- Question 11 1 Mark One Of The Parties Is In Position To Dominate The Will Of Another To Obtain Unfair Advantages Over 1 (117.5 KiB) Viewed 14 times
QUESTION 11 (1 mark) "One of the parties is in position to dominate the will of another to obtain unfair advantages over the other CHOOSE the best answer that suit to the above statement. A. Mistake as to law B. Misrepresentation C. Undue influence D. Physical coercian QUESTION 12 (1 mark) Fraud is an act done: i. With intention to deceive ii. To induce a party to enter into a contract iii. Intentionally iv. Which involves criminal activities Choose the most accurate statement. A. i, ii, & iv only B. i, ii & iii only C. i, ii & iv only D. i, iii, & v QUESTION 13 (1 mark) i. Destruction of subject matter of contract. ii. Supervening event which defeats the whole purpose or object of the contract iii. Death of or personal incapacity iv. Supervening illegality Based on the above statement, discharge of contract by way of frustration can be occured on several situations as follows: A. All the above B. i, iii, & iv C. i, ii & iii only D. i, ii & iv anly QUESTION 14 (1 mark) Discharge of contract can be done by the following ways EXCEPT: A. Frustration B. Unilateral Agreement C. Performance D. Breach QUESTION 15 (1 mark) "An award of damages which is intended to panalise the defendent for his breach. The plaintiff will be awarded more than his actual financial loss Which statement is TRUE for the above explaination of damages: A. Substantial damages B. Physical damages C. Nominal damages D. Exemplary damages QUESTION 16 (1 mark) These are remedies provided by law for breach o contract EXCEPT: A. Specific Relief B. Quantum Meruit C. Specific Performance D. Damages QUESTION 17 (1 mark) Which one is FALSE statement: A. Interlocutory Injunction - used to a party to change the status quo of the subject matter in pending suit B. Mandatory Injunction - a court order requiring something to be done C. Prohibitory Injunction - restraining order, stopping something from being done D. Injunction - a writ granted by a court of equity whereby one is required to do or refrain doing specific act QUESTION 18 (1 mark) Minors can enter into valid contracts if they concern the following types contracts EXCEPT: A. Necessaries B. Hire purchase motor vehicle C. Scholarship D. Insurance QUESTION 15 (1 mark) "An award of damages which is intended to panalise the defendent for his breach. The plaintiff will be awarded more than his actual financial loss Which statement is TRUE for the above explaination of damages: A. Substantial damages B. Physical damages C. Nominal damages D. Exemplary damages QUESTION 16 (1 mark) These are remedies provided by law for breach of contract EXCEPT: A Specific Relief B. Quantum Meruit C. Specific Performance D. Damages QUESTION 17 (1 mark) Which one is FALSE statement A. Interlocutory Injunction - used to a party to change the status quo of the subject matter in pending suit B. Mandatory Injunction - a court order requiring something to be done C. Prohibitory Injunction-restraining order, stopping something from being done D. Injunction a writ granted by a court of equity whereby one is required to do or refrain doing specific act QUESTION 18 (1 mark) Minors can enter into valid contracts if they concem the following types of contracts EXCEPT: A. Necessaries B. Hire purchase motor vehicle C. Scholarship D. Insurance QUESTION 19 (1 mark) Amanda is a popular singer. She promised to perform at a concert organised by Jolow. However, she could not perform due to a bad sore throat Jolow claimed that Amanda had breached the contract. Based on the above situation, the contract between Jolow and Amanda can be discharged by way of: A. Performance B. Frustration C. Agreeement D. Breach QUESTION 20 (1 mark) To whom would damages be granted: A. To the party who has broken the contract B. To the defaulted party C. To an innocent party as compensation for his or her loss due to a breach of contract D. To a third party PART B: SHORT ANSWER Answer ALL question