LAW OF CONTRACT QUIZ 2

1.Which of the following is not a valid element of contract:

• Promise
• Capacity
• Certainty
• Acceptance

2.In law of contract, which of the following describes the bidding in an auction

• Invitation to treat
• Offer
• Counter offer
• Acceptance

3.The contract is an enforceable agreement. Which of the following statements relates to the correct contract?

• Must be in written
• Not necessary in written
• Each contract must have written statement
• Contract must be certified by lawyer

4.Counter offer when accepted become _______

• Contract
• An offer
• Promise
• Invitation to treat

5.The contract maybe void in the following circumstances EXCEPT :

• Coercion
• Fraud
• Mistake of fact
• Misrepresentation

6. The following persons are not eligible to perform all types of contract EXCEPT:

• Minor
• Drunk person
• Individual age 18 years and above
• Person was declared bankrupt

7. Botak agreed to sell his motorcycle to Aron after being threatened by Aron. Botak can cancel the contract because there is an element of ________________

• Mistake
• Misrepresentation
• Fraud
• Coercion

8. Where both parties to an agreement are under mistake as to a matter of fact essential to the agrement, the agreement is void. The relevant provision for this statement is ____________

• Section 18
• Section 17
• Section 16
• Section 21

9.Dominate the will of the other party and gained unfair advantage was the key elements that prove the elements of___________A. B. C. D.

• Undue influence
• Mistake
• Misrepresentation
• Fraud

10.Fazura agreed to sell a hundred tons of oil to Fattah. However there is no statement in the agreement that shows the type of oil to be sold. The status of the agreement is :

• Void because of uncertainty
• Void because lack of consideration
• Agreement is valid D
• Void because there is mistake