Legal English & Communication
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Final exam: Upper-Intermediate

60 questions · pass mark 70%

1. What is the solution for inconsistent terms?
2. Who inspects the Works in the new version?
3. Choose the correct term: "A day on which banks are open, typically excluding weekends and holidays."
4. What will be sent?
5. What remains for discussion?
6. Choose the correct term: "An internal comment flagging a pending issue."
7. What condition must be met?
8. What happens if the event lasts over 60 days?
9. Choose the correct term: "Clause stating the contract replaces all prior agreements."
10. What supports their final argument?
11. Which principle is invoked at the end?
12. Choose the correct term: "Honest and fair conduct required in contracts."
13. Is an S.R.L. identical to a US LLC?
14. What is signed before a notary?
15. Choose the correct term: "The founding document of a company (pacto constitutivo)."
16. What does 'protocolise' mean here?
17. Who is the new president?
18. Choose the correct term: "A formal decision of a meeting."
19. What will the lawyer check regarding termination?
20. What is the Territory?
21. Choose the correct term: "The right to be the only one in a territory or market."
22. What practical risk does the lawyer mention?
23. What does the compliance package include?
24. Choose the correct term: "A monetary penalty."
25. Whose approvals are needed for transfer?
26. Is every lot within 200 m necessarily a concession?
27. Choose the correct term: "The 150 m strip after the public zone, granted by concession."
28. Why do unpaid fees matter?
29. What majority approves special assessments?
30. Choose the correct term: "Rules governing the condominium (reglamento)."
31. What advantage is mentioned?
32. What happens after more than 60 days of default?
33. Choose the correct term: "The person who benefits from the trust (fideicomisario)."
34. Which power is NOT mentioned?
35. What is the expected timeline?
36. Choose the correct term: "A diplomatic official who may perform notarial functions abroad."
37. What is the seller's BATNA?
38. Which item has low value to the seller?
39. Choose the correct term: "Best Alternative to a Negotiated Agreement."
40. When is closing?
41. What is the due diligence period?
42. Choose the correct term: "An issue that would end the negotiation."
43. When will taxes be discussed?
44. What does 'AOB' mean here?
45. Choose the correct term: "To postpone discussion of a topic."
46. How does the speaker handle the question?
47. What is the key takeaway?
48. Choose the correct term: "The most important message."
49. Is the lot likely in the Maritime Zone?
50. Was a conflict found?
51. Choose the correct term: "Statements of fact made by the seller in the contract."
52. What is the good news?
53. What does the specific indemnity include?
54. Choose the correct term: "Requirement that must be met before closing."
55. What was the indemnity capped at?
56. What is the long-stop date?
57. Choose the correct term: "The final date by which conditions must be met."
58. What does the seller hand over?
59. Which is a post-closing obligation?
60. Choose the correct term: "Duties remaining after closing."