Question

1. Which of the following may be unintentional?

a) Fraud b) Negligence c) forgery of a signature on a contract d) Misrepresentation

2. Which of the following is not required for a contract to be legally binding?

a) the contract must be voluntary

b)signing of the contract must be notarized by a notary public or a lawyer

c) the terms of the contract must be legal

d) the contract offer must have acceptance

e) some form of payment must be involved

3. A primary advantage of a corporation over a sole proprietorship or a partnership?

a) it is much simpler to start a corporation than to start a partnership or a sole proprietorship

b) corporations are more profitable than sole proprietorship and partnerships

c) in a corporation, the owners have limited liability

d) taxes are typically lower for corporations

4. A prime is another term for:

a) a lead engineer b) a general contractor c) an agent d) an owner

Answer 1

Question (1): Which is unintentional - a) Fraud b) Negligence c) forgery of a signature on a contract d) Misrepresentation

Answer : Negligence

Explanation

• Fraud, Negligence, Forgery of a signature on a contract and misrepresentation are various acts (wrong) committed by a person on another person.
• These acts can be intentional or unintentional.
• A person did a wrong act even if he was well aware of the consequences of it will be considered as intentional.
• Misrepresentation can be intentional or unintentional. Fraud is an intentional misrepresentation.
• Forgery of signature in a contract is possibly an intentional act, since the person want the contract to be formed under false information even when he knew it was wrong.
• Negligence is considered unintentional since this wrong act is a result of carelessness (not on purpose or specific intention).

Answer: - the unintentional act is "negligence".

References

• "Fidelity & Surety News, Volume 30(2000)", by Bobbs-merrill
• " The Central Law Journal, Volume 98 (1925)", by Soule, Thomas and Wentworth