CONTRACT LAW EXAM
QUESTIONS WITH
CORRECT ANSWERS
Condition (n) - Answer-điều kiện chính
An essential term that, if breached, allows the other party to terminate the contract
Ví dụ: Time of delivery was a condition of the contract
Warranty (n) - Answer-điều khoản bảo đảm
A less essential term whose breach only gives rise to damages, not termination
Ví dụ: The product came with a 12-month warranty for manufacturing defects
Representation (n) - Answer-sự trình bày
A factual statement made to induce a party to enter a contract
Ví dụ: False representations may result in a voidable contract
Misrepresentation (n) - Answer-sự trình bày sai
A false statement of fact that induces someone to enter into a contract
Ví dụ: The buyer relied on a misrepresentation about the car's history
Jurisdiction (n) - Answer-quyền tài phán
The legal authority to hear and decide a case or enforce a contract
Ví dụ: The contract specifies that UK courts have exclusive jurisdiction
Dispute (n) - Answer-tranh chấp
A conflict or disagreement between parties regarding a contract
Ví dụ: The parties agreed to settle any dispute through arbitration
Amendment (n) - Answer-sửa đổi
A formal change to the terms of a contract
Ví dụ: An amendment was added to extend the delivery deadline
Assignment (n) - Answer-chuyển nhượng
The legal transfer of rights or obligations under a contract
Ví dụ: The lease agreement prohibits assignment without written consent
Liability (n) - Answer-trách nhiệm pháp lý
Legal responsibility for one's actions or for damages under contract
Ví dụ: The manufacturer denied liability for damages caused by misuse
, Negotiation (n) - Answer-đàm phán
The process of discussing terms to reach agreement
Ví dụ: Contract negotiations continued for several weeks before signing
Counter-offer (n) - Answer-đề nghị đáp lại
A response to an offer that modifies the original terms
Ví dụ: The buyer made a counter-offer to lower the price by 10%
Severability (n) - Answer-điều khoản tách biệt
A clause stating that if part of the contract is invalid, the rest remains in effect
Ví dụ: The severability clause ensured the contract survived despite one void term
Performance (n) - Answer-việc thực hiện hợp đồng
The act of doing what is required by a contract
Ví dụ: The contractor's late performance caused a delay in the project
Non-performance (n) - Answer-việc không thực hiện nghĩa vụ hợp đồng
Failure to fulfill obligations under a contract
Ví dụ: The supplier was penalized for non-performance of the agreement
Bilateral contract (n) - Answer-hợp đồng song vụ
A contract where both parties make promises to each other
Ví dụ: A sale agreement is a typical example of a bilateral contract
Unilateral contract (n) - Answer-hợp đồng đơn vụ
A contract where only one party makes a promise
Ví dụ: A reward offer is usually a unilateral contract
Due diligence (n) - Answer-thẩm định (pháp lý hoặc tài chính)
The process of investigating and verifying facts before entering a contract
Ví dụ: The buyer conducted due diligence before acquiring the company
Good faith (n) - Answer-thiện chí
Honesty and fairness in contract negotiation and performance
Ví dụ: Both parties must act in good faith during the agreement
Rescission (n) - Answer-hủy hợp đồng
The cancellation of a contract, returning parties to their original position
Ví dụ: The court granted rescission due to fraudulent misrepresentation
Repudiation (n) - Answer-từ chối thực hiện hợp đồng
A clear refusal to perform contractual obligations
Ví dụ: The buyer's refusal to pay was treated as repudiation
Notice (n) - Answer-thông báo
QUESTIONS WITH
CORRECT ANSWERS
Condition (n) - Answer-điều kiện chính
An essential term that, if breached, allows the other party to terminate the contract
Ví dụ: Time of delivery was a condition of the contract
Warranty (n) - Answer-điều khoản bảo đảm
A less essential term whose breach only gives rise to damages, not termination
Ví dụ: The product came with a 12-month warranty for manufacturing defects
Representation (n) - Answer-sự trình bày
A factual statement made to induce a party to enter a contract
Ví dụ: False representations may result in a voidable contract
Misrepresentation (n) - Answer-sự trình bày sai
A false statement of fact that induces someone to enter into a contract
Ví dụ: The buyer relied on a misrepresentation about the car's history
Jurisdiction (n) - Answer-quyền tài phán
The legal authority to hear and decide a case or enforce a contract
Ví dụ: The contract specifies that UK courts have exclusive jurisdiction
Dispute (n) - Answer-tranh chấp
A conflict or disagreement between parties regarding a contract
Ví dụ: The parties agreed to settle any dispute through arbitration
Amendment (n) - Answer-sửa đổi
A formal change to the terms of a contract
Ví dụ: An amendment was added to extend the delivery deadline
Assignment (n) - Answer-chuyển nhượng
The legal transfer of rights or obligations under a contract
Ví dụ: The lease agreement prohibits assignment without written consent
Liability (n) - Answer-trách nhiệm pháp lý
Legal responsibility for one's actions or for damages under contract
Ví dụ: The manufacturer denied liability for damages caused by misuse
, Negotiation (n) - Answer-đàm phán
The process of discussing terms to reach agreement
Ví dụ: Contract negotiations continued for several weeks before signing
Counter-offer (n) - Answer-đề nghị đáp lại
A response to an offer that modifies the original terms
Ví dụ: The buyer made a counter-offer to lower the price by 10%
Severability (n) - Answer-điều khoản tách biệt
A clause stating that if part of the contract is invalid, the rest remains in effect
Ví dụ: The severability clause ensured the contract survived despite one void term
Performance (n) - Answer-việc thực hiện hợp đồng
The act of doing what is required by a contract
Ví dụ: The contractor's late performance caused a delay in the project
Non-performance (n) - Answer-việc không thực hiện nghĩa vụ hợp đồng
Failure to fulfill obligations under a contract
Ví dụ: The supplier was penalized for non-performance of the agreement
Bilateral contract (n) - Answer-hợp đồng song vụ
A contract where both parties make promises to each other
Ví dụ: A sale agreement is a typical example of a bilateral contract
Unilateral contract (n) - Answer-hợp đồng đơn vụ
A contract where only one party makes a promise
Ví dụ: A reward offer is usually a unilateral contract
Due diligence (n) - Answer-thẩm định (pháp lý hoặc tài chính)
The process of investigating and verifying facts before entering a contract
Ví dụ: The buyer conducted due diligence before acquiring the company
Good faith (n) - Answer-thiện chí
Honesty and fairness in contract negotiation and performance
Ví dụ: Both parties must act in good faith during the agreement
Rescission (n) - Answer-hủy hợp đồng
The cancellation of a contract, returning parties to their original position
Ví dụ: The court granted rescission due to fraudulent misrepresentation
Repudiation (n) - Answer-từ chối thực hiện hợp đồng
A clear refusal to perform contractual obligations
Ví dụ: The buyer's refusal to pay was treated as repudiation
Notice (n) - Answer-thông báo
