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The relativity as a characteristic of contract will take effect only between parties, their assignments and heirs.Select one:a. Trueb. False
12/12/2018Midterms3/15Question 8Not yetansweredMarked out of1.00Question 9Not yetansweredMarked out of1.00Question 10Not yetansweredMarked out of1.00Question 11Not yetansweredMarked out of1.00When the offerer has allowed the offeree a certain period to accept, the offer may be withdrawn at any time beforeacceptance by communicating such withdrawal, except:The following are causes of reformation of instrument except:Select one:a. Unilateral, one party is in bad faith, the party in good faith may seek reformation of contract.No contract may be entered into upon future inheritance except in cases expressly authorized by law.Contract is perfect when the offeror or counter offeror learn about the acceptance.Select one:a. Trueb. False
12/12/2018Midterms4/15Question 12Not yetansweredMarked out of1.00Question 13Not yetansweredMarked out of1.00Question 14Not yetansweredMarked out of1.00Question 15Not yetansweredMarked out of1.00A contract is to be judged by its character, courts will look into substance and not to the mere form of the transaction.The following are characteristics of a contract, except:When there is mutual mistake, either party or the successor in interest may ask for reformation.___________________means one party bears the lion's share of the risk.Select one:a. Pactum de non alienadob. Pactum leoninac. None of the choicesd. Pactum commisorum
12/12/2018Midterms5/15Question 16Not yetansweredMarked out of1.00