Devry BUS420 week 4 quiz

Jul 30th, 2016
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Question Question 1.1.(TCO 4) Jeffrey became a victim of fraud when he entered a pyramid scheme which turned out to be a scam. In order to claim damages, Jeffrey has to prove which of the following? (Points : 2) Misrepresentation Motive of the fraudster Economic injury Involvement in the pyramid scheme Question 2.2.(TCO 4) Uri and Vicky orally agree on the sale of Uri's Nite Club to Vicky and note terms on a pair of the Club's napkins, which they both sign. A written memorandum evidencing an oral contract that would otherwise be unenforceable must contain _____ (Points : 2) every term. the essential terms. the preliminary terms. the qualitative terms. Question 3.3.(TCO 4) Darla sells an all-terrain, off-road vehicle to Esteban without disclosing that the odometer, which reads 30,000 miles, was disconnected 50,000 miles ago. Darla is most likely liable for _____. (Points : 2) duress fraud mistake nothing Question 4.4.(TCO 4) Heather chooses to buy a scarf at Macy’s and r

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Devry BUS420 week 4 quizQuestionQuestion 1.1.(TCO 4) Jeffrey became a victim of fraud when he entered a pyramid schemewhich turned out to be a scam. In order to claim damages, Jeffrey has to prove which of thefollowing? (Points : 2)MisrepresentationMotive of the fraudsterEconomic injuryInvolvement in the pyramid schemeQuestion 2.2.(TCO 4) Uri and Vicky orally agree on the sale of Uri's Nite Club to Vicky andnote terms on a pair of the Club's napkins, which they both sign. A written memorandumevidencing an oral contract that would otherwise be unenforceable must contain _____ (Points :2)every term.the essential terms.the preliminary terms.the qualitative terms.Question 3.3.(TCO 4) Darla sells an all-terrain, off-road vehicle to Esteban without disclosingthat the odometer, which reads 30,000 miles, was disconnected 50,000 miles ago. Darla is mostlikely liable for _____. (Points : 2)duressfraudmistakenothingQuestion 4.4.(TCO 4) Heather chooses to buy a scarf at Macys and reads the price on the tag as$50. She uses her credit card to pay for the scarf, but post-purchase, she notices that the price tagactually says $500. This is an instance of a(n) _____. (Po

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