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Contract Law
Contract Law
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A quiz testing the information learnt in Contract Law presentation.
Flashcards
20 cards
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Practice quiz
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Questions
20
Answers
1
What is the standard of proof in contract law?
No standard of proof
On the balance of probabilities
Beyond reasonable doubt
2
Is an invitation to treat an offer?
False
True
3
What is the principle remedy for the brach of a contract?
Compensation
Injunction
Imprisonment
Damages
4
What is a domestic agreement?
An agreement with someone in your family or a close friend
An agreement with someone if your family
An agreement with no legal obligations or intentions present
An agreement enforced by violence
5
What is causation?
The damages occurred when a contract was breached?
The cause for the breach of the contract
The causes for a contract to start
The plaintiff must prove the beach caused financial loss.
6
What are the four features in the binding of a contract?
Offer, Agreement, Consideration and Certainty of Terms
Offer, Acceptance, Consideration and Certainty of Terms
Offer, Expression, Thought, Clarification
Offer, Acceptance, Thought, Clarification
7
What is a void contract?
A contract that no longer exists
A contract that has been declined
A contract that has been avoided
A contract that involves large sums of money
8
Who is the Offeror?
The person accepting the offer
The person making the offer
A person who witnesses an offer
The person whom the offer is being made
9
TRUE OR FALSE: An offer can only be written or oral
False
True
10
What is a counter offer?
When the original offer is changed
When the offeree attempts to "bargain" & become the offeror
When the offeree disagrees and does not accept an offer
When the terms of the offer are counted
11
TRUE OR FALSE?: All agreements form a contract
False
True
12
What type of agreement is being made here?
An Act
Written
Physical
Oral
13
Contract Law Is...
An agreemen than can be physically proved
A long document with legal obligations
When two people sign a piece of paper in agreement
An agreement creating obligations enforceable by the law.
14
What is a voidable contract?
When a contract isn't present
A contract that can be rejected due to errors in its making
A contract that can be rejected due one not agreeing terms
When a contract doesn't exist
15
What is a commercial agreement?
An agreement made in the course of business
An agreement made in the course an organisation
Agreements advertises make in their commercials
Agreements made when buying a product
16
When is a legally binding contract formed?
When two people make an agreement
When you sign a piece of paper as an agreement
When intention to create legal obligations is made
When two or more parties legally agree to something
17
Consideration is....?
Something of value that passes from one party to another
When you agree to a contract
When you think about a contract
When you discuss a contract
18
Which of the following is a defence to the breach of contract?
There was no valid contract
Risks
Duress
Contract was no breached
19
How many features are in the binding of a contract?
5
4
2
3
20
Who hold the burden of proof in contract law?
Defendant
Plaintiff