TX Promulgated Contract Forms Quiz Questions (80 questions)

TX Promulgated Contract Forms Quiz Questions (80 questions)

Professional Development

80 Qs

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TX Promulgated Contract Forms Quiz Questions (80 questions)

TX Promulgated Contract Forms Quiz Questions (80 questions)

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Professional Development

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Created by

Tituba Adams

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80 questions

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1.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

The date a contract starts is known as the...?

Effective date

Legal date

Commencement date

Signature date

2.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

A valid and enforceable contract must include which of the following elements...

Consideration

Mutual agreement

Competent parties

All of the above

3.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

Additional pages of material that are added to and become part of a contract are referred to as a/an...?

RFP

Addendum

Amendment

Bulletin

4.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

A typical real estate sales contract between a buyer and seller is considered a/an...?

Unenforceable contract

Forbearance contract

Performance contract

Void contract

5.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

An executory contract is...?

Void

Completed

In-progress

Unenforceable

6.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

A change in a legal document made by adding, altering, or omitting a certain part or term is referred to as a/an...?

RFP

Bulletin

Amendment

Addendum

7.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

A contract that has been fully performed is known as a/an...?

Executory contract

Expired contract

Executed contract

Unenforceable contract

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