Which of the Following Statements Resembles a Mainstream Australian Cultural

question 15

Multiple Choice

Which of the following statements resembles a mainstream Australian cultural value?

• A)Contracts are often disregarded and not legally binding.
• B) Being on time is important.
• C) Business acquaintances are not possible friends.
• D)Efficiency is measured in terms of costs and benefits.
• E)It is considered best to be dressed formally in a business situation.
• F)The rules of the social class one grew up in should be followed.

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Definitions:

Main Purpose Test

In contract law, a test applied by the court to determine the real purpose of a guaranty contract.

Legal Signature

A person's official mark or sign, legally recognized, used to signify agreement or consent on documents.

Parol Evidence Rule

A legal principle stating that once a written contract is finalized, verbal statements or agreements made prior to the contract cannot be used to contradict or vary the terms of the written contract.

Best Evidence Rule

A legal principle requiring the original document or primary evidence of a written agreement to be submitted to a court, rather than a copy.