Midterms_-Attempt-review-LAW.pdf - Midterms Attempt review...

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2/4/2020 Midterms: Attempt review Dashboard / My courses / BL-LAW-6288-LEC-1922S / Week 10: Midterm Exam / Midterms Question When there is unilateral mistake, the uninjured party may ask for reformation. Select one: 1 Correct Mark 1.00 out of 1.00 Started on Tuesday, 4 February 2020, 2:06 PM State Finished Completed on Tuesday, 4 February 2020, 2:16 PM Time taken 10 mins 30 secs Marks 50.00/50.00 Grade 100.00 out of 100.00 a. False b. True
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Question A contract is to be judged by its character, courts will look into substance and not to the mere form of the transaction. Select one: 2 Correct Mark 1.00 out of 1.00
Question Select one: 3 Correct Mark 1.00 out of 1.00 In acceptance of offer with a period, acceptance beyond the time fixed is not legally an acceptance but an old offer. Select one:
Question Simulation of a contract may be ________________________. Select one: 4 Correct Mark 1.00 out of 1.00
Question The procedure of reformation of instrument shall be governed by _____________________of the Supreme Court. Select one: 5 Correct Mark 1.00 out of 1.00 a. Rules of court b. None of the choices c. Clerk of court d. Criminal court
2/4/2020 Midterms: Attempt review Question Contracts are perfected by mere consent, and from that moment, the parties are bound not only to fulfillment of what has been expressly stipulated but not to consequences Select one: 6 Correct Mark 1.00 out of 1.00
2/9 Question 10 Correct Mark 1.00 out of 1.00 Question 11 Correct Mark 1.00 out of 1.00
Question If two parties agree upon the mortgage or pledge of real or personal property, but the instrument states that the property is sold absolutely or with a right of repurchase, reformation of the instrument is proper. Select one: 7 Correct Mark 1.00 out of 1.00
Question ____________________is a characteristic of a contract wherein validity and performance cannot be left at the will of one of them. Select one: 8 Correct Mark 1.00 out of 1.00
Question A contract entered into in the name of another by one who has no authority or legal representation, or who has acted beyond his powers, shall be unenforceable, unless it is ratified, expressly or impliedly, by the person on whose behalf it has been executed, before it is revoked by the other contracting party. Select one: 9 Correct Mark 1.00 out of 1.00 a. False b. True

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