AM
BLAW 210 EXAM 2 STUDY GUIDE EXAM ACTUAL
QUESTIONS AND ANSWERS WITH COMPLETE
SOLUTIONS VERIFIED LATEST UPDATE GRADED A+
+ 2025/2026
Terms in this set (148)
Which of the following is D) Money
acceptable consideration for a
contract?
A) a penalty
B) an arrest
C) a sentence
D) money
Explain the basic requirements that mutual assent, expressed
must be met for a contract to be by a valid offer and
enforceable. acceptance; adequate
consideration; capacity;
and legality
A contract is if the offeror's offer C) Unilateral
can
be accepted only by the
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performance of an act by the
offeree.
A) executed
B) executory
C) unilateral
D) bilateral
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Alan tells Sherry that D) Cannot revoke the contract
he will pay her
$5,000 if she runs
the Boston
Marathon. Once
Sherry starts running
the marathon, Alan
________.
A) can revoke the
contract, as an
informal verbal
agreement is not
legally binding
B) can revoke the
contract, provided
he does so before
she completes
the
marathon
C) can reduce the
amount of money
he offered her,
provided he does
so before she
completes the
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marathon
D) cannot revoke the
contract
A(n)_contract is only B) unilateral
valid once the
offeree performs the
requested act.
A) bilateral
B) unilateral
C) express
D) auction
An oral agreement to D) Express
purchase a
neighbor's bicycle for
$250 is a(n) ________
contract.
A) void
B) voidable
C) implied
D) express
In terms of the
doctrine of quasi-
contract, which of the
following statements
is true?
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