Recent Lessons

Show all results for ""

Feature Overview

Ace your exams with our all-in-one platform for creating and sharing quizzes and tests.

Quizzes

Create quizzes and tests automatically from your content using AI.

Flashcards

Automatically turn your notes into digital flashcards.

Share, Export & Embed

Share with classmates or export to Excel and your learning management system.

Stats & Reporting

Auto-grading quizzes and tests with detailed stats and reports.

Mobile Apps

The smarter way to study – wherever you are.

Pricing

Search...

11 Questions

1 Views

Contracts and Statute of Frauds Quiz

Choose a study mode

Play Quiz

Study Flashcards

Spaced Repetition

Chat to lesson

Podcast

Play an AI-generated podcast conversation about this lesson

Questions and Answers

What type of contract involves explicit, mutual promises, with each party being both a promisor and a promisee?

Unilateral contract

Quasi-contract

Void contract

Bilateral contract (correct)

If an offeree remains silent in response to an offer, what does this typically imply?

Counteroffer

Revocation of the offer

Acceptance of the offer (correct)

Rejection of the offer

What category does a contract fall under if only one party makes a promise and expects the other party to act?

Void contract

Unilateral contract (correct)

Quasi-contract

Bilateral contract

What is an example of a unilateral contract?

A contract where one party is bound but the other is not Signup and view all the answers

What happens if a minor fails to disaffirm a contract within a reasonable time after reaching majority?

The minor's right to disaffirm is lost Signup and view all the answers

What remedy is available when there has been substantial performance in a contract?

Non-breaching party only required to perform and can sue for damages Signup and view all the answers

What does 'de novo' mean in the context of legal review?

No need to review lower court decisions Signup and view all the answers

What is a counteroffer in the context of contracts?

An offer made in response to another's offer Signup and view all the answers

When can a minor disaffirm a contract?

Before reaching the age of majority Signup and view all the answers

What is duress in the context of contracts?

A person's action that compels another to act against their will Signup and view all the answers

What is the significance of the Contract Clause in constitutional law?

It prohibits states from enacting laws that interfere with existing contracts Signup and view all the answers