
Contract
Authored by Stephanie Leibert
Social Studies
9th Grade
Used 1+ times

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23 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is a contract?
A promise or a set of promises for the breach of which the law gives a remedy
A document signed by two parties
An agreement without legal obligations
A verbal agreement between friends.
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Contracts are voluntarily entered into by ______.
parties
individuals
companies
organizations
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The terms of the contract become ______ between the parties.
private law
public law
common law
international law
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the role of an Offeror in a contract?
Party who makes an offer to enter into a contract
Party to whom an offer is made
Party who accepts the offer
Party who witnesses the contract
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Fill in the blank: The Offeree is the party to whom an ______ is made.
offer
agreement
invitation
request
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is one of the elements of a contract?
Offer
Acceptance
Contractual capacity
Consideration
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The two main components of an agreement in a contract are:
Offer and Acceptance
Consideration and Capacity
Legality and Intention
Performance and Breach
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