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5 Written questions

5 Matching questions

  1. Oral Contract
  2. Void Contract
  3. OfferEE
  4. Valid
  5. Implied Contract
  1. a
    a person to whom an offer is made
  2. b
    A contract that is not written. Unless the asubject of the contract is covered by the statuate of frauds, it is jsut as valid as a written contract
  3. c
    Effective; suffcient in law; legal
  4. d
    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 .
  5. e A contract that creates no legal rights= no contract at all.

5 Multiple choice questions

  1. Rule evidance of fraud contract

  2. Acceptance of an offer takes place when the accaptance is mailed

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

  4. requires certain classes of contract to be in writing and signed. Prevent fraud by the parties

  5. A person who mkaes an offer

5 True/False questions

  1. Damages
    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

          

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

          

  3. Anticipatory Breach
    the announced intention of a party to a contract that she does not intend to perform her obligations under the contract

          

  4. Acceptance
    Having legal capacity; capable quallified

          

  5. Liquidated Damages
    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

          

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