1/11/2019 Quiz 006

Question 1 In a contract where both parties are incapable of giving consent, express or implied ratification by the parent, or guardian, as
Not yet the case may be, of one of the contracting parties shall give the contract the same effect as if only one of them were
answered
incapacitated.
Marked out of
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Select one:
a. TRUE

b. FALSE

Question 2 A contract which is the direct result of a previous illegal contract is also void and inexistent.
Not yet
answered
Select one:
Marked out of
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a. TRUE

b. FALSE

Question 3 Those contracts whose cause, object or purpose is contrary to law, morals, good customs, public order, or public policy.
Not yet
answered
Select one:
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a. Voidable

b. Reformation
c. Rescissible

d. Inexistent

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1/11/2019 Quiz 006
Question 4 When the law sets, or authorizes the setting of a minimum wage for laborers, and a contract is agreed upon by which a
Not yet laborer accepts a lower wage, he shall be entitled to recover the deficiency.
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Marked out of Select one:

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a. FALSE

b. TRUE

Question 5 The following are characteristics of unenforceable contracts, except:

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answered
Select one:
Marked out of
a. They produce legal effects unless set aside by a competent court.
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b. They are susceptible of ratification
c. They cannot be enforced by a proper action incourt

d. They cannot be assailed by third persons

Question 6 The following are characteristics of void contracts, except:

Not yet
answered
Select one:
Marked out of
a. Defects on their effects
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b. Produces no effect
c. Void from the beginning

d. Cannot be confirmed or validated

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1/11/2019 Quiz 006
Question 7 Under Void contracts, when the act is unlawful and constitutes a criminal offense and both parties are
Not yet guilty,_________________________.
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Marked out of Select one:

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a. both parties will be free from prosecution

b. All of the choices

c. both can file an action in courts

d. both parties will be prosecuted.

Question 8 ____________________ are descriptive of statutes which requires certain classes of contracts to be in writing. Merely
Not yet regulates the formalities of the contract necessary to render it enforceable.
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Marked out of Select one:

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a. Governing rules in unauthorized contracts
b. Statute of Frauds

c. Written memorandum/note

d. Purpose of Statutes

Question 9 Those contracts that are expressly prohibited or declared void by law are unenforceable.
Not yet
answered
Select one:
Marked out of
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a. TRUE
b. FALSE

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Question 10 ___________________________means both are at fault.
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answered
Select one:
Marked out of
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a. None of the choices

b. pari delicto

c. Illegal per se
d. fraud

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