Frieda and Ursula enter into a unilateral contract, in which Ursula agrees to pay Frieda 50 if she babysits for her on Friday night. What is the consideration supporting Ursula's promise?
A) Frieda's performance by actually babysitting
B) Ursula's willingness to pay 50
C) Frieda's promise to babysit
D) There is no consideration in a unilateral contract.
Q. 2Who decides whether consideration is adequate?
A) a judge B) the paralegal drafting the contract
C) the parties themselves D) the lawyers representing the parties
Q. 3Consideration represents what aspect of a contract?
A) the reason why the parties entered into the contract
B) the remedies available if the contract is breached
C) what the parties hope to get out of the contract
D) the parties' contractual intent
Q. 4Lawyers may have to advise a client that although there is a good case for recovery, it may not be worth pursuing because:
A. The court will not hear cases involving clear liability and damage issues
B. A settlement is frowned upon by the courts
C. The defendant does not carry litigation insurance
D. The cost of litigation will exceed the possible recovery
E. All of the above
Q. 5A good mediator will:
A. Assist two parties to a civil dispute to find some common ground to settle their differences
B. Make a decision for the parties concerning the dispute that is final and binding
C. Always be an integral party to the civil action
D. Only take cases that involve criminal action
E. None of the above