1|Page
LAW OF CONTRACT EXAM LATEST 2025 ACTUAL EXAM WITH
COMPLETE QUESTIONS AND CORRECT DETAILED ANSWERS (100%
VERIFIED ANSWERS) |ALREADY GRADED A+| ||PROFESSOR
VERIFIED|| ||BRANDNEW!!!||
If a party to the contract defaults, what option(s) does the non-
defaulting have?
A) Terminate the contract and receive the earnest money
B) Enforce specific performance
C) Both A and B
D) Either A or B - ANSWER-D) Either A or B
wrong C) Both A and B
The inheritance of an ancestor's property according to the laws of
Descent and Distribution.
A) Adverse possession
B) Escheat
C) Short sale
D) Intestate succession - ANSWER-D) Intestate succession
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The owner agrees to list the property with only one broker,
however, reserves the right to sell the property themselves. This
is what kind of listing?
A) Exclusive right to sell
B) Exclusive agency
C) Open
D) Net - ANSWER-B) Exclusive agency
An individual dies intestate and without heirs.
A) Adverse possession
B) Police power
C) Eminent domain
D) Escheat - ANSWER-D) Escheat
Zoning laws are allowed due to:
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A) Eminent domain
B) Condemnation
C) Police powers
D) Escheat - ANSWER-C) Police powers
The seller covenants with the buyer that the seller has not
personally done anything to adversely affect the title being
conveyed. What does he give to the buyer?
A) Special warranty deed
B) General warranty deed
C) Quitclaim deed
D) Title policy - ANSWER-A) Special warranty deed
This type of ownership assumes that husband and wife are one
person.
A) Community property
B) Joint Tenancy
, 4|Page
C) Tenancy in common
D) Tenants by entirety - ANSWER-wrong C) Tenancy in common
wrong B) Joint Tenancy
A legally binding agreement between parties to do or not to do
something.
A) Void contract
B) Option contract
C) Unenforceable contract
D) Contract - ANSWER-D) Contract
Involuntary alienation is not done with:
A) Escheat
B) Will
C) Adverse possession
D) Eminent domain - ANSWER-B) Will
LAW OF CONTRACT EXAM LATEST 2025 ACTUAL EXAM WITH
COMPLETE QUESTIONS AND CORRECT DETAILED ANSWERS (100%
VERIFIED ANSWERS) |ALREADY GRADED A+| ||PROFESSOR
VERIFIED|| ||BRANDNEW!!!||
If a party to the contract defaults, what option(s) does the non-
defaulting have?
A) Terminate the contract and receive the earnest money
B) Enforce specific performance
C) Both A and B
D) Either A or B - ANSWER-D) Either A or B
wrong C) Both A and B
The inheritance of an ancestor's property according to the laws of
Descent and Distribution.
A) Adverse possession
B) Escheat
C) Short sale
D) Intestate succession - ANSWER-D) Intestate succession
,2|Page
The owner agrees to list the property with only one broker,
however, reserves the right to sell the property themselves. This
is what kind of listing?
A) Exclusive right to sell
B) Exclusive agency
C) Open
D) Net - ANSWER-B) Exclusive agency
An individual dies intestate and without heirs.
A) Adverse possession
B) Police power
C) Eminent domain
D) Escheat - ANSWER-D) Escheat
Zoning laws are allowed due to:
,3|Page
A) Eminent domain
B) Condemnation
C) Police powers
D) Escheat - ANSWER-C) Police powers
The seller covenants with the buyer that the seller has not
personally done anything to adversely affect the title being
conveyed. What does he give to the buyer?
A) Special warranty deed
B) General warranty deed
C) Quitclaim deed
D) Title policy - ANSWER-A) Special warranty deed
This type of ownership assumes that husband and wife are one
person.
A) Community property
B) Joint Tenancy
, 4|Page
C) Tenancy in common
D) Tenants by entirety - ANSWER-wrong C) Tenancy in common
wrong B) Joint Tenancy
A legally binding agreement between parties to do or not to do
something.
A) Void contract
B) Option contract
C) Unenforceable contract
D) Contract - ANSWER-D) Contract
Involuntary alienation is not done with:
A) Escheat
B) Will
C) Adverse possession
D) Eminent domain - ANSWER-B) Will
