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CONTRACT QUIZ

Total questions: 10

Worksheet time: 5mins

Name
Class
Date
1.

All of the following are ways of discharging or terminating a contract except?

a)

By performance

b)

By acceptance

c)

By frustration

d)

By breech

2.

Agreements that are legally binding are called?

a)

policies

b)

transaction

c)

contracts

d)

domestic arrangement

3.

Contracts that are under seal are called?

a)

Simple contract

b)

Void contract

c)

unenforceable contract

d)

Specialty contract

4.

An important feature of all simple contracts is?

a)

condition

b)

guarantee

c)

specific performance

d)

consideration

5.

All of the following are features/elements of a simple contract except?

a)

offer

b)

invitation to treat

c)

consideration

d)

acceptance

6.

A shop makes an invitation to treat by putting goods in the shop window with a price label and a customer may offer to buy them.

a)

True

b)

False

7.

A counter offer is an offer made in response to a previous offer.

a)

True

b)

False

8.

All agreements are contracts likewise, all contracts are agreement.

a)

True

b)

False

9.

David invited his friend Adrian to his birthday party; Adrian agreed to attend the party. This is an example of a social/domestic agreement and not a contract.

a)

True

b)

False

10.

An example of a specialty contract is?

a)

Bob agreeing to mow Lorna's lawn

b)

hire purchase agreement

c)

display of goods at a shop window

d)

price-list in a store