Chapter 9 Quiz
1. What is a bilateral mistake?
a. A mistake made by one party to contract
b. A mistake made by both parties to contract
c. A mistake made by an outside party
d. No mistake at all
2. A prenuptial agreement is subject to
a. The statute of marriage
b. The statute of divorce
c. The statute of frauds
d. The statute of bilateral promises
3. Marty agrees to rent an apartment from Sherry for the months of January, February,
March, and April. Is this 4-month lease subject to the Statute of Frauds?
a. Yes, interest in land are always subject to the statute of Frauds
b. No, because apartment contracts are never subject to the statute of frauds
c. Yes, leases over one month must be in writing
d. No, many states say leases of property for one year or less aren’t subject to the
statute of frauds
4. Which of the following is a reason parties cannot enter into an agreement
a. a bilateral promise was made
b. consideration was provided
c. capacity is assumed
d. a party was mistaken, tricked, or threatened
5. Courts look at how the parties have been interpreting the contract terms to date as they
have performed under the contract
a. Course of performance
b. Course of dealings
c. Usage of trade
d. Mistake of law
6. Which is not part of the test for intentional (fraudulent) misrepresentation?
a. Misrepresentation of a material fact
b. An intent to deceive
c. Puffery of a fact
d. The innocent party must rely on the misrepresentation
7. Charlie builds a time traveling machine and uses it to go anywhere in time. Billy has just
lost the love of his life in a car accident and finds Charlie to be able to save peoples lives
by going back in time. Billy begs of Charlie to go back in time and save his wife; Charlie
makes Billy bind himself to a contract to fork for him in return. What type of contract is
this?
a. Adhesion contract
b. Undue influence
c. Innocent misrepresentation
d. Formal contract