Park University MG260/MG 260 Midterm Exam - 93278

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Flag this Question Question 1 4 pts Strict liability is liability regardless of fault. True False Flag this Question Question 2 4 pts Implied contracts are not created by conduct. True False Flag this Question Question 3 4 pts Consideration is necessary for a charitable subscription to be binding. True False Flag this Question Question 4 4 pts Bidding at an auction is usually not considered to be an offer. True False Flag this Question Question 5 4 pts Encouraging free competition to promote economic growth is a function of the law. True False Flag this Question Question 6 4 pts Under UCC section 2-205, firm offers are only made by merchants and do not require consideration. True False Flag this Question Question 7 4 pts A poster advertising a reward for capturing a criminal constitutes an offer. True False Flag this Question Question 8 4 pts Generally, offers to sell something at a certain price are revocable at any time. True False Flag this Question Question 9 4 pts Settlement and arbitration are examples of ADR. True False Flag this Question Question 10 4 pts The same act can result in both criminal and civil liability. True False Flag this Question Question 11 4 pts Variations of the Golden Rule appear in all world cultures. True False Flag this Question Question 12 4 pts According to the principle of federal supremacy and the U.S. Constitution, federal law always defeats conflicting state law. True False Flag this Question Question 13 4 pts Only duress can make a contract voidable. True False Flag this Question Question 14 4 pts An option contract can be created without consideration. True False Flag this Question Question 15 4 pts Death of a party before acceptance terminates the offer. True False Flag this Question Question 16 4 pts Under the mailbox rule, acceptance is not effective until it is received. True False Flag this Question Question 17 4 pts Kant's categorical imperative is an example of a justice theory of ethics. True False Flag this Question Question 18 4 pts An intoxicated person can get out of a contract made while intoxicated regardless of whether the other person knew that he/she was drunk. True False Flag this Question Question 19 4 pts Appellate courts hear issues of law. True False Flag this Question Question 20 4 pts The burden of proof in a civil trial is beyond a reasonable doubt. True False Flag this Question Question 21 4 pts Using enumerated powers, the courts can find acts by the legislative and executive branches unconstitutional. True False Flag this Question Question 22 4 pts An ad in the classifieds stating "British shorthair kitten for sale, $800" is not an example of an offer. True False Flag this Question Question 23 4 pts In order to prove a negligence claim, the plaintiff must prove: duty, a breach of that duty, causation, and injury to the plaintiff. True False Flag this Question Question 24 6 pts A contract where one or more of the parties has the right to cancel the contract is called: an option contract an offer a voidable contract a void contract Flag this Question Question 25 6 pts According to the mirror image rule, Silence is acceptance. A counteroffer is not acceptance. Acceptance can only be in writing. Acceptance is valid only if written backwards so you can see it in a mirror. Flag this Question Question 26 6 pts Sean is an invitee on his aunt Allison's beachfront property. Allison owes Sean: Only to warn him of dangerous on-premises conditions that he is not likely to discover. A duty to exercise reasonable care to protect him against dangerous on-premises conditions that Allison knows about or reasonably should know about. Only not to willfully and wantonly injure him on the property. None of the above. Flag this Question Question 27 6 pts Which of the following is NOT a defense to negligence? res ipsa loquitor assumption of the risk contributory negligence comparative fault Flag this Question Question 28 6 pts Our common law came to America from which group of European settlers? German English Chinese French Flag this Question Question 29 6 pts Posh Pepper, a rap musician, is dangled by his ankles four stories high until he agrees to share his copyright royalties with rap musician Patricia Paprika. This contract is an example of ___________? Unilateral mistake Duress Misrepresentation Undue influence Flag this Question Question 30 6 pts Damages awarded to reimburse an injured plaintiff for lost wages and medical expenses are called ________. Punitive Exculpatory Compensatory Executory Flag this Question Question 31 6 pts George is selling his house. He received an offer from Katie for $200,000 but decided to counter-offer for $210,000. What does that do to the original offer? Katie is still bound by her original offer of $200,000. George is bound by the original offer of $200,000. Katie will pay $210,000. Neither George nor Katie are bound by the original offer of $200,000. Flag this Question Question 32 6 pts The _____________ answers the complaint. Plaintiff Defendant Appellant Offeror Flag this Question Question 33 6 pts Which one is a function of the law? Peacekeeping Promoting social justice Protecting the environment All of the above Flag this Question Question 34 6 pts Criminal law is based on _______. Statutory law Contract law Civil law Flag this Question Question 35 6 pts An example of an intentional tort would be _________. False imprisonment Negligence Strict Liability All of the above Flag this Question Question 36 6 pts What is the issue in Sumerel v. Goodyear Tire & Rubber Company on p 413-414 of the text? (Refer to p 22-23 for help in finding the issue.) Whether there was adequate consideration. Whether the parties had the capacity to contract. Whether the emails constituted an offer. Who is the plaintiff? Flag this Question Question 37 6 pts When briefing a case, the question the court had to decide is known as the issue answer procedural history brief Flag this Question Question 38 6 pts A minor can rescind most contracts. This right to rescind is referred to as _________________? Right of Emancipation Right to Disaffirm Right to Ratify Capacity to contract Flag this Question Question 39 6 pts Skip to question text. Juliet, age 14, purchased 5 chickens from Bob at a price of $30 per chicken for a 4-H project. She later decided she didn't want to do the project. She told Bob that she wasn't going to pay him although he had delivered the chickens. Also, one chicken died, so she only had 4 chickens. Which of the following is true? Juliet is still liable to Bob for $150. Juliet must return the 4 remaining chickens to Bob. Bob is liable to Juliet for $30. Juliet must return the 4 remaining chickens and pay Bob $30 for the chicken that died. Flag this Question Question 40 6 pts In a __________ contract, a promise is made by only one party to the contract. Bilateral Unilateral Voidable Express Flag this Question Question 41 6 pts A contract to steal gold from Fort Knox would be _____? void voidable valid executed
Solution Description

Flag this Question

Question 1 4 pts

Strict liability is liability regardless of fault.

True

False

Flag this Question

Question 2 4 pts

Implied contracts are not created by conduct.

True

False

Flag this Question

Question 3 4 pts

Consideration is necessary for a charitable subscription to be binding.

True

False

Flag this Question

Question 4 4 pts

Bidding at an auction is usually not considered to be an offer.

True

False

Flag this Question

Question 5 4 pts

Encouraging free competition to promote economic growth is a function of the law.

True

False

Flag this Question

Question 6 4 pts

Under UCC section 2-205, firm offers are only made by merchants and do not require consideration.

True

False

Flag this Question

Question 7 4 pts

A poster advertising a reward for capturing a criminal constitutes an offer.

True

False

Flag this Question

Question 8 4 pts

Generally, offers to sell something at a certain price are revocable at any time.

True

False

Flag this Question

Question 9 4 pts

Settlement and arbitration are examples of ADR.

True

False

Flag this Question

Question 10 4 pts

The same act can result in both criminal and civil liability.

True

False

Flag this Question

Question 11 4 pts

Variations of the Golden Rule appear in all world cultures.

True

False

Flag this Question

Question 12 4 pts

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