1.The registration process of trademarks is provided by: a. the Lanham Act b. th

Question

1.The registration process of trademarks is provided by:

    a. the Lanham Act

    b. the Carver Act

    c. the Trademark Act

    d. the Intellectual Property Act

    e. the Second Amendment

2. If a party fails to perform a nonbinding promise:

    a. contract law will provide a remedy

    b. contract law will not provide a remedy

    c. contract law will provide a remedy in some states, but not others

    d. the injured party must bring the case to the Supreme Court

    e. the party that fails to perform will be held liable for up to $100,000 worth of damages

3. In a case of ___________, a person enters into a contract because they are so dominated by another person, or have so much trust in that person that they are subject to improper persuasion.

    a. duress

    b. misrepresentation

    c. undue influence

    d. dominance

4. When the payment of money damages is inadequate for a breach of contract a court may order the remedy of:

    a. specific performance

    b. extra performance

    c. nominal performance

    d. compensatory performance

    e. special performance

5. When someone accepts an offer by an exchange of mutual promises, what kind of contract has been formed?

    a. implied

    b. unilateral

    c. executed

    d. bilateral

    e. commercial

Explanation / Answer

1. the lanham act

2.contract law will provide a remedy in some states, but not others

3.Duress

4.compensatory performance

5. bilateral

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