
Law Chapter 5 Exam
Authored by Tina Gummo
Other, Specialty
8th - 12th Grade
Used 131+ times

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20 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
An oral contract is not enforceable at law.
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Advertisement in newspapers, price tags, and signs in store windows are treated by the law as invitations to negotiate.
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
An acceptance of an offer to sell goods may not change the terms of the offer if both offeror and offeree are nonmerchants
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A valid contract must contain only four of the six elements of a contract.
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Consideration is the legal ability to enter a contract.
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The taking back of an offer by the offeror is
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A contract that amounts to nothing and has o legal effect is
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