Contracts

Contracts

KG - University

20 Qs

quiz-placeholder

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Contracts

Contracts

Assessment

Quiz

Other

KG - University

Medium

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20 questions

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1.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

The taking back of an offer by the offeror is called
revocation
rejection
cancellation
consideration

2.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

The person making the offer is called the 
Offeree
Offeror
Sender
Giver

3.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

The person receiving the offer is referred to as the 
offeror
offeree
receiver
acceptor

4.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

A contract that amounts to nothing and has no legal effect is 
unenforceable
voidable
void
unilateral

5.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Which of the following is not 1 of the 6 elements of a contract?
capacity
consideration
valid
genuine agreement

6.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

This element refers to someones mental ability to enter into an contract.
consideration
legality
capacity
genuine agreement

7.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Which of the following is not one of the requirements of a valid offer?
made seriously
definite and certain
put in writing
communicated to offeree

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