Question 1

When a contract is oral, the first task of a court is to determine what the parties agreed to.

Accepted Answer

A) True 
 B)False

Question 2

Under the Statute of Frauds a "promise to answer for the miscarriage of another" has been interpreted to mean

Accepted Answer

A)  a promise to perform a contract that has been breached by another. 
B)  a promise to settle a debt owed by another. 
C)  a promise to pay for goods not paid for by a purchaser. 
D)  B & C 
E)  a promise to pay for the injury caused by the tort of another. 
A)  a promise to perform a contract that has been breached by another. 
B)  a promise to settle a debt owed by another. 
C)  a promise to pay for goods not paid for by a purchaser. 
D)  B & C 
E)  a promise to pay for the injury caused by the tort of another.

Question 3

Regardless of the legal requirements, what are the practical advantages of a written record?

Accepted Answer

There are a significant amount of advant

Question 4

Mary tells John, "I shall pay the debt my sister owes you." This statement is a promise of guarantee.

Accepted Answer

A) True 
 B)False

Question 5

The Statute of Frauds is a law that was passed to

Accepted Answer

A)  prevent fraud in transactions involving the purchase and sale of land. 
B)  provide some relief to third parties who have been affected by fraudulent contracts. 
C)  resolve situations concerning fraudulent contracts. 
D)  prevent in offers and acceptances. 
E)  provide some relief to offerees who are induced into entering fraudulent transactions. 
A)  prevent fraud in transactions involving the purchase and sale of land. 
B)  provide some relief to third parties who have been affected by fraudulent contracts. 
C)  resolve situations concerning fraudulent contracts. 
D)  prevent in offers and acceptances. 
E)  provide some relief to offerees who are induced into entering fraudulent transactions.

Question 6

A promise of guarantee and promise of indemnity mean the same thing.

Accepted Answer

A) True 
 B)False

Question 7

In respect of a contract to which the Statute of Frauds applies, which of the following is NOT true?

Accepted Answer

A)  both parties must sign the contract 
B)  the defendant must sign the contract 
C)  the essential elements of the contract must be in writing 
D)  the contract must be under seal 
E)  A and D 
A)  both parties must sign the contract 
B)  the defendant must sign the contract 
C)  the essential elements of the contract must be in writing 
D)  the contract must be under seal 
E)  A and D

Question 8

Under the Statute of Frauds, all contracts involving over $10,000 must be in writing.

Accepted Answer

A) True 
 B)False

Question 9

George owes Michael Moneybags $1000. Susan, George's sister, goes to Michael Moneybags and makes this statement, "if my brother is unable to pay, I shall make payment." Susan's statement is

Accepted Answer

A)  a promise of indemnity. 
B)  a promise of guarantee. 
C)  a misrepresentation. 
D)  a representation. 
E)  a promise of indemnity and a promise of guarantee. 
A)  a promise of indemnity. 
B)  a promise of guarantee. 
C)  a misrepresentation. 
D)  a representation. 
E)  a promise of indemnity and a promise of guarantee.

Question 10

What is the effect of the Statute of Frauds?

Accepted Answer

Where the Statute of Frauds is

Question 11

The Statute of Frauds

Accepted Answer

A)  is an English law that does not apply in Canada. 
B)  renders unenforceable certain types of contracts unless they are in writing. 
C)  requires the contracts with minors be in writing. 
D)  prevents contracts with minors. 
E)  renders unenforceable contracts with minors. 
A)  is an English law that does not apply in Canada. 
B)  renders unenforceable certain types of contracts unless they are in writing. 
C)  requires the contracts with minors be in writing. 
D)  prevents contracts with minors. 
E)  renders unenforceable contracts with minors.

Exam 10: The Requirement of Writing

When a contract is oral, the first task of a court is to determine what the parties agreed to.

Under the Statute of Frauds a "promise to answer for the miscarriage of another" has been interpreted to mean

Regardless of the legal requirements, what are the practical advantages of a written record?

Mary tells John, "I shall pay the debt my sister owes you." This statement is a promise of guarantee.

The Statute of Frauds is a law that was passed to

A promise of guarantee and promise of indemnity mean the same thing.

In respect of a contract to which the Statute of Frauds applies, which of the following is NOT true?

Under the Statute of Frauds, all contracts involving over $10,000 must be in writing.

George owes Michael Moneybags $1000. Susan, George's sister, goes to Michael Moneybags and makes this statement, "if my brother is unable to pay, I shall make payment." Susan's statement is

What is the effect of the Statute of Frauds?

The Statute of Frauds

Law and Society

The Machinery of Justice

The Law of Torts

Professional Liability

Formation of a Contract: Offer and Acceptance

Formation of a Contract: Consideration, and Intention to Create Legal Relations

Formation of a Contract: Capacity to Contract and Legality of Object

Grounds Upon Which a Contract May Be Impeached: Mistake

Grounds Upon Which a Contract May Be Impeached: Misrepresentation, Undue Influence, and Duress

The Interpretation of Contracts

Privity of Contract and the Assignment of Contractual Rights

The Discharge of Contracts

The Effect of Breach

Remedies for Breach

Sale of Goods

Leasing and Bailment

Insurance and Guarantee

Agency and Franchising

The Contract of Employment

Negotiable Instruments

Intellectual Property

Interests in Land and Their Transfer

Landlord and Tenant

Mortgages of Land and Real Estate Transactions

Sole Proprietorships and Partnerships

The Nature of a Corporation and Its Formation

The Internal Affairs of Corporations

The External Responsibilities of a Corporation

Secured Transactions

Creditors Rights

Government Regulation of Business

International Business Transactions

Electronic Commerce

Filters