GOVT 404 Final Exam
Attempt 154 out of 220 points(spring 2020
Score real exam)
Callie Cook
Course 202020 Spring 2020 GOVT 404-B01 LUO
Test Final Exam
Started 3/9/20 1:53 PMLATE
Submitted 3/9/20 3:31 PMLATE
Due Date 3/6/20 11:59 PM
Status Completed
Attempt Score 154 out of 220 points
Time Elapsed 1 hour, 37 minutes out of 2 hours
Instructions Time limit: 2 hours
42 multiple-choice and essay questions
Open-book/open-notes
Do not hit the BACK button as this will lock you out of the
exam.
The timer will continue if you leave this exam without
submitting it.
Results Submitted Answers, Feedback
Displayed
Question 1
0 out of 5 points
TripleCyl contracts with ManuPow Partners to sell 100 forklift engines at a cost of $2,000
each. TripleCyl agrees to deliver the engines in one installment on April 1. On March 20,
TripleCyl delivers 98 engines together with a note stating that the remaining two
engines would be delivered the following day. The next day TripleCyl delivers two
engines. Is ManuPow Partners entitled to reject the engines? Choose the best answer:
Selected No, TripleCyl has substantially performed, and substantial performance
Answer: is not breach.
Question 2
5 out of 5 points
, Mandie interviews Carlton for a new job at Mandie’s company. At the end of the
interview, Mandie offers to hire Carlton on a two-year contract with a salary of $42,000,
plus health insurance. Carlton asks if he can “sleep on it” and let Mandie know his
answer the next day. Mandie agrees. That night, Mandie texts Carlton the message: “I
just found someone else for the position, but thanks for interviewing and best of luck.”
Choose the best answer:
Selected Carlton cannot accept the offer because it was
Answer: revoked.
Question 3
5 out of 5 points
GC Company is a building contractor, performing work for the Owner of a construction
project. The contract between GC Company and Owner provides that there will be six
phases of work. Further it provides that at the end of each phase of work, GC Company
should submit its request for payment to Owner’s architect. Once the architect approves
the work performed, GC Company is entitled to payment of 1/6 of the total contract
price. GC Company performs work on phases 1, 2, 3, 4, and 5, and the Owner pays for
the work despite the fact that GC Company never submitted its requests for payment to
the architect and never got the architect’s approval of the work. When GC Company
submits its request for the sixth and final payment, the Owner refuses to pay it on the
grounds that GC Company has never submitted it, or any other request for payment, to
the architect. What is GC Company’s most likely argument that it is entitled to payment?
Selected Owner has waived the right to insist on strict compliance with the
Answer: condition that was included in the contract.
Question 4
5 out of 5 points
Drain Clean Solution, Inc. (DCS) cleans industrial drainage systems. DCS contracts with
Big Motor Co. (BMC) to clean the water drainage systems around its large manufacturing
facility. DCS agrees to charge $15,000 for its services. It costs DCS $12,000 to perform
the work. The fair market value of the work to BMC is $13,000. After the work is
performed, BMC does not pay DCS. Choose the best answer:
Selected If DCS is awarded $12,000, that amount represents DCS’s
Answer: reliance interest.
Question 5
5 out of 5 points
Apples Co. sells apples. Apples are readily available in the marketplace. Beta Co.
operates a large retail fruit market. Apples contracts to sell 30 bushels of apples to Beta
Co. and deliver them on November 20. On November 1, Apples Co. tells Beta Co. that it
will not deliver any apples to Beta Co. Choose the best answer:
Selected If Beta Co. buys apples from another seller at a price that is $300 more
Answer: than the contract price between Apples Co. and Beta Co., Beta Co. will
recover $300 from Apples Co.
Question 6
5 out of 5 points
Allen is hiring a computer database designer to help his law firm design a custom client
Downloaded by: ianwazaski |
Distribution of this document is illegal
Attempt 154 out of 220 points(spring 2020
Score real exam)
Callie Cook
Course 202020 Spring 2020 GOVT 404-B01 LUO
Test Final Exam
Started 3/9/20 1:53 PMLATE
Submitted 3/9/20 3:31 PMLATE
Due Date 3/6/20 11:59 PM
Status Completed
Attempt Score 154 out of 220 points
Time Elapsed 1 hour, 37 minutes out of 2 hours
Instructions Time limit: 2 hours
42 multiple-choice and essay questions
Open-book/open-notes
Do not hit the BACK button as this will lock you out of the
exam.
The timer will continue if you leave this exam without
submitting it.
Results Submitted Answers, Feedback
Displayed
Question 1
0 out of 5 points
TripleCyl contracts with ManuPow Partners to sell 100 forklift engines at a cost of $2,000
each. TripleCyl agrees to deliver the engines in one installment on April 1. On March 20,
TripleCyl delivers 98 engines together with a note stating that the remaining two
engines would be delivered the following day. The next day TripleCyl delivers two
engines. Is ManuPow Partners entitled to reject the engines? Choose the best answer:
Selected No, TripleCyl has substantially performed, and substantial performance
Answer: is not breach.
Question 2
5 out of 5 points
, Mandie interviews Carlton for a new job at Mandie’s company. At the end of the
interview, Mandie offers to hire Carlton on a two-year contract with a salary of $42,000,
plus health insurance. Carlton asks if he can “sleep on it” and let Mandie know his
answer the next day. Mandie agrees. That night, Mandie texts Carlton the message: “I
just found someone else for the position, but thanks for interviewing and best of luck.”
Choose the best answer:
Selected Carlton cannot accept the offer because it was
Answer: revoked.
Question 3
5 out of 5 points
GC Company is a building contractor, performing work for the Owner of a construction
project. The contract between GC Company and Owner provides that there will be six
phases of work. Further it provides that at the end of each phase of work, GC Company
should submit its request for payment to Owner’s architect. Once the architect approves
the work performed, GC Company is entitled to payment of 1/6 of the total contract
price. GC Company performs work on phases 1, 2, 3, 4, and 5, and the Owner pays for
the work despite the fact that GC Company never submitted its requests for payment to
the architect and never got the architect’s approval of the work. When GC Company
submits its request for the sixth and final payment, the Owner refuses to pay it on the
grounds that GC Company has never submitted it, or any other request for payment, to
the architect. What is GC Company’s most likely argument that it is entitled to payment?
Selected Owner has waived the right to insist on strict compliance with the
Answer: condition that was included in the contract.
Question 4
5 out of 5 points
Drain Clean Solution, Inc. (DCS) cleans industrial drainage systems. DCS contracts with
Big Motor Co. (BMC) to clean the water drainage systems around its large manufacturing
facility. DCS agrees to charge $15,000 for its services. It costs DCS $12,000 to perform
the work. The fair market value of the work to BMC is $13,000. After the work is
performed, BMC does not pay DCS. Choose the best answer:
Selected If DCS is awarded $12,000, that amount represents DCS’s
Answer: reliance interest.
Question 5
5 out of 5 points
Apples Co. sells apples. Apples are readily available in the marketplace. Beta Co.
operates a large retail fruit market. Apples contracts to sell 30 bushels of apples to Beta
Co. and deliver them on November 20. On November 1, Apples Co. tells Beta Co. that it
will not deliver any apples to Beta Co. Choose the best answer:
Selected If Beta Co. buys apples from another seller at a price that is $300 more
Answer: than the contract price between Apples Co. and Beta Co., Beta Co. will
recover $300 from Apples Co.
Question 6
5 out of 5 points
Allen is hiring a computer database designer to help his law firm design a custom client
Downloaded by: ianwazaski |
Distribution of this document is illegal
