BUL 5810 FSU EXAM 2 LATEST
QUESTIONS AND
ANSWERS 2026 - 2027
Because of his winning record at another school Albert signed a contract
to coach wrestling for Sigma High for a period of five years. After three
years he is offered and accepts an assistant coaching position at
Crosstown University. If they sue Albert, Sigma High cannot ask for
which remedy?
a. Payment of compensatory damages.
b. Specific performance of his contract.
c. Payment of consequential damages.
d. Payment of incidental damages. - ANSWERS-b. Specific
performance of his contract.
Bernie promises to build an office complex for Donald for $1 million by
February 1. Bernie breaches the agreement by finishing construction by
March 1. As a result of the breach, Donald lost $100,000 for the month
lost, but saved expenses of $25,000. How much is Bernie liable for?
a. $100,000
b. Nominal damages.
c. $75,000
d. $1 million - ANSWERS-c. $75,000
END OF
PAGE
1
, BUL 5810 FSU EXAM 2 LATEST
QUESTIONS AND
ANSWERS 2026 - 2027
Shirley leases Tom a defective piece of machinery that causes $50,000
in property damage and $100,000 in personal injuries. In addition to
damages for loss of value and incidental damages, how much can Tom
recover as consequential damages?
a. $150,000.
b. $100,000.
c. $50,000.
d. None of these answers are correct. - ANSWERS-a. $150,000.
Wendy is a worldwide recording artist and agrees to play on New Year's
Eve at Roscoe's mansion on the beach. Wendy later discovers that
Roscoe is a notorious gangster, and refuses to appear at the party as
agreed. If Roscoe sues Wendy, what remedy is absolutely not available
to Roscoe?
a. Consequential Damages
b. Incidental Damages
c. Nominal Damages
d. Specific Performance. - ANSWERS-d. Specific Performance.
END OF
PAGE
2
, BUL 5810 FSU EXAM 2 LATEST
QUESTIONS AND
ANSWERS 2026 - 2027
Seller agrees to sell land to Buyer for $50,000. After Buyer makes a
payment of $25,000 to Seller, Seller wrongfully refuses to transfer title.
If Buyer sues Seller for breach of contract and the court awards buyer
$25,000, what does this figure represent?
a. Foreseeability.
b. Restitution.
c. Injunction.
d. Specific Performance - ANSWERS-b. Restitution
Seller orally agrees to sell land to Buyer for $50,000. Buyer pays three
monthly installments of $10,000 to Seller before Seller repudiates the
oral contract, and argues that the contract is unenforceable under the
statute of frauds. What remedy, if any, is buyer entitled to against Seller?
a. None, the statute of frauds controls, and Buyer loses $30,000.
b. Restitution.
c. Injunction.
d. Specific performance of the land. - ANSWERS-b. Restitution.
END OF
PAGE
3
, BUL 5810 FSU EXAM 2 LATEST
QUESTIONS AND
ANSWERS 2026 - 2027
Carl agrees to build a hotel for Jerry by December 1. Both parties agree
that if Carl fails to meet his December 1 deadline, he would be obligated
to pay $10,000 per day in damages beginning December 2 for each day
it takes to finish the hotel past the December 1 deadline. The $10,000
per day damages represent:
a. Specific Performance
b. Restitution.
c. Liquidated Damages.
d. Punitive Damages - ANSWERS-c. Liquidated Damages.
In the case of Merritt v. Craig, the plaintiff sued for a rescission of the
contract along with:
a. compensatory and punitive damages.
b. lost profits.
c. nominal damages.
d. All of these are correct. - ANSWERS-a. compensatory and punitive
damages.
END OF
PAGE
4
QUESTIONS AND
ANSWERS 2026 - 2027
Because of his winning record at another school Albert signed a contract
to coach wrestling for Sigma High for a period of five years. After three
years he is offered and accepts an assistant coaching position at
Crosstown University. If they sue Albert, Sigma High cannot ask for
which remedy?
a. Payment of compensatory damages.
b. Specific performance of his contract.
c. Payment of consequential damages.
d. Payment of incidental damages. - ANSWERS-b. Specific
performance of his contract.
Bernie promises to build an office complex for Donald for $1 million by
February 1. Bernie breaches the agreement by finishing construction by
March 1. As a result of the breach, Donald lost $100,000 for the month
lost, but saved expenses of $25,000. How much is Bernie liable for?
a. $100,000
b. Nominal damages.
c. $75,000
d. $1 million - ANSWERS-c. $75,000
END OF
PAGE
1
, BUL 5810 FSU EXAM 2 LATEST
QUESTIONS AND
ANSWERS 2026 - 2027
Shirley leases Tom a defective piece of machinery that causes $50,000
in property damage and $100,000 in personal injuries. In addition to
damages for loss of value and incidental damages, how much can Tom
recover as consequential damages?
a. $150,000.
b. $100,000.
c. $50,000.
d. None of these answers are correct. - ANSWERS-a. $150,000.
Wendy is a worldwide recording artist and agrees to play on New Year's
Eve at Roscoe's mansion on the beach. Wendy later discovers that
Roscoe is a notorious gangster, and refuses to appear at the party as
agreed. If Roscoe sues Wendy, what remedy is absolutely not available
to Roscoe?
a. Consequential Damages
b. Incidental Damages
c. Nominal Damages
d. Specific Performance. - ANSWERS-d. Specific Performance.
END OF
PAGE
2
, BUL 5810 FSU EXAM 2 LATEST
QUESTIONS AND
ANSWERS 2026 - 2027
Seller agrees to sell land to Buyer for $50,000. After Buyer makes a
payment of $25,000 to Seller, Seller wrongfully refuses to transfer title.
If Buyer sues Seller for breach of contract and the court awards buyer
$25,000, what does this figure represent?
a. Foreseeability.
b. Restitution.
c. Injunction.
d. Specific Performance - ANSWERS-b. Restitution
Seller orally agrees to sell land to Buyer for $50,000. Buyer pays three
monthly installments of $10,000 to Seller before Seller repudiates the
oral contract, and argues that the contract is unenforceable under the
statute of frauds. What remedy, if any, is buyer entitled to against Seller?
a. None, the statute of frauds controls, and Buyer loses $30,000.
b. Restitution.
c. Injunction.
d. Specific performance of the land. - ANSWERS-b. Restitution.
END OF
PAGE
3
, BUL 5810 FSU EXAM 2 LATEST
QUESTIONS AND
ANSWERS 2026 - 2027
Carl agrees to build a hotel for Jerry by December 1. Both parties agree
that if Carl fails to meet his December 1 deadline, he would be obligated
to pay $10,000 per day in damages beginning December 2 for each day
it takes to finish the hotel past the December 1 deadline. The $10,000
per day damages represent:
a. Specific Performance
b. Restitution.
c. Liquidated Damages.
d. Punitive Damages - ANSWERS-c. Liquidated Damages.
In the case of Merritt v. Craig, the plaintiff sued for a rescission of the
contract along with:
a. compensatory and punitive damages.
b. lost profits.
c. nominal damages.
d. All of these are correct. - ANSWERS-a. compensatory and punitive
damages.
END OF
PAGE
4
