Paralegal 041 - Contract Law » 2019 » Chapter 1 Review Materials
Need help with your exam preparation?
Get Answers to this exam for $6 USD.
Get Answers to all exams in [ Paralegal 041 - Contract Law ] course for $25 USD.
Existing Quiz Clients Login here
Question #1
One party has power to invalidate contract
A.
Voidable
B.
Void
C.
Valid
D.
Statute of Frauds
Question #2
Dictates types of contracts that must be written
A.
Torts
B.
Bill of lading
C.
Statute of Frauds
D.
Torts
Question #3
Short summary of facts, issues, holding, and reasoning of a judicial decision
A.
Statute of Frauds
B.
Bill of lading
C.
Letter of Credit
D.
Case Brief
Question #4
Contract in which both parties make promises
A.
Bilateral
B.
Limitations Period
C.
Letter of Credit
D.
Statute of Frauds
Question #5
An irrevocable promise by a buyer's bank to pay the seller when conditions are met
A.
Voidable
B.
Letter of Credit
C.
Manifestation of Mutual Assent
D.
Torts
Question #6
Documentation of the receipt of goods for shipment, issued by a party in the business of transporting goods
A.
Torts
B.
Voidable
C.
Bill of lading
D.
Case Brief
Question #7
Based on fairness and individual circumstances
A.
Case Brief
B.
Bill of lading
C.
Equitable
D.
Manifestation of Mutual Assent
Question #8
Contract formed without express statement of terms, by words and actions
A.
Torts
B.
Express
C.
Bill of lading
D.
Tacit
Question #9
Ability, as determined by age and mental competence, to enter into a contract
A.
Capacity
B.
Statute of Frauds
C.
Case Brief
D.
Limitations Period
Question #10
Law applicable to injuries to people or property
A.
Statute of Frauds
B.
Case Brief
C.
Limitations Period
D.
Torts
Question #11
Time limit on bringing lawsuit, based on statute of limitations
A.
Case Brief
B.
Limitations Period
C.
Expiration
D.
Equitable
Question #12
Person receiving a gift
A.
Donee
B.
Lessor
C.
Lessee
D.
Donor
Question #13
An element of an enforceable contract
A.
Jurisdiction
B.
Equitable
C.
Legality
D.
Venue
Question #14
Completed transfer of property without consideration
A.
Unilateral
B.
Gift
C.
Bilateral
D.
Sale
Question #15
Contract for which no particular form is required
A.
Implied
B.
Informal
C.
Formal
D.
Valid
Question #16
A contract required to be in a particular form
A.
Formal
B.
Informal
C.
Express
D.
Valid
Question #17
Set of legally enforceable promises
A.
Equitable
B.
Donation
C.
Contract
D.
Sale
Question #18
An agreement with no legal effect
A.
Voidable
B.
Void
C.
Equitable
D.
Valid
Question #19
Appearance that an agreement has been reached
A.
Contract
B.
Manifestation of Mutual Assent
C.
Express
D.
Implied
Question #20
Person making a gift
A.
Lessor
B.
Donor
C.
Lessee
D.
Donee
Question #21
Contract formed when one party acts in response to other party's promise
A.
Formal
B.
Informal
C.
Bilateral
D.
Unilateral
Question #22
Contract in which all obligations have been fulfilled
A.
Legal
B.
Completed
C.
Complied
D.
Executed
Need help with your exam preparation?
Get Answers to this exam for $6 USD.
Get Answers to all exams in [ Paralegal 041 - Contract Law ] course for $25 USD.
Existing Quiz Clients Login here