Question: 11) If both parties agree that a contract modification is needed, the best way to accomplish it is rescind the original contract and draft a
11) If both parties agree that a contract modification is needed, the best way to accomplish it is rescind the original contract and draft a new one.
True
False
12) Raul agrees to paint Mike's house for $1,000. Before finishing, Raul states it is too hot to finish, and Mike offers to pay $1,200 if Raul finishes. The contract for $1,200 is unenforceable.
True
False
13) An exculpatory clause are likely to be enforceable in bailment agreements.
True
False
14) An exculpatory clause is generally enforceable to exclude ordinary or gross negligence.
True
False
15) An exculpatory clause may be used to relieve liability in an essential service such as medical care.
True
False
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