is informed of the contract. b. when the third party beneficiary agrees to the contract terms. c. when the contract is created. d. after an assignment and delegation. 3.5 points QUESTION 9 To win expectation damages, the injured party must prove the breach of contract caused damages that can be quantified with reasonable certainty. True False 3.5 points QUESTION 10 Which of the following is an example of incidental damages you might be awarded if you are wrongfully terminated from your job? a. the costs of psychological counseling b. the costs of mailing resumes to prospective employers c. the costs of a new wardrobe for future interviews d. the costs of cosmetic surgery "Get Help With Your Essay. If you need assistance with writing your essay, our professional essay writing service is here to help! Order Now https://essaysglobe.com/wp-content/uploads/2020/06/logo-EG.png 0 0 Davis https://essaysglobe.com/wp-content/uploads/2020/06/logo-EG.png Davis2021-07-28 14:09:292021-07-28 14:09:29WEEK 6 QUIZ 1