AAFM Exam CWM_LEVEL_2 Topic 4 Question 95 Discussion

Actual exam question for AAFM's CWM_LEVEL_2 exam

Question #: 95
Topic #: 4

[All CWM_LEVEL_2 Questions]

Section A (1 Mark)

In ________, the values exchanged by the contracting parties may not necessarily be equal

AAleatory contracts

BConditional contract

CPersonal contract

DUnilateral contract

Show Suggested Answer

Suggested Answer: B

by Veronika at Jan 09, 2025, 12:37 AM

Limited Time Offer

25%

Off

Get Premium CWM_LEVEL_2 Questions as Interactive Web-Based Practice Test or PDF

Contribute your Thoughts:

Submit Cancel

Devora

2 months ago

Aleatory contracts, huh? Sounds like a fancy way of saying 'gambling' to me!

upvoted 0 times

Pamela

12 days ago

That's when only one party makes a promise, like a reward for finding a lost pet.

upvoted 0 times

...

Diane

16 days ago

D) Unilateral contract

upvoted 0 times

...

Catherin

16 days ago

It's more about certain conditions needing to be met for the contract to be valid.

upvoted 0 times

...

Mignon

29 days ago

B) Conditional contract

upvoted 0 times

...

Stevie

1 months ago

Yeah, it's like a gamble where the values exchanged may not be equal.

upvoted 0 times

...

Kaitlyn

1 months ago

A) Aleatory contracts

upvoted 0 times

...

Jestine

2 months ago

This is a tricky one. I'm going to have to go with A) Aleatory contracts. Sounds like the values can be unequal in those types of contracts.

upvoted 0 times

...

Minna

2 months ago

B) Conditional contract? That doesn't sound right. Isn't that where the obligations depend on a certain condition being met?

upvoted 0 times

Rebbeca

3 days ago

D) Unilateral contracts involve a promise in exchange for an act.

upvoted 0 times

...

Socorro

4 days ago

C) Personal contracts involve specific individuals.

upvoted 0 times

...

Tresa

8 days ago

B) Yes, you're right. Conditional contracts depend on a certain condition.

upvoted 0 times

...

Marg

9 days ago

A) Aleatory contracts involve values that may not be equal.

upvoted 0 times

...

Milly

2 months ago

D) Unilateral contract seems like the correct answer to me. In a unilateral contract, only one party makes a promise, so the values exchanged may not be equal.

upvoted 0 times

...

Kerry

2 months ago

I think the answer is A) Aleatory contracts. The values exchanged in aleatory contracts can be unequal, unlike in other types of contracts.

upvoted 0 times

Marcelle

1 months ago

Yes, that's correct. Aleatory contracts involve a element of chance or uncertainty.

upvoted 0 times

...

Rhea

2 months ago

I agree, in aleatory contracts the values exchanged can be unequal.

upvoted 0 times

...

Mirta

2 months ago

I'm not sure, but I think it could also be D) Unilateral contract because only one party makes a promise.

upvoted 0 times

...

Ahmad

2 months ago

I agree with Kallie, Aleatory contracts involve unequal values exchanged.

upvoted 0 times

...

Kallie

2 months ago

I think the answer is A) Aleatory contracts.

upvoted 0 times

...