Final Exam GOVT 404 Undergraduate Contracts.

Renée lost her job last year and has been unable to nd employment since then. She has been living in her car for the past two months, but knows that with winter approaching, she needs to nd a place to live. Unfortunate ...

Renée lost her job last year and has been unable to nd employment since then. She has been living in her car for the past two months, but knows that with winter approaching, she needs to nd a place to live. Unfortunately, the odd jobs she’s found only keep her employed for about 10 to 20 hours each week, and she is not sure she makes enough to rent even a small apartment. She meets with a property manager about renting a room in an older house that the manager manages. The manager agrees to rent the room to Renée for $200 each month, but only if Renée will sign a lease agreement that includes a densely worded “future wage assignment” provision in small print, which provides that Renée will pay 10% of any future wages she earns to the property management company for the next 5 years. No other aordable housing options are available to Renée. She signs the lease. The next year, Renee Student Dashboard myBlackboard Libraries Resources My Prole 5 out of 5 points Jessica Hooker 10/16/2020 Review Test Submission: Final Exam – 202040 Fall 2020 ... https://learn.liberty.edu/webapps/assessment/review/review.jsp?attempt_id=_92390134_1&course_id=_645463_1&content_id=_41880689_1&return… 2/13 Selected Answer: obtains a job working as lab technician in a hospital earning $35,000. What’s Renee’s best argument that the future wage assignment is unenforceable, and why? The agreement is unconscionable because Renée has so little bargaining power and the terms are unfair. Question 2 Selected Answer: Employer contracts with Employee to serve as the Chief Operating Ocer to the Employer. The term of the contract is one year. The annual salary is $75,000. Before the employment begins, Employee quits. Employer pays a recruiter $3,250 to nd a replacement employee. The recruiter nds a comparably qualied replacement employee who is willing to serve as Chief Operating Ocer for an annual salary of $80,000. Choose the best answer: Employer is entitled to damages of $8,250. Question 3 Selected Answer: Anderson contracts with Mallows for Anderson to paint Mallows’ two-story house. The price is $2,500, payable to Anderson once the painting is completed. Prior to the contract, Anderson meets with Mallows, looks at the house, and discusses the kind of paint that Anderson will use and the timing of the completion of the work. Anderson starts painting the house on Monday morning. Monday afternoon, after Anderson has painted only one side of the house, Anderson tells Mallows that he will require an additional $500 to nish the job. In response, Mallows promises to pay Anderson $3,000 upon completion of the house. Choose the best answer: The contract is enforceable because Anderson relied upon Mallows’ promise to pay an additional $500. Question 4 Selected Answer: Ramsey and Steven are discussing the sale of Ramsey’s used bulldozer to Steven. Ramsey tells Steven that he will sell the bulldozer for $85,000. Steven responds by saying: “$85,000 is a lot of money; I will pay you $75,000 for it but that is all.” Choose the best answer: Steven’s statement constitutes a rejection and is also a counteroer. Question 5 5 out of 5 points 0 out of 5 points 5 out of 5 points 5 out of 5 points 10/16/2020 Review Test Submission: Final Exam – 202040 Fall 2020 ... https://learn.liberty.edu/webapps/assessment/review/review.jsp?attempt_id=_92390134_1&course_id=_645463_1&content_id=_41880689_1&return… 3/13 Selected Answer: WCorp contracts with Building Co. to wash the windows at Building Co.’s oce building. WCorp contracts with Wndx, LLC to wash the windows at Building Co.’s oce building. Choose the best answer: WCorp has delegated its duty to wash windows to Wndx, LLC, but if Wndx, LLC does not wash the windows as contracted, WCorp is still liable. Question 6 Selected Answer: Allen is hiring a computer database designer to help his law rm design a custom client management database. He