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Contract Law - Question Set

Authored by Charles Battaglia

Life Skills

11th Grade

Used 1+ times

Contract Law - Question Set
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38 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following is not an element of a contract?

Consideration

Legality

Fairness

Offer

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following people have contractual capacity?

Sports Agents

Convicts (while imprisoned)

Minors

Extremely Intoxicated Persons

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What contracts must be in writing?

Paying someone's debts

Sale of $500 or more (or longer than a year)

Contracts for Real Estate/Land

All the Above

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Legal doctrine that requires certain types of contracts be in writing

Statute of limitations

Statute of Frauds

Statute of Repose

Statue of Liberty

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A contract that is legally good

Valid

Void

Voidable

Unenforceable

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

If a party can cancel the contract for a legal reason, the contract is

Valid

Void

Voidable

Unenforceable

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A contract that will not hold up in a court of law

Valid

Void

Voidable

Unenforceable

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