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Question 1 In a contract where both parties are incapable of giving consent, express or implied ratification by the parent, or guardian, as
Not yet the case may be, of one of the contracting parties shall give the contract the same effect as if only one of them were
answered
incapacitated.
Marked out of
1.00
Select one:
a. TRUE
b. FALSE
Question 2 A contract which is the direct result of a previous illegal contract is also void and inexistent.
Not yet
answered
Select one:
Marked out of
1.00
a. TRUE
b. FALSE
Question 3 Those contracts whose cause, object or purpose is contrary to law, morals, good customs, public order, or public policy.
Not yet
answered
Select one:
Marked out of
1.00
a. Voidable
b. Reformation
c. Rescissible
d. Inexistent
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1/11/2019 Quiz 006
Question 4 When the law sets, or authorizes the setting of a minimum wage for laborers, and a contract is agreed upon by which a
Not yet laborer accepts a lower wage, he shall be entitled to recover the deficiency.
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b. TRUE
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1/11/2019 Quiz 006
Question 7 Under Void contracts, when the act is unlawful and constitutes a criminal offense and both parties are
Not yet guilty,_________________________.
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Question 8 ____________________ are descriptive of statutes which requires certain classes of contracts to be in writing. Merely
Not yet regulates the formalities of the contract necessary to render it enforceable.
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c. Written memorandum/note
d. Purpose of Statutes
Question 9 Those contracts that are expressly prohibited or declared void by law are unenforceable.
Not yet
answered
Select one:
Marked out of
1.00
a. TRUE
b. FALSE
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1/11/2019 Quiz 006
Question 10 ___________________________means both are at fault.
Not yet
answered
Select one:
Marked out of
1.00
a. None of the choices
b. pari delicto
c. Illegal per se
d. fraud
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