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BL Contents of the Contract

Authored by Alison Oy Tai Wong

Business

1st Grade

Used 7+ times

BL Contents of the Contract
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5 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which statement defines the parol evidence rule?

All contracts must be in writing.

Parties must be above 18 years of age to enter into contracts made in writing.

Contracts in writing cannot be amended.

Oral evidence cannot be applied to add, vary or contradict the terms in a written contract.

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Media Image

The case of Van den Esschert v Chappells illustrates a case :

where there are two contracts, one in writing and the other which was made orally.

where it involved the purchase of a condominium

where some of the terms of the contract were made in writing and some of them made orally.

which conforms with the parol evidence rule.

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Media Image

What is the signature rule in exclusion clauses?

The parties have not signed the contract

Only one party has signed the contract

A person who signs a contract is bound by the written terms even though he may not have read or understood the terms

It is an exception to the rule on exclusion clauses.

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Media Image

As a consumer protected by the Australian Consumer Law (ACL) a person is entitled to :

protection through the implied guarantees of the ACL

protection through the implied terms of a contract

revise the contract made

refuse to perform the contract

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Media Image

When there is fraudulent misrepresentation you can

sue for breach of contract

sue for breach of contract and damages

rescind the contract

rescind the contract and sue for damages

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