Spartan Lawyer Winter 2018
Could you pass CONTRACTS today?
As a 1L, you spent hours arguing with your study group about enforceability, drawing elaborate flow charts for performance of contract, and finding promissory estoppel everywhere you looked (whether or not it’s there – and it’s usually not).
Find out if you’d beat the curve in Dean Lawrence Ponoroff’s first-year Contracts class!
Mutual assent is determined based upon:
- Subjective theory
- A meeting of the minds
- Objective theory
- The existence of consideration
Which of the following agreements does not require a written note or memorandum order to be enforceable?
- A promise by an executor to answer for a debt of the estate
- A promise for the construction of an improvement on land
- A promise made in consideration of marriage
- A special promise to answer for the debt of another
Which of the following would not constitute good consideration?
- A performance
- A return promise
- A forbearance
- Reliance
The presumption that mutual covenants will be performed simultaneously is called:
- Constructive conditions of exchange
- The rule of independent covenants
- The parol evidence rule
- Adequate assurances of performance
C, B, D, A