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Blaw Chapter 7

Authored by Colton Wooldridge

Business

10th - 12th Grade

Used 6+ times

Blaw Chapter 7
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20 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

Rescission is conduct suggesting you intend to be bound by the contract

True

False

2.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

The absence of genuine assent will make a contract voidable.

True

False

3.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

Committing an act of violence to obtain a signature on a written contract is duress

True

False

4.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

When one party to the contract is in a position of trust and wrongfully dominates the other party, undue influence occurs.

True

False

5.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

Signing a contact written in technical terminology that you don't understand will not bind you.

True

False

6.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

Material facts are important facts that influence the parties' decisions about a contract.

True

False

7.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

In some states, the contract is still valid if the mutual mistake is about the applicable law.

True

False

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