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Contracts Test

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5 Written Questions

5 Matching Questions

  1. Anticipatory Breach
  2. Voidabale
  3. Consideration
  4. Bilaterel
  5. Acceptance
  1. a
    The reason a person enters into a contract-Vlaue-
  2. b
    the announced intention of a party to a contract that she does not intend to perform her obligations under the contract
  3. c
    The accent by the person to whom an offer is made, to the offer as made by the person making it.
  4. d
    avoidable, subject to disaffirmance, defective but not valid
  5. e
    Involoving two intrests. 2. having two sides

5 Multiple Choice Questions


  1. a person to whom an offer is made

  2. an obligation imposed by law to achieve equity, contracts imposed by the law usualy to prevent un just enrichment. A legal fiction that a contract exsists.

  3. Having legal capacity; capable quallified

  4. A contract in which there is a promise on one side only, the consideration being an act rather than a promise.

  5. A contract that creates no legal rights= no contract at all.

5 True/False Questions

  1. Express Contract
    an obligation imposed by law to achieve equity, contracts imposed by the law usualy to prevent un just enrichment. A legal fiction that a contract exsists.

          

  2. Enforcable
    can be put into effect or carried out refering to legal right. eg. contract;judment

          

  3. Valid
    Effective; suffcient in law; legal

          

  4. Mailed (mail box rule)
    A contract in which there is a promise on one side only, the consideration being an act rather than a promise.

          

  5. Third party benigivisry contract
    A contract whos terms are stated by the party. (verbal or written)

          

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