Law, 17.06.2021 16:40 ciel8809

11. In relation to existing duties, which of the following statements is incorrect? a) b) c)
d)
Performance of existing duties can never amount to good consideration.
Where the existing duties are exceeded, this may amount to good consideration
Where the promisee confers a benefit on the other party, this may amount to good consideration.
Where the promisee assists the other party in avoiding a detriment, this may amount to good consideration
12. An
a) Between friends and social acquaintances
b) Between husband and wife
c) Where parties in a commercial relationship have established the agreement between them is
'in honour only'
d) Between parties in a commercial relationship
13. Where a meaningless term is used in an agreement, the effect is?
a) The entire contract will be held unenforceable.
b) It has no practical effect on the contract - the whole contract is enforceable
c) This term, rather than the entire contract, may be held unenforceable.
d) The courts will order the parties to re-write the contract to more accurately identify what
their intentions were.
14. In relation to minors, which of the following types of contract is not voidable but binds the minor?
a) Contracts involving the sale of shares
b) Leasingproperty
c) Contracts of partnership
d) A contract for necessities
15. Which of the following is NOT a type of mistake in contract law?
a) Frustrated mistake
b) Common mistake
c) Mutual mistake
d) Unilateral mistake
16. Which of the following elements is incorrect in establishing an actionable misrepresentation?
a) A statement of material fact that induces the other party into the contract
b) A false representation
c) The innocent party did or did not believe the statement to be true
d) The representation induced the party into the contract.

Answers: 1

Show answers

Another question on Law

Law, 03.07.2019 15:10

Why is the supremacy clause considered to be the root of federalism?

Answers: 1

Answer

Law, 07.07.2019 08:10

Question 1: for those students who do not take traffic school, which of the following is true? . they are 75% more likely to get a traffic ticket, 24% more likely to be involved in an accident, and 16% more likely to have an accident! . they are 10% more likely to get a traffic ticket, 24% more likely to be involved in an accident, and 75% more likely to have an accident - they are 5% more likely to get a traffic ticket, 75% more likely to be involved in an accident, and 16% more likely to have an accident - they are 50% more likely to get a traffic ticket, 5% more likely to be involved in an accident, and 24% more likely to have an accident

Answers: 1

Answer

Law, 13.07.2019 16:10

If the light is green as you approach an intersection, you should: a. cover your brakes b. expect it to change soon c. speed up to enter the intersection

Answers: 1

Answer

Law, 15.07.2019 21:20

What is the tax base for the sales tax ?

Answers: 1

Answer

You know the right answer?

11. In relation to existing duties, which of the following statements is incorrect? a) b) c)
...

Questions