54)

All adhesion contracts are automatically void as unconscionable.

True

False

55)

If a party has been induced to enter a contract through fraud, that party can either invalidate the contract or seek to enforce the contract.

True

False

56)Oral contracts for the sale of good in the amount of $500 or more are unenforceable unless:

the goods are specially manufactured

the goods are subject to a warranty of merchantability

the goods are incidental to a service contract

the goods are collateral to a multilateral compact.

57)A unilateral contract is one where:

only one party has promised to do something

both parties to a contract have promised to do the same thing

there are mutual promises but only one party can get out of the contract because they lack capacity

a contract where there has been fraud to induce performance.

58)

Mrs. Jones offers a reward for the return of her dog Fifi and puts posters advertising the reward all over her neighborhood. Mr. Brown finds and returns Fifi without seeing any of the posters. If Mr. Brown later sees one of the posters and asks Mrs. Jones for the reward money:

Mrs. Jone will have to pay Mr. Brown the reward money because she made a public offer.

Mrs. Jones will have to pay Mr. Brown the reward money because she left the posters up after Fifi had already been returned.

Mrs. Jones will not have to pay anyting to Mr. Brown because the offer was not communicated to him before he returned Fifi.

Mrs. Jomes will ot need to pay Mr. Brown the reward money because it is a unilateral contract.

59)According to the mirror image rule:

an acceptance must be in agreement with each term of the offer.

a contract must provide equal remedies to each party for breach

no documents outside the written agreement may be used to interpret its terms.

implied contracts are only vaid if enforceable against both parties.

60)Where there is no duty of care ther can be no negligence.

True

False