Assignment:
Question 1. Brice borrowed $2500, including interest, from Cyndi in February 2010. Now it is April 2013, and Brice still has not made any of the scheduled payments. Cyndi is considering suing Brice for the money owed. Brice points out that the statute of limitations on an action involving a contract, in the state where they live, is three years. The contract, between Brice and Cyndi is:
- void
- voidable
- unenforceable
- executed
- none of the above
Question 2. If eventually shown not to be accurate, the following statement(s) could constitute misrepresentation:
- "This airplane has only been flown for 200 hours."
- "You'll never experience anything else like it."
- "This cold cream is some of the best in the nation."
- "This is not your usual piece of luggage."
- All of the above could be the basis for misrepresentation