Exam 20: Practical Contracts

Lawyers prefer to negotiate touchy subjects as they arise rather than address them at the beginning of a relationship.

(True/False)

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Question 41

Ricardo has agreed to sell his family farm to Walter for a price of $450,000.Even though both sides agree on the terms,it is still worth the money for Ricardo to hire a lawyer to write the contract.

(True/False)

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Question 42

Provisions that a party agrees to perform only if the other side also does what it promised are called

(Multiple Choice)

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Question 43

A contract should have a descriptive title,which is generally in all capital letters,underlined and centered at the top of the page.

(True/False)

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Question 44

Farmer's Fortune Insurance has a contract with Farmer Fran to insure her crops against insect damage.The contract does not specify which insects are covered or how much damage is necessary to make a claim.The contract will probably be enforced in favor of

(Multiple Choice)

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Question 45

Showing 41 - 45 of 45

Exam 20: Practical Contracts

Lawyers prefer to negotiate touchy subjects as they arise rather than address them at the beginning of a relationship.

Ricardo has agreed to sell his family farm to Walter for a price of $450,000.Even though both sides agree on the terms,it is still worth the money for Ricardo to hire a lawyer to write the contract.

Provisions that a party agrees to perform only if the other side also does what it promised are called

A contract should have a descriptive title,which is generally in all capital letters,underlined and centered at the top of the page.

Farmer's Fortune Insurance has a contract with Farmer Fran to insure her crops against insect damage.The contract does not specify which insects are covered or how much damage is necessary to make a claim.The contract will probably be enforced in favor of

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Introduction to Contracts

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Written Contracts

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