Download presentation
Presentation is loading. Please wait.
1
Jeopardy T/F 1 T/F 2 MC 1 MC 2 Random Q $100 Q $100 Q $100 Q $100
Final Jeopardy
2
$100 Question from H1 True or false?
Recission is conduct suggesting you intend to be bound by the contract.
3
$100 Answer from H1 False
4
The absence of genuine assent will make a contract voidable
$200 Question from H1 True or False The absence of genuine assent will make a contract voidable
5
$200 Answer from H1 True
6
$300 Question from H1 True or False?
Committing an act of violence to obtain a signature on a written contract is duress
7
$300 Answer from H1 True
8
$400 Question from H1 True or False?
When one party to the contract is in a position of trust and wrongfully dominates the other party, undue influence occurs.
9
$400 Answer from H1 True
10
$500 Question from H1 True or False?
Signing a contract written in a language you don’t understand will not bind you.
11
$500 Answer from H1 False
12
$100 Question from H2 True or False?
Material facts are important facts that influence the parties’ decisions about a contract
13
$100 Answer from H2 TRUE
14
$200 Question from H2 True or False?
In some states, the contract is still valid if the mutual mistake is about the applicable law
15
$200 Answer from H2 True
16
Unilateral mistakes create the right to rescind or void the contract
$300 Question from H2 True or False? Unilateral mistakes create the right to rescind or void the contract
17
$300 Answer from H2 False
18
All persons are presumed to know the law
$400 Question from H2 True or False? All persons are presumed to know the law
19
$400 Answer from H2 True
20
Punitive damages are a form of punishment
$500 Question from H2 True or False? Punitive damages are a form of punishment
21
$500 Answer from H2 True
22
$100 Question from H3 In order to be effective, a recission must be
ratified, prompt, agreed upon, none of these
23
$100 Answer from H3 (B) Prompt,
24
$200 Question from H3 A genuine agreement may be lacking due to
duress, fraud, undue influence, all of these
25
$200 Answer from H3 (D) all of these
26
$300 Question from H3 In economic duress cases, the courts look at
both the threat and the size of the threatened party, both the threat and the place where the threat occurred, both the threat and the alternatives available to the threatened party, none of these
27
$300 Answer from H3 (C) both the threat and the alternatives available to the threatened party,
28
$400 Question from H3 Key elements in undue influence are unfair persuasion and relationship, ownership, both a and b, none of these
29
$400 Answer from H3 (A) Relationship
30
$500 Question from H3 A mistake from failure to read a contract before signing is called a fraudulent mistake, a mutual mistake, a unilateral mistake, none of these.
31
$500 Answer from H3 (C) a unilateral mistake
32
$100 Question from H4 Generally, mistakes that have no effect upon the contract rights of the parties are fraudulent mistakes, mutual mistakes, unilateral mistakes, none of these.
33
$100 Answer from H4 (C.) unilateral mistakes
34
$200 Question from H4 In misrepresentation, the statement must be one of slander, fact, opinion, unimportant information
35
$200 Answer from H4 (B) Fact
36
$300 Question from H4 Disclosure is required when a statement
omits important information about a material fact, is made false by subsequent events, both a and b, none of these.
37
$300 Answer from H4 (C) Both a and b
38
$400 Question from H4 Contracts entered into as result of misrepresentation or fraud are voidable by the injured party, the UCC, both a and b, none of these
39
$400 Answer from H4 (A)the injured party
40
$500 Question from H4 An untrue statement is not material if
the statement would cause a reasonable person to contract the defendant knew this plaintiff would rely on the statement, the defendant knew the statement was false, the statement was an honest opinion
41
$500 Answer from H4 (D) the statement was an honest opinion
42
$100 Question from H5 Binding agreement formed by a mutual exchange of legally binding promises
43
$100 Answer from H5 Bilateral contract
44
$200 Question from H5 Offer's withdrawal of an offer before it is accepted
45
$200 Answer from H5 Revocation
46
$300 Question from H5 Party to whom an offer is made
47
$300 Answer from H5 Offeree
48
The person who makes the offer
$400 Question from H5 The person who makes the offer
49
$400 Answer from H5 offeror
50
$500 Question from H5 Agreement between two parties that creates an obligation
51
$500 Answer from H5 Contract
52
Final Jeopardy What are the six elements of a contract
53
Final Jeopardy Answer Offer Consideration Capacity Legality Writing*
Assent
Similar presentations
