Contract Law Midterm Exam Review Quiz
10 Questions
2 Views

Contract Law Midterm Exam Review Quiz

Created by
@FinerIndigo

Podcast Beta

Play an AI-generated podcast conversation about this lesson

Questions and Answers

Which of the following is an example of an invalid contract?

  • A contract specifying illegal activity (correct)
  • An oral contract outlined and agreed to via spoken communication
  • A contract with restrictions as to the competency of parties
  • A written contract between two parties

    • Which situation would result in an illegal contract?

  • A contract with a drunken person (correct)
  • A written contract between a lender and a borrower
  • An oral contract agreed to via spoken communication
  • A contract between two competent parties

    • What is the form of an oral contract?

  • An agreement outlined and agreed to via spoken communication (correct)
  • A contract with restrictions as to the competency of parties
  • A contract specifying illegal activity
  • A printed agreement between two parties

    • Which party lacks legal capacity to enter into a contract?

    <p>Persons of unsound mind</p> Signup and view all the answers

    What is a written contract?

    <p>A printed agreement between two parties</p> Signup and view all the answers

    Which situation would result in an illegal contract?

    <p>A contract specifying an illegal activity</p> Signup and view all the answers

    Who lacks legal capacity to enter into a contract?

    <p>Persons of unsound mind</p> Signup and view all the answers

    What is the form of a written contract?

    <p>A printed agreement between two parties</p> Signup and view all the answers

    Which party lacks legal capacity to enter into a contract?

    <p>Persons of unsound mind</p> Signup and view all the answers

    What is an oral contract?

    <p>A type of business contract outlined and agreed to via spoken communication</p> Signup and view all the answers

    More Like This

    Test Your Contract Law Knowledge
    9 questions

    Contract Law Quiz with Answers: Test Your Knowledge

    Quizgecko avatar
    Quizgecko
    Contract Law: Mutual Assent Flashcards
    13 questions

    Contract Law: Mutual Assent Flashcards

    ColorfulTaylor avatar
    ColorfulTaylor
    Contract Law Quiz
    22 questions

    Contract Law Quiz

    ColorfulTaylor avatar
    ColorfulTaylor
    Contract Law Overview and Key Cases
    10 questions

    Contract Law Overview and Key Cases

    TalentedFantasy1640 avatar
    TalentedFantasy1640
    Use Quizgecko on...
    Browser
    Open
    Browser
    Browser