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Fall 2025-91348-202590-BUS315-02 - WI: Business Law I

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The failure of one of the parties, without any legal excuse, to fulfill the obligations of a contract is known as a 

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Which of the following is not a requirement for a finding of fraud in a contract?

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The ________blank in a third-party beneficiary contract is the party who makes the promise that benefits the third party.

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When each party's performance is conditioned on the performance of the other, this represents which of the following?

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A mistake that "goes right to the heart" of the subject matter of the contract is known as 

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A minor can "disaffirm" a contract he/she made as a minor while they are still a minor and can return the goods, in this example a car, that was subject to the contract, damaged back to the owner and receive their full payment paid for the car back from the owner. 

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Nelda receives a contract for a job at a law firm on the condition that she passes the bar examination. This is known as which of the following?

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Discharging a contract is the legal term describing either the termination of or the completion of a contract. 

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A requirement of a valid offer includes the following
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An advertisement by a store to give the first 100 customers on Black Friday a free ipad is a valid offer by the store.

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