
BLAW Ch. 7 Review
Authored by Shannon Jones
Business
11th - 12th Grade
Used 21+ times

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22 questions
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1.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
Avoidance of contracts affected by legal duress must be carried out promptly after the injured party discovers his or her assent was improperly obtained and occurred before ratification.
True
False
2.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
Rescission is the conduct suggesting you intend to be bound by the contract.
True
False
3.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
A statement of opinion by an expert _____ be treated as fact.
will
will not
4.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
Contracts created or modified by duress are rescindable.
True
False
5.
MULTIPLE CHOICE QUESTION
2 mins • 1 pt
Punitive damages may be awarded if _____ can be proven.
misrepresentation
mistake
fraud
none listed
6.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
Unilateral mistakes of law generally leave the resultant contract valid.
True
False
7.
MULTIPLE CHOICE QUESTION
2 mins • 1 pt
For misrepresentation, which of the following elements need not be proven.
a false statement of fact
the fact must be material
the statement must be relied upon
all listed must be shown.
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