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quiz 1

Authored by mahesh tak

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University

Used 2+ times

quiz 1
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5 questions

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1.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

Which of the following is not an element of a valid contract?

Offer & Acceptance

Certainty

Consideration

Invitation to Treat

2.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

A void contract is an agreement not enforceable by law.

True

False

3.

MULTIPLE CHOICE QUESTION

10 sec • 1 pt

The contracts made by infants / minors are void.

True

False

4.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Media Image

The person making the proposal is called the and the person accepting the proposal is called :

The person making the proposal is called the asker and the person accepting the proposal is called the responder.
The person making the proposal is called the proposer and the person accepting the proposal is called the acceptor.
The person making the proposal is called the inquirer and the person accepting the proposal is called the replier.
The person making the proposal is called the suggester and the person accepting the proposal is called the agreeer.

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Media Image

Every promise and every set of promises, forming the consideration for each other, is called as:

Contract
Agreement
Consideration
Obligation

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