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Midterm Week 4

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1. | Question : | Examine this situation:

John: "I am thinking of selling my end tables from my living room."

Mary: "If you were going to sell them, I would be interested in buying them."

John: "Sold." | | | Student Answer: | | ( ) There is a contract and Mary is obligated to buy the tables. | | | | ( ) There is no contract because there was no agreed-upon price. | | | | (X) There is a contract and the UCC can provide a market price as the price for the contract. | | | | ( ) There is no contract because there is no offer or acceptance. | | | | ( ) none of the above. | | | | Points Received: | 0 of 5 | | Comments: | | | |

2. | Question : | Non-public figures need not prove the publication element in their suits for defamation. | | | Student Answer: | | ( ) True | | | | (X) False | | | | Points Received: | 5 of 5 | | Comments: | | | |

3. | Question : | The duty of a reasonable person does not extend beyond statutorily imposed duties. | | | Student Answer: | | ( ) True | | | | (X) False | | | | Points Received: | 5 of 5 | | Comments: | | | |

4. | Question : | Commercial speech has the same level of First Amendment protection as political and individual speech. | | | Student Answer: | | (X) True | | | | ( ) False | | | | Points Received: | 0 of 5 | | Comments: | | | |

5. | Question : | Stare decisis is the doctrine of following judicial precedent. | | | Student Answer: | | (X) True | | | | ( ) False | | | | Points Received: | 5 of 5 | | Comments: | | | |

6. | Question : | The state of Florida has just passed a law requiring that oranges shipped into the state from growers located outside of the state meet certain minimum size requirements. The size

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