Question
QUESTION 12 Which of the following would be considered a Force Majeure for the purposes of contract law: A. An airplane is delivered to a
QUESTION 12
Which of the following would be considered a Force Majeure for the purposes of contract law:
A. | An airplane is delivered to a customer without a working engine. | |
B. | A hurricane sinks a ship bringing goods to Canada. | |
C. | A contracting party dies in an unrelated car accident. | |
D. | A third party offers more money for the same goods. |
QUESTION 13
A fiduciary duty exists in the following situations:
A. | A Lawyer and Client | |
B. | An Accountant and Client | |
C. | A Teacher and student | |
D. | A + B |
QUESTION 14
Negligence in law does not require the following elements:
A. | The Defendant owes the Plaintiff a Duty of Care | |
B. | A professional relationship between the parties | |
C. | A standard of care | |
D. | Damages |
QUESTION 15
Sari wants to buy Omar's car but does not have any assets to buy it. She remembers that she gave him a computer when he needed one last year and also remembers that he said something, someday in return. She believes that that something back should be the car. Omar disagrees, but Sari insists that there is now a contract between the two parties. Which of the following statements is true:
A. | This is an example of a valid contract due to it being a sealed contract | |
B. | This is an example of an invalid contract due to past consideration | |
C. | This is an example of an invalid contactdue to part payment of a debt. | |
D. | This is an example of an invalid contract due to part payment of a debt. |
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