PVL3703 EXAM PACK 2025 - DISTINCTION
GUARANTEED
Law of Contract - correct answer -Legal framework governing agreements between parties.
Offer - correct answer -Proposal to enter a contract, indicating willingness.
Acceptance - correct answer -Agreement to the terms of an offer.
Consensus - correct answer -Mutual agreement between parties on contract terms.
Misrepresentation - correct answer -False statement influencing a party's contract decision.
Duress - correct answer -Coercion affecting a party's ability to consent.
Undue Influence - correct answer -Improper pressure exerted on a party to contract.
Commercial Bribery - correct answer -Offering something of value to influence business decisions.
Illegal Contracts - correct answer -Agreements that violate law and are unenforceable.
,Void Contracts - correct answer -Agreements lacking legal effect from inception.
Formalities - correct answer -Legal requirements for certain contracts to be valid.
Possibility - correct answer -Requirement that contract terms must be achievable.
Terms - correct answer -Specific provisions and obligations within a contract.
Case Law - correct answer -Judicial decisions that interpret contract law principles.
Crawley Rex - correct answer -Case reference related to contract law principles.
Carlill v. Carbolic Smoke Ball Co. - correct answer -Landmark case establishing unilateral contract
principles.
Bloom v The American Swiss Watch Company - correct answer -Case addressing misrepresentation in
contract formation.
Study Unit 6 & 7 - correct answer -Focus on offer and acceptance concepts.
Study Unit 13 - correct answer -Explores duress in contract law context.
Study Unit 14 - correct answer -Examines undue influence in contractual agreements.
Study Unit 15 - correct answer -Discusses implications of commercial bribery.
Study Unit 17 and 18 - correct answer -Covers legality of contracts and void agreements.
Study Unit 19 - correct answer -Addresses formalities required for valid contracts.
, Study Unit 20 - correct answer -Focus on possibility of contract terms being fulfilled.
Study Unit 23 - correct answer -Details on terms and conditions in contracts.
Ticket Cases - correct answer -Legal cases involving ticket sales and disputes.
Interpretation - correct answer -Understanding the meaning of legal texts.
Breach of Contract - correct answer -Failure to perform contractual obligations.
Repudiation - correct answer -Refusal to fulfill contractual duties.
Prevention of Performance - correct answer -Obstacles preventing contract execution.
Remedies for Breach - correct answer -Legal solutions for contract violations.
Exceptio Non Adimpleti Contractus - correct answer -Defense against performance due to non-
fulfillment.
Rescission - correct answer -Cancellation of a contract.
Damages - correct answer -Monetary compensation for loss or injury.
Penalty Clauses - correct answer -Contractual stipulations imposing penalties for breach.
Exceptio Doli - correct answer -Defense against claims based on bad faith.
Cession - correct answer -Transfer of rights or claims to another party.
GUARANTEED
Law of Contract - correct answer -Legal framework governing agreements between parties.
Offer - correct answer -Proposal to enter a contract, indicating willingness.
Acceptance - correct answer -Agreement to the terms of an offer.
Consensus - correct answer -Mutual agreement between parties on contract terms.
Misrepresentation - correct answer -False statement influencing a party's contract decision.
Duress - correct answer -Coercion affecting a party's ability to consent.
Undue Influence - correct answer -Improper pressure exerted on a party to contract.
Commercial Bribery - correct answer -Offering something of value to influence business decisions.
Illegal Contracts - correct answer -Agreements that violate law and are unenforceable.
,Void Contracts - correct answer -Agreements lacking legal effect from inception.
Formalities - correct answer -Legal requirements for certain contracts to be valid.
Possibility - correct answer -Requirement that contract terms must be achievable.
Terms - correct answer -Specific provisions and obligations within a contract.
Case Law - correct answer -Judicial decisions that interpret contract law principles.
Crawley Rex - correct answer -Case reference related to contract law principles.
Carlill v. Carbolic Smoke Ball Co. - correct answer -Landmark case establishing unilateral contract
principles.
Bloom v The American Swiss Watch Company - correct answer -Case addressing misrepresentation in
contract formation.
Study Unit 6 & 7 - correct answer -Focus on offer and acceptance concepts.
Study Unit 13 - correct answer -Explores duress in contract law context.
Study Unit 14 - correct answer -Examines undue influence in contractual agreements.
Study Unit 15 - correct answer -Discusses implications of commercial bribery.
Study Unit 17 and 18 - correct answer -Covers legality of contracts and void agreements.
Study Unit 19 - correct answer -Addresses formalities required for valid contracts.
, Study Unit 20 - correct answer -Focus on possibility of contract terms being fulfilled.
Study Unit 23 - correct answer -Details on terms and conditions in contracts.
Ticket Cases - correct answer -Legal cases involving ticket sales and disputes.
Interpretation - correct answer -Understanding the meaning of legal texts.
Breach of Contract - correct answer -Failure to perform contractual obligations.
Repudiation - correct answer -Refusal to fulfill contractual duties.
Prevention of Performance - correct answer -Obstacles preventing contract execution.
Remedies for Breach - correct answer -Legal solutions for contract violations.
Exceptio Non Adimpleti Contractus - correct answer -Defense against performance due to non-
fulfillment.
Rescission - correct answer -Cancellation of a contract.
Damages - correct answer -Monetary compensation for loss or injury.
Penalty Clauses - correct answer -Contractual stipulations imposing penalties for breach.
Exceptio Doli - correct answer -Defense against claims based on bad faith.
Cession - correct answer -Transfer of rights or claims to another party.
