In Which of the Following Would the Court Find That

question 140

Multiple Choice

In which of the following would the court find that the contract is void (i.e.,not a binding agreement) ?

• A) After some negotiation, Paul accepted Monafo's offer to sell him the painting for $5000. When the contract was put in writing, the price was incorrectly stated as $500. Monafo could prove the terms of the oral contract.
• B) Two parties contracted for a tanker of oil, but unknown to either of them at the time of the contract, the tanker had caught on fire and all the oil had burnt.
• C) Kramer, thinking that the city was going to build a new school in the area, offered to buy a house. She had not talked with the seller or his agent about the possibility of a school. After the offer was accepted, she learned that there would be no such new school.
• D) Joe bought pizzas, but after eating one he realized that purchasing them was a big mistake.
• E) Ry and Ali, two parties to a contract, each had a different understanding about the term "royalties" in the contract. The court found Ali's interpretation the more reasonable.

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Definitions:

Selection

The process of identifying and choosing individuals from a group of applicants to fill job vacancies in an organization.

Red-Circled

A term used to describe employees whose pay exceeds the maximum of their pay range, often due to changes in job structure or pay scale adjustment.

Pay Ranges

The scale of pay established for jobs of similar value or category within an organization, reflecting minimum and maximum pay rates.

Compensable Factors

Key job elements that are considered when determining the pay for a position, including skills, effort, responsibility, and working conditions.