MGT 315 Module 6 Mastery (Questions & Answers)
, 1/1
Question 1
What are the effects of illegality in a contract?
a. the contract is void
b. the courts will not aid either party
c. neither party can enforce it if it is not yet fulfilled
d. neither party can recover damages if executed
Selected: e. all of the above This answer is correct.
You are right. An illegal contract is void and neither party can enforce or recover damages, as the
courts will not aid either party.
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Question 2
_____ is the legal ability to enter into a contractual relationship and the third requirement for a valid
contract.
a. Age of majority
b. Contractual capacity
m
Selected: c. Ratification This answer is incorrect.
er as
d. None of the above
co
Actually, try again. Contract capability is the legal ability to enter into a contractual relationship and
eH w
the third requirement for a valid contract. To learn more, see the section “Contractual Capacity” in
o.
Chapter 9 in your text.
rs e
ou urc
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Question 3
Article 2 of the Uniform Commercial Code provides that acceptance can be made by conduct. The
o
Restatement (Second) of Contracts has a similar provision. Under these provisions, a binding contract
can be created by a customer’s _________ when clicking on the acceptance of the terms in a shrink-
aC s
wrap or click-on agreement for an online purchase.
vi y re
a. behavior
b. ability
c. perspective
d. conduct
ed d
Selected: e. physical signature This answer is incorrect.
ar stu
Actually, try again. There is an action a customer takes when accepting online purchases that is
conducive to signing for a purchase agreement. See the section “Online Acceptances” in Chapter 8
of your text.
is
1/1
Th
Question 4
A third party receiving benefit from a contract cannot sue to enforce the contract if which of the
following is true?
a. the benefit to the third party was not the reason for the contract
sh
b. the third party’s performance is rendered directly
c. the third party has no rights in the contract
Selected: d. both a & c This answer is correct.
This study source was downloaded by 100000826342158 from CourseHero.com on 10-19-2021 17:03:32 GMT -05:00
https://www.coursehero.com/file/36490080/Mod-6-Masterydocx/
, 1/1
Question 1
What are the effects of illegality in a contract?
a. the contract is void
b. the courts will not aid either party
c. neither party can enforce it if it is not yet fulfilled
d. neither party can recover damages if executed
Selected: e. all of the above This answer is correct.
You are right. An illegal contract is void and neither party can enforce or recover damages, as the
courts will not aid either party.
0/1
Question 2
_____ is the legal ability to enter into a contractual relationship and the third requirement for a valid
contract.
a. Age of majority
b. Contractual capacity
m
Selected: c. Ratification This answer is incorrect.
er as
d. None of the above
co
Actually, try again. Contract capability is the legal ability to enter into a contractual relationship and
eH w
the third requirement for a valid contract. To learn more, see the section “Contractual Capacity” in
o.
Chapter 9 in your text.
rs e
ou urc
0/1
Question 3
Article 2 of the Uniform Commercial Code provides that acceptance can be made by conduct. The
o
Restatement (Second) of Contracts has a similar provision. Under these provisions, a binding contract
can be created by a customer’s _________ when clicking on the acceptance of the terms in a shrink-
aC s
wrap or click-on agreement for an online purchase.
vi y re
a. behavior
b. ability
c. perspective
d. conduct
ed d
Selected: e. physical signature This answer is incorrect.
ar stu
Actually, try again. There is an action a customer takes when accepting online purchases that is
conducive to signing for a purchase agreement. See the section “Online Acceptances” in Chapter 8
of your text.
is
1/1
Th
Question 4
A third party receiving benefit from a contract cannot sue to enforce the contract if which of the
following is true?
a. the benefit to the third party was not the reason for the contract
sh
b. the third party’s performance is rendered directly
c. the third party has no rights in the contract
Selected: d. both a & c This answer is correct.
This study source was downloaded by 100000826342158 from CourseHero.com on 10-19-2021 17:03:32 GMT -05:00
https://www.coursehero.com/file/36490080/Mod-6-Masterydocx/
