NJ QPA Exam 2021 UPDATED Exam Questions
(2026) Complete Exam Questions and Answers |
already graded A+
Save
Terms in this set (117)
Dillion's Rule (1868) states that local governments do not have any
inherent sovereignty and instead must be
authorized by state governments that can create
or abolish them
Cooley Doctrine Local government is a matter of absolute right
and the state may not take it away.
Forms of NJ Municipal Government Boroughs, Commissions, Municipal Mgr, Town,
Township, Village, and Cities. Optional Faulkner
Act.
What is 'common rule'? State and cities are required to adhere to Federal
laws. Must do the stricter of the them.
The purpose of the Uniform a. to simplify, clarify and modernize the law
Commercial Code: governing commercial transaction; b. to permit
the continued expansion of commercial practices
through custom, usage and agreement of the
parties; and c. to make uniform the law among
the various jurisdictions.
, What is the 'Battle of the forms'? The battle of the forms generally refers to the
situation where buyers send out purchase orders
and sellers respond with sales acknowledgement
forms but, although the fronts of the documents
basically match up, the backs are fundamentally
different.
warranty of title The seller warrants that the title being conveyed
is good and that the transfer is lawful.
Expressed Warranty an oral or written statement by the seller
Implied Warranty of Fitness for a Seller is aware of the purpose of the need of
Particular Purpose buyer and that the buyer expects those goods to
meet that need.
3 Ways agents are given authority 1. Express Authority - Public Purchasing must be
in writing. 2. Implied Authority - Unstated but
necessary to perform one's duty for an employer.
3. Apparent Authority - Supplier believes
authority exists and is not told otherwise.
Nature of Contract Is either expressed or implied. It is promise(s) that
the Law of Contracts recognizes and a remedy is
available for breach.
Basic characteristics of a contract Any agreement, written (PO)or otherwise, that is
legally binding, in which a vendor is providing
goods or services in exchange for compensation.
Four elements must be present in 1. Capable parties 2. Mutual Consent 3. Lawful
any contractual situation Objective 4. Sufficient reason to contract
(consideration)
To form a contract there must the 1. Offer 2. Acceptance 3. Consideration
following:
(2026) Complete Exam Questions and Answers |
already graded A+
Save
Terms in this set (117)
Dillion's Rule (1868) states that local governments do not have any
inherent sovereignty and instead must be
authorized by state governments that can create
or abolish them
Cooley Doctrine Local government is a matter of absolute right
and the state may not take it away.
Forms of NJ Municipal Government Boroughs, Commissions, Municipal Mgr, Town,
Township, Village, and Cities. Optional Faulkner
Act.
What is 'common rule'? State and cities are required to adhere to Federal
laws. Must do the stricter of the them.
The purpose of the Uniform a. to simplify, clarify and modernize the law
Commercial Code: governing commercial transaction; b. to permit
the continued expansion of commercial practices
through custom, usage and agreement of the
parties; and c. to make uniform the law among
the various jurisdictions.
, What is the 'Battle of the forms'? The battle of the forms generally refers to the
situation where buyers send out purchase orders
and sellers respond with sales acknowledgement
forms but, although the fronts of the documents
basically match up, the backs are fundamentally
different.
warranty of title The seller warrants that the title being conveyed
is good and that the transfer is lawful.
Expressed Warranty an oral or written statement by the seller
Implied Warranty of Fitness for a Seller is aware of the purpose of the need of
Particular Purpose buyer and that the buyer expects those goods to
meet that need.
3 Ways agents are given authority 1. Express Authority - Public Purchasing must be
in writing. 2. Implied Authority - Unstated but
necessary to perform one's duty for an employer.
3. Apparent Authority - Supplier believes
authority exists and is not told otherwise.
Nature of Contract Is either expressed or implied. It is promise(s) that
the Law of Contracts recognizes and a remedy is
available for breach.
Basic characteristics of a contract Any agreement, written (PO)or otherwise, that is
legally binding, in which a vendor is providing
goods or services in exchange for compensation.
Four elements must be present in 1. Capable parties 2. Mutual Consent 3. Lawful
any contractual situation Objective 4. Sufficient reason to contract
(consideration)
To form a contract there must the 1. Offer 2. Acceptance 3. Consideration
following:
