A voidable contract Multiple Choice O O O Allows the parties to enforce it if they wish Does not permit enforcement because it does not exist Does not exist from the outset Is valid only if there is consent between the parties.

which of the following is considered an Unfair Trade Practice under Florida law? A) Abandonment B) Coercion C) Consequential Damage D) Waiver

Which of the following represents the MOST accurate contractual definition of "consideration"? something valuable that each party exchanges in order to demonstrate that they agree to the contract's terms earnest money something that both parties to the contract perceive as valuable something perceived as valuable by at least one party to the contract

1) What is a Contract and what are its elements? 2) When is there a VALID OFFER? 3) What is Breach of Contract? 4) Differentiate Void from Voidable Contacts.  5) When is there Undue Influence in a Contract?

Using the IRAC model to answer the question.   Jim and Jane got married   last Sunday. The next day they travelled to Extended Stay Hotel in Miami  for their honeymoon. They arrived at the Hotel, checked in and proceeded  to their room. At the back of the front door  in their room was a notice excluding liability, which read that “ Extended Stay will not be responsible for articles lost or stolen, unless it is logged at the front desk for safe custody.”   However, this exclusion clause could only be seen after the  door is closed as well as,  the actual notice was small and colored in black, with a white background. Regrettably, with all the excitement of their honeymoon,  both Jim and Jane did not even notice the exclusion clause at the back of the door. One day when they were out shopping, someone came into their  room and stole Jim’s laptop.…

Conditions precedent Multiple Choice Render a contract frustrated Render a contract void at the option of the injured party Must occur before a contract can be cancelled Must occur before a contract is enforceable Render a contract void immediately

Describe Express and implied contracts. What does it mean when a contract is called void and voidable?

Ioncorp sells cabinets nationwide to the furniture company Blinkorp. It makes an agreement that Blinkorp will only sell Ioncorp cabinets in its warehouses.      Strictly illegal   Legal   Illegal, depending on impact

WHAT IS THE MEANING OF THE OBJECTIVE THEORY OF CONTRACTS AND HOW DOES THE OBJECTIVE THEORY OF CONTRACTS RELATE TO CONTRACTUAL INTENT?

Identify FOUR (4) ways to terminate a contract, esplain it briefly and include examples