1. An innocent party may avoid a contract based on fraudulent misrepresentation.

Group of answer choices

True

False

Flag question: Question 2

The Statute of Frauds is the law governing which contracts must be in writing in order to be enforceable

Group of answer choices

True

False

Flag question: Question 3Question 33 pts

The parol evidence rule allows parties to verbally contradict the written terms of a contract

Group of answer choices

True

False

Flag question: Question 4Question 43 pts

A condition precedent is an event that occurs after the performance under a contract

Group of answer choices

True

False

Flag question: Question 5Question 53 pts

Generally parties agree on terms and perform their obligations in good faith

Group of answer choices

True

False

Flag question: Question 6Question 63 pts

If neither party has performed, the parties may mutually agree to terminate or rescind the contract

Group of answer choices

True

False

Flag question: Question 7Question 73 pts

The duty to mitigate means that an individual must take steps to protect damaged property from further damage.

Group of answer choices

True

False

Flag question: Question 8Question 83 pts

The clean hands doctrine does not require the non-breaching party to be ready, willing and able to perform under the contract

Group of answer choices

True

False

Flag question: Question 9Question 93 pts

An assignment is a transfer of current rights under a contract by one party to a contract to a third party

Group of answer choices

True

False

Flag question: Question 10Question 103 pts

A delegation is a transfer of current duties owed by one party under a contract to a third party

Group of answer choices

True

False

Flag question: Question 11Question 113 pts

A tort is a civil wrong

Group of answer choices

True

False

Flag question: Question 12Question 123 pts

Negligence is a willful act that causes harm to another party

Group of answer choices

True

False

Flag question: Question 13Question 13