Question
1.The aim of quantum meruit is to restore the claimant to the position they would have been ij if the contract had never been made,
1.The aim of quantum meruit is to restore the claimant to the position they would have been ij if the contract had never been made, and is therefore known as restitutory award. True/false
2.Rescinding a contract does not mean that it is cancelled or rejected and the parties are restored to their pre-contract condition. True/False
3. A collateral contract is a contract where consideration is provided by the making of another contract. True/False
4.If something said in negotiations proves to be untrue, the party mislead can claim for breach of contract if the statement became a term of the contract. True/False
5.Auditors have no right to require from the company's officer's, employees or any other relevant person, such information and explanations as they think necessary for the performance of their deities as auditors. True/false
6.Auctionners are agents authorized to sell property at auction on behalf of the seller. When an auctioneer accepts bid from a buyer, they become the agent of the buyer for the purpose of making a record of the sale. True/False
7. A commercial agent is an agent who has continuing authority in connection with the sale or purchase of goods. True/false
8.The employees has the right to expect employer to display good behavior in the workplace(to comply with company policy and procedure, and to behave in the workplace in a manner acceptable in the norms of society)
9.A bill of exchange or promissory note must be made in writing. True/false
10.A decree of specific performance will be given, where performance would severely prejudice third parties Hayes v King William's town Municipality(1951).True/false
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