PVL3702 Exam Pack
Overview and Key Legal
Concepts
-with correct answers
2024
,Law of Contract - CORRECT ANSWERS-Legal framework governing agreements
between parties.
Study Unit 20 - CORRECT ANSWERS-Focus on possibility of contract terms being
fulfilled.
Study Unit 23 - CORRECT ANSWERS-Details on terms and conditions in contracts.
Ticket Cases - CORRECT ANSWERS-Legal cases involving ticket sales and disputes.
Interpretation - CORRECT ANSWERS-Understanding the meaning of legal texts.
Breach of Contract - CORRECT ANSWERS-Failure to perform contractual obligations.
Repudiation - CORRECT ANSWERS-Refusal to fulfill contractual duties.
Prevention of Performance - CORRECT ANSWERS-Obstacles preventing contract
execution.
Remedies for Breach - CORRECT ANSWERS-Legal solutions for contract violations.
Exceptio Non Adimpleti Contractus - CORRECT ANSWERS-Defense against
performance due to non-fulfillment.
Rescission - CORRECT ANSWERS-Cancellation of a contract.
Damages - CORRECT ANSWERS-Monetary compensation for loss or injury.
Penalty Clauses - CORRECT ANSWERS-Contractual stipulations imposing penalties
for breach.
, Exceptio Doli - CORRECT ANSWERS-Defense against claims based on bad faith.
Cession - CORRECT ANSWERS-Transfer of rights or claims to another party.
Termination of Obligations - CORRECT ANSWERS-Ending of contractual duties.
Will Theory - CORRECT ANSWERS-Contract law principle focusing on mutual consent.
Estoppel - CORRECT ANSWERS-Prevention of a party from contradicting previous
statements.
Quasi-Mutual Assent - CORRECT ANSWERS-Implied agreement based on
circumstances.
Material Mistake - CORRECT ANSWERS-Significant error affecting contract validity.
Subjective Approach - CORRECT ANSWERS-Court's focus on individual party
intentions.
Legal Texts - CORRECT ANSWERS-Documents containing laws or regulations.
Contractual Obligations - CORRECT ANSWERS-Duties imposed by a contract.
Identity of Parties - CORRECT ANSWERS-Recognition of individuals involved in a
contract.
Material Aspects - CORRECT ANSWERS-Key elements of a contractual agreement.
Legal Solutions - CORRECT ANSWERS-Judicial remedies for legal disputes.
Overview and Key Legal
Concepts
-with correct answers
2024
,Law of Contract - CORRECT ANSWERS-Legal framework governing agreements
between parties.
Study Unit 20 - CORRECT ANSWERS-Focus on possibility of contract terms being
fulfilled.
Study Unit 23 - CORRECT ANSWERS-Details on terms and conditions in contracts.
Ticket Cases - CORRECT ANSWERS-Legal cases involving ticket sales and disputes.
Interpretation - CORRECT ANSWERS-Understanding the meaning of legal texts.
Breach of Contract - CORRECT ANSWERS-Failure to perform contractual obligations.
Repudiation - CORRECT ANSWERS-Refusal to fulfill contractual duties.
Prevention of Performance - CORRECT ANSWERS-Obstacles preventing contract
execution.
Remedies for Breach - CORRECT ANSWERS-Legal solutions for contract violations.
Exceptio Non Adimpleti Contractus - CORRECT ANSWERS-Defense against
performance due to non-fulfillment.
Rescission - CORRECT ANSWERS-Cancellation of a contract.
Damages - CORRECT ANSWERS-Monetary compensation for loss or injury.
Penalty Clauses - CORRECT ANSWERS-Contractual stipulations imposing penalties
for breach.
, Exceptio Doli - CORRECT ANSWERS-Defense against claims based on bad faith.
Cession - CORRECT ANSWERS-Transfer of rights or claims to another party.
Termination of Obligations - CORRECT ANSWERS-Ending of contractual duties.
Will Theory - CORRECT ANSWERS-Contract law principle focusing on mutual consent.
Estoppel - CORRECT ANSWERS-Prevention of a party from contradicting previous
statements.
Quasi-Mutual Assent - CORRECT ANSWERS-Implied agreement based on
circumstances.
Material Mistake - CORRECT ANSWERS-Significant error affecting contract validity.
Subjective Approach - CORRECT ANSWERS-Court's focus on individual party
intentions.
Legal Texts - CORRECT ANSWERS-Documents containing laws or regulations.
Contractual Obligations - CORRECT ANSWERS-Duties imposed by a contract.
Identity of Parties - CORRECT ANSWERS-Recognition of individuals involved in a
contract.
Material Aspects - CORRECT ANSWERS-Key elements of a contractual agreement.
Legal Solutions - CORRECT ANSWERS-Judicial remedies for legal disputes.
