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Questions and Answers
What is the consequence of an offer not being accepted in the negotiation stage?
What is the consequence of an offer not being accepted in the negotiation stage?
- The contract is consummated.
- The contract is perfected.
- The existence of consent is established.
- The existence of consent is precluded. (correct)
What is the primary requirement for establishing the existence of a valid contract in tort interference?
What is the primary requirement for establishing the existence of a valid contract in tort interference?
- The contract must be in writing.
- The contract must be duly established. (correct)
- The contract must be legally justified.
- The contract must be consummated.
At which stage of the contract do the parties fulfill or perform the terms agreed upon?
At which stage of the contract do the parties fulfill or perform the terms agreed upon?
- Preparation or Negotiation
- Perfection or birth of the contract
- Consummation of the contract (correct)
- Tort interference
At which stage of the contract does the negotiation formally begin?
At which stage of the contract does the negotiation formally begin?
What is the third element of tort interference?
What is the third element of tort interference?
What is the outcome of the consummation of the contract?
What is the outcome of the consummation of the contract?
What is the basis for the parties' obligations beyond the express stipulations in a contract?
What is the basis for the parties' obligations beyond the express stipulations in a contract?
What is the primary distinction between consensual contracts and real contracts?
What is the primary distinction between consensual contracts and real contracts?
What is the consequence of a contract being perfected by mere consent?
What is the consequence of a contract being perfected by mere consent?
Which of the following contracts is an example of a real contract?
Which of the following contracts is an example of a real contract?
What is the role of good faith in the interpretation of a contract?
What is the role of good faith in the interpretation of a contract?
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