Podcast
Questions and Answers
What is a fundamental requirement for an agreement to be considered a contract?
What is a fundamental requirement for an agreement to be considered a contract?
- It must be signed by a lawyer
- It must be in writing
- It must be witnessed by two people
- It must be freely entered into (correct)
What does the Latin legal maxim 'consensus ad idem' translate to in English?
What does the Latin legal maxim 'consensus ad idem' translate to in English?
- A binding contract
- A meeting of the minds (correct)
- A verbal agreement
- An agreement in principle
What is excluded from the definition of 'persons' in contract law?
What is excluded from the definition of 'persons' in contract law?
- Human beings
- Artificial entities
- Minors
- Non-human species (correct)
What is an example of a positive duty in a contractual obligation?
What is an example of a positive duty in a contractual obligation?
What is a characteristic of a contractual right?
What is a characteristic of a contractual right?
What is a requirement for a contract to be enforceable?
What is a requirement for a contract to be enforceable?
What is an example of a domestic agreement that is not enforceable as a contract?
What is an example of a domestic agreement that is not enforceable as a contract?
What is implied by the phrase 'freely entered into agreement' in the context of contract law?
What is implied by the phrase 'freely entered into agreement' in the context of contract law?
Why is a horse excluded from the definition of 'persons' in contract law?
Why is a horse excluded from the definition of 'persons' in contract law?
What is the primary distinction between a 'right' and an 'obligation' in a contract?
What is the primary distinction between a 'right' and an 'obligation' in a contract?
Why is a social agreement not considered a contract?
Why is a social agreement not considered a contract?
What is the purpose of the concept of 'consensus ad idem' in contract law?
What is the purpose of the concept of 'consensus ad idem' in contract law?
What is the implication of a contract being 'enforceable in a court'?
What is the implication of a contract being 'enforceable in a court'?
Why is a contract not considered a contract if it is not enforceable in a court?
Why is a contract not considered a contract if it is not enforceable in a court?
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