Question: Question 8 (1 point) Listen X contracts with Y to paint his portrait. Later, Y refuses to do so. X may: a) sue for specific

Question 8 (1 point) Listen X contracts with Y to
Question 8 (1 point) Listen X contracts with Y to
Question 8 (1 point) Listen X contracts with Y to paint his portrait. Later, Y refuses to do so. X may: a) sue for specific performance. Ob) obtain an injunction. Oc) not do anything, this is an illegal contract. d) only sue for damages, personal service contracts can not use specific performance as a remedy. Question 9 (1 point) Listen X contracts with Y to purchase a rare Stradivarius violin for $500.000. If Y refuses to complete the transaction, X can probably use the following remedies. a) Damages, if actually incurred or are reasonably foreseeable. Ob) Specific performance requiring transfer of the violin. Och An injunction if threatens to damage the violin d) Possibly any or all of the above remedies Question 10 (1 point) Listen X has an oral contract with y for the purchase of Y's take cabin. Xs remedylies) is/are Question 10 (1 point) Listen X has an oral contract with Y for the purchase of Y's lake cabin. X's remedy(ies) is/are if y breaches: a) Specific performance. b) Injunction Oc) Damages. d) Probably no remedy available as this contract had to be in writing before X could take it to court as the Statute of Frauds requires this contract to be in writing. Question 11 (1 point) Listen A provision in a contract which the occurrence of will terminate the obligations of the contracting parties is called a/an. a) absolute promise Ob) condition c) repudiation d) mitigation Question 12 (1 point) Listen 0

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related General Management Questions!