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EXAMS TO CONTRACT OF LAW (TOPTAKEN)
VARIETIES OF EXAMS WITH BOTH QUESTION AND CORRECT ACCURATE ANSWERS
[Show more]VARIETIES OF EXAMS WITH BOTH QUESTION AND CORRECT ACCURATE ANSWERS
[Show more]CHAPTER 1: INTRODUCTION TO CONTRACT LAW 
2024 EDITION 
3 Functions of Contract Law - CORRECT ANSWER - -Maintain incentives for indivs to exchange 
goods/services 
-Reduces costs of economic transactions 
-Alerts parties to past troubles, plan transactions more intelligently and avoid pitfalls 
ALI...
Preview 1 out of 3 pages
Add to cartCHAPTER 1: INTRODUCTION TO CONTRACT LAW 
2024 EDITION 
3 Functions of Contract Law - CORRECT ANSWER - -Maintain incentives for indivs to exchange 
goods/services 
-Reduces costs of economic transactions 
-Alerts parties to past troubles, plan transactions more intelligently and avoid pitfalls 
ALI...
Law of Contracts Terms Definition 
Exam 1 
offer - CORRECT ANSWER - A proposal by one party to another intended to create a legally binding 
agreement. Terms of offer must be clear, definite and certain 
acceptance - CORRECT ANSWER - words signifying consent to the terms of an offer (thereby 
cre...
Preview 2 out of 6 pages
Add to cartLaw of Contracts Terms Definition 
Exam 1 
offer - CORRECT ANSWER - A proposal by one party to another intended to create a legally binding 
agreement. Terms of offer must be clear, definite and certain 
acceptance - CORRECT ANSWER - words signifying consent to the terms of an offer (thereby 
cre...
LAW OF CONTRACT 
SIMPLIFIED FINAL EXAM 2024 
This generally refers to a governmental entity's legal authority to force a private landowner to sell 
his or her real property for public use. 
A) Condemnation 
B) Taxation 
C) Police power 
D) Eminent domain - CORRECT ANSWER - D) Eminent domain 
Prece...
Preview 2 out of 15 pages
Add to cartLAW OF CONTRACT 
SIMPLIFIED FINAL EXAM 2024 
This generally refers to a governmental entity's legal authority to force a private landowner to sell 
his or her real property for public use. 
A) Condemnation 
B) Taxation 
C) Police power 
D) Eminent domain - CORRECT ANSWER - D) Eminent domain 
Prece...
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