Question 44

With a condition precedent

it is a condition that operates to terminate a party's absolute promise to perform

none of the answers are correct

it is a condition that requires each party's absolute duty to perform on the other party's absolute duty to perform

it is a condition that must be fulfilled before a party's promise becomes absolute

Question 43

Usury is a form of gambling.

1. True
2. False

Question 42

An agreement that can be enforced in court is a

strict liability

contract

crime

tort

Question 41

Whether a contract's purpose is legal or illegal, a court will enforce it.

1. True
2. False

Question 40

A counteroffer is a valid acceptance.

1. True
2. False

Question 39

With a bilateral mistake

one party is mistaken, but both parties are affected

both parties are mistaken

none of the answers are correct

the court is mistaken

Question 38

A unilateral mistake

generally does not give the mistaken party any right to relief from the contract

is different than a bilateral mistake

all of the answers are true

occurs when only one party is mistaken as to a material fact