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W7 M6 - Contracts PASS

Authored by Sienna Barrett

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W7 M6 - Contracts PASS
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10 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Where the parties expressly agree in the contract that the contract will or may be discharged, refers to what?

Agreement

Discharge by agreement

Novation

Abandonment

2.

FILL IN THE BLANK QUESTION

1 min • 1 pt

The ______ is the actual agreement by which the obligation is discharged.

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What refers to the consideration which makes the agreement operative?

The satisfaction

The novation

The agreement

Consideration

4.

FILL IN THE BLANK QUESTION

1 min • 1 pt

______ will occur if it can be inferred that the parties indicate that neither considers that the contract should be further performed.

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Where an unexpected event, not the fault of either party, makes contractual performance something radically different to what was originally agreed, refers to what?

Discharge by agreement

Discharge

Frustration

Failure on basis of the contract

6.

MULTIPLE SELECT QUESTION

45 sec • 1 pt

Select all the common instances of frustration that you can see below

Destruction or unavailability of subject matter

Death or incapacity of a party.

Delay

Change of law and contracts involving land

Contemplated method of performance no longer possible

7.

MULTIPLE SELECT QUESTION

45 sec • 1 pt

Select all the limits on the Doctrine of Frustration

Must be no express provision in the contract providing for the frustrating event.

The event must not have been foreseeable at the time of the contract.

Frustrating event must not have been self-induced

The event must have occurred without fault of either party.

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