Question 1

What would make claims based on a contract unenforceable?

Options :

A : specific performance, rescission, and forfeiture

B : the statute of limitations and doctrine of laches

C : assignment, mediation, and arbitration

D : mutual assent, lawful objective, and reality of consent

Answer: B

Question 2

John is a landlord. He has an applicant for an apartment who uses a cane. John tells her that she should go to the complex across the street, as they have more first-floor units available, and he doesn't want her to have to climb the stairs in his building. She thanks him for the tip. Evaluate.

Options :

A : John steered the applicant, which is never okay, even if she expressed appreciation.

B : John did nothing wrong. He simply evaluated the applicant and tried to do what was best for her.

C : John steered the applicant, but it was okay since she expressed appreciation.

D : John steered the applicant, which was a risky move, but it paid off this time.

Answer: A

Question 3

Which of these is a federal law that aims to protect people and the environment from the harmful effects of air pollution?

Options :

A : Clean Air Act

B : Safe Drinking Water Act

C : Superfund Amendments and Reauthorization Act

D : CERCLA

Answer: A

Question 4

Marie agreed to a contract in which she can lease a house for a period of two years and then has the option to buy the home if she can secure financing. What type of contract is this?

Options :

A : cooperative sales contract

B : sales contract with a contingency

C : land trust

D : lease-option agreement

Answer: D

Question 5

A legally competent party to a contract will:

Options :

A : have reached the age of majority and not be mentally incompetent or intoxicated by drugs or alcohol

B : have reached the age of majority and be literate

C : not be mentally incompetent or intoxicated by drugs or alcohol and have legal representation

D : be literate and not be mentally incompetent or intoxicated by drugs or alcohol

Answer: A

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