Contract Law Quiz

Contract Law Quiz

12th Grade

94 Qs

quiz-placeholder

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Contract Law Quiz

Contract Law Quiz

Assessment

Quiz

Business

12th Grade

Practice Problem

Easy

Created by

Judd Prescott

Used 2+ times

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94 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the term for an agreement to be bound by the terms of an offeror's proposal?

Acceptance

Counteroffer

Consideration

Contractual Capacity

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which term describes an agreement and the completion of that agreement between two parties as an alternative to a previous agreement?

Accord And Satisfaction

Bilateral Contract

Covenant Not To Sue

Browse-Wrap Terms

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

In contract law, what is a meeting of minds about the terms of a contract called?

Agreement

Counteroffer

Covenant Not To Compete

Click-On Agreement

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What type of contract involves a promise given in exchange for a promise?

Bilateral Contract

Accord And Satisfaction

Covenant Not To Sue

Browse-Wrap Terms

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What are terms called that are agreed to by use of a website or program, without explicit agreement?

Browse-Wrap Terms

Click-On Agreement

Contractual Capacity

Counteroffer

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the term for terms agreed to directly by the user, such as clicking an 'I agree' button?

Click-On Agreement

Browse-Wrap Terms

Covenant Not To Compete

Accord And Satisfaction

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the value given in return for a promise or performance called?

Consideration

Acceptance

Counteroffer

Contractual Capacity

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