Blaw Final Study

Active concealment of a material fact nonetheless leaves the resultant contract valid.

• True

• False

If the illegality and agreement of a contract is slight or if one of the parties is relatively innocent of wrongdoing, the law will allow restitution or for the agreement to be enforced in court.

• True

• False

A clear rejection terminates an offer.

• True

• False

To prove fraud, an alleged victim must show all the elements necessary to prove misrepresentation in addition to showing intent and injury.

• True

• False

Even children and insane persons may be held liable for their tortious conduct.

• True

• False

The rule that makes the final written version of the contract the ultimate source of evidence as to the contract's terms is called the written evidence rule.

• True

• False

Generally, a contract "within the Statute of Frauds" does not have to be in writing to be enforceable.

• True

• False

A failure to respond at all to an offer can be construed as an acceptance.

• True

• False

A promise to make a gift to a charitable organization can be made enforceable by the charity sending a written request for the money to the potential donor within 30 days.

• True

• False

Past performance by one party to a contract is always legally sufficient consideration for a new promise by the second party.

• True

• False