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50. Which of the following is not an essential element for all contract formation: 51. Which of the following might not be considered a good, under UCC: 52. "I want to sell my car for $5,000" can most likely be described as: 53. An executed contract is one that is: 54. An executory contract requires: 55. When is parole evidence used in a contract? 56. Which of the following may make a contract void? 57. Which of the following are elements of both fraud and misrepresentation: 58 Which of the following relationships could be the foundation for Undue Influence: 59. Which of the following contracts would be void? 60. "If you graduate high school, then I will buy you a laptop" is an example of: 61. Accord and satisfaction occurs when there is: 62. What type of contract damages places the injured party in the same position as they would have been in without the breach: 63 Commercial practicability or force majeure clause in a contract would most likely protect a party under which circumstance: 64. Contract performance will be excused under the following circumstances: 65. Terminating an employee under the employment-at-will doctrine: 66. If a principal ratifies an agent's actions: 67. Principals are liable for the acts of independent contractors if: 68. An agent is liable to third parties when: 69. The agent has no liability to third parties when? 70. Which of the following is necessary to create an agency relationship? 71 Firing an agent terminates