Contract Law Quiz
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Questions and Answers

Which of the following is NOT a type of contract mentioned in the text?

  • Implied contract
  • Verbal contract
  • Simple contract
  • Unilateral contract (correct)

    • What is the term used for a contract that is not required by law to be in writing?

  • Simple contract (correct)
  • Implied contract
  • Verbal contract
  • Unenforceable contract

    • Which of the following is considered a valid contract?

  • A contract that is solely based on a handshake
  • A contract that is verbal
  • A contract that is implied from conduct
  • A contract that meets all the legal requirements (correct)

    • What type of transactions are considered as contracts according to the text?

    <p>Purchasing a newspaper</p> Signup and view all the answers

    What is the term used for a contract where both written and verbal elements are involved?

    <p>Hybrid contract</p> Signup and view all the answers

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