Common law is the primary source of the law of contracts

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Reference no: EM132201848

1. In civil litigation, due process rules ensure that the court has jurisdiction over the parties, the defendants have notice of the lawsuit and claims, and the parties have an equal opportunity to present evidence and argument to a neutral decision maker.

True

False

2. The role of Congress is to interpret what the Constitution means.

False

True

3. Every promise is a contract.

True

False

4. Common law is the primary source of the law of contracts.

False

True

5. In determining intent, courts generally use a subjective test; i.e., “What did the person actually mean by certain expressions”?

False

True

6. An offer can not be terminated simply by revocation.

True

False

7. Contracts entered into on the basis of innocent misrepresentation are usually not voidable.

True

False

8. The law recognizes all parties as having equal legal capacity to enter into contracts.

True

False

9. Minors can refuse to carry out their part of an agreement while, at the same time, requiring the adult party to perform.

False

True

10. If the parties to an illegal contract are unaware of its illegality, the contract is enforceable.

False

True

Reference no: EM132201848

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