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5 Written questions

5 Matching questions

  1. Damages
  2. Anticipatory Breach
  3. Unilateral Contract
  4. Accord of satisfaction
  5. Mailed (mail box rule)
  1. a
    Acceptance of an offer takes place when the accaptance is mailed
  2. b
    The sum of money that may be recovered in the courts of financial reperation for an injury or wrong suffered as a result of breech of contract or a totious act
  3. c
    an agreement between two persons, one of whom is suing the other, in which the clamant accepts a compromise in full satisfaction of his claim (usually less)
  4. d
    the announced intention of a party to a contract that she does not intend to perform her obligations under the contract
  5. e
    A contract in which there is a promise on one side only, the consideration being an act rather than a promise.

5 Multiple choice questions


  1. Involoving two intrests. 2. having two sides

  2. The mutual assent of the parties to a contract with respect to all the prinicipal terms of the contract

  3. A person who mkaes an offer

  4. a sum agreed upon by the parties at the time of entering into a contract as being payable by way of compensation for loss suffered by the event of a breech of contract

  5. Having legal capacity; capable quallified

5 True/False questions

  1. Implied Contract
    contract implied in fact, which the law infers from the circumstances , conduct,acts, or the relationshipsof the parties rather than their spoken words. 2. contracts implied in law which are quasi contracts or constructive .

          

  2. Considerationin both contract and tort a remdy that restores the status quo

          

  3. Express Contract
    A contract whos terms are stated by the party. (verbal or written)

          

  4. OfferEE
    a person to whom an offer is made

          

  5. Offer
    A proposal made with the purpose of obtaining and acceptance, therby creating a contract.

          

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