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Characteristics of Contracts

Authored by Desiree Zgoda

Social Studies

10th Grade

Used 1+ times

Characteristics of Contracts
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15 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What are the two types of contracts based on the number of parties involved?

Valid and void

Express and implied

Bilateral and unilateral

Oral and written

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Fill in the blank: A contract can be either oral or ________.

A) void

B) written

C) bilateral

D) express

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Fill in the blank: Contracts can be either bilateral or ________.

unilateral

voidable

express

written

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What are the two types of contracts based on their form?

Valid and void

Express and implied

Bilateral and unilateral

Oral and written

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following is a characteristic of a contract?

Tangible

Unenforceable

Visible

Audible

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which type of contract can be canceled for some legal reason?

Void contract

Voidable contract

Enforceable contract

Legal contract

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following contracts is void?

A contract with all legal elements

A contract missing one legal element

A contract between two adults

A contract that is enforceable.

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