CONTRACT-bida

CONTRACT-bida

University

10 Qs

quiz-placeholder

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CONTRACT-bida

CONTRACT-bida

Assessment

Quiz

Social Studies

University

Practice Problem

Hard

Created by

Jamie-Lyn Jamias-Garcia

Used 6+ times

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10 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

have no legal effect whatsoever

valid

void

voidable

uneforceable

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

valid until annulled

valid

void

voidable

unenforceable

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

parties can include any terms and conditions as long as they are not contrary to law, morals, public policy, public order

mutuality

obligatory force

relativity

autonomy

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

contracts are binding only between the contracting parties, their heirs or assigns

mutuality

relativity

obligatory force

autonomy

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Operating structure pertains to the legal formation of a business entity

Maybe

False

True

Probably

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

owners of a corporation

Stockholders

Stakeholders

Directors

Shareholders

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

kind of operating structure where 1 of the partners is only an investor

limited partnership

general partnership

corporation

sole proprietor

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