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CHAPTER ELEVEN QUIZ

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  4. Correct
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  1. Question 1 of 11
    1. Question

    Real estate contracts that are not personal service contracts

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  2. Question 2 of 11
    2. Question

    The guardian for a mentally incompetent party enters into an oral contract with another party to buy a trade fixture. This contract

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  3. Question 3 of 11
    3. Question

    The purpose of the Statute of Frauds is to

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  4. Question 4 of 11
    4. Question

    The statute of limitations requires that parties to a contract who have been damaged or who question the contract’s provisions

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  5. Question 5 of 11
    5. Question

    Which of the following contracts must be in writing to be enforceable?

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  6. Question 6 of 11
    6. Question

    As part of a construction contract between a contractor and a buyer, the contractor promises to complete construction by November 20. This promise can be construed as

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  7. Question 7 of 11
    7. Question

    An important legal feature of a contract is

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  8. Question 8 of 11
    8. Question

    According to contract law, every valid contract is also

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  9. Question 9 of 11
    9. Question

    A seller immediately accepts a buyer’s offer but waits eight days before returning the accepted document to the buyer. Meanwhile, the offer has expired. Which of the following is true?

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  10. Question 10 of 11
    10. Question

    A good example of a unilateral contract is

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  11. Question 11 of 11
    11. Question

    A buyer submits an offer to a seller. Two hours later, the buyer finds a better house, calls the first seller, and withdraws the offer. Which of the following is true?

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    Incorrect
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