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Contracts 2 PASS - Mistake - W2 M1

Authored by Sienna Barrett

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Contracts 2 PASS - Mistake - W2 M1
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19 questions

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1.

MULTIPLE SELECT QUESTION

45 sec • 1 pt

Select the essential elements of a contract...

Agreement

Privity

Consideration

Intention

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Who is the Plaintiff?

Person who is defending a civil action.

The person who is successful.

The person starting a civil action.

The person who is appealing.

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the effect of a mistake at common law?

The parties can choose whether to continue the contract.

The contract is re-drafted to fix the mistake.

A voidable contract is declared void.

May mean there is no actual agreement - contract is void ab initio.

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Mutual Mistake refers to when

Both parties make the SAME mistake.

Both parties make DIFFERENT mistakes.

Only one party makes a mistake, but the other knows about it.

5.

MULTIPLE SELECT QUESTION

45 sec • 1 pt

Select the 3 types of mistake covered this week.

Common Mistake

Mutual Mistake

Unilateral Mistake

Bilateral Mistake

6.

FILL IN THE BLANK QUESTION

1 min • 1 pt

Common mistake refers to when both parties make the .... mistake

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Where only one party is mistaken, but the other knows, or ought to know, of the mistake, refers to...

Individual Mistake

Mutual Mistake

Common Mistake

Unilateral Mistake

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