QUESTION 3<\/p>\n
If a specific future event terminates a party’s obligations under a contract, that future event is called a(n):<\/p>\n
foreseeable event.<\/p>\n
continuing condition.<\/p>\n
avoidable condition.<\/p>\n
condition subsequent.<\/p>\n
QUESTION 5<\/p>\n
Mortgages and leases must be in writing to be enforceable because:<\/p>\n
they cannot be performed within 1 year.<\/p>\n
they involve more than one party.<\/p>\n
the payment of money is involved.<\/p>\n
they are considered to be transfers of interests in real estate.<\/p>\n
6 points \u00a0\u00a0<\/p>\n
QUESTION 6<\/p>\n
If an unforeseen event occurs after a contract has been made that makes one of the party’s performance under the contract prohibitively more expensive than was contemplated when the contract was made:<\/p>\n
the party whose performance is now more expensive still has to perform their obligations under the contract.<\/p>\n
that party’s obligation to perform under the contract can be cancelled under the doctrine of commercial impracticability.<\/p>\n
the parties to the contract will have to renegotiate the terms of the contract.<\/p>\n
the contract is automatically breached.<\/p>\n
6 points \u00a0\u00a0<\/p>\n
QUESTION 7<\/p>\n
If a contract requires that a party to the contract perform specific obligations that are expected to take 2 years to complete, what circumstance would remove that contract from the statute of frauds requirement that contracts that cannot be performed within 1 year be in writing?<\/p>\n
No circumstance would remove the contract from the statute of frauds’ requirement that the contract be in writing because all contracts that cannot be performed within a year must be in writing.<\/p>\n
If the contract was between two business entities, the contract would not have to be in writing.<\/p>\n
If there is a possibility that the obligations under the contract could be performed in less than a year after the contract was made, the contract would not have to be in writing.<\/p>\n
If the parties to the contract agree that the contract will be enforceable even though it is not in writing, the contract would not have to be in writing.<\/p>\n
6 points \u00a0\u00a0<\/p>\n
QUESTION 8<\/p>\n
Does an agreement to get married have to be in writing to be enforceable?<\/p>\n
No, a mutual promise to marry does not have to be in writing.<\/p>\n
Yes, promises made in consideration of marriage are required to be in writing.<\/p>\n
Yes, if the date of the marriage is to be more than 1 year from the date of the agreement.<\/p>\n
Yes, if the parties to the agreement are citizens of different states.<\/p>\n
QUESTION 10<\/p>\n
If a specific event must occur before a party to a contract is required to perform their obligations under the contract, the contract:<\/p>\n
is voidable.<\/p>\n
must be in writing.<\/p>\n
contains a condition precedent.<\/p>\n
is not enforceable.<\/p>\n","protected":false},"excerpt":{"rendered":"
QUESTION 3 If a specific future event terminates a party’s obligations under a contract, that future event is called a(n): foreseeable event. continuing condition. avoidable condition. condition subsequent. QUESTION 5 Mortgages and leases must be in writing to be enforceable because: they cannot be performed within 1 year. they involve more than one party. the […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[10],"class_list":["post-100598","post","type-post","status-publish","format-standard","hentry","category-research-paper-writing","tag-writing"],"_links":{"self":[{"href":"https:\/\/papersspot.com\/blog\/wp-json\/wp\/v2\/posts\/100598","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/papersspot.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/papersspot.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/papersspot.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/papersspot.com\/blog\/wp-json\/wp\/v2\/comments?post=100598"}],"version-history":[{"count":0,"href":"https:\/\/papersspot.com\/blog\/wp-json\/wp\/v2\/posts\/100598\/revisions"}],"wp:attachment":[{"href":"https:\/\/papersspot.com\/blog\/wp-json\/wp\/v2\/media?parent=100598"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/papersspot.com\/blog\/wp-json\/wp\/v2\/categories?post=100598"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/papersspot.com\/blog\/wp-json\/wp\/v2\/tags?post=100598"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}