In contract law, an "agreement" is not always a "contract", even though a "contract" will always include an "agreement".

BC Law Ch 2 Intro to Contract Law

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University
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Medium

JOEL JW LIM
Used 11+ times
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16 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
True
False
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
In law, an "agreement" comprises of an offer by one party and a/an ______ by the other party.
consideration
intention to create legal relations
acceptance
contract
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
An offer requires a clear indication of ____ by the offeror to enter into a legally binding contract as soon as all the terms of the offer have been accepted by the offeree.
willingness
consideration
enforcement
price
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
An invitation to treat is _____.
one of the elements for acceptance
a binding promise
the means to find a presumption of intention to form legal relations
only an invitation to start negotiations or make an offer
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The two main types of contracts are speciality contracts and complex contracts.
True
False
6.
FILL IN THE BLANK QUESTION
1 min • 1 pt
Specialty contracts must be in ____ and "signed, sealed and delivered" in a specific format.
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Simple contracts must be written down.
True
False
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