Test on Business Contracts and Commercial Obligations

Question 1: If the time of fulfillment is not explicitly stated in a contract, the debtor is always obliged to pay a fine for delay.

A. Ano

B. Ne

Explanation: The study materials state that if the time of fulfillment is not agreed in the contract, the debtor is obliged to fulfill their liability ASAP after the conclusion of the contract. The obligation to pay a fine for delay only arises if the debtor does not pay their liability on time, not simply if the time is not stated in the contract.

Question 2: According to the provided study materials, which of the following are recognized ways of concluding contracts?

A. Public tender

B. Negotiation about conclusion of contract

C. Unilateral act of resignation

D. Agreement about future contract / LETTER OF INTENT

Explanation: The study materials explicitly list 'Negotiation about conclusion of contract', 'Public tender', and 'Agreement about future contract / LETTER OF INTENT' as ways of concluding contracts. A unilateral act of resignation is mentioned as a way of terminating an obligation, not concluding a contract.

Question 3: Shaking hands or nodding to agree upon a purchase is classified as concluding a purchase contract by direct action.

A. Ano

B. Ne

Explanation: The study materials state that concluding a purchase contract by shaking hands or nodding is categorized as a 'silent act (konkludentný čin)', not 'direct action'. Direct action includes examples like shopping in a grocery store or at a gas station.

Question 4: If no specific quality guarantee is agreed upon in a purchase contract, a general guarantee of 2 years is applied.

A. Ano

B. Ne

Explanation: The study materials state that 'when it is not agreed in contract, general guarantee 2 years is used'.

Question 5: Which of the following statements about packaging requirements in a purchase contract is accurate, according to the provided study materials?

A. The seller is obligated to package goods in a manner that prevents damage.

B. The buyer is responsible for paying for the packaging.

C. If no specific packaging method is agreed upon, the seller must use packaging typical in the buyer's country.

D. The seller covers all costs associated with packaging the goods.

Explanation: According to the study materials, 'seller is obliged to package goods in a way, so that it cannot be damaged' and 'Packaging is paid by buyer'. Therefore, the seller must ensure damage prevention, and the buyer pays for it. If the way of packaging hasn´t been agreed on, the 'seller will use package that is typical in his country', not the buyer's, making option 2 incorrect. Option 3 is incorrect because the buyer, not the seller, pays for packaging.