Q 1.For a modification to a contract to be valid, both parties must sign it. 2.A force majeure clause indicates who has the authority to write the first draft of the contract. 3.A contract states (1) that Buzz Co. legally exists and (2) will provide 2,000 pounds of wild salmon each week. Which of the following statements is true? 4.Marion orally agrees to sell Ashley her condominium in Philadelphia for $700,000. The parties have known each other for 20 years and do not bother to put anything in writing. Based on the agreement, Marion hires a moving company to pack up all her goods and move them to a storage warehouse. Ashley shows up with a cashier’s check, and Marion says, “You’re going to love it here.” But at the last minute, https://vcccd.instructure.com/courses/42843/quizzes/406813 2/3 3/8/22, 12:45 PM Correct! Quiz Week 7 Business Law: BUS R111 - Business Law - 32086 Marion declines to take the check and refuses to sell. Ashley sues and wins ___________ (fill in the blank). 5.Manufacturer sells a brand-new, solar-powered refrigerator. Because the technology is new, Manufacturer sells the product “as is.” Plaintiff later sues Manufacturer for breach of warranty and wins. Plaintiff is probably _____________________ (fill in the blank.)

View Related Questions