Contract Law

Contract Law

11th - 12th Grade

5 Qs

quiz-placeholder

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Contract Law

Contract Law

Assessment

Quiz

Business

11th - 12th Grade

Practice Problem

Medium

Created by

Julia Salerno

Used 44+ times

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5 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following does NOT require a contract in writing?

Real estate

Goods over $500

Goods under $200

Actions taking longer than one year

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following governs the sale of goods?

Uniform Commercial Code

Unified Commercial Code

Trade of Goods Commission

Sales Commission

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following is NOT part of a contract?

Offer

Acceptance

Consideration

Introduction

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following occurs when the original offer is not accepted and a new offer is returned in place of the original offer?

Replacement offer

Counter offer

Acceptance

Consideration

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following occurs when one party intentionally or unintentionally does not fulfill their contractual obligations?

Counter offer

Acceptance

Breach of contract

Consideration

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