Question: QUESTION 95 State statutes that limit the interest that can be charged on loans and contracts are ______ laws. Locus poenitentiae Scienter Usury Per se

QUESTION 95

  1. State statutes that limit the interest that can be charged on loans and contracts are ______ laws.

    Locus poenitentiae

    Scienter

    Usury

    Per se

0.25 points

QUESTION 96

  1. In construing contracts, courts may use several forms of parole evidence in addition to the contract itself. Which answer below represents the courts' order of preference for using these different forms of evidence?

    Express terms, usage of trade, course of performance

    Express terms, course of performance, course of dealing

    Course of dealing, usage of trade, course of performance

    Course of performance, express terms, course of dealing

0.25 points

QUESTION 97

  1. In construing a contract, the primary function of the court is to

    Prevent unjust enrichment

    Void illegal contracts

    Determine the intention of the parties

    Enforce the Code.

0.25 points

QUESTION 98

  1. In a limited partnership, the _________partner has unlimited personal liability for the debts of the partnership; the ____________partner is liable only to the extent of his or her capital contribution.

    Limited-----------------general

    General----------------limited

    Senior------------------limited

    General----------------junior

0.25 points

QUESTION 99

  1. Duties cannot be delegated if

    There is a non-delegation clause in the contract

    The duties are for personal services

    The duties are part of a Novation

    A and b

0.25 points

QUESTION 100

  1. A landlord who unreasonably refuses to consent to the assignment of a lease by a tenant cannot sue the tenant for breach of contract based on the doctrine of __________________.

    Commercial frustration

    Noncooperation

    Waiver

    Novation

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