Unilateral mistake Study guides, Revision notes & Summaries

PVL3702 Assignment 2 (COMPLETE ANSWERS) Semester 1 2024 - DUE 9 April 2024 ;100% TRUSTED workings, explanations and solutions. for assistance Whats-App.......0.6.7..1.7.1..1.7.3.9 .......... Question 1 Answer saved Marked out of 1.00 Flag question Question text Gary points a loaded gun at Pete, and orders him to sign a written contract. Gary explains that the document is for the sale of Pete’s car to him (Gary), at a price of R50 000 which is far below the market value of the car. Pete, feari...

Well-structured PVL3702 Assignment 2 (ANSWERS) Semester 1 2024 - DISTINCTION GUARANTEED. (DETAILED ANSWERS - DISTINCTION GUARANTEED!). .... Question 1 Answer saved Marked out of 1.00 Flag question Question text Gary points a loaded gun at Pete, and orders him to sign a written contract. Gary explains that the document is for the sale of Pete’s car to him (Gary), at a price of R50 000 which is far below the market value of the car. Pete, fearing for his life, signs the document. Which cause of ...

Agreement by both parties to a contract. Must be proven objectively, and is often established by showing an offer and acceptance Mutual Assent What is the term of art used to describe mutual assent? Meeting of the Minds What are the two kinds of mistakes? Unilateral Mutual Mutual assent, unless the other part knew or should have known of the mistake Often occurs for contraction bids One person makes a mistake Unilateral Mistake "Two ships peerless" In this cas...

North Carolina Paralegal Certification Test (2024) || All Questions & 100% Correct Answers North Carolina Paralegal Certification Test (2024) || All Questions & 100% Correct Answers Capacity - ANSWER - ability of a person to enter into a valid contract ** Age and Mental Condition What are the 6 requirements of a valid contract? - ANSWER - OACLCI Offer, Acceptance, Consideration, Legality, Capacity, Intent Bilateral contract - ANSWER - Promise for a Promise; contract is created at th...

RECA Exam| Questions and Verified Answers|100% Correct| 2023/ 2024 Q: Which of the following best describes a written acknowledgement? Answer: It should state that the consumer received and understands the written disclosure made by a real estate professional Q: Which of the following types of authority allow an agent to act according to the usual ways of performing an action as established by the profession? Answer: Customary authority Q: Which of the following resp...

business law Collin College -Principles of Business Law fully solved Taylor v Johnson - correct answer Land, unilateral mistake Balfour v Balfour - correct answer Ceylon, Agreements between family members Cohen v Cohen - correct answer Dress allowance, agreements between family members Merritt v Merritt - correct answer Relationship broken down, no goodwill Carlill v Carbolic Smoke Ball - correct answer Intention to be legally bound, Identifying offeree, acceptance by conduct, consi...

Which of the following is not true regarding a noncancellable policy? a) insured has the unilateral right to renew the policy for the life of the contract, and may discontinue paying premiums to cancel it b) insurer can increase the premium above what is stated in the policy if claims experience greater than expected c) insurer cannot cancel the policy d) the guarantee tp renew coverage usually only applies until the insured reaches age 65 - b) insurer can increase the premium above what ...

Basic Contract Law for Paralegals Chapters 1-8 Exam Questions and Answers 2024 Legality -Answer-The condition of conformity with the law; lawfulness. Usury -Answer-Charging a rate of interest that exceeds the rate permitted by law. Surrogacy Contract -Answer-A situation where a woman who "hosts" the fertilized egg of another woman in her womb or who is artificially inseminated with the sperm of a man who is in a relationship with someone else agrees to assign her parental rights to the ...

AIC 301 Exam Questions With All 100% Correct Answers What are the elements of a legally binding contract? - Answer -To be legally binding, contracts must: • Contain an agreement between all parties • Involve parties with the legal capacity to contract • Contain mutual assent • Involve consideration • Have a legal purpose • Be in the form prescribed by law What are the similarities and differences between bilateral and unilateral contracts? - Answer -In bilateral con...

James T. Taylor V. Arlington ISD: What are the key terms in this case? correct answers -Remedial mistake -Equitable relief -Negligence -Gross negligence -Unilateral mistake Remedial mistake conditions: correct answers a) the mistake is of so great a consequence that to enforce the contract made would be unconscionable. b) the mistake relates to a material feature of the contract C) the mistake must have been made regardless of the exercise of ordinary care D) the parties can be placed ...