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WorksheetsMalaysia Contract Law 1
Total questions: 20
Worksheet time: 11mins
What is the main law governing the law of contract in Malaysia?
Contract Acts 1950 (Act 36)
Contracts Act 1950 (Act 136)
Contracts Act 1956 (Act 36)
COntracts Act 1956 (Act 136)
What is contract?
Law
Meeting
Agreement
Intention
Among the functions of contract law is
settle disputes among people
make a person become rich
punish the wrongdoer
imprison the criminal
S2(h) Contracts Act 1950 states that
agreement is a contract
agreement is enforceable when it has a contract
agreement enforceable by law is a contract
enforceable contract is a law
How many types of contract?
1
2
3
4
What are the elements to form a valid contract?nd capacity
offer, acceptance, intention to create legal relation, consideration
offer, acceptance, invitation to treat, consideration, capacity
offer, acceptance, consideration, intention to create legal relation, capacity
offer, acceptance, benefit, competency, invitation to treat
Does silence is consider as acceptance to the proposal?
(a)
Does contract is valid if it is done through electronic devices?
(a)
Is capacity or competency is one of the elements to form a valid contract in electronic commerce?
(a)
Which of the following is not a required element of a contract.
Mutual Assent
Offer and Acceptance
Consideration
Cash Value Exchange
Person's ability to satisfy the elements required for someone to enter binding contracts
Consideration
Mutual Assent
Capacity
Offer and Acceptance
A contract between two parties for illegal activities is not valid.
True
False
Consideration is...
a set of mutual promises in which each party agrees to give up something to the benefit of the other.
The amount of time one has to accept an offer.
The 5 minutes following an offer that must elapse before an acceptance can take place.
The element of a contract that says the value of what each party is giving up must be equal.
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
Every person in Malaysia attains the age of majority at...
17 yrs
18 yrs
19 yrs
25 yrs
In an auction session, when does the acceptance takes place?
When bidders make bids
When the auctioneer knocks his hammer confirming the highest bid
when the bidder wins the bid
When full payment of the item is payed
Which section allows a person to sell his horse worth RM1000 for only RM10?
S.3 Contracts Act
S,5 Contracts Act
S.26 Contracts Act
S.28 Contracts Act
When can an offer be revoked by the offeror?
After an acceptance is made
Before an acceptance is made
After consideration moves between the parties
Before consideration moves between the parties
Advertisements made by manufacturers are considered as ...
offers
invitation to treat
past consideration
executory consideration
What is contract discharge by agreement?
elements of offer and acceptance.
voidable contract at the options of parties of contract.
a thing may be destroyed in the same manner in which it is constituted.
halfway contract
