Question 1

What is the age of majority in your province?

Accepted Answer

The age of majority

Question 2

Contracts to commit a crime or a tort are void.

Accepted Answer

A) True 
 B)False

Question 3

Which one of the following categories of persons do not have their capacity to enter into contracts limited?

Accepted Answer

A)  married women 
B)  infants 
C)  status Indians 
D)  insane or intoxicated persons 
E)  bankrupts 
A)  married women 
B)  infants 
C)  status Indians 
D)  insane or intoxicated persons 
E)  bankrupts

Question 4

Mr.Buyer,the plaintiff in the action,was attempting to enforce a contract in which the defendant,Mr.Seller agreed to sell to buyer his property,Blackacre,for $100 000.Which of the following,by itself,would be sufficient to allow Mr.Seller to get out of the contract?

Accepted Answer

A)  The $100 000 was not enough, not fair. 
B)  At the time of the contract, unknown to Mr. Buyer, Mr. Seller did not understand the quality and nature of this act because of mental incapacity. 
C)  Mr. Buyer referred to essential terms in a letter sent to Mr. Seller. 
D)  Although both parties agreed to this, there had not actually been any money paid on the contract, not even a deposit or a down payment. 
E)  There was only a verbal agreement between Mr. Seller and Mr. Buyer. 
A)  The $100 000 was not enough, not fair. 
B)  At the time of the contract, unknown to Mr. Buyer, Mr. Seller did not understand the quality and nature of this act because of mental incapacity. 
C)  Mr. Buyer referred to essential terms in a letter sent to Mr. Seller. 
D)  Although both parties agreed to this, there had not actually been any money paid on the contract, not even a deposit or a down payment. 
E)  There was only a verbal agreement between Mr. Seller and Mr. Buyer.

Question 5

When will the court waive the requirement of writing?

Accepted Answer

If the parties can produce evi

Question 6

Even in commercial relationships,if the parties make it absolutely clear that they don't intend the arrangement to be legally binding on them,the agreement will not be enforceable in court.

Accepted Answer

A) True 
 B)False

Question 7

Discuss how some persons are incapacitated in contract law in various jurisdictions and the justification for such a treatment.

Accepted Answer

Here students must examine the basic ide

Question 8

In most jurisdictions,if the court classifies the nature of a third-party agreement as a guarantee,there is no requirement of writing.

Accepted Answer

A) True 
 B)False

Question 9

A guarantor promises that,if the ________ fails to pay the debt,he will assume responsibility and pay it.

Accepted Answer

A)  debtee 
B)  court 
C)  debtor 
D)  offeror 
E)  offeree 
A)  debtee 
B)  court 
C)  debtor 
D)  offeror 
E)  offeree

Question 10

When a person is declared mentally incompetent by a court,who is appointed and for what purpose?

Accepted Answer

A trustee is appoint

Question 11

Corporate bodies created by special legislation invariably lack capacity to enter into binding agreements.

Accepted Answer

A) True 
 B)False

Question 12

Just what has to be in writing to satisfy the requirements of the Statute of Frauds?

Accepted Answer

Some evidence consistent with

Question 13

In jurisdictions other than British Columbia,which of the following is correct with respect to the law of infants?

Accepted Answer

A)  An adult cannot enforce any contract against an infant while the infant is still under age unless the contract is made binding by another statute (e.g., government student loans). 
B)  An infant is bound by his contract for necessaries and beneficial contracts of service. 
C)  An infant is not bound to repay his government student loan. 
D)  A contract with an infant is "absolutely void" except those contracts for necessaries and beneficial contracts of service. 
E)  If the adult did not know he was dealing with an infant, the adult is not bound by the contract. 
A)  An adult cannot enforce any contract against an infant while the infant is still under age unless the contract is made binding by another statute (e.g., government student loans). 
B)  An infant is bound by his contract for necessaries and beneficial contracts of service. 
C)  An infant is not bound to repay his government student loan. 
D)  A contract with an infant is "absolutely void" except those contracts for necessaries and beneficial contracts of service. 
E)  If the adult did not know he was dealing with an infant, the adult is not bound by the contract.

Question 14

Kashif agreed to sell his acreage to his coworker,Melinda,for $400 000.Because the two worked together,they did not see the need to put the agreement in writing.Nonetheless,Kashif sent Melinda a note that referred to the essential terms of their agreement,to which Melinda replied acknowledging their deal.Without any other writing,can this contract be enforced? Explain.

Accepted Answer

Yes.To satisfy the Statute of

Question 15

In which of the following situations would the contract relating to land not be enforceable?

Accepted Answer

A)  an unwritten agreement to have a garage built on the land 
B)  an unwritten sale of land where the seller allowed the buyer to to enter of the property and commence construction thereon 
C)  an unwritten lease for a term of five years 
D)  an unwritten lease of a lawn mower used to maintain the land 
E)  an unwritten sale of land but where the sale was acknowledged in subsequent correspondence, signed by the party denying the existence of the sale 
A)  an unwritten agreement to have a garage built on the land 
B)  an unwritten sale of land where the seller allowed the buyer to to enter of the property and commence construction thereon 
C)  an unwritten lease for a term of five years 
D)  an unwritten lease of a lawn mower used to maintain the land 
E)  an unwritten sale of land but where the sale was acknowledged in subsequent correspondence, signed by the party denying the existence of the sale

Question 16

All contracts must be in writing to be enforceable.

Accepted Answer

A) True 
 B)False

Question 17

The court may hold that a contract is "void," "voidable," "unenforceable," or "illegal." Which of the following is true with regard to these terms and the court's use of them?

Accepted Answer

A)  "Void" is the same as "unenforceable." 
B)  If a contract is held to be void, it was a contract, but for some reason, one party can end it. 
C)  If a contract is held to be illegal, the plaintiff will get some help, because the court will try to put the parties back to their original position. 
D)  If a contract is unenforceable, it means it doesn't exist. 
E)  If a contract is held to be void, it never was a contract. 
A)  "Void" is the same as "unenforceable." 
B)  If a contract is held to be void, it was a contract, but for some reason, one party can end it. 
C)  If a contract is held to be illegal, the plaintiff will get some help, because the court will try to put the parties back to their original position. 
D)  If a contract is unenforceable, it means it doesn't exist. 
E)  If a contract is held to be void, it never was a contract.

Question 18

What is an executed contract?

Accepted Answer

A fully performed contract; a

Question 19

Joe entered into a contract to sell his house to Sam for $200 000.Explain under what circumstances this contract would be binding on the parties even where it was not in writing or evidenced by writing.

Accepted Answer

Where there has been part perf

Question 20

How do the courts determine whether a customer should have taken an exaggerated claim seriously?

Accepted Answer

They use t

What is the age of majority in your province?

Contracts to commit a crime or a tort are void.

Which one of the following categories of persons do not have their capacity to enter into contracts limited?

Mr.Buyer,the plaintiff in the action,was attempting to enforce a contract in which the defendant,Mr.Seller agreed to sell to buyer his property,Blackacre,for $100 000.Which of the following,by itself,would be sufficient to allow Mr.Seller to get out of the contract?

When will the court waive the requirement of writing?

Even in commercial relationships,if the parties make it absolutely clear that they don't intend the arrangement to be legally binding on them,the agreement will not be enforceable in court.

Discuss how some persons are incapacitated in contract law in various jurisdictions and the justification for such a treatment.

In most jurisdictions,if the court classifies the nature of a third-party agreement as a guarantee,there is no requirement of writing.

A guarantor promises that,if the ________ fails to pay the debt,he will assume responsibility and pay it.

When a person is declared mentally incompetent by a court,who is appointed and for what purpose?

Corporate bodies created by special legislation invariably lack capacity to enter into binding agreements.

Just what has to be in writing to satisfy the requirements of the Statute of Frauds?

In jurisdictions other than British Columbia,which of the following is correct with respect to the law of infants?

In which of the following situations would the contract relating to land not be enforceable?

All contracts must be in writing to be enforceable.

The court may hold that a contract is "void," "voidable," "unenforceable," or "illegal." Which of the following is true with regard to these terms and the court's use of them?

What is an executed contract?

Joe entered into a contract to sell his house to Sam for $200 000.Explain under what circumstances this contract would be binding on the parties even where it was not in writing or evidenced by writing.

How do the courts determine whether a customer should have taken an exaggerated claim seriously?

Managing Your Legal Affairs

Introduction to the Legal System

The Resolution of Disputesthe Courts and Alternatives to Litigation

Intentional Torts and Torts Impacting Business

Negligence, Professional Liability, and Insurance

The Elements of a Contractconsensus and Consideration

Factors Affecting the Contractual Relationship

The End of the Contractual Relationship

Employment

Agency and Partnership

Corporations

Real, Personal, and Intellectual Property

Information Technology and the Internet

Sales and Consumer Protection

Priority of Creditors

Filters

Exam 7: The Elements of a Contract capacity, Legality, and Intention

What is the age of majority in your province?

Contracts to commit a crime or a tort are void.

Which one of the following categories of persons do not have their capacity to enter into contracts limited?

Mr.Buyer,the plaintiff in the action,was attempting to enforce a contract in which the defendant,Mr.Seller agreed to sell to buyer his property,Blackacre,for $100 000.Which of the following,by itself,would be sufficient to allow Mr.Seller to get out of the contract?

When will the court waive the requirement of writing?

Even in commercial relationships,if the parties make it absolutely clear that they don't intend the arrangement to be legally binding on them,the agreement will not be enforceable in court.

Discuss how some persons are incapacitated in contract law in various jurisdictions and the justification for such a treatment.

In most jurisdictions,if the court classifies the nature of a third-party agreement as a guarantee,there is no requirement of writing.

A guarantor promises that,if the ________ fails to pay the debt,he will assume responsibility and pay it.

When a person is declared mentally incompetent by a court,who is appointed and for what purpose?

Corporate bodies created by special legislation invariably lack capacity to enter into binding agreements.

Just what has to be in writing to satisfy the requirements of the Statute of Frauds?

In jurisdictions other than British Columbia,which of the following is correct with respect to the law of infants?

In which of the following situations would the contract relating to land not be enforceable?

All contracts must be in writing to be enforceable.

The court may hold that a contract is "void," "voidable," "unenforceable," or "illegal." Which of the following is true with regard to these terms and the court's use of them?

What is an executed contract?

Joe entered into a contract to sell his house to Sam for $200 000.Explain under what circumstances this contract would be binding on the parties even where it was not in writing or evidenced by writing.

How do the courts determine whether a customer should have taken an exaggerated claim seriously?

Managing Your Legal Affairs

Introduction to the Legal System

The Resolution of Disputesthe Courts and Alternatives to Litigation

Intentional Torts and Torts Impacting Business

Negligence, Professional Liability, and Insurance

The Elements of a Contractconsensus and Consideration

Factors Affecting the Contractual Relationship

The End of the Contractual Relationship

Employment

Agency and Partnership

Corporations

Real, Personal, and Intellectual Property

Information Technology and the Internet

Sales and Consumer Protection

Priority of Creditors

Filters