Deck 10: Contract Law, Real Property Law, Intellectual Property, and Employment Law

Question 1

In most contracts the consideration consists of promises to do something.

Answer 1

True

Question 2

A lawsuit to evict a tenant is known as an unlawful detainer action.

Answer 2

True

Question 3

Deeds are used to transfer ownership to property.

Answer 3

True

Question 4

The "Golden Arches" is an example of something that is entitled to protection under

A) patent law
B) copyright law
C) trade secret law
D) trademark law
E) all of the above

Question 5

The Statute of Frauds

A) requires that all contracts be in writing
B) limits the types of evidence that can be used to prove the terms of the contract
C) provides a remedy for fraudulent acts
D) requires that certain types of contracts be evidenced by a writing
E) requires that written contracts be notarized

Question 6

A bilateral contract is one in which both parties have made promises to perform.

Question 7

Which of the following does not indicate an ownership interest in real property?

A) fee simple
B) life estate
C) joint tenancy
D) month-to-month tenancy
E) community property

Question 8

The Uniform Commercial Code controls:

A) contracts for the sale of goods
B) contracts involving interstate commerce
C) contracts involving banks
D) contracts for the sale of real property
E) none of the above

Question 9

The legal doctrine that allows the court to treat a certain situation as if a contract exists, even where one of the elements is missing, is known as:

A) quasi contract
B) promissory estoppel
C) parole evidence rule
D) statute of frauds
E) assignment

Question 10

The parole evidence rule limits the types of evidence that be used to prove terms of an agreement

Question 11

A contract entered into by a minor

A) is usually void
B) is usually voidable
C) is usually enforceable against the minor
D) becomes enforceable if not rescinded within 60 days
E) none of the above

Question 12

Contracts usually contain the following:

A) mutual consent
B) consideration
C) capable parties
D) legal subject matter
E) all of the above

Question 13

Patent and copyright laws are federal rather than state.
Multiple Choice

Question 14

Once a patent is obtained it is good forever.

Question 15

In contract law, the person who makes an offer is the offeree.

Question 16

A type of deed in which the grantor makes no representations is a:

A) quitclaim deed
B) warranty deed
C) grant deed
D) none of the above
E) all of the above

Question 17

The key feature of joint tenancy is a right of survivorship.

Question 18

Contracts by emancipated minors are usually valid.

Question 19

Which of the following is a void contract?

A) contract entered into by a minor
B) contract entered into by someone who is drunk
C) contract entered into by someone who suffers a mental incapacity but who had not been adjudicated by a court to be incapable
D) contract entered into by someone who has been adjudicated by a court to be incapacitated or insane
E) all of the above are void

Question 20

Which of the following indicates a non-ownership interest in real property?

A) mortgage
B) deed of trust
C) lien
D) lease
E) all of the above