WorksheetsCONTRACT-bida
Total questions: 10
Worksheet time: 5mins
have no legal effect whatsoever
valid
void
voidable
uneforceable
valid until annulled
valid
void
voidable
unenforceable
parties can include any terms and conditions as long as they are not contrary to law, morals, public policy, public order
mutuality
obligatory force
relativity
autonomy
contracts are binding only between the contracting parties, their heirs or assigns
mutuality
relativity
obligatory force
autonomy
Operating structure pertains to the legal formation of a business entity
Maybe
False
True
Probably
owners of a corporation
Stockholders
Stakeholders
Directors
Shareholders
kind of operating structure where 1 of the partners is only an investor
limited partnership
general partnership
corporation
sole proprietor
one of its advantages is that decisions can immediately be made
general partnership
sole proprietorship
corporation
limited partneship
which does not belong to the group?
object
consent
cause
contract
mistake, violence, intimidation, undue influence, fraud
vices of consent
vice-president
vice-ganda
miami vice
