Paralegal 041 - Contract Law » 2019 » Chapter 10 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
What has been done by the parties in the past
A.
Course of Dealing
B.
Tender Performance
C.
Perfect Performance
D.
Substantial Performance
Question #2
Seller delivers conforming goods before contract deadline, after buyer rejects non-conforming goods
A.
Cover
B.
Cure
C.
Frustration of Purpose
D.
Tender
Question #3
Buyer obtains substitute goods
A.
Perfect Tender Rule
B.
Commercial Impracticability
C.
Insecure Party
D.
Cover
Question #4
Party's indication that he is ready, willing, and able to perform
A.
Perfect Performance
B.
Tender Performance
C.
Substantial Performance
D.
Strict Performance
Question #5
Contact has no remaining value for party due to an unanticipated event
A.
Frustration of Purpose
B.
Commercial Impracticability
C.
Cure
Question #6
Fungible
A.
Interchangeable
B.
Tender
C.
Course of Dealing
D.
Major Breach
Question #7
Buyer has reasonable time to reject goods that fail, in any respect, to conform to the contract
A.
Assurance
B.
Insecure Party
C.
Rescission
D.
Perfect Tender Rule
Question #8
Contract provision requiring performance to the satisfaction of a specified individual
A.
Perfect Tender Rule
B.
Satisfaction Clause
C.
Novation
D.
Course of Dealing
Question #9
Belief that other party will not perform
A.
Strict Performance
B.
Anticipatory Breach
C.
Perfect Performance
D.
Substantial Performance
Question #10
Discharge
A.
Cover
B.
Commercial Impracticability
C.
Release
Question #11
Substantial breach of contract, usually excusing other party from further performance; see Material Breach
A.
Major Breach
B.
Frustration of Purpose
C.
Perfect Tender Rule
D.
Course of Dealing
Question #12
Unable to pay debts
A.
Insecure Party
B.
Novation
C.
Insolvency
D.
Perfect Performance
Question #13
A party's words or actions indicating intention not to perform the contract
A.
Objective Impossibility
B.
Assurance
C.
Cure
D.
Repudiation
Question #14
No deviations from contract; see Strict Performance
A.
Perfect Performance
B.
Strict Performance
C.
Perfect Performance
D.
Substantial Performance
Question #15
A pledge or guarantee that gives confidence or security
A.
Novation
B.
Assurance
C.
Frustration of Purpose
D.
Perfect Performance
Question #16
Only minor deviations from contact specification; acceptable in most service contracts
A.
Substantial Performance
B.
Strict Performance
C.
Anticipatory Breach
D.
Perfect Performance
Question #17
Lawsuit in which a whistleblower can obtain reward for exposing misconduct involving government contracts.
A.
Cover
B.
Repudiation
C.
Qui tam
D.
Objective Impossibility
Question #18
Substantial breach of contract usually excusing other party from further performance; see Major Breach
A.
Major Breach
B.
Frustration of Purpose
C.
Cover
D.
Material Breach
Question #19
New contract, involving new parties; cancels earlier contract
A.
Insolvency
B.
Insolvency
C.
Course of Dealing
D.
Novation
Question #20
Contract provision excusing performance for an event such as "act of God," fire, labor dispute, accident, or transportation difficulty
A.
Cover
B.
Frustration of Purpose
C.
Major Breach
D.
Force Majeure
Question #21
Party has good-faith belief that performance by other party is unlikely
A.
Course of Dealing
B.
Objective Impossibility
C.
Major Breach
D.
Insecure Party
Question #22
Impossibility in an objective sense; not personal
A.
Frustration of Purpose
B.
Objective Impossibility
C.
Perfect Tender Rule
D.
Cover
Question #23
To make available
A.
Tender
B.
Course of Dealing
C.
Cure
D.
Insolvency
Question #24
No deviations from contract expectations; see Perfect Performance
A.
Perfect Tender Rule
B.
Anticipatory Breach
C.
Strict Performance
D.
Cover
Question #25
Mutual agreement to cancel
A.
Cure
B.
Rescission
C.
Frustration of Purpose
D.
Bailee
Question #26
Person, other than owner, who is in possession of goods under an arrangement called a bailment
A.
Rescission
B.
Bailee
C.
Repudiation
D.
Insecure Party
Question #27
A party may be excused from contract obligations if an unforeseen circumstance makes performance impracticable
A.
Commercial Impracticability
B.
Tender Performance
C.
Perfect Tender Rule
D.
Insolvency
Question #28
Goods designated as the particular goods being sold
A.
Insolvency
B.
Cover
C.
Identified
D.
Course of Dealing
Question #29
Seller delivers goods to buyer who resells or returns them to seller; buyer takes title until sale or return
A.
Rescission
B.
Repudiation
C.
Tender
D.
Sale or return
Question #30
Industry standards for permissible deviations from specifications
A.
Tender
B.
Course of Dealing
C.
Tender Performance
D.
Trade Usage
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