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MisconceptionObserved in bank

Dollar Threshold Controls All Sof

This trap appears as a wrong-answer choice in 1 active question. Spotting how it is built is the repair: read each example's “why it's attractive” before the “why it's wrong.”

Subject distribution

  • Contracts1

Example wrong choices

  • 14401_psalm_van_repair · CONTRACTS · Choice AYes, because Ruth's promise to Peter was oral.

    Why it's attractive

    The answer stops at the first oral promise and ignores the later signed note.

    Why it's wrong

    The answer stops at the first oral promise and ignores the later signed note.

  • 14401_psalm_van_repair · CONTRACTS · Choice BNo, because the amount of the repair bill was less than $5,000.

    Why it's attractive

    The call is about a guarantor's writing, not a dollar safe harbor.

    Why it's wrong

    The call is about a guarantor's writing, not a dollar safe harbor.

  • 14401_psalm_van_repair · CONTRACTS · Choice CYes, because Matthew's promise to Peter was oral.

    Why it's attractive

    Peter sued Ruth; Matthew's oral promise is not the dispositive writing question.

    Why it's wrong

    Peter sued Ruth; Matthew's oral promise is not the dispositive writing question.

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