篩選結(jié)果 共找出680題

Which of the following is NOT a lawful excuse for failing to perform contractual obligations??

A

?Performance is rejected by the other party?

B

?Performance is made impossible by the other party?

C

?Performance is rendered more expensive than agreed due to external circumstances?

D

?Non-performance was agreed between the parties?

?Which TWO of the following are tests that should be met when determining whether damages are too?remote to be claimed?

(1) Losses must be connected in some way to the breach of contract??

(2) Losses must arise naturally from the breach of contract??

(3) Losses related to exceptional circumstances are too remote to be claimed

?(4) Losses arising outside the normal course of events will be compensated if the circumstances are?within the defendant's knowledge when they formed to contract?

A

?1 and 4?

B

?1 and 3?

C

?2 and 3?

D

?2 and 4?

In relation to the law of contract, which of the following statements in relation to damages is correct??

A

?Damages are not payable in relation to mental distress?

B

?Damages to rectify a defect are still payable even if they are wholly disproportionate to the size of the?breach?

C

?An innocent party is required to take reasonable steps to mitigate their losses?

D

?Damages in the form of a penalty clause are valid and enforceable?

Which of the following statements in relation to liquidated damages is correct??

A

?Liquidated damage clauses are void and unenforceable in contract law?

B

Liquidated damage clauses must be highlighted in the contract?

C

?The purpose of liquidated damage clauses is to deter potential breaches of contract?

D

?Liquidated damages are only payable where a condition of a contract is breached?

Which of the following statements regarding the adequacy and sufficiency of consideration is correct?

A

Consideration does not need to have a value to be sufficient?

B

?Consideration is sufficient if it has some economic value?

C

Consideration does not need to be sufficient but must be adequate?

?Which of the following is true regarding privity of contract??

A

?Third parties to a contract generally have enforceable rights under it?

B

?Only parties to a contract generally have enforceable rights under it?

C

?Privity of contract only relates to rights under a contract, not obligations?

?Which of the following is NOT an exception to the rule of privity of contract??

A

?A third party to a contract can sue for losses they incur under a contract if the losses are foreseeable

B

?A third party to a contract can bring an action under it if an implied trust has been created?

C

?A third party to a contract can enforce rights under it if it is equitable for them to do so?

?Which of the following statements regarding intention to create legal relations is correct??

A

?Social arrangements are generally intended to be legally binding?

B

?Commercial arrangements are generally not intended to be legally binding?

C

?A contract will be legally binding if both parties intended it to be so?

?Which of the following indicates that the parties intend to be legally bound??

A

?A letter of comfort?

B

?An agreement between a husband and wife to transfer property between them

C

?An agreement 'binding in honour only'?

Which of the following is a correct rule for valid consideration??

A

?Consideration must pass from the promisee?

B

?Consideration must be adequate?

C

?Past consideration is generally valid consideration?

D

?Executory consideration is generally not valid consideration?