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4B POB Mini Quiz on Intro to Contracts

Authored by Bornece Xo

Business

10th - 12th Grade

Used 6+ times

4B POB Mini Quiz on Intro to Contracts
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6 questions

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1.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

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Being in a business is not a simple matter.

True 

False 

2.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

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The following are purposes of laws that aim to protect and control businesses EXCEPT: 

To ensure there is free competition between businesses

To give preference to the bigger businesses. 

To protect consumers

To maintain a good level of safety and secure ethical working conditions

3.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

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People are completely aware of being involved in a contractual relationship.

True

False 

4.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

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Riding James Bus line to Belmopan is a NOT a form of a Simple Contract.

True

False 

5.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

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The following are characteristics of a contract EXCEPT:

Criminal Related

Legality

Capacity

Consideration

Good faith

6.

FILL IN THE BLANKS QUESTION

45 sec • 1 pt

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A legally enforceable binding agreement between two or more parties whereby something is done, or promised to be done, given or be given.

(a)  

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