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WorksheetsLaw Chapter 6: How Contracts Come to an End (Test Review)
Total questions: 50
Worksheet time: 25mins
The court will not rule on when a contract must be completed if time for performance is unspecified.
True
False
Ending a contract by mutual release is not allowed by law.
True
False
The doctrine of substantial performance is often applied to construction contracts.
True
False
You have a right to sue a person who breaches a contract made with you.
True
False
Ending a contract by mutual release is not allowed by law.
True
False
A person may win a lawsuit for fraud if no loss is suffered.
True
False
The destruction of the subject matter needed to perform the contract, through no fault of either party, discharges that contract.
True
False
When actual physical force is used to cause another person to enter a contract, the contract is void.
True
False
You have a right to sue a person who breaches a contract made with you.
True
False
A person may win a lawsuit for fraud even if no loss is suffered.
True
False
When actual physical force is used to cause another person to enter a contract, the contract is void.
True
False
When a bilateral mistake is made, neither party may void the contract.
True
False
A legal means for enforcing a right or correcting a wrong is called a remedy.
True
False
When you win a lawsuit and collect thousands of dollars beyond what you actually lost, you have received bilateral damages.
True
False
When a contract ends, it is said to be:
discharged
released
tendered
avoided
An offer to do what you have agreed to do under a contract is called:
substantial performance
accord and satisfaction
tender of performance
satisfactory performance
Specific performance asks the court to order the other party in a contract to:
pay the contract in full
obey all injunctions immediately
stop doing what the contract says
do what he or she has agreed to do
Wrongful acts of one of the parties may discharge a contract by:
the Wrongful Act Statute
the statute of limitations
operation of law
mutual release
The legal transfer of a right under contract is called a(n):
alteration
assignment
novation
delegation
Threats of a business nature that cause a person to enter into a contract without real consent would qualify as:
undue influence
duress
economic duress
fraud
A deliberate deception to secure unfair or unlawful gain is called:
misrepresentation
libel
a unilateral mistake
fraud
Which of the following is NOT a remedy for a breach of contract?
You may request the contract be continued.
You may accept the breach.
You may sue for damages.
You may ask the court for a remedy.
Mutual mistake is also known as:
unilateral mistake
material mistake
bilateral mistake
intentional mistake
If what seems to be a valid contract turns out not to be, the contract is:
fraudulent
deceptive
defective
mistaken
As long as all terms have been carried out properly and completely, the contract is discharged by:
Complete performance
Performance
Void
Substantial performance
When both parties have fulfilled the terms of the contract, ____________________ has taken place.
Complete performance
Performance
Void
Substantial performance
Under the doctrine of ____________________, when someone fulfills the major requirements of a contract (leaving only minor details unfinished), the contract is completed.
Complete performance
Performance
Void
Substantial performance
A(n) ____________________ is an agreement between two parties to end an agreement.
Concealment
Mutual release
Fraud
Reasonable time
If the time for performance is not mentioned in a contract, the court will say the contract must be completed in a time that is suitable and fair, or in ____________________.
Concealment
Mutual release
Fraud
Reasonable time
A(n) ____________________ mistake is an error on the part of one of the parties to a contract.
Mutual release
Fraud
Reasonable time
Unilateral
To prove ____________________, the innocent party has to show that he or she depended on the lie.
Mutual release
Fraud
Reasonable time
Unilateral
A person who intentionally fails to reveal an important fact is committing the fraud of ____________________.
Concealment
Mutual release
Fraud
Reasonable time
When actual physical force is used to cause another to enter a contract, the contract is ____________________.
Performance
Void
Substantial performance
Concealment
When the party completes the major requirements of a contract with only a few minor details remaining:
delegation
statute of limitations
substantial performance
fraud
The transfer of a duty under a contract:
delegation
statute of limitations
substantial performance
fraud
A deliberate deception intended to serve an unfair gain:
delegation
statute of limitations
substantial performance
fraud
A time limit for suing in a civil case:
delegation
statute of limitations
substantial performance
fraud
Both parties agree to end the contract:
discharge by agreement
tender
performance
undue influence
The transfer of a right under a contract:
performance
undue influence
assignment
breach of contract
Actions that make inappropriate use of one person’s power over another.
performance
undue influence
assignment
breach of contract
An offer to do what you have agreed to do under a contract.
tender
performance
undue influence
assignment
When the parties fulfill the terms of a contract by doing what they promised earlier:
discharge by agreement
tender
performance
undue influence
When a person fails to perform the duties of the contract:
assignment
breach of contract
delegation
statute of limitations
List one of two ways a contract can be discharged. (Note: you too, while not here, will on the test need to explain this answer in detail.
(a)
List the second of two ways a contract can be discharged. (Note: you too, while not here, will on the test need to explain this answer in detail.
(a)
Mutual mistake is also known as:
unilateral mistake
material mistake
bilateral mistake
intentional mistake
As long as all terms have been carried out properly and completely, the contract is discharged by _________.
tender of performance
complete performance
mutual release
none of the above
Under the doctrine of __________________, when someone fulfills the major requirements of a contract (leaving only minor details unfinished), the contract is completed.
substantial performance
complete performance
tender of performance
performance
A(n) ___________________ is an agreement between two parties to end an agreement.
bilateral
unilateral
mutual release
performance
When actual physical force is used to cause another to enter a contract, the contract is ____________.
voidable
void
canceled
discharged
