Contract Law Flashcard

Contract Law Flashcard

Assessment

Flashcard

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Business

10th Grade

Hard

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5 questions

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1.

FLASHCARD QUESTION

Front

Which of the following does NOT require a contract in writing?
Real estate,
Goods over $500,
Goods under $200,
Actions taking longer than one year

Back

Goods under $200

2.

FLASHCARD QUESTION

Front

Which of the following governs the sale of goods?

Back

Uniform Commercial Code

3.

FLASHCARD QUESTION

Front

Which of the following is NOT part of a contract? Offer, Acceptance, Consideration, Introduction

Back

Introduction

4.

FLASHCARD QUESTION

Front

Which of the following occurs when the original offer is not accepted and a new offer is returned in place of the original offer? Replacement offer, Acceptance, Counter offer, Consideration

Back

Counter offer

5.

FLASHCARD QUESTION

Front

Which of the following occurs when one party intentionally or unintentionally does not fulfill their contractual obligations? Counter offer, Acceptance, Breach of contract, Consideration

Back

Breach of contract