GRAND CANYON ACC 623/ ACC 623 BUS LAW QUIZ MODULE 4 - 96412

Solution Posted by
anjis_devis

anjis_devis

Rating : (20)B
Solution Detail
Price: $10.00
  • From: Business, Accounting
  • Posted on: Mon 09 May, 2016
  • Request id: None
  • Purchased: 0 time(s)
  • Average Rating: No rating
Request Description
Question Question 1 4 out of 4 points Wilson buys a lottery ticket at his local gas station. Wilson has accepted an offer for a Answers: A. bilateral contract. B. unilateral contract. C. void contract. D. unenforceable contract. Question 2 4 out of 4 points Flo tells Ginger during a phone call that she will buy her textbook from last semester for $65. Ginger agrees. These parties have Answers: A. no contract. B. an express contract. C. an implied contract. D. a quasi contract. Question 3 4 out of 4 points In negotiations with Coastal Distribution Company, Briggs Trucking, Inc., insists that their contract be drafted according to certain plain language laws. These laws concern the phrasing of Answers: A. contracts. B. ads. C. product instruction manuals. D. documents of delivery. Question 4 4 out of 4 points Vernon claims that his contract with Ulani is voidable. If their contract is avoided Answers: A. both parties are released from it. B. both parties must fully perform their obligations under it. C. both parties agree to a wholly different contract. D. a wholly different contract is imposed "as if" the parties had agreed. Question 5 0 out of 4 points Peter offers to pay Quik Delivery (QD) $50 if it picks up and delivers to him a package of business documents from Rico within thirty minutes. QD can accept the offer only by meeting the deadline. If QD performs as directed, these parties will have Answers: A. a bilateral contract. B. a trilateral contract. C. a unilateral contract. D. no contract. Question 6 4 out of 4 points Jack promises to buy Lizette's used textbook for $60. Jack is Answers: A. an executor. B. an offeree. C. a promisee. D. a promisor. Question 7 4 out of 4 points Demi promises to buy a house from Caleb, who promises to vacate the property on June 1. If these promises are in writing, they are most likely Answers: A. enforceable. B. unenforceable. C. void. D. voidable. Question 8 4 out of 4 points Phil agrees to work for Vacation Resorts, Inc., as a chef. In determining whether a contract has been formed, an element of prime importance is Answers: A. the parties' intent. B. Phil's rate of pay. C. Phil's education. D. the terms of Phil's employment. Question 9 0 out of 4 points GR8 Marketing Company and Brainfreeze Tunes, Inc., sign a document that states GR8 agrees to create a marketing campaign for Brainfreeze, which agrees to pay GR8 for the service. GR8 and Brainfreeze have Answers: A. an executed contract. B. an express contract. C. an implied contract. D. a quasi contract. Question 10 4 out of 4 points Jim tells Dana that he will take her out to lunch on Thursday. Jim has made Dana a Answers: A. prediction. B. promise. C. bilateral contract. D. void contract.
Solution Description

Question

Question 1 
4 out of 4 points
Wilson buys a lottery ticket at his local gas station. Wilson has accepted an offer for a 
Answers:

A. bilateral contract.
B. unilateral contract.
C. void contract.
D. unenforceable contract.
Question 2 
4 out of 4 points
Flo tells Ginger during a phone call that she will buy her textbook from last semester for $65. Ginger agrees. These parties have 
Answers:

A. no contract.
B. an express contract.
C. an implied contract.
D. a quasi contract.
Question 3 
4 out of 4 points
In negotiations wit