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PVL3702 Assignment 2 QUIZ (COMPLETE ANSWERS) Semester 2 2024 (718830)

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PVL3702 Assignment 2 QUIZ (COMPLETE ANSWERS) Semester 2 2024 (718830)

Institution
Law Of Contract
Course
Law of Contract











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Institution
Law of Contract
Course
Law of Contract

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Uploaded on
August 13, 2024
Number of pages
40
Written in
2024/2025
Type
Exam (elaborations)
Contains
Questions & answers

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PVL3702 Assignment 2
1. What is the primary purpose of contract law?


a) To enforce moral obligations between parties
b) To regulate criminal behavior
c) To provide a framework for parties to agree on terms and enforce those terms
d) To manage family disputes


Answer: c) To provide a framework for parties to agree on terms and enforce those
terms


2. Which of the following is a requirement for a contract to be legally binding?


a) Both parties must be of equal financial status
b) The agreement must be written and notarized
c) There must be mutual consent, consideration, and capacity
d) The contract must be approved by a judge


Answer: c) There must be mutual consent, consideration, and capacity


3. In which legal system does the concept of stare decisis play a significant role?


a) Civil law
b) Criminal law
c) Common law
d) Administrative law


Answer: c) Common law


4. What is the primary function of a tort in law?

,a) To define criminal offenses
b) To address disputes arising from the breach of contractual obligations
c) To provide remedies for civil wrongs not arising from contractual relationships
d) To regulate administrative decisions


Answer: c) To provide remedies for civil wrongs not arising from contractual
relationships


5. Which of the following is NOT a typical remedy for breach of contract?


a) Specific performance
b) Injunction
c) Damages
d) Compensation for pain and suffering


Answer: d) Compensation for pain and suffering


6. What is the legal principle that prevents a person from being tried twice for the
same offense?


a) Habeas corpus
b) Double jeopardy
c) Res judicata
d) Ex post facto


Answer: b) Double jeopardy


7. Under what legal doctrine can a person be held liable for harm caused by their
actions even if there was no intent to cause harm?


a) Intentional torts
b) Negligence

,c) Strict liability
d) Defamation


Answer: c) Strict liability


8. Which of the following best describes "consideration" in contract law?


a) The formalities required to create a contract
b) The price paid for a contract’s enforcement
c) Something of value exchanged between parties to form a contract
d) The terms and conditions stipulated in a contract


Answer: c) Something of value exchanged between parties to form a contract9.
What is the primary function of the judiciary in a legal system?


a) To create laws
b) To enforce laws
c) To interpret laws and resolve disputes
d) To advise the legislature


Answer: c) To interpret laws and resolve disputes


10. Which of the following is a characteristic of a contract of adhesion?


a) It is negotiated between equal parties
b) It is drafted by one party and accepted by the other on a "take it or leave it" basis
c) It requires extensive negotiation and mutual agreement
d) It involves multiple parties in a complex transaction


Answer: b) It is drafted by one party and accepted by the other on a "take it or leave
it" basis

, 11. In legal terms, what does “burden of proof” refer to?


a) The requirement to prove guilt beyond a reasonable doubt
b) The obligation to produce evidence in a case
c) The responsibility of a party to prove the facts they assert in a case
d) The duty to comply with court orders


Answer: c) The responsibility of a party to prove the facts they assert in a case


12. What is the role of a mediator in dispute resolution?


a) To impose a binding decision on the parties
b) To represent one of the parties in court
c) To facilitate communication and negotiation between parties to reach a mutually
acceptable agreement
d) To provide legal advice on the merits of the case


Answer: c) To facilitate communication and negotiation between parties to reach a
mutually acceptable agreement


13. Which of the following is an example of a "statutory law"?


a) Case law established by court decisions
b) Common law principles developed through judicial rulings
c) Regulations enacted by a legislative body
d) Executive orders issued by the president


Answer: c) Regulations enacted by a legislative body


14. What does "res judicata" mean in legal terms?


a) The principle that a case cannot be retried once a final judgment has been made

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