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Worksheets

Contracts

Total questions: 33

Worksheet time: 24mins

Name
Class
Date
1.

Contracts are usually regulated and enforced by which of the following?

a)

The city in which they are written

b)

The county in which they are written

c)

The state in which they are written

d)

The country in which they are written

2.

A product sale is considered a contract.

a)

True

b)

False

3.

Common law governs the sale of goods.

a)

True

b)

False

4.

Contracts are usually regulated and enforced by which of the following?

a)

The city in which they are written

b)

The county in which they are written

c)

The state in which they are written

d)

The country in which they are written

5.

Common law governs the sale of goods.

a)

True

b)

False

6.

Which of the following is the legal term for the bargain occurring when one party gives something up and another party receives something in return?

a)

Offer

b)

Counteroffer

c)

Consideration

d)

Negotiation

7.

John and Jane signed a contract for the sale of John’s car. Jane breached the contract, so John sued her. The court is requiring Jane to fulfill the original contract. This is known as which of the following?

a)

Revoking the contract

b)

Common law

c)

Consideration

d)

Specific performance

8.

Which of the following is NOT an employment law area mentioned in the presentation?

a)

Franchise agreements

b)

Pensions

c)

Collective bargaining

d)

Unemployment compensation

9.

What is a union?

a)

Federal agency overseeing most employment discrimination law

b)

Federal agency regulating and investigating workplace incidents

c)

A group formed by employees to negotiate with the employer

d)

A group formed by employers to negotiate with employees

10.

What is the OSHA?

a)

Federal agency overseeing most employment discrimination law

b)

Federal agency regulating and investigating workplace incidents

c)

A group formed by employees to negotiate with the employer

d)

A group formed by employers to negotiate with employees

11.

What are pensions?

a)

Judge-made laws passed down over the years

b)

Groups formed by employees to negotiate with the employer

c)

People, organizations or corporations

d)

Payments made to employees after they have retired

12.

What is the EEOC?

a)

Federal agency overseeing most employment discrimination law

b)

Federal agency regulating and investigating workplace incidents

c)

A group formed by employees to negotiate with the employer

d)

A group formed by employers to negotiate with employees

13.
The taking back of an offer by the offeror is called
a)
revocation
b)
rejection
c)
cancellation
d)
consideration
14.
The person making the offer is called the 
a)
Offeree
b)
Offeror
c)
Sender
d)
Giver
15.
The person receiving the offer is referred to as the 
a)
offeror
b)
offeree
c)
receiver
d)
acceptor
16.
Which of the following is not 1 of the 6 elements of a contract?
a)
capacity
b)
consideration
c)
valid
d)
genuine agreement
17.
A contract that amounts to nothing and has no legal effect is 
a)
unenforceable
b)
voidable
c)
void
d)
unilateral
18.
This element refers to someones mental ability to enter into an contract.
a)
consideration
b)
legality
c)
capacity
d)
genuine agreement
19.
A contract that contains a promise by both parties is 
a)
expressed
b)
implied
c)
bilateral
d)
unilateral
20.
To be effective, an offer must be communicated to the 
a)
attorney
b)
offeree
c)
lender
d)
offeror
21.
If a valid offer is met with a valid acceptance, the result is
a)
misrepresentation
b)
genuine agreement
c)
legality
d)
capacity
22.
A reward offer is an example of what type of a contract?
a)
bilateral
b)
implied
c)
unilateral
d)
void
23.
A reward offer is an example of what type of a contract?
a)
bilateral
b)
implied
c)
unilateral
d)
void
24.

What is a bilateral contract?

a)

A bilateral contract is where only one party makes a promise to the other party. It does not include an exchange of promises.

b)

A bilateral contract falls short of being a legally binding contract as it does not have the requisite intention.

c)

A bilateral contract is where the parties make promises to each other. The contract gives rights to and places obligations on both parties.

d)

A bilateral contract is a contract that is not condensed into writing and whereby only those terms expressly agreed are incorporated.

25.

Carlil v Carbolic Smoke Ball Company Ltd [1893] 1 QB 256 CA provides an example of a bilateral contract.

a)

True

b)

False

26.

What distinguished Carlil v Carbolic Smoke Ball Co Ltd [1893] QB 1 CA from an invitation to treat?


Select ALL answers that apply.

a)

The words in the advert expressed an intention and did not amount to a promise.

b)

It was an offer to anyone who performed the conditions named in the advertisement and by performing the conditions they were accepting the offer.

c)

Mrs Carlil performed the use of the Carbolic Smoke Ball incorrectly and therefore it was only an invitation to treat.

d)

The fact that they deposited £1000 with the bank showed the requisite intent and was not mere sales puff.

27.

What steps do you have to take to revoke a unilateral contract?

a)

The offeror does not have to inform the offerees, he is able to withdraw at any time.

b)

The offeree must actively look for any revocation being made.

c)

The offeror must take reasonable steps to bring the revocation of the offer to the attention of the offerees.

d)

The offeror must tell each individual in person or via phone that the offer has been revoked.

28.

Which of the following could give rise to a unilateral contract?

a)

In return for Barry promising to run a marathon, Adnan will sponsor Barry £500.

b)

In return for Barry completing a marathon, Adnan will sponsor Barry £500.

c)

Neither of the above options are correct.

d)

Both of the above options are correct.

29.

What forms can a unilateral contract take?


Please select ALL that apply.

a)

Unilateral contracts are where both parties make explicit promises to do something.

b)

Unilateral contracts are where only one party makes a promise to do something.

c)

A unilateral contract is where one party is in breach of the contract to the other party.

d)

Nobody is under an obligation to perform the conditions in the offer.

e)

Unilateral contracts tend to involve the offer of a reward if the conditions in the reward offer are satisfied by anyone who wishes to claim the reward. The wording of the reward offer makes it clear that no further negotiations or bargaining is required.

30.

Which case established the postal acceptance rule?

a)

Entores Ltd v Miles Far East Corpn [1955] 2 QB 327.

b)

Hyde v Wrench (1840) 3 Beav 334

c)

Brinkibon Ltd v Stahag Stahl und Stahlwarengesellschaft [1983] 2 AC 34

d)

Adams v Lindsell (1818) 1 B & Ald 681

31.

When have the courts decided that the postal acceptance rule does not apply?


Please select ALL that apply.

a)

If the letter has been wrongly addressed.

b)

When a term has been implied into the contract by statute.

c)

Where the method has been excluded in the offer or it is expressly stated that the correspondence must be received.

d)

When both parties live in close proximity to each other and posting would not be reasonable.

e)

Electronic and instantaneous methods of communication.

32.

In which exceptional circumstances may an offer be accepted by silence?


Please select ALL that apply

a)

If the offeree does not say anything but his conduct clearly indicates that he intends to accept the offer.

b)

Where there has been previous dealings between the two parties.

c)

Where the offeror specifies to the offeree that they need not communicate their acceptance as per Felthouse v Bindley(1862).

d)

None of the above answers allow an offer to be accepted by silence.

33.

Does the postal rule apply to electronic forms of communication?

a)

Yes

b)

No