Question 1

An indemnification clause is also known as a hold harmless provision.

Accepted Answer

A) True 
 B)False

Question 2

Whether a transaction is common law or a U.C.C. transaction is not dispositive in determining the applicable law.

Accepted Answer

A) True 
 B)False

Question 3

Under the U.C.C., considering whether the parties are merchants or nonmerchants is important.

Accepted Answer

A) True 
 B)False

Question 4

Termination provisions occur upon which of the following? ​

Accepted Answer

A) Notice 
B) An event 
C) Nonperlonnance 
D) All of the above 
A) Notice 
B) An event 
C) Nonperlonnance 
D) All of the above

Question 5

A provision to include in a sale of business contract is a(n)​

Accepted Answer

A) restrictive covenant. 
B) inspection of inventory. 
C) term of employment. 
D) both a and b 
A) restrictive covenant. 
B) inspection of inventory. 
C) term of employment. 
D) both a and b

Question 6

Termination can occur only upon notice to the parties.

Accepted Answer

A) True 
 B)False

Question 7

States and federal courts do not have concurrent jurisdiction.

Accepted Answer

A) True 
 B)False

Question 8

Jurisdiction can be contractually determined by the parties.

Accepted Answer

A) True 
 B)False

Question 9

Match between columns
                        Premises: Court's authority to hear any type of claim.
Legal resource that interprets a primary source or presents an opinion. 
Authority of only that court to hear cases of the subject matter in controversy, i.e., bankruptcy court.
Legal resources that include constitutions, cases, statutes, administrative rules and regulations, and court rules.
Legal authority that must be followed by a court. 
Court's authority to hear only certain types of cases.
Jurisdiction involving the U.S. Constitution, federal statute, or U.S. government.
Federal court's ability to hear state claims because they arise from the same occurrence.
More than two types of court authority to hear the same type of case. 
Source legal authority that is from another jurisdiction and is not required to be followed by the deciding court.

Accepted Answer

The Answer of persuasive primary source and federal question jurisdiction is...

Question 10

Federal jurisdiction consists of diversity jurisdiction and federal question jurisdiction.

Accepted Answer

A) True 
 B)False

Question 11

Verifying the history or treatment of a case in contracts is a(n)______________ research step. ​

Accepted Answer

A) necessary 
B) unnecessary 
C) optional 
D) none of the above 
A) necessary 
B) unnecessary 
C) optional 
D) none of the above

Question 12

Venue is which of the following? ​

Accepted Answer

A) Choice of law 
B) Place dispute filed 
C) Jurisdiction of defendant 
D) Jurisdiction of plaintiff 
A) Choice of law 
B) Place dispute filed 
C) Jurisdiction of defendant 
D) Jurisdiction of plaintiff

Question 13

Shorthand definitions should never be used in describing the parties.

Accepted Answer

A) True 
 B)False

Question 14

A court must have ____________ jurisdiction.

Accepted Answer

A) both general and concurrent 
B) both personal and subject matter 
C) only exclusive 
D) only pendent 
A) both general and concurrent 
B) both personal and subject matter 
C) only exclusive 
D) only pendent

Question 15

A contract can be based on which of the following? ​

Accepted Answer

A) Common law 
B) Uniform Commercial Code 
C) Both a and c 
D) None of the above 
A) Common law 
B) Uniform Commercial Code 
C) Both a and c 
D) None of the above

Question 16

Governing law and notice are considered standard provisions.

Accepted Answer

A) True 
 B)False

Question 17

When preparing a legal document, you should never include legalese.

Accepted Answer

A) True 
 B)False

Question 18

Federal jurisdiction consists of ​

Accepted Answer

A) diversity jurisdiction. 
B) federal question jurisdiction. 
C) only a. 
D) both a and b. 
A) diversity jurisdiction. 
B) federal question jurisdiction. 
C) only a. 
D) both a and b.

Question 19

Match between columns
                        Premises: Proper place to file lawsuit.
Clause that integrates all prior agreements into contract.
Incremented payments.
Person who witnesses signature.
Clause that excuses performance due to acts out of our control.
Method of settling disputes between dissatisfied parties.
Time period to renew or extend contract.
Clause that restricts performance for a period of time.
Hold harmless provision.
Clause that limits or relieves a party from liability due to unforeseen events.

Accepted Answer

The Answer of arbitration and exculpatory clause and merger and is...

Question 20

Price terms are required in a sales contract.

Accepted Answer

A) True 
 B)False

An indemnification clause is also known as a hold harmless provision.

Whether a transaction is common law or a U.C.C. transaction is not dispositive in determining the applicable law.

Under the U.C.C., considering whether the parties are merchants or nonmerchants is important.

Termination provisions occur upon which of the following?

A provision to include in a sale of business contract is a(n)

Termination can occur only upon notice to the parties.

States and federal courts do not have concurrent jurisdiction.

Jurisdiction can be contractually determined by the parties.

Federal jurisdiction consists of diversity jurisdiction and federal question jurisdiction.

Verifying the history or treatment of a case in contracts is a(n)______________ research step.

Venue is which of the following?

Shorthand definitions should never be used in describing the parties.

A court must have ____________ jurisdiction.

A contract can be based on which of the following?

Governing law and notice are considered standard provisions.

When preparing a legal document, you should never include legalese.

Federal jurisdiction consists of

Price terms are required in a sales contract.

Contract Law: a General Introduction

Contract Basics: an Overview

Formation of a Contraction: Offer and Acceptance

Consideration: the Value for the Promise

Mutual Assent of the Parties

Capacity: The Ability to Contract

Legality in Contracts

Proper Form of the Contract: the Writing

Performance and Discharge of the Contract

Remedies in Contract Law

Third Party Contracts

Sales: Article 2 of the Uniform Commercial Code

Performance Under Article 2: Seller and Buyer Duties

Title, Risk of Loss, and Warranties

Seller and Buyer Remedies

Contracts and the Internet: Something Borrowed, Something New

Drafting a Contract: The Essentials

Analyzing a Contracts Problem: Putting Theory Into Practice

Filters

Exam 18: Drafting a Contract: Specific Provisions

An indemnification clause is also known as a hold harmless provision.

Whether a transaction is common law or a U.C.C. transaction is not dispositive in determining the applicable law.

Under the U.C.C., considering whether the parties are merchants or nonmerchants is important.

Termination provisions occur upon which of the following? ​

A provision to include in a sale of business contract is a(n)​

Termination can occur only upon notice to the parties.

States and federal courts do not have concurrent jurisdiction.

Jurisdiction can be contractually determined by the parties.

Federal jurisdiction consists of diversity jurisdiction and federal question jurisdiction.

Verifying the history or treatment of a case in contracts is a(n)______________ research step. ​

Venue is which of the following? ​

Shorthand definitions should never be used in describing the parties.

A court must have ____________ jurisdiction.

A contract can be based on which of the following? ​

Governing law and notice are considered standard provisions.

When preparing a legal document, you should never include legalese.

Federal jurisdiction consists of ​

Price terms are required in a sales contract.

Contract Law: a General Introduction

Contract Basics: an Overview

Formation of a Contraction: Offer and Acceptance

Consideration: the Value for the Promise

Mutual Assent of the Parties

Capacity: The Ability to Contract

Legality in Contracts

Proper Form of the Contract: the Writing

Performance and Discharge of the Contract

Remedies in Contract Law

Third Party Contracts

Sales: Article 2 of the Uniform Commercial Code

Performance Under Article 2: Seller and Buyer Duties

Title, Risk of Loss, and Warranties

Seller and Buyer Remedies

Contracts and the Internet: Something Borrowed, Something New

Drafting a Contract: The Essentials

Analyzing a Contracts Problem: Putting Theory Into Practice

Filters

Termination provisions occur upon which of the following?

A provision to include in a sale of business contract is a(n)

Verifying the history or treatment of a case in contracts is a(n)______________ research step.

Venue is which of the following?

A contract can be based on which of the following?

Federal jurisdiction consists of