business law 3
The intentional misstatement or nondisclosure of a material fact made by one party with the hope of influencing the other party amounts to:
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An injured party who can successfully prove fraud may have the remedy to:
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Sometimes a person has the power to control the actions of another because of a special or confidential relationship to that person. If this power is improperly used to his or her personal advantage, then it amounts to:
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Sometimes a person has the power to control the actions of another because of a special or confidential relationship to that person. Such relationships are found in all of the following, EXCEPT that of a(n):
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While courts have long been reluctant to uphold unconscionable contracts, more recently, however, the UCC has made such contracts even less likely to be:
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According to the __________, uncertainty with respect to specific terms does not necessarily invalidate a contract.
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The offer and acceptance by the conduct of the parties is called as a(n) __________ contract.
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A call for a bid or estimate for materials to be furnished or work to be done is not considered a(n):
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Advertising is generally regarded as a(n):
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The general rule regarding the effective date and time an acceptance becomes binding is:
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A legally enforceable contract:
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Jack promised to pay his nineteen year-old nephew $300 on his twenty-second birthday if he refrained from smoking cigarettes until he graduated from Western State College. This contract is legal and illustrates the promise of:
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The three essential characteristics of valid consideration are:
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The element of consideration in a contract refers to the:
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If only one party promises something, such as paying a certain amount of money, and the other party promises nothing, then the agreement lacks:
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Certain contracts, such as those involving the sale of personal property for $500 or more:
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A contract in which some future act or obligation remains to be performed under its terms is known as a(n) __________ contract.
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With respect to pledges and subscriptions, courts have generally held that these promises are:
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The Uniform Commercial Code dispenses with the requirement for consideration in contracts that involve:
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