An implied-in-fact contract is equitable concept

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Reference no: EM133936638

1. An implied-in-fact contract is an equitable concept that permits the court to create a contract under the law when none exists.

True or False

2. Best Big Contractors starts to construct an apartment building for Fortune Apartments Co. After six weeks of work, however, Best Big Contractors requests an extra $65,000 due to unforeseen soil and rock conditions and the additional costs to prepare the ground for building. If Fortune Apartments Co. agrees, there is no enforceable agreement.

True or False

3. To obtain a successful conviction, the prosecutor must show the defendant committed either mens rea or actus reus.

True or False

4. Russell pledges to donate $100,000 to the Cancer Research Foundation ("Foundation"), a charitable organization. Based on Russell's pledge, the Foundation orders additional lab equipment. Russell's business loses a large contract, and Russell does not want to honor his pledge. Considering that the Foundation has committed to buy new lab equipment, the Foundation has a legal basis to enforce the pledge.

True or False

5. The U.S. Constitution guarantees that an individual is not required to testify against (incriminate) him/herself.

True or False

Reference no: EM133936638

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