ETH321T Week 4 Practice Assignment
1. What are compensatory damages?
2. What is the definition of fraud?
3. Which of the following contracts are not required to be in writing?
4. What are punitive damages?
5. Callie wants to work for an insurance firm. Before she is hired, the firm wants her to sign a non-compete agreement that she will not work for any other insurance firm in the state or any surrounding state for the next ten years. Which of the following is most likely true?
6. What is the correct definition of assignee?
7. What is the correct definition of offeror?
8. Claire and Donny want to use a contract to enforce a business deal. Which of the following would most solidly enforce to terms of their agreement?
9. Which of the following would most likely qualify as substantial performance?
10. What is the correct definition of delegator?
11. Lou picks up a desktop mouse he finds lying on a desk at school. The next day Travis recognizes the mouse as the one he left behind the day before but tells Lou he “might as well have it.” The mouse is:
12. Which of the following is a definition of novelty?
13. Which of the following would most likely be considered fair use?
14. Perry started a new company called Thixxix, along with a distinctive trademark mark meant to identify the company. Perry doesn’t bother to register the trademark. The year following the creation of his company, Perry sees a trademark logo for another company that looks just like the mark for Thixxix. Which of the following is true?
15. Torey broke into a competitor’s office to steal a trade secret. She is eventually caught. If she has gained from the use of the trade secret, which of the following is true?
16. BooneTech has a superior instrumentation system for doing work in its factory. It regularly offers tours so people can come and observe the special equipment. When a competitor begins to use similar equipment, BooneTech sues the competitor for utilizing a trade secret. Which of the following is true?
17. Which of the following is the correct definition of utility?
18. Which of the following is the correct definition of non-obviousness?
19. Jerry wants to rent out living space to a tenant. He wants the benefit of steady rent payments and the ease of evicting the tenant when he feels it would be convenient. Jerry also wants to formalize the tenancy with a rental agreement so that his rights and privileges are explicitly accounted for and agreed to in writing. Which form of tenancy should Jerry use in renting out his space?
20. A __________ may have an infinite duration.
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