Solution 1 BMGT 380 SECTION 7983 SPRING 2015 FINAL EXAM DUE SUNDAY MAY 10TH 11 59pm EST PLEASE UPLOAD YOUR COMPLETED EXAM AS A WORD OR PDF ATTACHMENT IN
Solution BMGT SECTION SPRING FINAL EXAM DUE SUNDAY MAY TH pm EST PLEASE UPLOAD YOUR COMPLETED EXAM AS A WORD
Solution BMGT SECTION SPRING FINAL EXAM DUE SUNDAY MAY TH pm EST PLEASE UPLOAD YOUR
EXAM DUE SUNDAY MAY TH pm EST PLEASE UPLOAD YOUR COMPLETED EXAM AS A WORD OR PDF ATTACHMENT IN
Solution BMGT SECTION SPRING FINAL EXAM DUE SUNDAY MAY TH pm EST
PLEASE UPLOAD YOUR COMPLETED EXAM AS A WORD OR PDF ATTACHMENT IN
Solution BMGT SECTION SPRING FINAL EXAM DUE SUNDAY MAY TH
Solution BMGT SECTION SPRING FINAL
(Solution) 1 BMGT 380 SECTION 7983 - SPRING 2015 FINAL EXAM DUE SUNDAY, MAY 10TH, 11:59pm EST PLEASE UPLOAD YOUR COMPLETED EXAM AS A WORD OR PDF ATTACHMENT IN...

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Any suggestions?1 BMGT 380 SECTION 7983 – SPRING 2015 FINAL EXAM DUE SUNDAY, MAY 10TH, 11:59pm EST PLEASE UPLOAD YOUR COMPLETED EXAM AS A WORD OR PDF ATTACHMENT IN THE CLASSROOM YOU MUST WORK ON THIS EXAM ALONE. YOU MAY ONLY RELY ON YOUR E- TEXT, COURSE MATERIALS AND COURSE NOTES FOR THIS EXAM. YOU MAY NOT USE THE INTERNET. YOU MAY INDICATE YOUR RESPONSES BY HIGHLIGHTING YOUR MULTIPLE CHOICE SELECTION AND TYPING YOUR ESSAY RESPONSE IN RED AFTER EACH QUESTION OR YOU MAY SUBMIT A SEPARATE ANSWER ONLY DOCUMENT. PLEASE INCLUDE YOUR NAME ON YOUR EXAM!!!! MULTIPLE CHOICE Worth .6 points each – 15 points Total Instructions : Select the best answer choice for each question. 1. Sam orally agreed to sell Jamie some land for $500,000. Jamie paid Sam the $500,000; Sam gave Jamie the deed to the land. Jamie took possession of the land and began building a cabin on it. One month later, Sam tried to retake possession of the land by arguing that the contract for the sale was invalid because it was oral, not written. Sam sued Jamie to invalidate the contract and retake the land. The court will likely conclude that Sam will: a) Win; the sale exceeded $500 so the contract must be written to be valid under the Statute of Frauds. b) Win; all land sales contracts must be written. c) Lose; because the contract was fully executed Sam cannot rescind the contract. d) Lose; because Jamie had begun building a cabin on the property, Sam cannot rescind the contract. 2. On Tuesday, Jon offered to sell his CD collection to Sandy for $100. Sandy replied, "I'm interested. I'll think it over and let you know Thursday whether I want to buy the CDs." On Wednesday, Jon agreed to sell the CDs to Jason, and Jason immediately gave Jon a letter that stated: "Jon, I will buy your CD collection for $100. As we agreed, I will pay you on Friday when I pick up the CDs. Yours truly, Jason." Upon Jon's receipt of this letter on Wednesday, what best describes Jon’s contract agreement(s)? a) By forming an agreement with Jason, Jon breached his contract with Sandy because he did not effectively revoke his offer to Sandy.

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