Contracts
Quiz
•
Business
•
10th - 12th Grade
•
Practice Problem
•
Medium
Amy Demchak-Connell
Used 1K+ times
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11 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A written or oral agreement between 2 parties.
Memo
Invoice
Contract
Requisition
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is an example of a contract?
Employment contract
Sales contract
Rental contract
All of the above
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the first element of a contract?
Consideration
Acceptance
Capacity
Offer
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of the following is NOT an element of a contract?
Company Logo
Legal Purpose
Offer
Consideration
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
An order form or receipt is an example of this type of contract.
Written
Oral
Implied
Express
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A written contract in which the subject is clearly stated and all details are included. Most enforceable type of contract by law.
Oral
Implies
Express
Analytical
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A verbal agreement made out loud during conversation. Most difficult type of contract to enforce.
Oral
Implied
Express
Analytical
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