Alison contracts to sell 50 bushels of tomatoes grown in my garden to Floras Caf

Question

Alison contracts to sell 50 bushels of tomatoes grown in my garden to Floras Café. Alisons garden is wiped out by a hailstorm. The contract is

discharged due to impossibility.

discharged due to commercial impracticability.

discharged due to frustration of purpose.

not discharged.

Seller agrees to supply all the gasoline Buyer needs for the next year at $3.00 per gallon. After three months, the price of gas falls to $2.33 per gallon. Buyer refuses to keep buying from Seller unless Seller lowers the price. Seller agrees. Two months later, the average price for gas goes up to $3.50 per gallon. Seller asks Buyer to agree to a price raise, but Buyer refuses. Which of the following is true?

Buyer must pay $3.00 per gallon for the rest of the year.

Buyer must pay $2.33 per gallon for the rest of the year.

Buyer must pay $3.50 per gallon for the rest of the year.

Seller can legally refuse to supply Buyer with any more gasoline for the rest of the year.

Jason promises to tutor Maria in Essentials of Business Law for three hours next week in exchange for $30. Maria promises to pay the $30. They have a/an:

Express contract

Implied contract

Quasi contract

Formal contract

Katrina is complaining to her landlord about the six-inch long cockroaches in her apartment. The landlord scoffs, saying: Cockroaches dont get that big! Ill pay $10,000 to anyone who can show me a six-inch cockroach. Will, a bug collector, overhears and promptly presents the landlord with his prize six-inch South American cockroach. The landlord refuses to pay, and Will sues. Which of the following best describes the situation? (Points : 1)

There is no contract because the landlord never intended to make an offer.

There is no contract; a reasonable person wouldnt believe the landlord intended to pay.

There is no contract because Will did not have the power of acceptance.

There is definitely a contract.

Petra contracted to paint Brets house for $2,000. After beginning the job, Petra realizes that the house is really quite big, and shes not going to make enough profit, so she tells Bret she wants another $500 to finish the job. Bret doesnt want to pay more, but hes afraid that if she walks off the job, hell have trouble finding someone else to finish it, so he agrees. Is Bret legally obligated to pay the extra $500?

Yes, if Petra does finish the paint job.

Yes, this is a contract under the UCC.

No, Bret made an illusory promise.

No, Petra had a pre-existing duty to paint the house for $2,000.

Explanation / Answer

1) discharged due to impossibility

2) Buyer must pay $2.33 per gallon for the rest of the year.

3) implied contract

4) There is no contract; a reasonable person wouldn

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