QUESTION 4 2 points Save Answer Chevron Incorporated contracts with BP Corporation. In the contract Chevron agrees to provide BP Corp with oil from Venezuela. Without giving any caution or warning the Govt. of Venezuela commandeers and nationalizes the oil industry. Chevron can still obtain the oil, but only at a premium cost. On BP'S behalf, BP CEO Bernard Looney agrees to pay the premium cost but later files a suit to recover the difference. The court will most likely rule that a. an unforeseen difficulty supported the contract modification. b. Chevron had a preexisting duty to supply the goods at the initial price. c. a change in government is a common risk which must ordinarily be assumed in business. d. Chevron engaged in extortion or the so-called holdup game. QUESTION 5 2 points Save Answer Dak Prescott tells Jerry Jones that he will pay him $500 to haul trimmed tree limbs and other lawn debris from his property. Jerry Jones's acceptance is complete a. when he hears the offer. b.only after he hauls away the debris. C. as soon as he says he will do the job. d. once he offers to perform the job for $600. QUESTION 6 2 points Save Answer Thomas Crapper promises to make a payment of $600 to Plumbing Pros. for the installation of a sump pump that will remove water from his storage facility. Plumbing Pros agrees and completes the installation. The installation a. is not sufficient consideration because it is not goods or money. b. is the consideration that creates Thomas' obligation to pay Plumbing Pros. C. imposes a moral obligation on Thomas to pay Plumbing Pros. d. imposes no obligation on Thomas unless he is satisfied with the job. Click Save and Submit to save and submit. Click Save All Answers to save all answers. Save All Answers Save and Submit