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Which of the following is true regarding amending a contract…

Which of the following is true regarding amending a contract already in place?

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Olivia catches a baseball at an MLB game that is worth a gre…

Olivia catches a baseball at an MLB game that is worth a great deal of money because it is a baseball that a veteran player hit to break a home run record during his final season of professional baseball. Assume this activity gives Olivia good title to the ball. She later sells the ball to Rosie, a 14-year-old, for $250,000. Rosie then sells the ball in an online auction where bidders bid anonymously, and a 44 year old sports memorabilia collector named Sidney buys it for $300,000. What form of title does Sidney have of the baseball after she purchases the ball from Rosie?

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A contract for the sale of a bus for $20,000 will be governe…

A contract for the sale of a bus for $20,000 will be governed by the UCC and not by common law.

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In January, Penelope agrees to sell 100 pounds of sugar to V…

In January, Penelope agrees to sell 100 pounds of sugar to Vito at a set price with the sale set to take place in June. In March, Penelope discovers there is a major sugar shortage that would require her to pay her supplier five times more than expected if she fulfilled her contract with Vito which means she would lose money if she then resold the sugar to Vito at their predetermined price. She tells Vito in April, two months before the sale is supposed to take place, that she will not sell him the sugar. Can Vito immediately sue Penelope for breach of contract in April before the scheduled June sale date actually passes?

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Amanda Rhynes is a fictional child actress who became famous…

Amanda Rhynes is a fictional child actress who became famous after starring in a long-running television show. She started working for the production company that made the show when she was 15 and signed a 10-year contract to work for the company in exchange for agreed upon compensation. After working on the show for the next nine years, one year before the 10-year employment contract was set to expire, a then 24-year-old Rhynes quit working for the production company without giving any explanation for her decision. The production company that employed Rhynes is now suing her for breach of contract. What is the most likely result?

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In a common law contract, a party who delivers substantial p…

In a common law contract, a party who delivers substantial performance is legally discharged from having to complete other responsibilities arising under the contract.

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Trina offers her fancy convertible sport car for sale on Fac…

Trina offers her fancy convertible sport car for sale on Facebook for $29,000 even though its fair market value is $29,750. Dion e-mails Trina and agrees to buy the car for the advertised price. Trina is unaware that Dion had been drinking tequila for the past few hours and was intoxicated when he e-mailed her his acceptance to buy the car. Is the contract between Trina and Dion to sell the car for $29,000 valid and enforceable?

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Janie agreed to buy a used iPhone 8 from Mick for $1,400. La…

Janie agreed to buy a used iPhone 8 from Mick for $1,400. Later, she realizes she overpaid for the phone and could have bought a brand new Phone 16 for about $1,000. Janie the demands Mick refund her the $1,400 because he clearly sold her the phone for way more than it was worth. Which of the following is the most likely result if Janie sues Mick alleging breach of contract?

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The implied warranty of merchantability is only present when…

The implied warranty of merchantability is only present when goods are purchased from a seller who is a merchant.

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Someone who purchases stolen goods but did not know that the…

Someone who purchases stolen goods but did not know that they were stolen before he purchased them now has which of the following types of title to the goods?

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