BAC 102 Final Exam

BAC 102 Final Exam

University

50 Qs

quiz-placeholder

Similar activities

ORGMAN-FINAL EXAM

ORGMAN-FINAL EXAM

University

50 Qs

Pre-Test Immersion

Pre-Test Immersion

12th Grade - University

50 Qs

Business Finance 1_2566 Final

Business Finance 1_2566 Final

12th Grade - University

50 Qs

MIS Part 2

MIS Part 2

University

55 Qs

CORPORATE REGULATIONS AND ADMINISTRATION

CORPORATE REGULATIONS AND ADMINISTRATION

University

50 Qs

Business Mathematics Final Quiz

Business Mathematics Final Quiz

University

55 Qs

BLW01-Midterm Exam

BLW01-Midterm Exam

University

50 Qs

Startup Smart 2025

Startup Smart 2025

University

50 Qs

BAC 102 Final Exam

BAC 102 Final Exam

Assessment

Quiz

Business

University

Medium

Created by

Mary Jane Murillo

Used 1+ times

FREE Resource

50 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

An oral contract will be easier to enforce if...

it is recorded

there is a witness

there are multiple witnesses

all of the above

2.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

This is the act of making intelligible that was not before understood, ambiguous, or not obvious.

Ratification

Identification

Formulation

Interpretation

3.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

This remedy is used when there has been meeting of the minds of the parties, hence a contract exists but the written instrument purporting to embody the contract does not express the true intention of the parties by reason of mistake, fraud, inequitable conduct, or accident.

Annulment

Reformation

Rescission

Ratification

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the proper remedy if mistake, fraud, inequitable conduct, or accident has prevented a meeting of minds of the party?

Reformation

Annulment

Cancellation

Rescission

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

It is the mistake of fact that is common to both parties of the instrument which causes the failure of the instrument to express their true intention.

One-sided Mistake

Dual Mistake

Mutual Mistake

Double-Sided

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A seller unknowingly offering defective merchandise to a customer.

Fradululent Misrepresentation

Negligent Misrepresentation

Innocent Misrepresentation

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following is NOT a Mistake?

Common

Mutual

Unilateral

Fraudulent

Create a free account and access millions of resources

Create resources

Host any resource

Get auto-graded reports

Google

Continue with Google

Email

Continue with Email

Classlink

Continue with Classlink

Clever

Continue with Clever

or continue with

Microsoft

Microsoft

Apple

Apple

Others

Others

By signing up, you agree to our Terms of Service & Privacy Policy

Already have an account?