Question 9) If, after an offer has been made, the performance of the contract becomes illegal, the offer is terminated.
True or
False
If, after an offer has been made, the performance of the contract becomes illegal, the contract becomes illegal in the eyes of the law. In such situations, the courts are not able to enforce the contract. Thus, the offer is terminated and becomes void.
True is the correct answer.
Question 9) If, after an offer has been made, the performance of the contract becomes illegal,...
QUESTION 9 If a contract is breached, the contract is automatically terminated O True O False QUESTION 10 A Letter of Intent required to form a contract. True Fa se
[9] According to the textbook, China's government has made labor unions illegal. [A] True [B] False [10] According to the textbook, state-controlled unions in China have traditionally wielded strong power, this is why China outlawed them. [A] True [B] False [11] According to the textbook, increasing protests and strikes across China are partly attributed to inflationary pressures. [A] True [B] False [12] According to the textbook, historically, the existence of unions in the West has been linked closely to improved...
BUSINESS LAW Question 9 A contract requiring complete performance in exchange for a promise. Answers: A. Bilateral B. Lateral C. Multilateral D. Unilateral Question 10 A contract consists o any set of mutual promises to perform. Answers: True False Question 11 “Equity" is just an outdated term for "law". Answers: True False Question 12 The courts favor bilateral contracts over unilateral ones. Answers: True False
A unilateral contract is formed when the offeror makes an offer to pay money for some service by the offeree the offeree performs an act requested by the offeror. the offeror solicits a promise of performance from the offeree the offeree promises to perform an act requested by the offror. b. A contract that is formed by the acts and conduct of the parties is called_ contract a. an implied-in-law b. an implied-in-fact express d. implicit C. Rocky was hired...
True Or False
6. The parental duty of support is terminated if a minor becomes emancipated. 7. A person who was legally insane at the time of entering a contract is relieved of his or her duties arising the contract. 8. In a contract involving a legally competent person and a person who is possibly incapacitated, the competent party can void the contract at any time. 9. A contract with an intoxicated person is voidable by the party who is...
Question 20A defrauded buyer may avoid the contract and recover damages.TrueFalseQuestion 22A contract made by an incompetent person after a guardian has been appointed is voidable.TrueFalseQuestion 24If a buyer materially breaches the contract, the seller may not cancel the contract until it notifies the buyer.TrueFalseQuestion 25Ordinarily, a promise to perform an existing legal obligation is:a. binding if the promisor promises to perform with extra care.b. not consideration.c. binding if the promisee would experience substantial loss due to breach of the...
QUESTION 9 Every time a consumer encounters a supportive instance of declarative knowledge, that knowledge becomes stronger. True False 1 points QUESTION 10 The strength of sensory memory is duration, but the weakness is capacity. True False 1 points QUESTION 11 A stereotype captures the role expectations of a person of a specific type. True False 1 points QUESTION 12 In the context of declarative knowledge, paths represent concepts in an associative network. True False
QUESTION 8 Which of the following occurs when a contracting party refuses to complete the contract before the actual time of performance? a. Preemptive repudiation b. Anticipatory repudiation c. Advance refusal d. Advance repudiation e. Preparatory refusal 1 points QUESTION 9 Completion of all of the terms of a contract is required for substantial performance. True False
The element of intent is not very important in determining whether a contract has been formed. True False
confirmation is concluded. Payment is to be made by L/C at sight. This offer is subject to our final received the offer: 50 sets of H-type after the contract pany A made an offer to a Japanese company B, saying: Our company can sell you machine at USD 3 50o per set CIF Tokyo. Shipment is to be made within two months at concluded reply as soon as possible. Company B replied to the offer at the time when it...