Contract Law Quiz

An exclusion clause must be communicated to the other party ______ the contract is made.

• After

• During performance

• Before or at the time

• Never

Which of the following makes a contract voidable?

• Lack of consideration

• Mutual mistake of fact

• Coercion

• Agreement in restraint of trade

Which section defines fraud in the Contracts Act 1950?

• Section 15

• Section 16

• Section 17

• Section 18

What is the effect of a mutual mistake of fact under Section 21?

• Contract is valid

• Contract is voidable

• Contract is void

• Contract is illegal

Which of the following will make a contract void under Section 30?

• Agreement without signature

• Agreement with false statement

• Agreement with uncertain meaning

• Agreement with time lapse

Misrepresentation becomes fraud when:

• The statement is a promise

• The party making the statement had no intention to deceive

• The party intentionally deceives the other

• There is a mistake of law

An agreement that is made by a person under undue influence is automatically void.

• True

• False

Fraud requires the intention to deceive or induce the other party.

• True

• False

All contracts made without consideration are void.

• True

• False

A contract based on misrepresentation is voidable at the option of the representee.

• True

• False