The legal environment of business text and cases
Illya owes Jenny $1,000. In a separate deal, Kasey owes Illya $1,000. Illya unconditionally assigns his rights in the deal with Kasey to Jenny. Illya’s right to the $1,000 is then
A.unchanged. | |
B.extinguished. | |
C.incidental. | |
D.assigned to a court. |
Sonya and Taylor enter into an oral contract that is required to be in writing to be enforceable. Such a contract is normally ?
A.voidable by a party who does not wish to follow through with it. | |
B.void. | |
C.valid. | |
D.voidable but only by consent of both parties. |
Mark is creating Nu2U.com, a Web site through which he will enter into contracts over the Internet. Important terms to include in his offers include
A.provisions specifying the remedies if the contract is breached. | |
B.a detailed history of his business. | |
C.glowing reviews from former customers. | |
D.his educational background. |
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