Question 1

Statutes which regulate the amount of interest rates charged are usury laws.

Accepted Answer

True

Question 2

A statute can regulate which of the following?&#10;A)Wagering&#10;B)Professional licensing&#10;C)All of the above&#10;D)None of the above

Accepted Answer

C

Question 3

A doctrine that avoids illegality and injustice is&#10;A)divisibility.&#10;B)severability.&#10;C)unconscionability.&#10;D)avoidability.

Accepted Answer

A

Question 4

AU contracts made on Sundays are illegal.

Accepted Answer

The answer of AU contracts made on Sundays are illegal....

Question 5

Contracts that violate public policy are void.

Accepted Answer

The answer of Contracts that violate public policy are void....

Question 6

Wagering statutes are illegal in all states.

Accepted Answer

The answer of Wagering statutes are illegal in all states....

Question 7

Clauses that limit liability are exculpatory clauses.

Accepted Answer

The answer of Clauses that limit liability are exculpatory clauses....

Question 8

A usury contract relates to which of the following?&#10;A)Interest rates&#10;B)Severability&#10;C)A policy&#10;D)None of the above

Accepted Answer

The answer of A usury contract relates to which of...

Question 9

Persons who are in pari delicto are not equally at fault.

Accepted Answer

The answer of Persons who are in pari delicto are...

Question 10

For a contract to be legal, it must have which of the following?&#10;A)Legal purpose&#10;B)Legal subject matter&#10;C)All of the above&#10;D)None of the above

Accepted Answer

The answer of For a contract to be legal, it...

Question 11

A method of removing an illegality is to divide a contract into two sections.

Accepted Answer

The answer of A method of removing an illegality is...

Question 12

A covenant not to compete only restricts the time period of compensation.

Accepted Answer

The answer of A covenant not to compete only restricts...

Question 13

Clauses that limit a party's liability are&#10;A)unconscionable.&#10;B)illegal.&#10;C)divisible.&#10;D)exculpatory.

Accepted Answer

The answer of Clauses that limit a party's liability are&#10;A)unconscionable.&#10;B)illegal.&#10;C)divisible.&#10;D)exculpatory....

Question 14

The doctrine of pari delicto means which of the following?&#10;A)A time to repent&#10;B)All at fault&#10;C)Equally at fault&#10;D)A part of fault

Accepted Answer

The answer of The doctrine of pari delicto means which...

Question 15

An illegal contract can be formed when a party violates a statute.

Accepted Answer

The answer of An illegal contract can be formed when...

Question 16

A covenant to compete can be used as which of the following?&#10;A)Incident to employment&#10;B)Incident to a sale of business&#10;C)All of the above&#10;D)None of the above

Accepted Answer

The answer of A covenant to compete can be used...

Question 17

Contracts can be illegal if they&#10;A)violate public policy.&#10;B)violate a statute.&#10;C)all of the above.&#10;D)none of the above.

Accepted Answer

The answer of Contracts can be illegal if they&#10;A)violate public...

Question 18

Blue laws prohibit the consummation of a contract on which day?&#10;A)Monday&#10;B)Sunday&#10;C)Wednesday&#10;D)Saturday

Accepted Answer

The answer of Blue laws prohibit the consummation of a...

Question 19

The limited exceptions to illegality include which of the following?&#10;A)Pari delicto&#10;B)Laws poenitentiae&#10;C)All of the above&#10;D)None of the above

Accepted Answer

The answer of The limited exceptions to illegality include which...

Question 20

A contract must have a legal purpose and legal subject matter.

Accepted Answer

The answer of A contract must have a legal purpose...

Question 21

Match between columns&#10;                        Premises: Doctrine that sections contracts and removes illegal portions. &#10;Doctrine that sections contracts and removes illegal portions. &#10;Doctrine that sections contracts and removes illegal portions. &#10;Doctrine that sections contracts and removes illegal portions. &#10;Doctrine that sections contracts and removes illegal portions. &#10;Doctrine that sections contracts and removes illegal portions. &#10;Doctrine that sections contracts and removes illegal portions. &#10;Doctrine that sections contracts and removes illegal portions. &#10;Doctrine that sections contracts and removes illegal portions. &#10;Doctrine that sections contracts and removes illegal portions. &#10;A contract that sometimes violates public policy. &#10;A contract that sometimes violates public policy. &#10;A contract that sometimes violates public policy. &#10;A contract that sometimes violates public policy. &#10;A contract that sometimes violates public policy. &#10;A contract that sometimes violates public policy. &#10;A contract that sometimes violates public policy. &#10;A contract that sometimes violates public policy. &#10;A contract that sometimes violates public policy. &#10;A contract that sometimes violates public policy. &#10;Statutes dealing with gaming, betting, or gambling. &#10;Statutes dealing with gaming, betting, or gambling. &#10;Statutes dealing with gaming, betting, or gambling. &#10;Statutes dealing with gaming, betting, or gambling. &#10;Statutes dealing with gaming, betting, or gambling. &#10;Statutes dealing with gaming, betting, or gambling. &#10;Statutes dealing with gaming, betting, or gambling. &#10;Statutes dealing with gaming, betting, or gambling. &#10;Statutes dealing with gaming, betting, or gambling. &#10;Statutes dealing with gaming, betting, or gambling. &#10;Clauses that limit a party's liability. &#10;Clauses that limit a party's liability. &#10;Clauses that limit a party's liability. &#10;Clauses that limit a party's liability. &#10;Clauses that limit a party's liability. &#10;Clauses that limit a party's liability. &#10;Clauses that limit a party's liability. &#10;Clauses that limit a party's liability. &#10;Clauses that limit a party's liability. &#10;Clauses that limit a party's liability. &#10;A necessary element in a contract. &#10;A necessary element in a contract. &#10;A necessary element in a contract. &#10;A necessary element in a contract. &#10;A necessary element in a contract. &#10;A necessary element in a contract. &#10;A necessary element in a contract. &#10;A necessary element in a contract. &#10;A necessary element in a contract. &#10;A necessary element in a contract. &#10;Statutes that regulate interest rates. &#10;Statutes that regulate interest rates. &#10;Statutes that regulate interest rates. &#10;Statutes that regulate interest rates. &#10;Statutes that regulate interest rates. &#10;Statutes that regulate interest rates. &#10;Statutes that regulate interest rates. &#10;Statutes that regulate interest rates. &#10;Statutes that regulate interest rates. &#10;Statutes that regulate interest rates. &#10;Agreement relating to marriage. &#10;Agreement relating to marriage. &#10;Agreement relating to marriage. &#10;Agreement relating to marriage. &#10;Agreement relating to marriage. &#10;Agreement relating to marriage. &#10;Agreement relating to marriage. &#10;Agreement relating to marriage. &#10;Agreement relating to marriage. &#10;Agreement relating to marriage. &#10;A concept that evaluates a party's blameworthiness in a contract transaction. &#10;A concept that evaluates a party's blameworthiness in a contract transaction. &#10;A concept that evaluates a party's blameworthiness in a contract transaction. &#10;A concept that evaluates a party's blameworthiness in a contract transaction. &#10;A concept that evaluates a party's blameworthiness in a contract transaction. &#10;A concept that evaluates a party's blameworthiness in a contract transaction. &#10;A concept that evaluates a party's blameworthiness in a contract transaction. &#10;A concept that evaluates a party's blameworthiness in a contract transaction. &#10;A concept that evaluates a party's blameworthiness in a contract transaction. &#10;A concept that evaluates a party's blameworthiness in a contract transaction. &#10;A contract that restricts competition. &#10;A contract that restricts competition. &#10;A contract that restricts competition. &#10;A contract that restricts competition. &#10;A contract that restricts competition. &#10;A contract that restricts competition. &#10;A contract that restricts competition. &#10;A contract that restricts competition. &#10;A contract that restricts competition. &#10;A contract that restricts competition. &#10;The Blue laws that were passed by various legislatures. &#10;The Blue laws that were passed by various legislatures. &#10;The Blue laws that were passed by various legislatures. &#10;The Blue laws that were passed by various legislatures. &#10;The Blue laws that were passed by various legislatures. &#10;The Blue laws that were passed by various legislatures. &#10;The Blue laws that were passed by various legislatures. &#10;The Blue laws that were passed by various legislatures. &#10;The Blue laws that were passed by various legislatures. &#10;The Blue laws that were passed by various legislatures.

Accepted Answer

The Answer of waging laws and surrogacy and restrictive covenant is...

Deck 7: Legality in Contracts