Which of the Following Is True Regarding Wally Getting a Loan

question 25

Multiple Choice

Which of the following is true regarding Wally getting a loan and putting a new roof on the house?

• A) Wally should have known better, and his actions would be of no use to him in attempting to enforce the contract.
• B) The judge would consider his actions under the UCC as exceptions to the parol evidence rule.
• C) His actions would likely amount to promissory estoppel, which establishes an exception to the statute of frauds.
• D) His actions would be considered as admissions.
• E) His actions would be considered only because Wilma told the judge that she had orally agreed to the contract.

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Definitions:

Fertilization

The fusion of male and female gametes (sperm and ovum) to form a zygote, a process that initiates embryonic development.

Oviducts

Tubular structures in female vertebrates through which eggs pass from the ovaries to the outside of the body or to an egg receptacle.

Ovum

The female reproductive cell or egg cell in animals and plants.

Fimbriae

Fringe-like projections at the end of the fallopian tubes near the ovaries, involved in guiding the egg into the tube.