Question: The Code has made certain offers, called ________, irrevocable without any consideration being given for the promise to keep the offer open. a. Firm offers

The Code has made certain offers, called ________, irrevocable without any consideration being given for the promise to keep the offer open.

a.

Firm offers
b.

Express contracts
c.

Implied options
d.

Implied offers

  1. Civil law establishes duties the violation of which is a wrong against the whole community.

    True

    False

Which of the following is the basic remedy for misrepresentation?

a.

Specific performance
b.

Rescission
c.

Compensatory damages
d.

Monetary damages

  1. In cases of conflict, state law wins over federal law.

    True

    False

The unjustified failure to perform substantially the obligations promised in a contract constitutes a(n):

a.

Prevention of performance
b.

Material breach
c.

Substantial performance
d.

Intentional breach

The torts of harm to the person include all but the which of the below?

a.

False Imprisonment
b.

Infliction of Emotional Distress
c.

Libel
d.

Battery

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