Under the modern view, language that states, "I assign all my rights under the contract," can be interpreted as both an assignment of rights and an assumption of duties.

 True

 False

 

Under the parole evidence rule, contracts involving an interest in land must be in writing to be enforceable.

 True

 False

 

A collateral promise is one made by a third party to assume the debts or obligations of a primary party to a contract if that party does not perform.

 True

 False

In court, a secretary’s testimony is inadmissible where that testimony reveals that she erroneously mistyped $1,000,000.00 on a check rather than 10,000,000.00 in a lawsuit involving the drawer (the person writing the check) and the payee (the person to whom the check is written).

 True

 False

The oral premarital agreement entered into by parties intending to marry to split their post-marital assets in the event of a divorce is enforceable so long as the relevant court finds the agreement fair and reasonable.

 True

 False

An assignment must be supported by legally sufficient consideration.

 True

 False

If Rose and Peter sign a contract in which Peter agrees to buy a handmade shawl from Rose, then the fact that Peter decides to breach the contract will give Annie, a close friend of Rose, the right to sue Peter for his breach.

 True

 False

When special trust has been placed in the obligor, the duty cannot be delegated.

 True

 False

Please answer all these true/false questions.