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Questions and Answers
What describes a legally binding agreement that follows a specific legal form or procedure?
What describes a legally binding agreement that follows a specific legal form or procedure?
- Express Contract
- Implied Contract
- Informal Contract
- Formal Contract (correct)
Which type of contract is formed by the actions or conduct of the parties, without being explicitly stated?
Which type of contract is formed by the actions or conduct of the parties, without being explicitly stated?
- Void Contract
- Rescissible Contract
- Implied Contract (correct)
- Express Contract
What is the term for a contract that is valid but may be voided by one party under certain conditions?
What is the term for a contract that is valid but may be voided by one party under certain conditions?
- Voidable Contract (correct)
- Void Contract
- Informal Contract
- Unenforceable Contract
What kind of law focuses on punishing offenses against the state or society?
What kind of law focuses on punishing offenses against the state or society?
Which term refers to the theory or philosophy of law, including legal precedents?
Which term refers to the theory or philosophy of law, including legal precedents?
Which contract is considered to have no legal effect from the beginning?
Which contract is considered to have no legal effect from the beginning?
What is the role of the judiciary in government?
What is the role of the judiciary in government?
Which branch of law is specifically related to the implementation and enforcement of rules by governmental agencies?
Which branch of law is specifically related to the implementation and enforcement of rules by governmental agencies?
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Study Notes
Contracts
- Right: An entitlement to have or do something, either legally or morally.
- Contract: A legally binding agreement between two or more parties.
- Formal Contract: Follows specific legal forms and procedures.
- Informal Contract: Not bound by specific forms but still legally binding.
- Express Contract: Terms are clearly stated, either orally or written.
- Implied Contract: Formed by the actions and conduct of parties, not explicitly stated.
- Breach of Contract: Failure to fulfill the terms of a contract by one or more parties.
- Lucid Interval: A period when a person with a mental disorder regains their ability to think clearly.
- NLRC (National Labor Relations Commission): Resolves labor disputes.
- Voidable/Annullable Contract: A valid contract that can be voided by a party under specific conditions.
- Void/Inexistence Contract: A contract with no legal effect from the start.
- Unenforceable Contract: A valid contract that cannot be enforced due to legal defenses.
- Rescissible Contract: A valid contract that can be canceled due to specific circumstances.
Law & Legal Systems
- Law: A system of rules created and enforced by a governing body.
- Constitution: A fundamental set of laws defining the structure and powers of a government.
- Legislature: The branch of government responsible for creating laws.
- Judiciary: The branch of government responsible for interpreting and applying laws.
- Administrative: Relates to the implementation and enforcement of laws by government agencies.
Types of Law
- Civil Law: Focuses on resolving disputes between individuals or organizations.
- Criminal Law: Focuses on punishing offenses against the state or society.
- Administrative Law: Governs the activities of administrative agencies.
Elements Relating to Law
- Obligation: A legal duty to perform or refrain from performing an action.
- Jurisprudence:
- The theory or philosophy of law.
- Also, case law or legal precedent (previous rulings that serve as guides).
- Public Law: Deals with the relationship between government and individuals.
- Private Law: Deals with relationships between private individuals.
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