3299588
Descripción
Test por tessammorris, actualizado hace más de 1 año
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Creado por tessammorris
hace alrededor de 9 años
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Pregunta 1
Pregunta
As a general rule, no formalities, except that a contract must be in writing, are required for a contract to be valid.
Respuesta
- True
- False
Pregunta 2
Pregunta
Contracts for alienation of land must be in writing and signed by the parties or their agents acting on written instructions.
Respuesta
- True
- False
Pregunta 3
Pregunta
An underlying principle of the law of contract namely, pacta sunt servanda is that agreements concluded should be enforceable.
Respuesta
- True
- False
Pregunta 4
Pregunta
Supervening impossibility of performance refers to an instance when a voidable contract was concluded but due to an act of God/ State the continuation of performance has become impossible.
Respuesta
- True
- False
Pregunta 5
Pregunta
Choose the 6 requirements for an offer and acceptance to be binding:
Respuesta
-
The offer and acceptance must be made with the intention of being bound
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The offer must be complete
-
It must be clear and certain
-
Express acceptance
-
The offer must be addressed to a specific person or the general public
-
The offer must be communicated
Pregunta 6
Pregunta
Choose the requirements in order for duress to be present in the formation of a contract and to render such contract voidable:
Respuesta
-
There must be actual violence or damage or a threat of violence or damage which causes reasonable fear
-
The threat must be imminent
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The threat must be unlawful
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A party to the contract must be responsible for the threat
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The threat must not cause the other party to conclude the contract
Pregunta 7
Pregunta
Essentialia are terms automatically incorporated into the contract as implied terms, unless they are excluded by the parties to the particular contract.
Respuesta
- True
- False
Pregunta 8
Pregunta
Naturalia are essential terms identify the contract as being a certain kind of contract, for example a contract of sale, employment, credit or lease.
Respuesta
- True
- False
Pregunta 9
Pregunta
A condition is a contractual term that renders the operation of a contract and consequences of a contract dependent on the occurrence or non-occurrence or a specified uncertain future event.
Respuesta
- True
- False
Pregunta 10
Pregunta
A suspensive time clause stipulates the duration of the contract, after which it ceases.
Respuesta
- True
- False
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