* not completed

. In relation to contracts with minors, which of the following is NOT a voidable contract?

Leasing property correct incorrect

Contracts involving the sale of shares correct incorrect

Contracts of partnership correct incorrect

If the contract is for the benefit of the minor, and does not place unfair responsibility on him/her. correct incorrect

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. Which of the following is NOT a type of mistake in contract law?

Frustrated mistake correct incorrect

Common mistake correct incorrect

Mutual mistake correct incorrect

Unilateral mistake correct incorrect

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. Which of the following elements is incorrect in establishing an actionable misrepresentation?

A statement of material fact that induces the other party into the contract correct incorrect

A false representation correct incorrect

The innocent party did or did not believe the statement to be true correct incorrect

The representation induced the party into the contract correct incorrect

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. Which of the following is NOT a type of misrepresentation?

Fraudulent misrepresentation correct incorrect

Innocent misrepresentation correct incorrect

Criminal misrepresentation correct incorrect

Negligent misrepresentation correct incorrect

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. At common law, duress makes the contract:

Voidable correct incorrect

Void correct incorrect

Illegal correct incorrect

A valid contract that binds both parties correct incorrect

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. Where undue influence has been used to form the contract, the effect is that the contract is:

Void correct incorrect

A valid contract that binds both parties correct incorrect

Illegal correct incorrect

Voidable correct incorrect

* not completed

. The case of Nottingham Patent Brick & Tile Co Ltd v Butler [1886] established which point of law?

A contract may be rescinded due to common mistake where the contract is valid and enforceable correct incorrect

A fiduciary relationship may be presumed between a husband and wife correct incorrect

A true statement, but one that misleads the other party may amount to a misrepresentation correct incorrect

The use of illegitimate pressure may establish economic duress correct incorrect

* not completed

. When a contract has been agreed on the basis of a fraudulent misrepresentation, which of the following remedies is/are available?

Both damages and rescission correct incorrect

Damages only correct incorrect

An injunction only correct incorrect

Rescission only correct incorrect

* not completed

. How is economic duress evidenced in the agreement to a contract:
i) Evidence of a bad bargain.
ii) Illegitimate pressure.
iii) A false statement that has induced the other party into the contract.
iv) There was no other option for the claimant than to accept the contract.

All of the elements above correct incorrect

ii and iv correct incorrect

i and iii correct incorrect

ii and iii correct incorrect