WorksheetsContract Law Quiz
Total questions: 25
Worksheet time: 18mins
Catalogues, Price list, Display of goods are
offer
Invitation to Offer
Intention to make offer
Counter offer
Which statement is incorrect
Acceptance must be absolute and unqualified otherwise shall constitute counter offer.
Counter offer puts an end to the original offer and it cannot be revived by subsequent acceptance.
Running contract is nothing but an standing offer which can be withdrawn by offeror.
none of the above
An acceptance may be revoked
Acceptance can not be revoked
at any time before the communication of the acceptance is complete as against the acceptor, but not afterwards.
at any time before the communication of the acceptance is complete as against the offeror, but not afterwards.
At any time by giving Notice
Where the post is a valid means of acceptance, at what point will the offeree have been held to have accepted the offer?
A When the letter of acceptance has been written
B When the letter of acceptance has been correctly addressed, its postage paid, and posted
C When the letter of acceptance is received by the offeror
A Minor can be a Beneficiary of a Contract
Yes
No
What is essential rule of consideration :
Considerations must be at the desire of Promisor.
The consideration may pass on to Promisor from Promisee only.
It is necessary that the promisor himself/ herself should be benefited by the consideration
Considerations must be at the desire of Promisee
. In relation to social and domestic agreements the court:
A Assumes the parties did intend to create a legally binding contract
B Presumes that the parties did not intend to create a legally binding contract
C Does not consider the intention of the parties
Ben offered to sell his prize collection of football memorabilia to Sam for £500. Sam rejected the price and offered to pay £400. Ben refused this amount. Later when Sam found out that Ben was going to sell the memorabilia items to Ellie he tried to accept the original price of £500. Which of the following statements is correct?
A contract will be formed when Sam accepts Ben's original offer.
If Sam accepts before Ellie, a contract will be formed between Ben and Sam.
There will be no contract, Sam's attempt to accept the original price of £500 is too late because a contract has been formed with Ellie.
There will be no contract, Sam's offer to pay £400 will be regarded as a rejection of Ben's offer.
On Tuesday, A offered to sell his motorbike to B for £200, telling B he must have a reply by Sunday. On Thursday, A offered to sell the motorbike to C for £250 and she accepted. Later that day, B learnt of the sale from C's friend. On Friday, B accepted A's offer. Which one of following statements is correct?
A is bound to sell to B because he did not personally notify of his intention to revoke the offer.
A is bound to sell to B because he did not revoke his offer and an offer can be accepted at any time before revocation.
A is bound to sell to B because an offer can only be made to one person at a time and therefore the offer to C is invalid.
A is not legally bound to sell to B because when C' friend told B of the sale, the offer had been effectively revoked
Harvey lost his gold sovereign necklace whilst attending a local charity concert at the Town Hall. He advertised a reward of £30 for its return in the local paper, which Britney saw. Britney later found the necklace on the car park of the venue and returned it to Harvey. Harvey thanked Britney for the necklace but told her that he had purchased a new necklace and his offer was revoked. Britney wishes to claim the reward. Which one of the following statements is correct?
Britney cannot claim the reward because she did not communicate her acceptance of his offer of reward.
Britney can claim the reward because by returning the necklace she has accepted the offer of the reward.
The advertisement in the local paper is an invitation to treat and not an offer.
Britney cannot claim the reward as Harvey has now purchased a new necklace, and this act amounted to revocation of the offer.
Angela wrote a letter to Chris saying, 'I will sell you my blue Saab convertible for the bargain price of £12000. If I hear nothing from you by the end of the week I will take it that we have a deal'. Chris did not reply to this letter. When Chris went to Angela's house to collect the car, he was told the car had been sold on the previous day to Boris for £11500. Which one of the following statements is correct?
Angela has made a unilateral offer, which Chris has accepted by turning up at the house to buy the car.
Chris has accepted Angela's offer and can sue for breach of contract.
There is no contract between Angela and Chris, as Angela cannot impose silence as acceptance upon Chris.
Angela is in breach of contract because by his silence, Chris did accept the offer.
Which of the following is a remedy to a breached contract?
Money Damages
quantum meruit
Specific Performance
All of the above
When the consent is cause by undue influence, the becomes
Voidable
Void
Valid
Illegal
An illegal contract means a contract
Forbidden by Law
The performance of which is impossible
the parties of contract are unsound mind
All of the above
On 1 June, A contracts to sell a quantity of goods to B to be delivered by 1 July. On 15 June, as A is still making arrangements for the shipment of the goods, he receives a fax message from B stating that the goods are no longer wanted. Which one of the following statements concerning A's rights is true?
a) A is not entitled to terminate the contract or to claim damages until 1 July.
b) A is entitled to claim damages immediately but is not entitled to terminate the contract until 1 July.
c) A is entitled to terminate the contract and claim damages immediately.
d) A is entitled to terminate the contract immediately but is not entitled to claim damages until 1 July.
What is the general rule of the postal acceptance rule?
The offer will be accepted once the letter is received by the offeror.
When the seal of the letter is broken by the offeror.
When the letter is posted by the offeree.
When the offeree gets notification from the Royal Mail or Courier that his letter has been received.
Which of the following is not an essential element of a valid contract?
Offer and acceptance
Free consent and consideration
Lawful object
Performance
A general offer open for world at large can be accepted
by sending a communication of acceptance
by complying with the conditions of offer
by tendering himself to the comply the conditions of offer
none of these
Where both the parties to an agreement are under mistake as to a matter of fact, which is essential to the agreement, the agreement is:
Valid
Voidable
Illegal
Void
Identical offers made by two parties to each other, in ignorance of each other’s offer are known as
Counter offer
Cross-offers
Standing offer
None of the above
X sells the goodwill of his retail store to Y for Rs.5 lakhs and promises not to carry on the same business forever and anywhere in India. Is the agreement:
Valid
Void
Voidable
Illegal
What type of contract is illustrated in the example, when contract is classified on the basis of formation - the finder of lost goods, to find out the owner and return the goods?
Quantum Meruit
Quasi Contract
Nudum Pactum
Consensus ad idem
Which essential of valid offer is missing in the example- A says to B "I will sell you a car"?
Offer may be express
The terms of an offer must be clear
The offer must be communicated to offeree
An offer must be made with an intention to create legal obligations
Which is untrue in case of Govt Contracts
the President or the Governor cannot be held personally liable for the non-performance of the contract.
a person can sue the Government for the breach of contract and may be awarded damages by the court
the Government will not be held liable for compensating the other party in case the Government has derived any benefit from a person by an agreement which does not fulfil the requirements under Article 299
If a contract is not made under the President’s or Governor’s name, such a contract will not be considered as a Government contract
