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Contract

Total questions: 10

Worksheet time: 30mins

Name
Class
Date
1.

Which element involves both parties having a genuine intention to create a legal relationship

a)

Capacity of the Parties

b)

Consent

c)

Legality of the Contract

d)

Intention

2.

Which element requires one party to make an offer, and the other party to accept it?

a)

Capacity of the Parties

b)

Offer & Acceptance

c)

Legality of the Contract

d)

Intention

3.

What is the term for both parties giving something of value in exchange for the contract?

a)

Capacity of the Parties

b)

Consent

c)

Consideration

d)

Intention

4.

Which element ensures that parties freely and willingly agree to the terms of the contract?

a)

Capacity of the Parties

b)

Offer & Acceptance

c)

Legality of the Contract

d)

Consent

5.

Which element focuses on the mental and legal capacity of the parties involved?

a)

Capacity of the Parties

b)

Consent

c)

Legality of the Contract

d)

Intention

6.

What does the legality of the contract refer to?

a)

Whether the contract is written or oral

b)

Whether the contract is long or short

c)

Whether the contract's purpose and terms are legal and not in violation of laws or public policy

d)

Whether the contract involves consideration

7.

Which element of a contract ensures that both parties must be of sound mind and not under duress?

a)

Capacity of the Parties

b)

Offer & Acceptance

c)

Legality of the Contract

d)

Consent

8.

In a contract, what is the term for the process of one party making an offer, and the other party accepting it?

a)

Capacity of the Parties

b)

Offer & Acceptance

c)

Legality of the Contract

d)

Consent

9.

Which of the following is NOT one of the essential elements of a contract?

a)

Capacity of the Parties

b)

Negotiation

c)

Consideration

d)

Intention

10.

Based on the video that I have provided, which term will I explain in the next class?

a)

Contract

b)

Insurance contract

c)

Intention

d)

Consent