Question Completion Status: > A Moving to another question will save this response. Question 1 Which of the following is true about the privity of contract doctrine? O a. It allows any person(s) who suffered as a result of a breach to claim damages. O b. It allows any person(s) with a specific loss to bring an action. O c. It restricts the operation of a contract to those who are parties to it. O d. It excludes parties to the contract from bringing an action. > A Moving to another question will save this response.Moving to another question will save this response. Question 10 Punitive damages are intended to penalize the breaching party rather than compensate the non-breaching party. O True O False Moving to another question will save this response. -10'C Partly DELLQuestion Completion Status: 2 0 N Moving to another question will save this response. Question 12 2 points Save Answer The breach of a condition in a contract allows for which of the following remedies? (p. 152) O a. The non-breaching party can terminate the contract and/or sue for damages. O b. The non-breaching party is only entitled to sue for damages. O c. The non-breaching party can terminate the contract only if the subject is rare or unique. O d. The non-breaching party can sue for only damages that are less than $500,000. Ly A Moving to another question will save this response. > 9:55 PM -10 C Partly cloudy ~ ENG 2/23/2022 DELL\fRemaining Time: 26 minutes, 23 seconds. Question Completion Status: m 10 N m 14 >Moving to another question will save this response. V Question 3 2 po Why is it advisable to have a venue clause in a contractual agreement? O a. To make it clear which law is to operate in the event of a dispute between parties located in different legal jurisdictions O b. To ensure that the party with the stronger bargaining position will have their chosen venue prevail O c. To ensure that the party with the weaker bargaining position will have their chosen venue prevail O d. To make it clear where a contractual dispute will be litigated > A Moving to another question will save this response. Question 4 2 points Save Answ The essential elements of a contractual agreement are: O a. Offer and acceptance, legality, misrepresentation, and intention to create a legal relationship O b. Legality, mistake, intention to create a legal relationship, offer, and acceptance O c. Offer and acceptance, intention to create a legal relationship, consideration, and legality O d. Legality, mistake, offer and acceptance, and consideration Moving to another question will save this response. > Question 5 2 points Save Answer In which of the following situations should a party to a contract insist on including a condition subsequent? a. They want to ensure that any dispute will be resolved in accordance with the law of a designated jurisdiction. O b. They want to specify that something must happen before they're required to perform their obligations under the contract. O c. They want to protect against forfeiture of a deposit. O d. They want to avoid being bound to the terms of the contract if a certain situation arises. > A Moving to another question will save this response. >> 9:49 PM -10 C Partly cloudy ~ ENG 2/23/2022 DOLLuesdays Question Completion Status: 0 pm 20 10 50 10 11 12 13 14 Moving to another question will save this response. Question 6 2 points Save Answer If a seller wishes to avoid liability for any loss that the other party suffers under certain circumstances, they should include: O a. An exclusion clause O b. An entire agreement clause O c. An arbitration clause O d. A governing law clause Moving to another question will save this response. > -10.C Partly cloudy ~ ENG 9:50 PM 2/23/2022 DOLLnce started, this test must be completed in one sitting. Do not leave the test before clicking Save and Submit. Completion urces Your answers are saved automatically. Remaining Time: 23 minutes, 07 seconds. esdays Question Completion Status: pm 10 20 30 40 50 7 8 10 11 12 13 14 > Moving to another question will save this response. > Question 7 2 points Save Answer Packman and Sons is a Canadian wholesaler who is negotiating a contract with Sol Solutions, a supplier based in Mexico. Packman and Sons believes the agreement will be of significant financial benefit to them. Which of the following best describes why it might be advisable to include a governing law clause in their contract? O a. It allows the parties to choose the law they want to govern their dealings. O b. It allow the court to favour Canada's law over Mexico's. O c. It allows the court to select the fairest outcome from either Mexican or Canadian law. O d. It allows the party who has invested the most financially in their jurisdiction to prevail. Moving to another question will save this response. >> -10 C Partly cloudy 9:51 PM ENG 2/23/2022 DELLclicking Save and Submit. Your answers are saved automatically. Remaining Time: 22 minutes, 32 seconds. Question Completion Status: 10 20 30 50 60 70 8 9 1 10 15 >Moving to another question will save this response. > Question 8 2 points Save Answer The court can imply terms into a contract if they believe it is necessary. In which of the following circumstances might it be deemed necessary to do so? O a. It would prevent further litigation. b. It would provide business effectiveness. c. It would save one of the parties from suffering significant loss. d. It would benefit a third party who does not have privity of contract. A Moving to another question will save this response. >> -10.C Partly cloudy ~ ENG 9:51 PM 2/23/2022 DELLRemaining Time: 21 minutes, 30 seconds. Class Tuesdays A Question Completion Status: m-1:30 pm 10 20 30 10 12 m 14 > Moving to another question will save this response.