Interpretation of Contracts in Private and Contract Law
18 Questions
3 Views

Choose a study mode

Play Quiz
Study Flashcards
Spaced Repetition
Chat to Lesson

Podcast

Play an AI-generated podcast conversation about this lesson

Questions and Answers

What is necessary to check in order to determine if a contract is valid?

  • The number of pages in the contract
  • Font size used in the contract
  • Capacity to contract of the parties (correct)
  • Color of the contract paper

Which of the following is an example of a unilateral contract?

  • An agreement involving multiple parties
  • A contract between two parties
  • A shareholders' resolution
  • The appointment of an agent (correct)

In the context of contract formation, what is necessary for offer and acceptance to be valid?

  • Matching price, object, and other details (correct)
  • Matching shoe sizes of the parties
  • Matching hair lengths of the parties
  • Matching colors in the contract

Which factor is crucial when considering the substantive validity of a contract?

<p>The consent of the parties involved (B)</p> Signup and view all the answers

What is a requirement for a last will to be considered valid?

<p>Meeting certain form requirements (B)</p> Signup and view all the answers

Which factor ensures that the content of a contract is in line with the legal order?

<p>&quot;This contract cannot be terminated&quot; clause in the contract (D)</p> Signup and view all the answers

What is the role of the creditor in a contract?

<p>Receiving a performance from the debtor (C)</p> Signup and view all the answers

Which principle allows individuals to decide about the content of a contract?

<p>Freedom of contract (B)</p> Signup and view all the answers

What is an example of a contract with certain legal requirements mentioned in the text?

<p>Marriage (B)</p> Signup and view all the answers

In the context of job or housing, what aspects should not lead to discrimination according to the text?

<p>Age, gender, ethnicity, sexual orientation, religion (D)</p> Signup and view all the answers

Which fundamental principle ensures individuals are free to decide with whom they enter into a contractual relationship?

<p>Freedom of contract (B)</p> Signup and view all the answers

What is needed for the formation of contracts according to the text?

<p>Offer and acceptance matching each other (A)</p> Signup and view all the answers

At what age are minors between 7 and 14 years old able to conclude contracts?

<p>10 years old (B)</p> Signup and view all the answers

What is the age range for persons with the capacity to be held liable in tort?

<p>14 and above (A)</p> Signup and view all the answers

What is the legal definition of a judicial person according to the text?

<p>Legal entities of public law (B)</p> Signup and view all the answers

In the context of the law of obligations, who is considered the debtor when selling a car?

<p>Seller (A)</p> Signup and view all the answers

What is the fundamental difference between natural persons and judicial persons?

<p>Natural persons are human beings, while judicial persons are legal entities. (A)</p> Signup and view all the answers

What is the age requirement for minors to have the capacity to contract according to the text?

<p>Between 7 and 14 years old (A)</p> Signup and view all the answers

Flashcards

Valid Contract Capacity

The ability of parties to enter into a contract legally.

Unilateral Contract Example

A contract where one party makes a promise in exchange for another party's action.

Valid Offer & Acceptance

Offer and acceptance must match on price, object, and other details to be valid.

Substantive Validity

The content of the contract must be fair and agreed upon by both parties.

Signup and view all the flashcards

Valid Will Requirements

A will must follow specific legal forms to be considered valid.

Signup and view all the flashcards

Legal Order in Contract

A contract must uphold and comply with the law.

Signup and view all the flashcards

Creditor's Role

The party who receives performance from the other in a contract.

Signup and view all the flashcards

Freedom of Contract

The ability of parties to choose the terms of their contracts.

Signup and view all the flashcards

Contract with Legal Requirements

Contracts like marriage have special legal requirements.

Signup and view all the flashcards

Nondiscrimination Contract

Contracts involving jobs or housing should not discriminate against protected groups.

Signup and view all the flashcards

Contract Formation Needs

A contract's formation requires an offer and matching acceptance.

Signup and view all the flashcards

Minor's Contract Capacity

Minors generally lack the full ability to contract.

Signup and view all the flashcards

Liability in Tort Age

Individuals aged 14 and above are liable for their actions in tort.

Signup and view all the flashcards

Judicial Person Definition

Legal entities such as corporations or governments recognised by law.

Signup and view all the flashcards

Debtor in Car Sale

The seller in a car sale is typically the debtor.

Signup and view all the flashcards

Natural vs. Judicial Person

Natural persons are humans; judicial persons are legal entities.

Signup and view all the flashcards

Minors Contract Age Limit

Minors 7 to 14 are not fully capable of contracting.

Signup and view all the flashcards

More Like This

Use Quizgecko on...
Browser
Browser