QUESTION 22

1. What is negligent misrepresentation?

   	A.	A false statement or conduct which induces another party to enter into a contract.
   	B.	An incorrect statement that another party ignores and does not react to.
   	C.	A statement intended to deceive someone in any situation.

1 points

QUESTION 23

1. What is product liability?

   	A.	It covers matters in which the buyer of a product is injured through the use of the product.
   	B.	It covers matters in which a product breaks and stops working.
   	C.	It covers matters arising from negligence in the design, production and sale of goods or products.

1 points

QUESTION 24

1. What is contributory negligence?

   	A.	Recognition that the plaintiff might have contributed to the injuries he or she suffered along with the defendant.
   	B.	Recognition that more than one defendant may have contributed to the injuries the plaintiff suffered.
   	C.	Recognition that the plaintiff is not telling the truth about the events in the case.

1 points

QUESTION 25

1. What is one element of a contract?

   	A.	It is detailed.
   	B.	It is in writing.
   	C.	The parties are competent or have capacity.

1 points

QUESTION 26

1. What is joint and several liability?

   	A.	Each partner is not liable for the actions or financial obligations of the other partners.
   	B.	Each partner is liable alone for any obligations of other partners, and an action against one of the partners is sufficient to bind all other partners.
   	C.	Each partner is liable only for his or her portion of the partnership.

1 points

QUESTION 27

1. What is self-induced frustration of a contract?

   	A.	When a party deliberately breaks a contract and informs the other party of the break.
   	B.	When a party deliberately brings about a situation where the contract cannot be performed and then claims frustration.
   	C.	When a party becomes frustrated with the contract and tries to get it changed or altered.