Question

True or False

The practice of engineering is regulated by the federal government  

Some forms of hearsay evidence are admissible.

A voidable contract is not a contract.

If there is unjust enrichment involved in a contract with a corporation the courts may establish a quasi-contract to effect a remedy.

The corporate veil affords complete protection for stockholders.

The offeror has the right to revoke the offer at any time

A false representation of a material fact is all that is needed to prove fraud

In general any preexisting duty is also sufficient consideration to support a contract.

Answer 1

1)..The practice of engineering is regulated by the federal government

This statement is TRUE.. for encouraging public welfare, quality and status of life..etc.. practice engineering is established by various jurisdiction.

2)..Some forms of hearsay evidence are admissible.

This statement is FALSE.. hearsay evidences are not admissible in court. This law is formulated in order to avoid gossip.. unless a statue or rule provides.. aur running exceptional cases.. hearsay may be admissible.

3)..A voidable contract is not a contract.

This statement is FALSE . Voidable contract is a valid contract. But void contracts are invalid contracts.

4)..If there is unjust enrichment involved in a contract with a corporation the courts may establish a quasi-contract to effect a remedy.

This statement is TRUE, court may establish a Quasi contract.. in order to prevent the animation circumstances of misusing the properties.

5)..The corporate veil affords complete protection for stockholders.

This statement is TRUE..,that the legal concept of corporate veil protects the shareholders.. being responsible for the corporate depts.. and other agreements. This is not impenetrable protection.

6)..The offeror has the right to revoke the offer at any time

This statement is FALSE.. while doing open contracts.. an offerer can't revoke his offer until a specific period of time.

7)..A false representation of a material fact is all that is needed to prove fraud

This statement is TRUE ... False representation of a material fact.. which harm others knowingly prove the fraud..

8).In general any preexisting duty is also sufficient consideration to support a contract.

This statement is TRUE .. pre existing duties are also sufficient consideration to support a contract.

THANKYOU SIR/MADAM..Hope this helped you..