1. Complete the following sentences with the right words: (5 Points) 1. Obligations and benefits under a contract are confined to the parties to the contract; this is the principle called (2 words) 2. The is breached when someone does or does NOT do something that an average person would have (have not) done in a similar circumstance. 3. (2 words) is the legal concept applied when a company is held responsible for harm caused by its employees in the course of employment. (2 words) 4. is a form of breach of contract consisting in the declaration of one party to NOT comply the performance required. 5. An tort occurs when a person knows the consequences of his/her actions and wants them to happen. 2. Complete the following multiple-choice questions: (5 Points) 1. According to the Law of Contracts: b) It is not considered necessary that the contract be in writing, with some exceptions. c) Even if a contract is illegal, the parties can seek a remedy through the Court system. d) A contract made by a minor is considered void with no exceptions. 2. Which of the following is NOT a main element of Negligence: a) Breach of the duty of care b) Injury resulting from the breach c) Fraudulent misrepresentation d) Proximate cause of the injury by the breach 3. According to the doctrine of vicarious liability: a) Employers are responsible for the actions of their employees while they are on the job. b) Employees cannot be held accountable for their actions if they don't have a regular contract. () Employers are responsible for the actions of their employees and their guests while they are in the business premises. d) Employees are not responsible for their actions if they have received a proper training. 4. The doctrine of the Thin Skull Rule dictates that: a) The defendant who was not able to reasonably anticipate an injury as a consequence. of his/her conduct may be held accountable in Court only if the plaintiff contributed to the cause of his/her injury. b) The tortfeasor who can reasonably foresee some injury because of his/her conduct may not be liable for more serious consequences than he/she anticipated. () The tortfeasor who can reasonably foresee some injury because of his/her conduct may be liable for more serious consequences than he/she anticipated. 5. A restaurant menu is an example of the offer element of a contract: a) False b) True, except for restaurants with liquor license. c) True, except for restaurants without liquor licence