Level 1 exam — Legal & Compliance

Exam — fresh questions

12 questions to validate contracts: concepts, clauses, common contracts, electronic signature and negotiation.
Answer everything, then click Check: your score and explanations will appear.

1.1 · Recall

1. What is a contract?

An agreement of wills intended to create obligations A mandatory public document An invoice A mere discussion with no agreement

A contract creates obligations and has binding force: you cannot walk away on a whim.

1.1 · Application

2. Yacine orally says “agreed, I deliver on Monday” and the client answers “perfect”. What should he remember?

A contract may already have formed; writing will serve as evidence It is automatically cancelled Nothing exists without a signature That only concerns individuals

Writing is not always required for validity, but almost always for evidence.

1.2 · Application

3. In Yacine's client contract, which clause deserves a closer look?

The title The font The limitation of liability clause The print date

It caps compensation if something goes wrong: silent while all is well.

1.2 · Application

4. An important clause is missing from Yacine's contract. What happens?

It is cancelled Nothing It counts: default law decides, not necessarily in his favour The contract is blocked

A missing clause counts as much as a present one: anticipate before signing.

1.2 · Arbitration

5. The contract imposes a very unbalanced clause on Yacine. What is the right attitude?

Ignore it since it is necessarily ineffective Wait for the dispute to discuss it Sign counting on a judge to cancel it later Flag it and negotiate before signing

Protection has limits, especially between professionals: negotiating costs a conversation, challenging costs a lawsuit.

1.3 · Recall

6. In a services contract, which distinction is decisive?

Best-efforts (diligence) vs result (guaranteed) obligation The logo The length of the text The colour of the document

It determines what must be proven in a dispute.

1.3 · Application

7. Yacine sells equipment delivered by carrier. What must he distinguish?

The signature date The price of the title Nothing The transfer of ownership AND the transfer of risk

Ownership and risk often transfer at distinct moments: key with transport.

1.3 · Arbitration

8. Yacine wants to reuse an online NDA template as is. What is the risk?

None, templates are universal Often unsuited to the case and country; adapt and have it reviewed It is always stronger It is forbidden to read it

The template comes from another context: scope, duration and sanctions must fit the real case.

1.4 · Application

9. How should Yacine choose his electronic signature level?

It does not matter The higher the stakes, the higher the level should be Always the scanned image Always the simplest

Simple, advanced or qualified: strength depends on guarantees (identity, integrity, consent).

1.4 · Arbitration

10. For an important contract, Yacine pastes an image of his signature. What do you think?

Always valid everywhere Illegal in all cases Solid and sufficient Fragile: copyable, with no proof of identity or integrity — use a recognised platform

For a high-stakes document: recognised platform and kept evidence file.

1.5 · Application

11. When should Yacine negotiate his contract?

During the dispute BEFORE signing Never After signing it

Negotiating leverage collapses after signature.

1.5 · Arbitration

12. The client refuses any adjustment to a very unbalanced contract. What can Yacine do?

Sign quickly anyway Read only the price and sign Walk away: a bad contract often costs more than a missed deal Sign then renegotiate afterwards

Read everything, understand, negotiate first — and know how to walk away if imbalance persists.

What's next?

Score ≥ 80%: go to Level 2 — Business & commercial law (general terms, payment terms, debt collection, competition, liability).
Score < 80%: review the missed sections (validity in 1.1, clauses in 1.2, best efforts vs result in 1.3, signature in 1.4, method in 1.5), reread the explanations above, then retake the test.