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5 Written questions

5 Matching questions

  1. Accord of satisfaction
  2. Competent
  3. Consideration
  4. Quasi Contract
  5. Implied Contract
  1. a
    The reason a person enters into a contract-Vlaue-
  2. b
    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. 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
    Having legal capacity; capable quallified
  5. e
    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 Multiple choice questions

  1. Effective; suffcient in law; legal

  2. 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. A person who mkaes an offer

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

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

5 True/False questions

  1. Damages
    a person to whom an offer is made


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


  3. Restitution
    The reason a person enters into a contract-Vlaue-


  4. Meeting of the Minds
    The mutual assent of the parties to a contract with respect to all the prinicipal terms of the contract


  5. Bilaterel
    a person to whom an offer is made


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