Business law homework

Learning Goal: I’m working on a business law multi-part question and need the explanation and answer to help me learn.

Question 11 pts

In contract law, intent is determined by the subjective theory of contracts.

Group of answer choices

True

False

Flag question: Question 2Question 21 pts

Movers LLC promises to deliver a certain couch to Nora, who promises to pay for the service. If Movers does not perform, it may be required to

Group of answer choices

cease business.

make another promise.

pay money damages.

perform a different service.

Flag question: Question 3Question 31 pts

In general, advertisements are considered evidence of an intention to enter into a contract.

Group of answer choices

True

False

Flag question: Question 4Question 41 pts

An offer can be accepted by the offeree or any third party.

Group of answer choices

True

False

Flag question: Question 5Question 51 pts

Consideration refers to the time that a party takes to evaluate a deal.

Group of answer choices

True

False

Flag question: Question 6Question 61 pts

Rose questions whether there is consideration for her contract to perform with Saxophone Symphony. To constitute consideration, there must be

Group of answer choices

a payment.

a performance.

a bargained-for exchange.

serious thought underlying each party’s intent to contract.

Flag question: Question 7Question 71 pts

Contractual capacity is the legal ability to enter into a contract.

Group of answer choices

True

False

Flag question: Question 8Question 81 pts

Val, a minor, enters into a contract to buy a kayak and paddle from a Watercraft dealership. Later, after taking possession, Val disaffirms the deal. She

Group of answer choices

can keep both the kayak and paddle.

can keep the kayak but not the paddle.

can keep the paddle but not the kayak.

must return both the kayak and paddle.

Flag question: Question 9Question 91 pts

Intent to deceive is an element of fraud.

Group of answer choices

True

False

Flag question: Question 10Question 101 pts

Even if the defects on a piece of property are obvious, the buyer can justifiably rely on the seller’s misrepresentations concerning those defects.

Group of answer choices

True

False

Flag question: Question 11Question 111 pts

The Statute of Frauds operates as a defense to the enforcement of an oral contract for the sale of land.

Group of answer choices

True

False

Flag question: Question 12Question 121 pts

When the terms of a written contract are ambiguous, parol evidence is admissible to show the meaning of the terms.

Group of answer choices

True

False

Flag question: Question 13Question 131 pts

An assignment occurs before the original contract is made.

Group of answer choices

True

False

Flag question: Question 14Question 141 pts

Contract duties are not assigned—they are delegated.

Group of answer choices

True

False