34. In general, contract rights may be assigned a. personal service contracts Wh

Question

34. In general, contract rights may be assigned a. personal service contracts Which of the following types of contract rights may not beassigned e contracts for the sale of goods d. A and C only . A and B only to Invest in ths ones,thedsiness venturest in a diamond mining operation in South Africa and invites lones and skips town with Jones' $75,000. Under Smith? 35. Smith tells sones that exist; in fact, Smith has planned to use whatever money he receives for himself what theory can Jones rescind the contract and get his money back from papers and invests$75,000, unbeknownst to mine does not really a. Negligence b. Duress c. Fraud in the inducement d. e. Unilateral mistake None of the above Which of the following is NOT a typical ground for rescinding a contract? 36. a. Fraud b. Mutual mistake of fact c. Mutual mistake of value d. Duress e. Undue influence In her life insurance policy, Laurel names Jones as the payee when Laurel (the insured) dies. Jones is known as atn) a. Donee beneficiary b. Incidental beneficiary c. d. e. Creditor beneficlary Unintentional beneficiary None of the above 38. Widget Painters, Inc. agrees to paint Ashford's house, using a particular brand of "discount" paint. Widget completes job but uses a different brand of discounted paint. This is most likely a. A complete excuse for Ashford's refusal to pay b. A material breach d. Substantial performance e. None of the above 39. Xpert Design Company and Acme Cleaning Services, Inc. sign a document that states Xpert agrees to design a Web Acme and Acme agrees to pay Xpert for this service. Xpert and Acme have made a. An express contract b. An implied-in-fact contract c. An implied-in-law contract d. A quasi contract e. No contract Which of the following is a type of equitable remedy that may be available in an action for breach of contract if a remedy does not provide adequate relief? a. Injunction b. Reformation c. Specific performance d. All of the above . A and C only

Explanation / Answer

34Ans: e. A and B only

35.Ans: C. Fraud in the inducement.

36.Ans: C. Mutual mistake of value.

37.Ans: e. None of the above

38.Ans: d. Substantial performance.

39.Ans: a. An express contract

40.Ans: e. A and C only.

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