LSU BLAW 3201 FRY Final Version A Newest 2026
Complete 100 Questions And 100%Correct Answers
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Which of the following generally is not grounds for
discharge of a contract by operation of law?
a. Objective impossibility
b. Subsequent illegality
c. Running of the statute of limitations
d. Bankruptcy - ANSWER-Running of the statute of
limitations
The law governing assignments is found in Articles ____
and ____ of the Uniform Commercial Code (UCC), as well
as the common law. - ANSWER-2 & 9
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A gratuitous assignment is rendered irrevocable if, prior to
the attempted revocation, the assignee:
a. receives payment of the claim from the obligor.
b. obtains a judgment against the obligor.
c. Neither of the above. A gratuitous assignment is always
revocable.
d. Both (a) and (b). - ANSWER-Both (a) and (b).
Which of the following promises does not have to be
evidenced by writing in order to be enforceable?
a. Jones' agreement with Smith to sell his condominium
for $100,000
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b. Stewart's promise to work for Austin for a two-year
period
c. Dad's promise to the credit union that he will make
payments on his son's truck if his son does not pay
d. Mindy's agreement with Susan to buy her bike for $400
- ANSWER-Mindy's agreement with Susan to buy her bike
for $400
Chris receives a printed form in the mail from Wyandott
Heating indicating that he has placed a telephone order for
a $600 heater. He doesn't recall placing the order. Which
of the following is correct?
a. Wyandott can hold Chris to the order.
b. Chris can hold Wyandott to the order.
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c. Neither party is bound, because there is no signed
writing.
d. Chris is bound if he makes no objection within 10 days.
- ANSWER-Chris can hold Wyandott to the order.
In states that have adopted it, the UETA:
a. encourages and gives full effect to electronic contracts.
b. gives full effect to emergency transactions.
c. supplements and covers all of the UCC.
d. covers wills, codicils, and testamentary trusts. -
ANSWER-encourages and gives full effect to electronic
contracts.