Question
Business Associations | Corporations Formation and Authority | MULTIPLE_CHOICE
Medium
...factory and all of its manufacturing equipment. Its president signs a contract to sell the factory, equipment, customer list, and trade name to a competitor. The sale is outside the ordinary course and would leave the co...
Citations: Model Business Corporation Act principles
Question
Business Associations | Corporations Formation and Authority | MULTIPLE_CHOICE
Easy
A corporation's CEO signs a routine office-supply contract with a vendor that has dealt with the CEO on similar contracts for two years. The board later refuses to pay, arguing that no shareholder vote approved the contr...
Citations: Model Business Corporation Act principles
Question
Business Associations | Corporations Formation and Authority | MULTIPLE_CHOICE
Medium
A promoter signed a preincorporation contract for web-hosting services. After incorporation, the corporation used the hosting services for four months, paid two invoices from its corporate account, and then refused to pa...
Citations: Model Business Corporation Act principles
Question
Business Associations | Corporations Formation and Authority | MULTIPLE_CHOICE
Easy
A properly formed corporation enters a contract through an authorized officer and later defaults. The creditor sues a passive shareholder personally, arguing that the shareholder owns 30 percent of the corporation and sh...
Citations: Model Business Corporation Act principles
Question
Business Associations | Corporations Formation and Authority | ESSAY
Hard
...es one brewery. Its president, Dana, routinely signs grain and bottle contracts for the company. Without a board vote, Dana signed a one-year grain-supply contract at market prices. The next day, also without a board vot...
Citations: Model Business Corporation Act principles
Question
Civil Procedure | Pleadings and Motions | ESSAY
Medium
...r sued an author in federal court for breach of a manuscript-delivery contract. The complaint alleged that the author signed the contract, received a $75,000 advance, promised to deliver a manuscript by May 1, failed to...
Citations: Fed. R. Civ. P. 8(b), Fed. R. Civ. P. 8(c), Fed. R. Civ. P. 12(f), Fed. R. Civ. P. 15
Question
Contracts | Formation | ESSAY
Medium
...the strongest arguments for each side, state the controlling rule for contract formation, apply it to the material facts, and explain the likely remedy or consequence. This essay tests contract formation in the syllabus...
Citations: Restatement (Second) Contracts sections 24, 71, 90, UCC 2-204, UCC 2-205
Question
Contracts | Formation | MULTIPLE_CHOICE
Medium
...ble exception. How should the issue most likely be resolved? Correct. Contract formation requires offer, acceptance, consideration or a substitute such as promissory estoppel, and sufficiently definite terms. Track commi...
Citations: Restatement (Second) Contracts sections 24, 71, 90, UCC 2-204, UCC 2-205
Question
Contracts | Formation | ESSAY
Hard
...the strongest arguments for each side, state the controlling rule for contract formation, apply it to the material facts, and explain the likely remedy or consequence. This essay tests contract formation in the syllabus...
Citations: Restatement (Second) Contracts sections 24, 71, 90, UCC 2-204, UCC 2-205
Question
Contracts | Formation | MULTIPLE_CHOICE
Hard
...fter contributing to the problem. What is the best analysis? Correct. Contract formation requires offer, acceptance, consideration or a substitute such as promissory estoppel, and sufficiently definite terms. Track commi...
Citations: Restatement (Second) Contracts sections 24, 71, 90, UCC 2-204, UCC 2-205
Question
Contracts | Formation | ESSAY
Hard
...the strongest arguments for each side, state the controlling rule for contract formation, apply it to the material facts, and explain the likely remedy or consequence. This essay tests contract formation in the syllabus...
Citations: Restatement (Second) Contracts sections 24, 71, 90, UCC 2-204, UCC 2-205
Question
Contracts | Formation | MULTIPLE_CHOICE
Medium
...Which analysis best protects the legally relevant interests? Correct. Contract formation requires offer, acceptance, consideration or a substitute such as promissory estoppel, and sufficiently definite terms. Track commi...
Citations: Restatement (Second) Contracts sections 24, 71, 90, UCC 2-204, UCC 2-205
Question
Contracts | Formation | MULTIPLE_CHOICE
Medium
...ter. Which result best accounts for preservation and merits? Correct. Contract formation requires offer, acceptance, consideration or a substitute such as promissory estoppel, and sufficiently definite terms. Track commi...
Citations: Restatement (Second) Contracts sections 24, 71, 90, UCC 2-204, UCC 2-205
Question
Contracts | Formation | MULTIPLE_CHOICE
Medium
...to an omitted formal step. Which statement is most accurate? Correct. Contract formation requires offer, acceptance, consideration or a substitute such as promissory estoppel, and sufficiently definite terms. Track commi...
Citations: Restatement (Second) Contracts sections 24, 71, 90, UCC 2-204, UCC 2-205
Question
Contracts | Formation | MULTIPLE_CHOICE
Medium
...Which statement is most consistent with bar-tested analysis? Correct. Contract formation requires offer, acceptance, consideration or a substitute such as promissory estoppel, and sufficiently definite terms. Track commi...
Citations: Restatement (Second) Contracts sections 24, 71, 90, UCC 2-204, UCC 2-205
Question
Contracts | Formation | MULTIPLE_CHOICE
Hard
...t limitation. Which statement best explains the consequence? Correct. Contract formation requires offer, acceptance, consideration or a substitute such as promissory estoppel, and sufficiently definite terms. Track commi...
Citations: Restatement (Second) Contracts sections 24, 71, 90, UCC 2-204, UCC 2-205
Question
Contracts | Formation | MULTIPLE_CHOICE
Medium
...hat appears favorable. What should a strong answer do first? Correct. Contract formation requires offer, acceptance, consideration or a substitute such as promissory estoppel, and sufficiently definite terms. Track commi...
Citations: Restatement (Second) Contracts sections 24, 71, 90, UCC 2-204, UCC 2-205
Question
Contracts | Formation | MULTIPLE_CHOICE
Hard
...remedy. What is the strongest reason for the likely result? Correct. Contract formation requires offer, acceptance, consideration or a substitute such as promissory estoppel, and sufficiently definite terms. Track commi...
Citations: Restatement (Second) Contracts sections 24, 71, 90, UCC 2-204, UCC 2-205
Question
Contracts | Formation | ESSAY
Medium
...the strongest arguments for each side, state the controlling rule for contract formation, apply it to the material facts, and explain the likely remedy or consequence. This essay tests contract formation in the syllabus...
Citations: Restatement (Second) Contracts sections 24, 71, 90, UCC 2-204, UCC 2-205
Question
Contracts | Formation | MULTIPLE_CHOICE
Medium
...er gives the best treatment of the proof and governing rule? Correct. Contract formation requires offer, acceptance, consideration or a substitute such as promissory estoppel, and sufficiently definite terms. Track commi...
Citations: Restatement (Second) Contracts sections 24, 71, 90, UCC 2-204, UCC 2-205
Question
Contracts | Formation | ESSAY
Hard
...the strongest arguments for each side, state the controlling rule for contract formation, apply it to the material facts, and explain the likely remedy or consequence. This essay tests contract formation in the syllabus...
Citations: Restatement (Second) Contracts sections 24, 71, 90, UCC 2-204, UCC 2-205
Question
Contracts | UCC Article 2 Basics | ESSAY
Hard
A steel supplier, a merchant, sent a signed letter to a bridge contractor stating, "We offer to sell 500 tons of grade X steel at $900 per ton. This offer will remain open for 60 days." Thirty days later, the contractor...
Citations: UCC 2-104, UCC 2-205, UCC 2-206, UCC 2-207, NCBE NextGen UBE Content Scope, Contracts
Question
Civil Procedure | Discovery | MULTIPLE_CHOICE
Easy
In a federal breach-of-contract action, the parties held their Rule 26(f) conference on June 1. The court has not set a different disclosure deadline. The defendant has identified two employees likely to support its defe...
Citations: Fed. R. Civ. P. 26(a)(1), Fed. R. Civ. P. 26(e), Fed. R. Civ. P. 26(f)
Question
Contracts | Offer and Acceptance | ESSAY
Hard
...tomorrow." Before shipment, the bakery attempted to cancel, saying no contract existed because the mill had not yet delivered. In a second order, the bakery asked the mill to ship 500 pounds of rye flour. The mill shippe...
Citations: UCC 2-204, UCC 2-206, NCBE NextGen UBE Content Scope, Contracts