Question: Question 5 5 points Save Answer For a contract to be valid and enforceable, it must be formed for O a any purpose, whether or

Question 5 5 points Save Answer For a contract to

Question 5 5 points Save Answer For a contract to be valid and enforceable, it must be formed for O a any purpose, whether or not the purpose is legal. b. a financially beneficial purpose. OC. any purpose or no purpose, legal or otherwise. od. a legal purpose. Question 6 5 points Save Answer Rosa, a seventeen-year-old, signs a contract to sell her car to Stan. Later, Rosa decides not to sell the car. Rosa is liable to Stan for a. the value of her performance under the contract b. the amount of the buyer's profit on the deal. c. the cost of a car of comparable value. O d. nothing Question 7 5 points Save Answer Freight Dispatch Corporation is a distribution company. Like most corporations. Freight's employees include its a directors. b.officers. OC. none of the choices. d. incorporators. Question 8 5 points Save Answer Kim promises to pay Leo $500 to install a sump pump in Kim's warehouse. Leo completes the installation. The act of installing the pump a. imposes no obligation on Kim unless she is satisfied with the job. b. is the consideration that creates Kim's obligation to pay Leo. OC. is not sufficient consideration because it is not goods or money. O d. imposes a moral obligation on Kim to pay Leo

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