Contract Law

10 Questions | Total Attempts: 4770
SettingsSettingsSettings
Please wait...
Contract Law Quizzes & Trivia

Assess the elements required for a valid contract

More Contract Law Quizzes
Am I A Professional? Am I A Professional?
What Profession Are You? What Profession Are You?
How Professional Are You? How Professional Are You?
Featured Quizzes
Can You Pass This Basic World History Quiz? Can You Pass This Basic World History Quiz?
Which Celebrity Do You Look Like Quiz! Which Celebrity Do You Look Like Quiz!
Quiz: The Best Pokemon Picker! Quiz: The Best Pokemon Picker!
Related Topics
Questions and Answers
  • 1. 
    The promises exchanged by parties to a contract
    • A. 

      Consideration

    • B. 

      Agreement

  • 2. 
    A contract that allows one of the party( suffered party) to withdraw from the contract.
    • A. 

      Void contract

    • B. 

      Voidable contract

  • 3. 
    All agreements between two competent parties are contracts.
    • A. 

      True

    • B. 

      False

  • 4. 
    A written contract that has legal documentation and the seal( stamp) of the company.
    • A. 

      Formal contract

    • B. 

      In formal contract

  • 5. 
    Implied contracts are neither written nor oral contracts.
    • A. 

      True

    • B. 

      False

  • 6. 
    To be legally enforceable, contracts must be in writing.
    • A. 

      True

    • B. 

      False

  • 7. 
    Ntract that has not yet been completed by both parties.
    • A. 

      Executed contracts

    • B. 

      Executory contracts

  • 8. 
    Social or domestic agreements usually do not have legal binding.
    • A. 

      True

    • B. 

      False

  • 9. 
    A contract that is understood from the act or the conduct of the parties.
    • A. 

      Implied contracts

    • B. 

      Express contracts

  • 10. 
    Acceptance should be properly communicated before offer finish.
    • A. 

      True

    • B. 

      False

Back to Top Back to top