LAW OF CONTRACT QUIZ

An agreement enforceable by law is a(n)

• acceptance

• legality

• contract

• offer

Communication of offer will only be completed as against the proposer

• when it comes to the knowledge of the proposer.

• when it comes to the knowledge of the person to whom it is made.

• when the proposal is delivered

• when the proposal is clear

What is an invitation to treat?

• An act of willingness to accept an offer

• A preliminary communication between parties at the stage of negotiation

• An intimation of willingness to do or to abstain from something

• To treat someone in a contract

If the sound of an oral acceptance is drowned by a passing aircraft, is there a contract?

• No, acceptance must be communicated

• Yes, silence amounts to acceptance

• No, acceptance may be revoked

• Yes, acceptance may be done orally

Tim proposed to sell a laptop to Joe for RM 1000. Joe was silent as to the offer. Is this a valid acceptance?

• No, silence is a request for further information

• Yes, silence must be communicated

• Yes, silence is necessary

• No, silence does not amount to acceptance

In order to convert a proposal into a promise, acceptance must

• be made without consideration

• be absolute and unqualified

• be made in writing

• be made by a minor

Mariana offered to sell her car to Alex for RM70,000.00. Alex wrote a letter stating that he was prepared to buy it for RM50,000.00. What is the legal position in this case?

• There is a valid contract as there is an acceptance.

• There is no valid contract as Alex's letter is only a counter offer/proposal

• There is a counter offer

• The acceptance was not made in the usual way and reasonable manner

What is a counter offer?

• An acceptance to the original offer

• A modification of an original offer

• An original offer

• A condition to be agreed upon before the other party shows his agreement

Below are types of consideration EXCEPT:

• Existing consideration

• Executory consideration

• Executed consideration

• Past consideration

Ali agrees to purchase Abu's iPhone XS Max for RM1.00. Is this a valid contract?

• Yes, RM1.00 is sufficient as it need not be adequate consideration

• No, the contract is unfair

• No, the phone is worth more than RM1.00

• Yes, but Abu can ask for more money if he wishes