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Law Chapter 6

Total questions: 18

Worksheet time: 9mins

Name
Class
Date
1.
When a bilateral mistake is made, neither party may avoid the contract.
a)
True
b)
False
2.
Individuals can make a false representation by not saying something that they should say.
a)
True
b)
False
3.
A person may win a lawsuit for fraud even if no loss is suffered.
a)
True
b)
False
4.
A threat to exercise one's legal rights is a form of duress.
a)
True
b)
False
5.
People who cannot read English, but sign a contract written in English, are not bound by that contract.
a)
True
b)
False
6.
Threats of a business nature that cause a person to enter into a K without real consent would qualify as
a)
undue influence
b)
duress
c)
economic duress
d)
fraud
7.
Mutual mistake is also known as
a)
unilateral mistake
b)
bilateral mistake
c)
material mistake
d)
intentional mistake
8.
A deliberate deception to secure unfair or unlawful gain is
a)
misrepresentation
b)
libel
c)
unilateral mistake
d)
fraud
9.
If what seems to be a valid contract turns out not to be, the contract is
a)
fraudulent
b)
deceptive
c)
defective
d)
mistaken
10.
A fact that is important to one of the parties to a contract is a(n)
a)
material fact
b)
unilateral fact
c)
crucial fact
d)
concealed fact
11.
A ____________ mistake is an error on the part of one of the parties to a K.
a)
unilateral
b)
bilateral
c)
duress
d)
false
12.
A person who enters a K because of fraud may either sue for damages or _________ the contract.
a)
void
b)
fraud
c)
rescind (avoid)
d)
duress
13.
A valid offer plus a valid acceptance = _________.
a)
fraud
b)
under duress
c)
genuine agreement
d)
false
14.
A person who intentionally fails to reveal an important fact is committing the fraud of ______________.
a)
duress
b)
concealment
c)
fraud
d)
void
15.
When actual physical force is used to cause another to enter a K, the K is ______________.
a)
fraud
b)
false
c)
void
d)
concealed
16.
A deliberate deception to secure an unfair or unlawful gain is known as ____________.
a)
void
b)
rude
c)
duress
d)
fraud
17.
Overcoming a person's will through force is ___________.
a)
unilateral
b)
concealment
c)
duress
d)
rescinded
18.
The party bringing a lawsuit for fraud must prove that the party making the representation knew it was _____________.
a)
concealed
b)
false
c)
genuine
d)
unilateral