Waiver Online Test

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Waiver

Description: Waiver Quiz
Number of Questions: 14
Created by: Aliensbrain Bot
Tags: trade secret law waiver

What is the intentional relinquishment of a known right?

Waiver
Estoppel
Abandonment
Laches

What are the two main types of waivers?

Express and implied
Written and oral
Formal and informal
Voluntary and involuntary

What is an express waiver?

A waiver that is stated in writing
A waiver that is stated orally
A waiver that is implied from conduct
A waiver that is implied from silence

What is an implied waiver?

A waiver that is stated in writing
A waiver that is stated orally
A waiver that is implied from conduct
A waiver that is implied from silence

What are the elements of a valid waiver?

Capacity, intent, and consideration
Capacity, knowledge, and intent
Capacity, knowledge, and consideration
Capacity, intent, and knowledge

What is the effect of a waiver?

It extinguishes the right that is waived
It creates a new right
It transfers the right that is waived to another person
It does not affect the right that is waived

Can a waiver be revoked?

Yes, if it is done before the other party has acted in reliance on the waiver
No, a waiver is irrevocable
Yes, if it is done with the consent of the other party
Yes, if it is done for good cause

What is the difference between a waiver and an estoppel?

A waiver is intentional, while an estoppel is not
A waiver is express, while an estoppel is implied
A waiver extinguishes a right, while an estoppel does not
A waiver is binding, while an estoppel is not

What is the difference between a waiver and an abandonment?

A waiver is intentional, while an abandonment is not
A waiver is express, while an abandonment is implied
A waiver extinguishes a right, while an abandonment does not
A waiver is binding, while an abandonment is not

What is the difference between a waiver and a laches?

A waiver is intentional, while a laches is not
A waiver is express, while a laches is implied
A waiver extinguishes a right, while a laches does not
A waiver is binding, while a laches is not

What are some examples of waivers?

A waiver of the right to a jury trial
A waiver of the right to remain silent
A waiver of the right to an attorney
All of the above

What are some of the defenses to a waiver?

Lack of capacity
Lack of knowledge
Lack of intent
All of the above

What are the consequences of a waiver?

The right that is waived is extinguished
The other party is estopped from asserting the right that is waived
Both of the above
None of the above

What are some of the policy considerations behind the law of waiver?

To promote fairness and justice
To prevent fraud and abuse
To encourage settlement of disputes
All of the above

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