Contract Law

What is the definition of a Contract?

• an agreement that gives rise to obligations and which is enforceable and recognised by the law

• an agreement that gives rise to obligations and which is recognised by the law

• an agreement that gives rise to obligations and which is enforceable by the equity

• an agreement that gives rise to obligations

What is privity of contract?

• any person is included in any contract

• the only parties of a contract are bound by it.

• A third part is included in a contract.

Name the two elements which combine Agreement in a contract

• Offer and acceptance

• Acceptance and consideration

• Consideration and Intention to create legal relations

• Offer and consideration

Which case states that you can contract with the world.

• Taylor v Laird

• Hillas Ltd v Arcos Ltd

• Carlill v Carbolic Smoke Ball Company Limited

• Partridge v Crittenden

An offer can be revoked

• True

• False

One of the four requirements to make a contract is

• Custard

• Contemplation

• Compensation

• Consideration

The final requirement to make a contact is

• Intention to create crayons

• Intention to create legal relations

• Intention to create equitable relations

• Intention to create peace

Misrepresentation will make a contract

• Voidable

• in existence

• non existent

The three types of misrepresentation

• Fraudulent, negligent; and innocent

• Fraudulent, negligent; and guilty

• Fraudulent, invalidating; and innocent

• Invalidation, negligent and guilty

The only terms in a contract are expressed terms - Statement made by Susan Shuttle 01/02/2021 - Is this statement true or false

• True

• False