In situations where consideration is not specified;

a.

There is an assumption that the good Samaritan rule applies and monetary payment is not required

b.

the contract is not valid

c.

Consideration will be determined by courts as a reasonable price if a request has been made for goods and services

d.

The surrounding circumstances will govern the amount to be paid

The doctrine of part performance;

a.

allows a land owner to enforce rights that are unwritten regarding land

b.

is no longer valid in the 21st century

c.

allows prospective buyers to enforce unwritten agreements concerning land

d.

allows courts to enforce unwritten agreements concerning land

To meet the writing requirements of the Statutes of Frauds,

a.

Formal legislative requirements must be met

b.

Explicit details are required

c.

Any written document containing the terms of the contract will suffice

d.

A formal written document as outlined in the statute must be followed

Silence;

Select one:

a.

Indicates a rejection of an offer

b.

Indicates acceptance of an offer

c.

Cannot be deemed acceptance of an offer unless there is a pre-existing agreement

d.

None of the above