DPB30073 BUSINESS LAW - Topic 2 v3

Contract is governed by ..............

• The Contracts Act 1940

• The Contracts Act 1950

• The Contracts Act 1960

• The Contracts Act 1970

The followings are the elements to form a contract EXCEPT:

• offer

• intention

• performance

• capacity

Coercion is an example of .........

• valid contract

• voidable contract

• void contract

• unenforceable contract

A contract can be discharge by ...............

• Fruit

• Beach

• Purse

• Breach

Which is not true about the remedies available for contract.

• Rescission

• Restitution

• Damages

• Impossibility