Contract Law Quiz

Contract Law Quiz

University

45 Qs

quiz-placeholder

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Contract Law Quiz

Contract Law Quiz

Assessment

Quiz

Business

University

Easy

Created by

Jadon Paez

Used 2+ times

FREE Resource

45 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A rescissible contract is initially valid but can be revoked if it causes economic injury to a party or a third party. (True/False)

True

False

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A voidable contract is automatically unenforceable from the beginning. (True/False)

True

False

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Contracts entered into by minors are always considered void. (True/False)

True

False

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Unenforceable contracts can never be ratified. (True/False)

True

False

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A contract is void if it violates laws, morals, public policy, or public order. (True/False)

True

False

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Contracts that fail to meet the requirements of the Statute of Frauds are considered void. (True/False)

True

False

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A contract entered into through fraud can be annulled. (True/False)

True

False

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