Contract Law quiz 1

Oral contracts cannot be enforced through the courts.

• True

• False

Acceptance by post takes place when the other party receives the letter

• True

• False

Courts are not concerned with the adequacy of consideration.

• True

• False

Agreements between husbands and wives are never enforceable.

• True

• False

Third parties cannot sue on a contract eventhough it is made for the benefit of third parties.

• True

• False

All contracts entered between a minor and an adult are not legally enforceable.

• True

• False

Which of the following must be part of a contract for it to be enforceable?

• At least one of the parties is of legal age.

• A third party witnesses the signing.

• Consideration is exchanged.

• A bilateral contract

Adam told his colleagues that if he wins a bid in a project tender worth RM 1 million, he 'will spend half of it to help them out financially'. In the eyes of law, which one is TRUE?

• This is a unilateral promise which is binding.

• The promise is not enforeable as he does not really mean his words.

• There must be a mutual exchange of promise in order to enforce it.

• The terms are vague.

Bob offered to sell his home to Harris for the sum of RM300,000. However, by the time the paperwork was completed, Bob passed away. Can this contract be terminated?

• Yes, since one party to the contract passed away

• No, the next of kin must uphold the contract

• Yes, since there was no exchange of money

• No, since the contract was valid at one time

Marissa was surfing on the Internet when she came across an ad for a kitten. in orange fur.

She called the owner and he said he would deliver the kitten to her home.

She gave the seller her credit card information over the phone and rushed out to purchase a few chew toys, a cage, and some cat food.

When the doorbell rang, the owner had not delivered an orange kitten but an adult cat in grey fur.

Marissa was shocked to find that the pet was not a kitten at all but a mother cat. Why is Marissa permitted to cancel

the agreement under the mirror image rule?

• Marissa was not of legal age to enter into a sales agreement.

• The cat that was delivered was not representative of the ads.

• The seller broke the terms of the sales agreement.

• The sller was determined to not be of sound mind when he agreed to sell the cat