Deck 5: Mutual Assent of the Parties

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Question
There are two types of mistakes: mutual and unilateral.
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Question
Fraud and misrepresentation are the only two methods of destroying mutual assent.
Question
Undue influence cases are common in which of the following?

A)Misrepresentation
B)Unconscionable contracts
C)Fiduciary relationships
D)None of the above
Question
Substantive unconscionability lacks meaningful choice by one party to a contract.
Question
Oppressive or overly harsh contracts create _________ contracts.

A)procedural unconscionable
B)substantive unconscionable
C)mirror image
D)adhesion
Question
Misrepresentation is defined as

A)a deliberate misstatement of fact.
B)an innocent misstatement of fact.
C)no misstatement of fact.
D)a slight misstatement of fact.
Question
A public policy argument for rescinding a contract is which of the following?

A)Fraud
B)Unconscionability
C)Misrepresentation
D)Mistake
Question
Adhesion contracts are generally considered unconscionable contracts.
Question
Mutual assent is a meeting of the minds.
Question
Fraud constitutes a method of

A)destroying mutual assent.
B)consummating a contract.
C)all of the above.
D)none of the above.
Question
To determine whether mutual assent exists, the court will apply a(n)_______ standard.

A)privity
B)subjective
C)objective
D)mutual
Question
An adhesion contract is considered

A)unconscionable.
B)fair.
C)bait and switch.
D)all of the above.
Question
A mistake can occur when

A)both parties are wrong about a fact.
B)one party is wrong about a fact.
C)all of the above.
D)none of the above.
Question
Misrepresentation is a misstatement of fact made deliberately by a party.
Question
Methods of destroying mutual assent in a contract include which of the following?

A)Duress
B)Undue influence
C)Fraud
D)All of the above
Question
Procedural unconscionability lacks meaningful choice by one party to a contract.
Question
A method of destroying mutual assent is fraud in the contract.
Question
In order to prove economic duress, it must be proven that

A)wrongful conduct exists.
B)an injured party acts against their free will.
C)financial hardship exists.
D)all of the above.
Question
In a duress case, you do not have to prove coercion.
Question
Undue influence arises out of a confidential relationship.
Question
Match between columns
A person in a position of trust.
misrepresentation
A person in a position of trust.
mutual mistake
A person in a position of trust.
mutual assent
A person in a position of trust.
fiduciary
A person in a position of trust.
let the buyer beware
A person in a position of trust.
fraud
A person in a position of trust.
unilateral mistake
A person in a position of trust.
unconscionable
A person in a position of trust.
undue influence
A person in a position of trust.
duress
Wrongful pressure placed upon a person in a confidential relationship.
misrepresentation
Wrongful pressure placed upon a person in a confidential relationship.
mutual mistake
Wrongful pressure placed upon a person in a confidential relationship.
mutual assent
Wrongful pressure placed upon a person in a confidential relationship.
fiduciary
Wrongful pressure placed upon a person in a confidential relationship.
let the buyer beware
Wrongful pressure placed upon a person in a confidential relationship.
fraud
Wrongful pressure placed upon a person in a confidential relationship.
unilateral mistake
Wrongful pressure placed upon a person in a confidential relationship.
unconscionable
Wrongful pressure placed upon a person in a confidential relationship.
undue influence
Wrongful pressure placed upon a person in a confidential relationship.
duress
Wrongful pressure placed upon a party depriving him or her of free will.
misrepresentation
Wrongful pressure placed upon a party depriving him or her of free will.
mutual mistake
Wrongful pressure placed upon a party depriving him or her of free will.
mutual assent
Wrongful pressure placed upon a party depriving him or her of free will.
fiduciary
Wrongful pressure placed upon a party depriving him or her of free will.
let the buyer beware
Wrongful pressure placed upon a party depriving him or her of free will.
fraud
Wrongful pressure placed upon a party depriving him or her of free will.
unilateral mistake
Wrongful pressure placed upon a party depriving him or her of free will.
unconscionable
Wrongful pressure placed upon a party depriving him or her of free will.
undue influence
Wrongful pressure placed upon a party depriving him or her of free will.
duress
The doctrine of caveat emptor.
misrepresentation
The doctrine of caveat emptor.
mutual mistake
The doctrine of caveat emptor.
mutual assent
The doctrine of caveat emptor.
fiduciary
The doctrine of caveat emptor.
let the buyer beware
The doctrine of caveat emptor.
fraud
The doctrine of caveat emptor.
unilateral mistake
The doctrine of caveat emptor.
unconscionable
The doctrine of caveat emptor.
undue influence
The doctrine of caveat emptor.
duress
A contract that shocks public sensibilities and is oppressive.
misrepresentation
A contract that shocks public sensibilities and is oppressive.
mutual mistake
A contract that shocks public sensibilities and is oppressive.
mutual assent
A contract that shocks public sensibilities and is oppressive.
fiduciary
A contract that shocks public sensibilities and is oppressive.
let the buyer beware
A contract that shocks public sensibilities and is oppressive.
fraud
A contract that shocks public sensibilities and is oppressive.
unilateral mistake
A contract that shocks public sensibilities and is oppressive.
unconscionable
A contract that shocks public sensibilities and is oppressive.
undue influence
A contract that shocks public sensibilities and is oppressive.
duress
An innocent misstatement of fact.
misrepresentation
An innocent misstatement of fact.
mutual mistake
An innocent misstatement of fact.
mutual assent
An innocent misstatement of fact.
fiduciary
An innocent misstatement of fact.
let the buyer beware
An innocent misstatement of fact.
fraud
An innocent misstatement of fact.
unilateral mistake
An innocent misstatement of fact.
unconscionable
An innocent misstatement of fact.
undue influence
An innocent misstatement of fact.
duress
A deliberate misstatement of fact.
misrepresentation
A deliberate misstatement of fact.
mutual mistake
A deliberate misstatement of fact.
mutual assent
A deliberate misstatement of fact.
fiduciary
A deliberate misstatement of fact.
let the buyer beware
A deliberate misstatement of fact.
fraud
A deliberate misstatement of fact.
unilateral mistake
A deliberate misstatement of fact.
unconscionable
A deliberate misstatement of fact.
undue influence
A deliberate misstatement of fact.
duress
The meeting of the minds of the parties in a contract.
misrepresentation
The meeting of the minds of the parties in a contract.
mutual mistake
The meeting of the minds of the parties in a contract.
mutual assent
The meeting of the minds of the parties in a contract.
fiduciary
The meeting of the minds of the parties in a contract.
let the buyer beware
The meeting of the minds of the parties in a contract.
fraud
The meeting of the minds of the parties in a contract.
unilateral mistake
The meeting of the minds of the parties in a contract.
unconscionable
The meeting of the minds of the parties in a contract.
undue influence
The meeting of the minds of the parties in a contract.
duress
Wrongful existence of a material fact to a contract by one party.
misrepresentation
Wrongful existence of a material fact to a contract by one party.
mutual mistake
Wrongful existence of a material fact to a contract by one party.
mutual assent
Wrongful existence of a material fact to a contract by one party.
fiduciary
Wrongful existence of a material fact to a contract by one party.
let the buyer beware
Wrongful existence of a material fact to a contract by one party.
fraud
Wrongful existence of a material fact to a contract by one party.
unilateral mistake
Wrongful existence of a material fact to a contract by one party.
unconscionable
Wrongful existence of a material fact to a contract by one party.
undue influence
Wrongful existence of a material fact to a contract by one party.
duress
Wrongful existence of a material fact to a contract by both parties.
misrepresentation
Wrongful existence of a material fact to a contract by both parties.
mutual mistake
Wrongful existence of a material fact to a contract by both parties.
mutual assent
Wrongful existence of a material fact to a contract by both parties.
fiduciary
Wrongful existence of a material fact to a contract by both parties.
let the buyer beware
Wrongful existence of a material fact to a contract by both parties.
fraud
Wrongful existence of a material fact to a contract by both parties.
unilateral mistake
Wrongful existence of a material fact to a contract by both parties.
unconscionable
Wrongful existence of a material fact to a contract by both parties.
undue influence
Wrongful existence of a material fact to a contract by both parties.
duress
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Deck 5: Mutual Assent of the Parties
1
There are two types of mistakes: mutual and unilateral.
True
2
Fraud and misrepresentation are the only two methods of destroying mutual assent.
False
3
Undue influence cases are common in which of the following?

A)Misrepresentation
B)Unconscionable contracts
C)Fiduciary relationships
D)None of the above
C
4
Substantive unconscionability lacks meaningful choice by one party to a contract.
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5
Oppressive or overly harsh contracts create _________ contracts.

A)procedural unconscionable
B)substantive unconscionable
C)mirror image
D)adhesion
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6
Misrepresentation is defined as

A)a deliberate misstatement of fact.
B)an innocent misstatement of fact.
C)no misstatement of fact.
D)a slight misstatement of fact.
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7
A public policy argument for rescinding a contract is which of the following?

A)Fraud
B)Unconscionability
C)Misrepresentation
D)Mistake
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8
Adhesion contracts are generally considered unconscionable contracts.
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9
Mutual assent is a meeting of the minds.
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10
Fraud constitutes a method of

A)destroying mutual assent.
B)consummating a contract.
C)all of the above.
D)none of the above.
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11
To determine whether mutual assent exists, the court will apply a(n)_______ standard.

A)privity
B)subjective
C)objective
D)mutual
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12
An adhesion contract is considered

A)unconscionable.
B)fair.
C)bait and switch.
D)all of the above.
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13
A mistake can occur when

A)both parties are wrong about a fact.
B)one party is wrong about a fact.
C)all of the above.
D)none of the above.
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14
Misrepresentation is a misstatement of fact made deliberately by a party.
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15
Methods of destroying mutual assent in a contract include which of the following?

A)Duress
B)Undue influence
C)Fraud
D)All of the above
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16
Procedural unconscionability lacks meaningful choice by one party to a contract.
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17
A method of destroying mutual assent is fraud in the contract.
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18
In order to prove economic duress, it must be proven that

A)wrongful conduct exists.
B)an injured party acts against their free will.
C)financial hardship exists.
D)all of the above.
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19
In a duress case, you do not have to prove coercion.
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20
Undue influence arises out of a confidential relationship.
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21
Match between columns
A person in a position of trust.
misrepresentation
A person in a position of trust.
mutual mistake
A person in a position of trust.
mutual assent
A person in a position of trust.
fiduciary
A person in a position of trust.
let the buyer beware
A person in a position of trust.
fraud
A person in a position of trust.
unilateral mistake
A person in a position of trust.
unconscionable
A person in a position of trust.
undue influence
A person in a position of trust.
duress
Wrongful pressure placed upon a person in a confidential relationship.
misrepresentation
Wrongful pressure placed upon a person in a confidential relationship.
mutual mistake
Wrongful pressure placed upon a person in a confidential relationship.
mutual assent
Wrongful pressure placed upon a person in a confidential relationship.
fiduciary
Wrongful pressure placed upon a person in a confidential relationship.
let the buyer beware
Wrongful pressure placed upon a person in a confidential relationship.
fraud
Wrongful pressure placed upon a person in a confidential relationship.
unilateral mistake
Wrongful pressure placed upon a person in a confidential relationship.
unconscionable
Wrongful pressure placed upon a person in a confidential relationship.
undue influence
Wrongful pressure placed upon a person in a confidential relationship.
duress
Wrongful pressure placed upon a party depriving him or her of free will.
misrepresentation
Wrongful pressure placed upon a party depriving him or her of free will.
mutual mistake
Wrongful pressure placed upon a party depriving him or her of free will.
mutual assent
Wrongful pressure placed upon a party depriving him or her of free will.
fiduciary
Wrongful pressure placed upon a party depriving him or her of free will.
let the buyer beware
Wrongful pressure placed upon a party depriving him or her of free will.
fraud
Wrongful pressure placed upon a party depriving him or her of free will.
unilateral mistake
Wrongful pressure placed upon a party depriving him or her of free will.
unconscionable
Wrongful pressure placed upon a party depriving him or her of free will.
undue influence
Wrongful pressure placed upon a party depriving him or her of free will.
duress
The doctrine of caveat emptor.
misrepresentation
The doctrine of caveat emptor.
mutual mistake
The doctrine of caveat emptor.
mutual assent
The doctrine of caveat emptor.
fiduciary
The doctrine of caveat emptor.
let the buyer beware
The doctrine of caveat emptor.
fraud
The doctrine of caveat emptor.
unilateral mistake
The doctrine of caveat emptor.
unconscionable
The doctrine of caveat emptor.
undue influence
The doctrine of caveat emptor.
duress
A contract that shocks public sensibilities and is oppressive.
misrepresentation
A contract that shocks public sensibilities and is oppressive.
mutual mistake
A contract that shocks public sensibilities and is oppressive.
mutual assent
A contract that shocks public sensibilities and is oppressive.
fiduciary
A contract that shocks public sensibilities and is oppressive.
let the buyer beware
A contract that shocks public sensibilities and is oppressive.
fraud
A contract that shocks public sensibilities and is oppressive.
unilateral mistake
A contract that shocks public sensibilities and is oppressive.
unconscionable
A contract that shocks public sensibilities and is oppressive.
undue influence
A contract that shocks public sensibilities and is oppressive.
duress
An innocent misstatement of fact.
misrepresentation
An innocent misstatement of fact.
mutual mistake
An innocent misstatement of fact.
mutual assent
An innocent misstatement of fact.
fiduciary
An innocent misstatement of fact.
let the buyer beware
An innocent misstatement of fact.
fraud
An innocent misstatement of fact.
unilateral mistake
An innocent misstatement of fact.
unconscionable
An innocent misstatement of fact.
undue influence
An innocent misstatement of fact.
duress
A deliberate misstatement of fact.
misrepresentation
A deliberate misstatement of fact.
mutual mistake
A deliberate misstatement of fact.
mutual assent
A deliberate misstatement of fact.
fiduciary
A deliberate misstatement of fact.
let the buyer beware
A deliberate misstatement of fact.
fraud
A deliberate misstatement of fact.
unilateral mistake
A deliberate misstatement of fact.
unconscionable
A deliberate misstatement of fact.
undue influence
A deliberate misstatement of fact.
duress
The meeting of the minds of the parties in a contract.
misrepresentation
The meeting of the minds of the parties in a contract.
mutual mistake
The meeting of the minds of the parties in a contract.
mutual assent
The meeting of the minds of the parties in a contract.
fiduciary
The meeting of the minds of the parties in a contract.
let the buyer beware
The meeting of the minds of the parties in a contract.
fraud
The meeting of the minds of the parties in a contract.
unilateral mistake
The meeting of the minds of the parties in a contract.
unconscionable
The meeting of the minds of the parties in a contract.
undue influence
The meeting of the minds of the parties in a contract.
duress
Wrongful existence of a material fact to a contract by one party.
misrepresentation
Wrongful existence of a material fact to a contract by one party.
mutual mistake
Wrongful existence of a material fact to a contract by one party.
mutual assent
Wrongful existence of a material fact to a contract by one party.
fiduciary
Wrongful existence of a material fact to a contract by one party.
let the buyer beware
Wrongful existence of a material fact to a contract by one party.
fraud
Wrongful existence of a material fact to a contract by one party.
unilateral mistake
Wrongful existence of a material fact to a contract by one party.
unconscionable
Wrongful existence of a material fact to a contract by one party.
undue influence
Wrongful existence of a material fact to a contract by one party.
duress
Wrongful existence of a material fact to a contract by both parties.
misrepresentation
Wrongful existence of a material fact to a contract by both parties.
mutual mistake
Wrongful existence of a material fact to a contract by both parties.
mutual assent
Wrongful existence of a material fact to a contract by both parties.
fiduciary
Wrongful existence of a material fact to a contract by both parties.
let the buyer beware
Wrongful existence of a material fact to a contract by both parties.
fraud
Wrongful existence of a material fact to a contract by both parties.
unilateral mistake
Wrongful existence of a material fact to a contract by both parties.
unconscionable
Wrongful existence of a material fact to a contract by both parties.
undue influence
Wrongful existence of a material fact to a contract by both parties.
duress
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