1. T/F Any common law doctrine can be modified by a legislative act. 2. T/F A Pr

ID: 1100245 • Letter: 1

Question

1. T/F Any common law doctrine can be modified by a legislative act.

2. T/F A Professional Code of Ethics embodies the views of the profession, regarding the implied

social contract between its members on the one hand, and the larger society on the other.

3. T/F A condition subsequent in a contract, is an event which must occur before there is a duty to

perform.

4. T/F To be in privity of contract means to be a witness at the signing of the contract.

5. T/F An Express Contract is one in which the terms are not clearly stated and have to be established through inference and deduction.

6. T/F Specific performance is an order by the court prohibiting a party from doing a particular act.

7. T/F Liquidated damages is the money the owner pays to contractor for delaying the project

8. T/F In a unit price contract, the contractor is expected to produce the project as designed for a fixed

sum.

9. T/F A builder

1.True

2.True

3.False

4.True

5.False

6.False

7.True

8.True

9.False

10.True

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