You passed this Milestone
19 questions were answered correctly.
2 questions were answered incorrectly.
1
Zahra and Joseph sign a contract worth $1,000. When Zahra breaks the
contract, Joseph loses the $1,000.
Which type of monetary award does Joseph receive if he is later
awarded $1,000?
Nominal damages
Incidental damages
Restitution
Compensatory damages
CONCEPT
Monetary Awards
2
Select the true statement about the Convention on Contracts for the
International Sale of Goods (CISG).
Its purpose is to unify contract law among countries to facilitate international
trade.
It governs international sales contracts for all countries in the world.
It governs the international sale of services in addition to goods.
Parties to the Convention must re-approve the treaty every five years.
CONCEPT
Sources of Contract Law
, 3
A manufacturer of a disposable butane lighter is sued for the wrongful death
of two adults and a child under strict products liability law when the family's
house burned down as a result of the six-year-old child setting bed clothes on
fire using the manufacturer’s butane lighter. The allegation against the
manufacturer is based on the theory that the lighter was defective because it
did not have a childproof device to prevent children from igniting the lighter.
This butane lighter had the words: “Keep Out of Reach of Children” written on
the outside of the lighter body.
How strong of a case does the family's estate have in its strict
product liability lawsuit against the manufacturer based on the
lighter being a defective product?
Strong, because lighters are unavoidably unsafe.
Weak, because it would be difficult to prove with certainty that the lighter was the
cause of the fire.
Weak, because there was no evidence that the product was unreasonably
dangerous in normal use.
Strong, because the product only contained a warning to keep the lighter away
from children, but did not provide a childproofing mechanism.
CONCEPT
Strict Products Liability
4
In most cases, an enforceable contract has to include consideration,
which __________.
means that both parties have full mental capacity to form an agreement
must be an exchange of legal value between the parties to the agreement
19 questions were answered correctly.
2 questions were answered incorrectly.
1
Zahra and Joseph sign a contract worth $1,000. When Zahra breaks the
contract, Joseph loses the $1,000.
Which type of monetary award does Joseph receive if he is later
awarded $1,000?
Nominal damages
Incidental damages
Restitution
Compensatory damages
CONCEPT
Monetary Awards
2
Select the true statement about the Convention on Contracts for the
International Sale of Goods (CISG).
Its purpose is to unify contract law among countries to facilitate international
trade.
It governs international sales contracts for all countries in the world.
It governs the international sale of services in addition to goods.
Parties to the Convention must re-approve the treaty every five years.
CONCEPT
Sources of Contract Law
, 3
A manufacturer of a disposable butane lighter is sued for the wrongful death
of two adults and a child under strict products liability law when the family's
house burned down as a result of the six-year-old child setting bed clothes on
fire using the manufacturer’s butane lighter. The allegation against the
manufacturer is based on the theory that the lighter was defective because it
did not have a childproof device to prevent children from igniting the lighter.
This butane lighter had the words: “Keep Out of Reach of Children” written on
the outside of the lighter body.
How strong of a case does the family's estate have in its strict
product liability lawsuit against the manufacturer based on the
lighter being a defective product?
Strong, because lighters are unavoidably unsafe.
Weak, because it would be difficult to prove with certainty that the lighter was the
cause of the fire.
Weak, because there was no evidence that the product was unreasonably
dangerous in normal use.
Strong, because the product only contained a warning to keep the lighter away
from children, but did not provide a childproofing mechanism.
CONCEPT
Strict Products Liability
4
In most cases, an enforceable contract has to include consideration,
which __________.
means that both parties have full mental capacity to form an agreement
must be an exchange of legal value between the parties to the agreement
