Question

1. contracts can be illegal if they

a. violate public policy.
b. violate a statute.
c. all of the above.
d. none of the above.

1. consumer protection laws can be passed by

a. a state legislature.
b. the u.s. congress.
c. the federal government only.
d. both a and b.

1. professor f promises student a fifty extra credit points if he washes and waxes her car. this is an example of:

a. an executed contract
b. a unilateral contract
c. a contract that only may be enforced by one party
d. a void contract

1. the common law of contracts was created by

a. the legislature.
b. the executive.
c. judges.

Explanation:

1. Contracts are illegal if they violate public policy or a statute. So "all of the above" is correct.
2. Both state legislatures and the U.S. Congress can pass consumer - protection laws.
3. A unilateral contract is where one party makes a promise in exchange for a performance by the other party. Here, Professor F promises extra credit for a service, which is a unilateral contract.
4. The common law of contracts was developed by judges through court decisions.

Answer:

1. c. all of the above
2. d. both a and b
3. b. A unilateral contract
4. c. judges