Danielle buys a car from Aaron. Not long after, she receives an proposal from Brian, who is interested in buying the car but his budget is very constraint. Then, Brian decides to sign a hire purchase agreement with Danielle which lasts 4 years. Brian lives very far from Danielle, so he hires Charlie to deliver the car to his place. During the transport, Charlie has an accident and the car is written off. At the time of accident, who has the title of the car?
A. Brian
B. Aaron
C. Danielle
D. Charlie
正解:C
解説: (Pass4Test メンバーにのみ表示されます)
質問 2:
Information assurance protects information systems and...?
A. Hard copy
B. People
C. Inventory
D. Computers
正解:D
解説: (Pass4Test メンバーにのみ表示されます)
質問 3:
GPP, the employer, and Prosolia UK, the contractor, entered into five EPC contracts for the development of five different solar power generation plants in the United Kingdom. Four out of the five developments failed to be commissioned by the relevant due dates, with the delays ranging from 44 to 285 days.
Among other claims, GPP, acting through its two investment vehicles, claimed liquidated damages of £500 per day in all four contracts for Prosolia UK's failure to achieve completion of the plants by the due date. The liquidated damages claimed amounted to £1,804,221 across the four delayed contracts.
Prosolia, alongside various other defences, raised the defence that the liquidated damages provision in each contract was a penalty, and therefore unenforceable against it. Is Prosolia contractually obliged to make the payment to the plaintiff?
A. No, the amount claimed is too excessive and it may put Prosolia into insolvency. The clause must be void
B. Yes, the amount is a reward to the employer as they have supervised and monitored the projects
C. Yes, the clause is a genuine estimate of possible losses that GPP may have suffered and therefore, it is enforceable.
D. No, the clause must be treated as a penalty clause which is unenforceable in UK
正解:C
解説: (Pass4Test メンバーにのみ表示されます)
質問 4:
Which of the following is most likely to be an one-off contract?
A. Contract for construction of a power plant
B. Commercial lease agreement of an office building
C. Franchise Agreement
D. Framework Agreement for supply of mono-crystalline silicon
正解:A
解説: (Pass4Test メンバーにのみ表示されます)
質問 5:
Which of the following is the set of principles that enables courts to determine exactly what the written contract says and what that must mean, then the court will uphold that?
A. Unfair Contract Act 1977
B. Rules of contract formation
C. Rules of interpretation
D. Order of precedence
正解:C
解説: (Pass4Test メンバーにのみ表示されます)
質問 6:
Which of the following should be taken to avoid the conflicts between orally negotiated terms before the conclusion of contract and the final written contract?
A. Embedding a term excluding all prior oral discussions that are not mentioned in the final written contract
B. Prevailing orally negotiated terms over the final written contract
C. Finding signs of misrepresentation of the other contracting party
D. Avoiding long negotiation
正解:A
解説: (Pass4Test メンバーにのみ表示されます)
質問 7:
Which of the following indicates the ratio between profit and costs?
A. Gearing
B. Liquidity
C. Mark-up
D. Margin
正解:C
解説: (Pass4Test メンバーにのみ表示されます)
質問 8:
Which of the following statements is FALSE on contracts for the leasing of assets?
A. The party responsible for maintenance, insurance and taxes is subject to negotiation
B. The lessee may bear some risks of ownership, such as the liability to insure the asset
C. In lease agreement, the possession and right of use of an asset are transferred to the lessee
D. The ownership of leased asset is transferred to the lessee at the end of the period
正解:D
解説: (Pass4Test メンバーにのみ表示されます)
小川** -
L4M3試験を合格しました。よかったんです。
引き続き問題集を購入していきたいと思います。
今後ともよろしくお願いします。