Question: True or False. Explain? 21/ A condition subsequent is an example of contract being ended by agreement 22/ A condition precedent is an example of
True or False. Explain?
21/ A condition subsequent is an example of contract being ended by agreement
22/ A condition precedent is an example of a contract being ended by agreement
23/ A breach of warranty will bring the contract to an end
24/ When one party is responsible for an act that frustrates a contract it is treated as a breach
25/ When an outside, unforeseen event interferes with the performance of a contract, and there is some other way to fulfill the contract, performance is required
26/ Repudiation occurs when one party indicates that they do not intend to follow through with their end of the deal
27/ Courts enforce exemption clauses because it is assumed that they reflect the will of the parties to the contract
28/ A case in which one person sues another for breach of contract would be conducted in a civil court
29/ Individuals who negotiate a contract on behalf of their employer have the privity of contract with the other party
30/ When hearing a case, the court will generally assume equality of bargaining power, even though it is not always a valid assumption
31/ An incompleted of agreement is not contractual because its content is not sufficiently comprehensive
32/ An invitation to treat is one of the basic components of a contract
33/ Once made, an offer cannot be revoked
34/ A contract in which one of the parties has agreed to pay too much for what she receives in return is not enforceable
35/The postbox rule prohibits formation of contracts through the mail
36/ An advertisement in a newspaper will never be considered to constitute an offer
37/ Use of a seal in a written contract acts as a substitute for the requirement of consideration
38/ Generally, it is difficult to prove the presence of intention in agreements between family members
39/ When the parties fail to address an important aspect of their contractual relationship, the law may help to "fill in the blanks" through implied terms
40/ A standard form contract allows major terms and conditions to be changed through negotiation
41/ Intoxication is regarded as a form of mental incapacity under the law
42/ The post box rule makes it clear that when people choose to communicate by mail, they take the risk of delay or loss and the acceptance as result will be binding only when or if received
43/ An offer will end when the subject matter of the offer is sold to someone else
44/ Negligent misrepresentation is intentionally misleading another person into a contract
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