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ArchitectureObserved in bank

Requirements Contract

This trap appears as a wrong-answer choice in 2 active questions. Spotting how it is built is the repair: read each example's “why it's attractive” before the “why it's wrong.”

Subject distribution

  • Contracts2

Example wrong choices

  • 14457_advent_kits_requirements · CONTRACTS · Choice ANo, because Martha’s Paper House could, and did, revoke its offer as to later deliveries.

    Why it's attractive

    The answer says revoke offer, but the stem says signed writing and four months of performance.

    Why it's wrong

    The answer says revoke offer, but the stem says signed writing and four months of performance.

  • 14457_advent_kits_requirements · CONTRACTS · Choice BNo, because no stated minimum quantity made Bethany’s promise illusory.

    Why it's attractive

    The Gold Key says all-requirements language is enough.

    Why it's wrong

    The Gold Key says all-requirements language is enough.

  • 14457_advent_kits_requirements · CONTRACTS · Choice DYes, because four months of performance by both sides made the agreement enforceable for the entire year.

    Why it's attractive

    Part performance is a rescue path; the stem already gives an enforceable requirements agreement.

    Why it's wrong

    Part performance is a rescue path; the stem already gives an enforceable requirements agreement.

  • 19506_mercy_tables_requirements · CONTRACTS · Choice BFaithful Provision, because Mercy Tables was not obligated to purchase any specific quantity of goods.

    Why it's wrong

    Choice B is not the credited answer for this item.

  • 19506_mercy_tables_requirements · CONTRACTS · Choice CMartha, because a sharp rise in the commodities index alone does not excuse a seller from a requirements contract.

    Why it's wrong

    Choice C is not the credited answer for this item.

  • 19506_mercy_tables_requirements · CONTRACTS · Choice DFaithful Provision, because the drought and resulting price spike were not foreseeable when the parties signed the agreement.

    Why it's wrong

    Choice D is not the credited answer for this item.

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