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5 Written questions

5 Matching questions

  1. Void Contract
  2. Damages
  3. Competent
  4. Meeting of the Minds
  5. Enforcable
  1. a
    Having legal capacity; capable quallified
  2. b A contract that creates no legal rights= no contract at all.
  3. c
    The mutual assent of the parties to a contract with respect to all the prinicipal terms of the contract
  4. d
    The sum of money that may be recovered in the courts of financial reperation for an injury or wrong suffered as a result of breech of contract or a totious act
  5. e
    can be put into effect or carried out refering to legal right. eg. contract;judment

5 Multiple choice questions

  1. in both contract and tort a remdy that restores the status quo

  2. Involoving two intrests. 2. having two sides
  3. A contract in which there is a promise on one side only, the consideration being an act rather than a promise.

  4. Effective; suffcient in law; legal

  5. a sum agreed upon by the parties at the time of entering into a contract as being payable by way of compensation for loss suffered by the event of a breech of contract

5 True/False questions

  1. Parol EvidanceRule evidance of fraud contract

          

  2. Oral Contract
    A signed, written contract

          

  3. Implied ContractA contract that creates no legal rights= no contract at all.

          

  4. Accord of satisfaction
    an agreement between two persons, one of whom is suing the other, in which the clamant accepts a compromise in full satisfaction of his claim (usually less)

          

  5. Misrepresentationin both contract and tort a remdy that restores the status quo