Contract law exam test - Study guides, Class notes & Summaries

Colorado Car Sales Exam Questions With Correct Answers and Rationales Latest Updated 2024 (GRADED A+) The advertise price of a motor vehicle must include: Answer- Finance Charge Advertisement of rate of finance charge. If an advertisement states a rate of finance charge, it shall state the rate as an "annual percentage rate," using that term. If the annual percentage rate may be increased after consummation, the advertisement shall state that fact. If an advertisement is for credit not se...

Contract Law for Paralegals Exam Test Questions with Correct Answers| Updated Version What is a contract? a contract is a legally enforceable agreement composed of a promise or promises that have been agreed on and that create both rights and duties for the parties to the agreement. Requires: - mutual assent, - consideration, aka "bargained-for exchange of promises", and - no defenses to formation. (#1, 8) . What law applies to: Services Land Goods • common law (state cas...

CA Life and Health Exam Questions and Answers Already Passed What is insurance? Insurance is the legal contract where two parties agree that if something will happen, a value will be exchanged. What's the difference between pure risk and speculative risk? Pure risk is when you'll lose it all or there will be no change. Speculative risk you can either win or lose. What is peril? peril is the causes of loss insured against in an insurance policy What is hazard? conditions that increase the pr...

Ohio Real Estate Exam test bank Questions with answers 2023May a consumer who has been harmed by a licensee acting under her license as a real estate salesperson or broker immediately file a claim for payment from the Real Estate Recovery Fund? CORRECT ANSWER: No, the consumer must file a lawsuit, get a final judgment, and attempt to collect A listing agreement in which the agent may possibly be in competition with the client to see who can sell the house first is an exclusive CORRECT A...

Conduct and Practices Handbook (CPH) Exam 136 Questions with Answers Duty of care - CORRECT ANSWER This refers to obligation #3 of registered representative (RR) about acting honestly, in good faith, and in a professional manner. This is a requirement to provide advice to clients with those attributes in mind along with the proper skills and knowledge to do so. It is important to note that the standard of care provided is not a standard of perfection. RRs are usually held to this standard muc...

UOT ECO 320 Economic Analysis of Law Final Exam Review (University of Toronto) Economic Analysis of Law Test 1 Review Notes: CU Chapter 1: Introduction to Law and Economics Efficiency over Distribution in analyzing private law: • A possible way to pursue redistribution is through private law (property, contract, torts). Courts should make private laws to redistribute income to deserving groups of people (Consumers in favor over investors) • 4 Reasons this is inefficient: 1. Redistribu...

PVL2601 EXAM ANSWERS MAY/JUNE 2023 QUESTIONS ASKED: Time left 1:03:40 Question 49 Not yet answered Marked out of 2.00 Not flaggedFlag question Question text In which one of the following cases did the court prohibit a retirement annuity fund from making payments to a maintenance debtor unless the Maintenance Court or the maintenance debtor's former wife consented to such payment? a. Gerber v Gerber and Pocock b. Magewu v Zozo c. Mngadi v Beacon Sweets and Chocolates Provid...

NATIONAL REAL ESTATE EXAM PRACTICE TEST ALREADY PASSED In most cases, broker compensation, as a percentage of home price, falls somewhere between: 5-7% A Christian organization owns a fourplex. It wants to rent to only Christian tenants. Under the federal Fair Housing Act, is this legal? Yes. Religious organizations which rent to tenants for residential purposes are exempt from the Fair Housing Act What happens to trade fixtures after a business moves out of a leased property? The tenant remo...

California farm labor test exam 2023 with correct answers {GRADED A} Farm labor contractors must take a exam every? - CORRECT ANSWER Two years An Flc who has violated any law related to farm labor contracting must... - CORRECT ANSWER Take the exam the year after the violation or at request or the labor commissioner To contract for farm labor, you must? - CORRECT ANSWER -Have and show valid and current California Flc liscence -have and show a valid and current Flc federal registratio...

Missouri POSTTEST EXAM 150+ QUESTIONS AND ANSWERS 2023. 1. Tort: A private or civil wrong or injury, other than a breach of contract. 2. Preponderance of evidence: The amount of information needed to decide in favor of a party in a civil suit. It consists of more than fifty percent of the believable evidence in favor of the party's suit or defense. One more fact than the other party has established. 3. Proof beyond a reasonable doubt: The amount of information needed to convict a perso...