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ACE Personal Trainer Chapter 18 Practice Questions and Answers
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ACE Personal Trainer Chapter 18 Practice Questions and Answers
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©PREP4EXAMS@2024/2025 REAL EXAM DUMPS Monday@ August 5@ 2024 6@07 PMACE Personal Trainer Chapter 18 Practice
Questions and Answers
Personal Trainers are often left without... - Answer✔️✔️-insurance coverage or
health benefits
Necessary components for a binding contract - Answer✔️✔️-Offer and acceptance
with a mutual agreement on terms
Necessary components for a binding contract - Answer✔️✔️-Consideration. An
exchange of valuable items such as money for services
Necessary components for a binding contract - Answer✔️✔️-Legality. acceptable
form under the law
Necessary components for a binding contract - Answer✔️✔️-Ability of parties to
enter into a contract with respect to legal age and mental capacity
What can arise from a misunderstanding or injury from an oral contract -
Answer✔️✔️-some of the same as a written contract. they can still be enforceable
under law
, ©PREP4EXAMS@2024/2025 REAL EXAM DUMPS Monday@ August 5@ 2024 6@07 PM
Things to incorporate into a contract - Answer✔️✔️-Identification of parties
Description of services
Specification of compensation
Confidential Relationship
Business or employment status
Term and termination defining length of contract
Three types of business structures available - Answer✔️✔️-sole proprietorship,
partnership, corporation
What is the owner responsible for in a sole proprietorship? - Answer✔️✔️-liabilities,
court awards, or damages incurred by the business
What do limited partners risk in a partnership? - Answer✔️✔️-only their original
investments
What are general partners responsible for in a partnership? - Answer✔️✔️-liability.
They are personally liable
How to save money on legal fees when starting a corporation? - Answer✔️✔️-Call a
friendly and knowledgeable sales clerk
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