
Contract and Consumer Law Quiz
Authored by Joe White
Others
12th Grade
Used 2+ times

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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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