WorksheetsWeek 10 quiz CC & P
Total questions: 20
Worksheet time: 10mins
Which of the following is not a contract essential?
Intention to create legal relationship
Offer
Acceptance
Financial equality
What occurs if there is no intention to legally contract?
There is no valid contract
The contract is vague
The contract is open for negotiation
None of these
Under what circumstances can presumptions be made that there is no intention to create a contract?
Family or close friends
Colleagues that work in different industries
Colleagues that socialise on the odd occasion
Companies from different states
Under what circumstances can presumptions be made that there is an intention to create a contract?
If an agreement is amongst different generations of a family
If the agreement is commercial
If the agreement is based on long term relationships
All of these
What types of people may not be able to contract?
Under 18yrs of age
Mentally impaired
Prisoners
Bankrupt persons
All of these
When is a contract formed?
When an offer is made from one party to the other
When a party appreciates the offer of the other party
When two parties discuss an object of interest
When an offer by one party is accepted by the other party
Does a counter offer constitute the forming of a contract?
Yes
No
When the counter offer is fair
When the counter offer exceeds the original offer
What is an invitation to treat?
An offer
An acceptance of an offer
An invitation to make an offer
An invitation to discuss the contents of a contract
Can an offer be terminated before it is accepted?
Yes
No
Only if enough notice is provide to potential offeree
None of these
The implications of an offeree rejecting an offer are:
The offer is terminated and cannot be accepted later.
The offer becomes a binding contract automatically.
The offer remains open for acceptance indefinitely.
The offeror is legally required to renew the offer.
What occurs when the offeree accepts an offer with conditions?
The original offer no longer exists
There is not a true acceptance of the offer
The offeree’s has produced a counteroffer
All of these
What is the scenario when an offer is not accepted within a set period of time?
The offer lapses
The offer conditions change automatically
The offer is reduced in value for the offeree
A counteroffer must be made
Choose all below that must make up an acceptance
Clear communication of acceptance
Understanding of the terms of the offer
Acceptance in the form designated by the offeror
An unspoken understanding of the contract terms and conditions
What is consideration?
Item of value
Service
Must be sufficient
All of these
Which of the following is not consideration
Past consideration
Promise for a promise
Executory consideration
All of these
Which below can affect consent in contracting
Mistakes
Misrepresentation
Unconscionability
Voluntary act
What contract aspects can affect the legality of a contract
Void by statutes
Illegal conduct in contracting
Criminal activity part of contract
All of these
What essential element of contracts does Carlill v Carbolic Smokeball Co (1893) discuss?
Offer and acceptance
Legality
Consideration
None of these
What does the case of Blomley v Ryan (1956) discuss.
Capacity to contract
Legality
Consideration
None of these
The case of Chappell & Co v Nestle Co Ltd (1960) refers to which essential contract element?
Legality of contract
Consideration
Consent
Capacity to contract
