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WorksheetsRevision Questions Contracts Form 4
Total questions: 20
Worksheet time: 12mins
In order to enter into a contract how old do you have to be for it to be enforceable in court?
21
19
18
16
A contract to hire a hit man would be unenforceable because of?
consideration
capacity
genuine agreement
illegality
What is required to form a legally binding contract?
Offer, Acceptance, Consideration.
Duty, Breach, Causation, Damages
Offer, Acceptance, Collateral, Sufficiency.
Invitation to treat, Offer, Counter Offer, Acceptance.
After talking to the salesman on the phone, Molley agree to buy a set of glassware. What type of contract is this?
Oral
Unenforceable
Valid
Written
Jim purchases a rare antique piece for $5,000. The contract was signed by both parties. in this scenario, who is Jim?
donee
donor
offeree
offeror
What is a counter offer?
A further offer made by the original offeror.
Where a party seeks to introduce a secondary or ancillary agreement to the original contract.
Where a party seeks to change or vary terms of the original offer or seeks to introduce a new term(s).
A rejection and withdrawal of the original offer.
What is the definition of an invitation to treat?
An invitation to another party to accept the offer
An indication of one party's willingness to enter into a contract with the party to whom its addressed as soon as the latter accepts its terms.
When the offeree terminates the offer
An invitation to the other party to make an offer.
A contract must be in writing.
True
False
_________________ is the legal ability to enter into a contract, so minors and those with mental impairments lack it.
Executory
Consent
Acceptance
Capacity
What is an example of a Specialty contract?
Employment contract
Sales contract
Rental contract
All of the above
A written or oral agreement between 2 parties.
Memo
Invoice
Contract
Requisition
What is the first condition/ step in a contract?
Consideration
Acceptance
Capacity
Offer
A Specialty Contract must be
Signed
Sealed
Delivered
All of the above
In this type of contract, the details are assumed.
Oral
Written
Implied by conduct
Express
A contract can be discharged by
Frustration
Breach
Death
Bankruptcy
