BLAW 2

Creative Charlie had sketched plans for an invitation, but had not yet built a prototype. He wanted to make sure the invitation could actually be manufactured before going through the expense of applying for the patent. He contracted with a local machine shop to work on the prototypes. As part of the agreement, the machine shop agreed not to disclose any information about the invention. Charlie learned from one of the employees that the owner of the machine shop had successfully built a prototype without telling Charlie and that the owner was going to begin marketing the invention in a joint venture with another firm. Could Charlie get an injunction in this situation?

1) A realtor ordered some inventory by phone from a manufacturer. The order was for 1,00 machines from the manufacturers inventory at $300 each. The manufacturer sent the retailer a fax moments later detailing the order. The retailer looked at the fax and was satisfied that it stated the terms of the contract, but never responded n any way. When the goods were delivered on time a month later, the retailer refused to accept them, asserting that the contract was unenforceable. Which is true?

Ralph purchases a car from a minor and subsequently sells it to Jack, another adult who had no reason to know of the previous transaction and who paid full value for the car. Which of the following best describes this situation?

Josh had a computer that needed repair. He took the computer to a used computer dealer that also repaired computers. While talking with the owner, Josh learned that the owner also knew how to repair bicycles. Josh happened to need some repairs done on his bike, so he left it at the computer shop too. A week later, Josh went to pick up his bike and computer. When he got to the store, the owner said he had bad news. He had hired a new employee. The new employee had major difficulties and sold a number of items that were in for repair. He sold both Josh’s computer and his bike. The store owner knows who purchased them from the credit card records. In this situation, Josh can recover

Jerry Lee was a professional singer. He entered into a contract to sing at a concert sponsored by ABC Co. He also entered into a contract to sell his house to Mary. Before either contract could be performed, Jerry dies. Both ABC and Mary sue for breach of contract What results?

Sarah agrees to paint John’s house for $5,000. After Sarah finishes the job, John complains that it was not done correctly. After much discussion, they agree that the contract will be satisfied if John gives Sarah $4,000 and a certain diamond necklace. Which of the following statements is true concerning the situation?

George, an employee, breaches a fixed-term employment contract by quitting before the end of the term. What can his employer, MNO Inc, recover as damages?

When an employer breaches an employment contract, what obligation does the employee have in seeking substitute employment?

Mary, age 16, buys a car from friendly auto dealers. She pays $1500 for the car. It turns out that the car is really worth $2,500. Friendly wants to disaffirm the contract and get the car back. Which of the following best describes the situation?

At age 16, Phil bought a car from Acme Auto Co. for $2,500. Phil drove the car for about six months, and then he had an accident. The damage to the auto was $1500. In addition, the value of the auto before the accident was only $2000. The accident was not Phil’s fault. Phil wishes to disaffirm the contract. Which of the following best describes this situation?

Sally and Jeff are both minors. Sally buys Jeff’s motorcycle for $1000, its resalable value. Jeff spends $700 of his money. Later, Sally wrecks the motorcycle and it is a total loss. Sally wants her money back. Which of the following best describes this situation?

Arthur had been adjudicated insane. During his period of insanity, Arthur sold some unimproved real estate to Katrina for $5000, it’s fair value. Katrina did not know that Arthur was insane. In fact, he acted perfectly normal in every way. Arthur spends $5000. Arthur’s guardian learns of this transaction and sues to void the contract and recover the land. What results?

John offered to sell Jane his 1959 Thunderbird automobile. Before Jane could accept the offer, lightning struck the car, and it was totally destroyed. Which of the following is true?

Erin receives an offer in the mail from Susan on July 14 that say, “I will sell you my vacation home for $80,000. You may accept this offer by signing the bottom of this letter and placing it in the mail so that it is postmarked by July 31st.” Which is true?

Sam receives an offer that states: “I will sell you my car for $8,500, you have 10 days to accept.” On day 4, Sam tells the seller that he will give him $8,000, but the seller rejects this. Which of the following is true?

Marilyn decides to sell the diamond broach she inherited from her grandmother at an auction “with reserve”. Can she withdraw the broach from sale?

Mr. Smith awakens one morning to the sound of construction in his back yard. When he looks out the window, he sees Ajax Construction Co. Apparently erecting a garage on his property. He had not spoken or contracted with Ajax for this service. However, Mr. Smith really wanted a new garage, so he let them continue. Later, it was discovered that the garage was intended to go next door. Ajax sues Mr. Smith for the value of the garage. What is the probable result?

David decides to sell his coin collection at an auction that is advertised as being “without reserve.” Can David change his mind and withdraw the collection from the auction?

Frank says to Mary: If you wash every window in my house today, I will pay you $200. By 2pm, Mary washes 12 windows out of the 20 windows

Jana and Annie enter into a written agreement whereby Jana promises to sell and Annie promises to buy a certain parcel of land for $5000. The contract is legal and is performed on January 1st. Which of the following describes the contract as of January 2nd?