Quiz Bowl

The price in a contract must be a specific dollar amount.

Quantum Meruit is an example of:

Parties to a contract completely neglect to enter a price in their agreement, the Court can interpret a reasonable price

Consideration is:

Consideration for a past contract can be used as consideration for a new, later-in-time contract.

Since they are not as serious as malum in se contracts, malum prohibitum contracts are valid and enforceable.

In Texas, you can get exemplary damages for contractual fraud by proving the existence of the fraud by

Brent offers food to temporary workers if they will in turn assist him in building a house.  Is there consideration?

Substituting a party to the contract where the new party takes over all the rights and obligations under the contract:

 In Texas, you can get actual damages for contractual fraud by proving the existence of the fraud by

Of these, the person with the highest priority in a secured transaction is the one who:

When interpreting the terms of a contract, a Court will give all words their ordinary, dictionary meanin.

To accept an offer, one must accept the exact terms of the offer. This is called the:

Which of the following are not necessary for an offer to be considered clear and definite?

Which of the following is an exception to the Parol Evidence Rule?

One party’s unlimited right to decide the nature of the contractual performance is

Which of the following items would be covered by Article II of the UCC?

Which of the following would be covered by Article IX of the UCC?

Harvey asks Lisa, “Will you come over tomorrow and paint my house for $20?” Lisa replies, “Yes.” What type of contract?

Are voidable contracts enforceable?

The difference between fraud and misrepresentation is the element of

Under the UCC, varying the terms of an offer does not always constitute a counteroffer unless the original offer was

Which of the following are legal grounds for discharging a party’s obligations under a contract?