Contracts

Contracts

Assessment

Flashcard

Social Studies

7th - 8th Grade

Hard

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19 questions

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1.

FLASHCARD QUESTION

Front

The person making the offer is called the 

Back

Offeror

2.

FLASHCARD QUESTION

Front

A contract that amounts to nothing and has no legal effect is

Back

unenforceable

3.

FLASHCARD QUESTION

Front

This element refers to someone's mental ability to enter into a contract.

Back

capacity

4.

FLASHCARD QUESTION

Front

Which of the following is not one of the requirements of a valid offer? Options: made seriously, definite and certain, put in writing, communicated to offeree

Back

put in writing

5.

FLASHCARD QUESTION

Front

To be effective, an offer must be communicated to the 

Back

offeree

6.

FLASHCARD QUESTION

Front

If a valid offer is met with a valid acceptance, the result is

Back

genuine agreement

7.

FLASHCARD QUESTION

Front

What type of contract occurs when people enter into agreements without exchanging a word, such as when getting gas?

Back

implied

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