What is one positive consequence of the rule prohibiting a court from ordering that a person personally perform a contract promise? What is one negative consequence of that rule?
Answer: The one positive consequence of the rule that prohibits a court from ordering that a person personally perform the contract promise is that it saves parties from the personal liabilities for a contract. This supports professionalism and encourages business as the people will not be afraid of taking risks due to their personal liability. The negative consequence of this rule will be the increase in the breach of contracts and the people can easily escape from their liabilities as they are not personally accountable for them.
What is one positive consequence of the rule prohibiting a court from ordering that a person...
30.a. What exception is there in the rule that an agreement is illegal if it tends to compensate a person for the consequences of his own wrongdoing? A) The main exception to this rule is at the level of cancellable contracts. B) The main exception to this rule is in insurance contracts. C) The main exception to this rule is at the level of promises to pay a gambling debt. D) The main exception to this rule is at the...
Under the Parol Evidence rule the court will presume that?
Select one:
a. An oral contract does not contain all of the terms of the
agreement
b. A written contract contains all of the terms of the
agreement
c. A written contract does not contain all of the terms of the
agreement
d. An oral contract contains all of the terms of the
agreement
The different types of mistake recognised by the law include?
Select one:
a. Mutual, innocent and...
The courts will presume that a written contract which appears complete on its face contains the whole agreement and will not permit a party to add to or vary or contradict the written agreement. This is called the… parol evidence rule postal acceptance rule business judgment rule privity of contract rule An injunction is a… court order requiring a person to fulfil their agreement under a contract remedy available where someone has benefited at the expense of someone else...
The legal concept of “Adequacy of Consideration means Select one: a. The court does not care if the amount of money received in exchange for labor or property is adequate. b. The contract agreement must contain the word "consideration." c. The amount of money received in exchange for labor or property must be adequate or it is not a legal contract. Consideration involves each party inducing the other to change their position at Select one: a. Approximately the same time....
The differences & similarities between the federal & state court systems. 2. The structure of the Washington state court system; i.e. the trial court of general jurisdiction, the intermediate appellate court, the state supreme court. 3. Remember, Washington is in the 9 th Circuit Court of Appeals. 4. Under both the Washington state and federal court system, there is one appeal as of right. Appeals to the Washington Supreme Court(in the state system), or to the U.S. Supreme Court in...
44. Agreements under the “Statute of Frauds” must: a. be in writing b. be for under $100.00 c. be on legal paper d. be notarized e. all of the above f. a and d only 45. An “illegal agreement” is one that will not be enforced because it violates: a. mirror reflection rule b. statutory law c. mutual rescission d. discord and satisfaction e. all of the above 46. The “parole evidence rule” related to contracts may refer to: a....
A supreme court from a certain region recently ruled that employees can be tested for drugs only if management has reasonable cause to administer the test. An article in a certain magazine focused on the misclassification rates of such drug tests. A false positive occurs when a drug test administered to a non-drug user yields a positive result. A false negative occurs when a drug test administered to a drug user yields a negative result. Complete parts a and b...
The privity rule is one of the basic elements of contract law. What is the purpose of this rule?
A supreme court from a certain region recently ruled that employees can be tested for drugs only if management has reasonable cause to administer the test. An article in a certain magazine focused on the misclassification rates of such drug tests. A false positive occurs when a drug test administered to a non-drug user yields a positive result. A false negative cours when a drug test administered to a drug user yields a negative result Complete parts a and b....
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