
LEB - Quiz #2
Other
KG - University
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15 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A person is no longer a minor when he or she reaches the age of
minority
majority
ratify
capacity
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A person who is living in this country but who owes allegiance to another country is called a(n)___
minor
citizen
alien
majority
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Another name for a mutual mistake
unilateral contract
bilateral contract
fraud
concealment
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
An innocent statement of a supposed fact that turns out to be false is known as ____.
fraud
misrepresentation
duress
undue influence
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A contract that is legally binding and fully enforceable is known as
a unilateral contract
bilateral contract
a valid contract
a void contract
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A proposal made by one party that he or she is willing to enter a contract is known as
offer
acceptance
genuine agreement
capacity
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
An offer that has been changed by the offeree to be bound by the offer is known as
an acceptance
a valid contract
a void contract
a counteroffer
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