Question 4    A ruling in a tort case that is designed to compensate a plaintiff for their loss is known as:   Punitive   Locked Out   Locked In   Compensatory

All contracts should be made in writing (True or False) (Justify with example or explanation)

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(a) Covid-19 has struck businesses resulting in many companies undergoing either financial difficulties or delays in providing services. Crystal Ltd is a construction company that was unable to complete it's project on time due to the frequent movement restrictions imposed by the government. Their customers would like to sue them in court, but Crystal Ltd is trying to persuade them settle the matter using the alternative dispute resolution method instead. Illustrate the following to convince the customers that considering alternative dispute resolution to resolve conflict is indeed a good strategy. (i) The of alternative dispute resolution that exist and exact type that would be most types suitable to address this matter. (ii) Atleast five (5) advantages of using alternative dispute resolution in comparison to the court process. (b) Identify a country of choice and briefly compare that country's court structure to that of the Malaysian Court structure.

The UCC has replaced the common law concept1 The UCC has replaced the common law concept of title in part with the concept of risk of loss.2. True or False: If goods or tender of delivery fail in any respect to confirm to a contract, the buyer or lessee loses the right to accept the goods.3. True or False: If a lessee is insolvent, a lessor can stop a carrier or bailee from delivering the goods regardless of the quantity shipped.4. City Cab Company and Dave’s Autos enter into a contract for a sale of motor vehicles. City assures Dave’s that it has valid title to the vehicles. Under the UCC, warranties of title arises:a. Automatically in most sales contracts.b. Only if the buyer asks for such a warranty.c. Only if the seller expresses such a warranty.d. Only in conjunction with lease contracts, not sales contracts.5. Concrete Products, Inc., assures Deepwater Construction Company (DCC) that Concrete’s cement will not crack within a…

Which of the following remedies may be provided for in a contract? Question 6Answer a. liquidated damages, deposits, down payments b. rescission, specific performance, injunction c. all of the above d. none of the above

What is an accord? Multiple Choice O O O O A promise to perform a new duty Actual performance of a new duty An agreement to cancel the original contract A promise to perform the original duty under the contract

Question 10 Which of the following need NOT be contained in a memorandum, which is subject to the general statute of frauds (non-UCC) writing requirement? Select one: O a. O b. The identity of the parties to the contract. The subject matter of the unperformed promises. The signature of the party being sued. Oc. Od. The signature of the party suing.

29 of 75 If a buyer does not make inspections during the inspection period, the standard purchase and sale agreement automatically extends the inspection period unless the seller objects. requires the buyer to accept the property "as is." requires the seller to have the inspections performed at the buyer's expense. states that the closing date will be postponed subject to negotiation.

Each party may terminate the work relationship for any reason and at any time in a(n). Non-fixed term contract Fixed-term contract At-will contract Written contract