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Contract and Consumer Law Quiz

Authored by Joe White

Others

12th Grade

Used 2+ times

Contract and Consumer Law Quiz
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15 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What does 'Agreement' refer to in contract law?

A mutual decision to end a contract

An unforeseen event preventing contract completion

A breach of contractual obligations

An essential element of the contract

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is 'Frustration' in the context of a contract?

A breach of contractual obligations

An unforeseen event preventing contract completion

A non-essential element of the contract

A mutual decision to end a contract

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What happens in a 'Breach of contract'?

An unforeseen event occurs

One party does not perform their obligations

The contract is ended by mutual consent

The contract is completed successfully

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is a 'Condition' in a contract?

A mutual decision to end a contract

An essential element of the contract

A non-essential element of the contract

A breach of contractual obligations

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is a 'Warranty' in a contract?

A mutual decision to end a contract

A non-essential element of the contract

An essential element of the contract

An unforeseen event preventing contract completion

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What does 'Specific performance' entail?

A party is ordered to pay damages

A contract is ended by mutual consent

A party is ordered to carry out contractual obligations

A non-essential element of the contract

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What does 'Caveat emptor' mean?

Let the seller beware

Let the parties agree

Let the buyer beware

Let the contract be fulfilled

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