1. Expression of all kinds is subject to reasonable restrictions.

2. Transnational Corporation and United Shipping, Inc., agree to a contract that includes an arbitration clause. If a dispute arises, a court having jurisdiction may

3. Applied Business Corporation makes and markets its products nationwide. Under the stakeholder approach, to be considered socially responsible when making a business decision, Applied must take into account the needs of

4. Clyde enters Desert Decathlon, an athletic competition in which Clyde has often competed. Regarding the risk of injury, Clyde assumes the risks

5. In 2010, Online Marketing Corporation registers its trademark as provided by federal law. After the first renewal, this registration

6. The intent to return the embezzled property is a defense to the crime of embezzlement.

7. Mae is granted immunity after she agrees to testify about a crime. Mae has an absolute privilege against self-incrimination and

8. A unilateral contract is formed when the one receiving the offer completes the requested act or performance.

9. Under the plain meaning rule, a court will enforce a contract according to what it clearly states.

      10. Most advertisements¾"this property for sale"¾are offers.

10. Elin decides to try to sell her collection of celebrity memorabilia in an auction "with reserve." If Elin changes her mind, she can withdraw her collection

11. Quality Steel Corporation files a suit against Rite Tool Company, claiming that the consideration for their contract is inadequate. The court will most likely not examine the adequacy of the consideration if

13. A person who enters into a contract when he or she is intoxicated can void the contract if the terms are obviously favorable to the other party.

14. If a price quotation contains a mistake in the adding of a number of figures, the contract may not be enforceable.

15. Glen and Hadley sign a written contract. Glen claims that the parties later orally agreed to modify the contract. Any oral modification is likely not enforceable if it falls under

16. Joy and Kris enter into a contract for Kris to lay sod in Joy's yard for which she agrees to pay Kris. When Kris's schedule conflicts, she contacts Leza, to whom Kris "assigns all rights under the contract." Kris is

17. Musica Production Company and Nora enter into a contract for Nora to write six songs for which Musica agrees to pay her. Nora transfers her right to payment under the contract to Omni Entertainment Agency. Nora is

18. The injury suffered by a non breaching party due to the breach of a contract may be remedied by payment of compensatory damages.

19. Compensatory damages compensate the non breaching party for injuries or damages sustained by that party.

20. On behalf of Premier Shipbuilding Corporation (PSC), Rita orders 1,000 cases of 1/4-inch nuts from Steel Parts Company's 10,000-case lot. Steel Parts separates 1,000 cases from the lot. Title and risk of loss

21. Tasty Pastries, Inc., and other bakers refer to a "baker's dozen" as consisting of a collection of thirteen baked goods. This is an example of

22. In contracts involving a carrier, a seller can complete performance only through a destination contract.

23. Relax Chair Company contracts to deliver 100 chairs to Stuffy Furnishings Store on May 1 for which Stuffy agrees to pay. Relax tells Stuffy on April 15 that delivery will be delayed until June 1. Stuffy may

24. Big Screen Video Corporation sells high-definition television sets. Under most circumstances, Big Screen Video will be presumed to have warranted that its title to the TVs is

25. Dependable Appliances, Inc., and Elain enter into a contract for a sale of kitchen appliances. Dependable, a merchant who deals in goods of the kind sold, notes that its goods come with an implied warranty of merchant ability. Under the UCC, this means that the goods are reasonably