Contract

Contract

University

10 Qs

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Contract

Contract

Assessment

Quiz

Education

University

Practice Problem

Hard

Created by

Muhsinah Hasanar

Used 7+ times

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10 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

3 mins • 1 pt

Which element involves both parties having a genuine intention to create a legal relationship

Capacity of the Parties

Consent

Legality of the Contract

Intention

2.

MULTIPLE CHOICE QUESTION

3 mins • 1 pt

Which element requires one party to make an offer, and the other party to accept it?

Capacity of the Parties

Offer & Acceptance

Legality of the Contract

Intention

3.

MULTIPLE CHOICE QUESTION

3 mins • 1 pt

What is the term for both parties giving something of value in exchange for the contract?

Capacity of the Parties

Consent

Consideration

Intention

4.

MULTIPLE CHOICE QUESTION

3 mins • 1 pt

Which element ensures that parties freely and willingly agree to the terms of the contract?

Capacity of the Parties

Offer & Acceptance

Legality of the Contract

Consent

5.

MULTIPLE CHOICE QUESTION

3 mins • 1 pt

Which element focuses on the mental and legal capacity of the parties involved?

Capacity of the Parties

Consent

Legality of the Contract

Intention

6.

MULTIPLE CHOICE QUESTION

3 mins • 1 pt

What does the legality of the contract refer to?

Whether the contract is written or oral

Whether the contract is long or short

Whether the contract's purpose and terms are legal and not in violation of laws or public policy

Whether the contract involves consideration

7.

MULTIPLE CHOICE QUESTION

3 mins • 1 pt

Which element of a contract ensures that both parties must be of sound mind and not under duress?

Capacity of the Parties

Offer & Acceptance

Legality of the Contract

Consent

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