Question
Identify the term legal term for a circumstance where someone is threatened and forced into a contract against their will? Family inequality Misrepresentation Undue influence
Identify the term legal term for a circumstance where someone is threatened and forced into a contract against their will?
Family inequality
Misrepresentation
Undue influence
Duress
In contract formation, it can bealleged that if oneof the parties deliberately misrepresented their part of the contract,the other party can get out of that contract.
This element in law is known as:
Mistake
Utmost good faith
Voluntariness
Innocent misrepresentation
Which of the following is NOT a clause that can limit a party's exposure to damage?
Limitation of liability clause
Exclusion clause
Liquidated damages clause
Indemnification clause
Which of the following is NOT a discharge of a contract by agreement?
Operation of Law
Accord and satisfaction
Novation
Substituted Agreement
Which of the following is an example of equity financing by a corporation?
Issuing capital
Issuing dividends
Issuing shares
Issuing loans
A rapidly growing practice as a way to fund a practice or venture by raising many small amounts of money is know as
Crowdfunding
Equity financing
Debt financing
Debit cards
In which of the following situations is it likely that a court will release a party from their contractual obligations?
Performance of the contract was significantly more difficult than expected by one party
Performance of the contract was significantly more expensive than expected by one party
Performance of the agreement was prevented after the destructionof the object of the contract by a third party
Performance of the contract was impossible because a party's subsequent actions made it impossible for that party to perform
Which of the following is not considered personal property?
Fixtures
Goods
Moveables
Chattels
Which of the following employers would be covered by provincial -not federal employment legislation
Air Canada
Royal Bank of Canada
Canada Post
Ford
Which of the following is NOT an issue typically addressed in a joint venture?
Dispute resolution procedures
Capital contributions and financing
Allocation of profit and loss
Filing annual reports
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started