Business Law > QUESTIONS & ANSWERS > LEG 100 Unit two Milestone business law (All)
Which of the following statements about torts and crimes is true? CONCEPT Introduction to Tort Law 2 An example of foreseeable damages from a faulty repair of your car that led to an accident ... would be . CONCEPT Limitations on Contract Remedies 3 To be enforceable, a contract typically must . CONCEPT Contract Formation 4 A laundry detergent company advertises that its new product can remove any stain from clothes in just one wash, although company testing has shown that it oftentimes takes two or three washes for a stain to disappear. Which type of intentional tort does this represent? CONCEPT Intentional Torts 5 The Uniform Commercial Code (UCC) is the primary source of law for contracts regarding . • the sale or lease of goods only • the sale of goods and services • the sale of goods, services, and real estate • the sale of goods and real estate CONCEPT Sources of Contract Law 6 A red car crashes into a blue car at night on a dark road. The driver of the blue car sues the other driver for negligence. Assuming it is true, which of the following would represent a strong defense against the negligence claim? CONCEPT Negligent Torts: Damages and Defenses 7 Contracts function as a symbol of in modern society. • free will • disorder • oppression CONCEPT General Perspectives on Contracts 8 Which of the following conditions always renders a contract unenforceable? CONCEPT Unenforceable Contracts 9 Heidi purchases an original work by one of her favorite sculptors from an art dealer for $8,000. When the sculpture is delivered, Heidi has it inspected by an art appraiser, who informs her that the sculpture is a fake. When Heidi calls the art dealer to tell him the news, he is honestly shocked and appalled. What remedy does Heidi have in this scenario? • Heidi has no recourse in this scenario, because she accepted delivery of a non- conforming good. • Heidi may sue the art dealer for specific performance and require the dealer to secure the original sculpture in any way possible. [Show More]
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