
W7 M6 - Contracts PASS
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10 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Where the parties expressly agree in the contract that the contract will or may be discharged, refers to what?
Agreement
Discharge by agreement
Novation
Abandonment
2.
FILL IN THE BLANK QUESTION
1 min • 1 pt
The ______ is the actual agreement by which the obligation is discharged.
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What refers to the consideration which makes the agreement operative?
The satisfaction
The novation
The agreement
Consideration
4.
FILL IN THE BLANK QUESTION
1 min • 1 pt
______ will occur if it can be inferred that the parties indicate that neither considers that the contract should be further performed.
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Where an unexpected event, not the fault of either party, makes contractual performance something radically different to what was originally agreed, refers to what?
Discharge by agreement
Discharge
Frustration
Failure on basis of the contract
6.
MULTIPLE SELECT QUESTION
45 sec • 1 pt
Select all the common instances of frustration that you can see below
Destruction or unavailability of subject matter
Death or incapacity of a party.
Delay
Change of law and contracts involving land
Contemplated method of performance no longer possible
7.
MULTIPLE SELECT QUESTION
45 sec • 1 pt
Select all the limits on the Doctrine of Frustration
Must be no express provision in the contract providing for the frustrating event.
The event must not have been foreseeable at the time of the contract.
Frustrating event must not have been self-induced
The event must have occurred without fault of either party.
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