Contracts Quizzes, Questions & Answers

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Certified Federal Contracts Manager Quiz! Trivia

This is a Certified Federal Contracts Manager exam practice test! If you want to hold a contract from the federal government, the go-to person to ensure you do it all right is a CFCM as they provide all the laws laid down for a...

Questions: 33 | Attempts: 4451 | Last updated: Oct 6, 2023

Sample Question
According to the FAR

An unauthorized commitment may be ratified as long as funds are available

The contracting officer is the ratification approval authority for actions up to $ 2,500.00

Agencies should take positive action to preclude the need for ratification actions

Proper delegation of micro-purchase authority eradicates any need for ratification procedures

Conditions And Warranties Quiz Questions And Answers

Try out these conditions and warranties quiz questions and answers and see whether you know the differences between these two terms or not. Condition is an arrangement made before completing another contract, whereas a warranty...

Questions: 52 | Attempts: 4052 | Last updated: Apr 6, 2023

Sample Question
A condition is a stipulation which is

Collateral to the main purpose of contract of sale.

Essential to the main purpose of contract of sale.

Not essential to the main purpose of contract of sale.

None of these

Contingent Contracts

__________________________________________________ No. of Questions to be Answered : Random 20 out of 40 __________________________________________________

Questions: 40 | Attempts: 1902 | Last updated: Mar 21, 2023

Sample Question
A contract dependent on the happening or non-happening of future uncertain event, is a

Contingent contract

Uncertain contract

Void contract

Voidable contract.

Charter Party Contract Quiz! Trivia

Have you ever heard of the charter party contract? A charter party is a maritime contract between a ship owner and a charterer for either a ship for the transport of passengers or cargo or yacht for personal use. A Charter...

Questions: 11 | Attempts: 772 | Last updated: Mar 20, 2023

Sample Question
Charter Party include the agreement between consignee and shipper.

True

False

Real Estate Fundamentals - Chapter 9: Contracts

This quiz covers key concepts of contracts in real estate, focusing on legal agreements, enforceability, and distinctive property identifiers. It assesses understanding of contract terms, legal requirements, and the application...

Questions: 15 | Attempts: 616 | Last updated: Mar 21, 2023

Sample Question
A legal agreement between 2 or more parties is known as a contract.

True

False

Recent Quizzes

How Well Do You Know Your Contract?

How well do you know your contract?

Your contract determines your working hours, your pay, your rota, your training and much more. But how well do you know the junior doctors contract? Take our short quiz and find out...

Questions: 10 | Attempts: 475 | Last updated: Mar 20, 2023

Sample Question
How many weeks of annual leave is a junior doctor entitled to?

Four

Four, then five after three years of core or specialty training

Five, then six after three years of core or specialty training

There is no minimum fixed entitlement - it depends on the employer's local policy

Week Two (Tuesday) - Jsg - 2.01 - 2.02

Week Two (Tuesday) - JSG - 2.01 - 2.02

This quiz for Week Two (Tuesday) - JSG - 2.01 - 2.02 assesses understanding of compliance issues related to contract funding, title float options, and overdue title notifications. It's designed for learners to grasp key...

Questions: 15 | Attempts: 61 | Last updated: Jun 14, 2023

Sample Question
What is not a common compliance issue?

Titles

First Payment Defaults (FPD's)

Number of contracts funded

Fraud

Retail installment contract terms

Trivia Quiz: Test Your Knowledge About Contract Breach Damages And Remedies!

Test Your Knowledge about Contract Breach Damages and Remedies using this Trivia Quiz. Most contracts have a clause about things that relevant parties should do and the repercussions of them not following the contract. How good...

Questions: 20 | Attempts: 945 | Last updated: Mar 19, 2023

Sample Question
Contractual damages in Hadley v Baxendale are said to be awarded for

Losses which arise naturally from the breach of contract

Losses which are in both parties’ contemplation as a probable result of its breach

Losses which arise naturally from the breach of contract or which are in both parties’ contemplation as a probable result of its breach

Losses which are reasonably foreseen by both parties at the time the contract is made

Real Estate Pt 2

Explore key aspects of real estate contracts in 'Real Estate Pt 2'. This quiz covers topics such as the Statute of Limitations, contract termination, and the legal requirements of contracts, enhancing your understanding of real...

Questions: 90 | Attempts: 111 | Last updated: Jul 9, 2024

Sample Question
The Statute of Limitations requires that parties to a contract who have been damaged or who question the contract's provisions do what

Act within a statutory period

Select a specific, limited course of action for recouping their losses

Arbitrate prior to taking court action

Wait a statutory period before they take legal action

Black Letter Outline On Contracts Book! Trivia Quiz

Black Letter Outline on Contracts Book! Trivia Quiz

What do you know about Black Letter Outline? These outlines are designed to assist law students in recognizing and understanding the primary principles and matters of law covered in a law school course. They can be used as both a...

Questions: 12 | Attempts: 49 | Last updated: Mar 21, 2023

Sample Question
Which, if any, of the following offers can be accepted only by performance?

A orders goods from B on specified terms and further states, "Ship at once."

A offers a reward of $100 for a lost diamond bracelet.

A says to B, "I'll pay you $15 to mow my lawn this afternoon."

A says to B, "If you finish that table you are making and deliver it to my house today, I'll give you $100 for it."

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