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5 Written questions

5 Matching questions

  1. Compensatory Damages
  2. Specific Performance
  3. Violation of Statutes
  4. Sole Proprietor
  5. American Rule
  1. a Plaintiff assumes the risk when defendants negligence consists of a violation of statute. i.e. Guest knowingly rides in a car with no headlights at night
  2. b where each party pays their own fees
  3. c a business owned and controlled by one person.
  4. d completion of an agreement as promised
  5. e (law) compensation for losses that can readily be proven to have occurred and for which the injured party has the right to be compensated

5 Multiple choice questions

  1. a deliberate deception intended to produce unlawful gain
  2. Party must try to mitigate additional losses. (i.e. renting a room)
  3. promise of reimbursement in the case of loss
  4. a written guarantee
  5. Licensees are people who enter the land with permission, but without any purpose of conferring circumstantial benefits to landowner: usually a social guest or solicitor.

    Possessors owe licensees reasonable prudence. A duty is triggered when a condition is concealed, and when the condition is known to the defendant: possessor must protect licensees from all known traps on the land.

5 True/False questions

  1. Offer and AcceptanceCreates a power of acceptance from the offering party to the potential accepting party. Contract will be formed if they sign it.

          

  2. Material Breacha failure to perform some promised act or obligation

          

  3. Non-delegable dutyAn obligation that cannot be given to a 3rd party

          

  4. Possessor of Landa bond given to protect the recipient against loss in case the terms of a contract are not filled

          

  5. Elements of Tortlets the parties contract on whatever terms they agree upon. Rules of contract formation are relaxed to be sure and confirm the parties intentions of contract