WorksheetsDPB30073 BUSINESS LAW - Topic 2 v2
Total questions: 15
Worksheet time: 5mins
Section 10 of the Contracts Act 1950 provides all agreements are contracts if they are made by the free consent of parties.
True
False
Undue influence caused a consent not to be free.
True
False
Coercion is defined in Section 15 of the Contracts Act 1950.
True
False
Fraud is about mistake of facts.
True
False
The case explains about mistake is Chan Yoke Lain v Pacific & Orient Insurance Co Sdn Bhd.
True
False
A void contract is explained in Section 2(g) of the Contracts Act 1950.
True
False
A void contract is an agreement enforceable by law.
True
False
Agreement is lawful unless it is forbidden by a law.
True
False
A contract prohibited by statute is void.
True
False
The transactions or contracts made immorally or opposed to public policy are considered voidable.
True
False
A contract can be discharge by performance.
True
False
Section 57(2) of the Contracts Act 1950 says that a contract is frustrated when there is a change in the circumstances which renders a contract impossible of performance.
True
False
Remedy means breach of contract.
True
False
Anton Piller Order is an example of remedies for breach of contract.
True
False
Injunction, Specific Performance and Anton Piller Order are a Minister order.
True
False
