Exam (elaborations)
LEASING AGENT TEST 2 QUESTIONS AND ANSWERS
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LEASING AGENT TEST 2 QUESTIONS AND ANSWERS
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Name: Score:25 Multiple choice questions
Term 1 of 25
Real Property includes:
Voidable
air space
Acceptance
subsurface rights
Term 2 of 25
If the tenant signs the contract under duress, menace or undue influence, the contract is
usually:
voidable by the tenant (leesse)
The contract is an illegal contract
no fraud or mirepresentation?
Specific performance
Term 3 of 25
When two or more persons enter into a contract,either orally or in writing ,it is called:
bilateral contract
Method of attachment
an express contract
Consideration
,Term 4 of 25
Land ownership includes:
from a valid contract
Consideration
is a rejection
subsurface rights
Term 5 of 25
An offer must be accepted in order to:
is a rejection
offer and acceptance
from a valid contract
has an illegal purpose
Term 6 of 25
Mutual consent requires:?
offer and acceptance
voidable by the tenant (leesse)
no fraud or mirepresentation?
extending into infinity
Term 7 of 25
An owner rents a farm to a tenant for one year. To be valid, the contract must include:
bilateral contract
an express contract
is a rejection
Consideration
, Term 8 of 25
A person less than 18 years of age has just signed a contract. The legal status of this contract is:
Voidable contract
Constitutes fraud
Statute of Frauds
Voidable
Term 9 of 25
Chapter #2 A contract is void if it:
from a valid contract
extending into infinity
has an illegal purpose
offer and acceptance
Term 10 of 25
A contract that results when a promise is exchanged for a promise is called a:
Consideration
Method of attachment
bilateral contract
an express contract
Term 11 of 25
A contract that binds one party but contains a defect that gives the other party the right to
withdraw is called a:
Statute of Frauds
Constitutes fraud
Voidable
Voidable contract
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