Question 1. Which of the following is a true statement about the United States Constitution?
a) The President can enter into a treaty with another country even if Congress objects.
b) Members of the Supreme Court serve at the pleasure of the President, with the advice and consent of the Senate.
c) Congress has the power to regulate interstate commerce as it sees fit without first consulting the President.
d) If Congress and the President agree, they can override any individual state's laws under the Supremacy Clause.
Question 2. A sign posted in my neighborhood reading: "Lost cat - reward for return - $500 - no questions asked" is an example of which of these concepts:
a) Liquidated damages
b) Unilateral contract
c) Bilateral contract
d) Contract of adhesion
Question 3. Which of the following contracts must be in writing in order to be enforceable?
a) A commercial lease
b) Sale of wholesale merchandise