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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

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