Law of Contract Session 1 2023/24
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Questions and Answers

What are the elements that form a valid contract?

  • Offer, acceptance, and capacity (correct)
  • Consideration, coercion, and uncertainty
  • Acceptance, undue influence, and certainty
  • Invitation to treat, consideration, and intention to create legal relation

Which of the following is a type of voidable contract due to a threat of harm or violence?

  • Mistake
  • Implied terms
  • Coercion (correct)
  • Specific performance

What is the consequence of breach of contract that involves failing to meet the agreed terms?

  • Impossibility (frustration)
  • Specific performance
  • Damages (correct)
  • Restitution

In contract law, what is the term used for an agreement to do something that is so defined and certain that an objective standard can be applied?

<p>Certainty (B)</p> Signup and view all the answers

What concept in contract law refers to a situation where one party puts pressure on the other to enter into a contract?

<p>Undue influence (D)</p> Signup and view all the answers

Which term in contract law refers to a performance obligation that is central to the contract and failure of which might be considered a breach?

<p>Performance (B)</p> Signup and view all the answers

What is an invitation to treat?

<p>A statement indicating willingness to negotiate (D)</p> Signup and view all the answers

Which of the following is an example of an invitation to treat?

<p>The display of goods in a shop window (B)</p> Signup and view all the answers

In the case of Pharmaceutical Society of Great Britain vs Boots Cash Chemists, what was the issue?

<p>Boots was charged for selling a listed poison without proper supervision (B)</p> Signup and view all the answers

In the case of Fisher vs Bell, what was the defendant charged with?

<p>Offering for sale a flickknife in a shop window (B)</p> Signup and view all the answers

In the case of Payne vs Cave, what was the issue?

<p>The defendant made the highest bid and withdrew it before the fall of the hammer (B)</p> Signup and view all the answers

Which of the following is NOT an example of an invitation to treat?

<p>A firm offer to sell goods at a fixed price (B)</p> Signup and view all the answers

What is required for an agreement to be considered a contract?

<p>All of the above (D)</p> Signup and view all the answers

Which of the following agreements is considered a contract?

<p>A commercial agreement (D)</p> Signup and view all the answers

What is the age of majority according to the Age of Majority Act 1971?

<p>18 years old (C)</p> Signup and view all the answers

Which of the following contracts involving a minor is considered valid?

<p>All of the above (D)</p> Signup and view all the answers

What happens if an agreement's meaning is not certain or cannot be made certain?

<p>The agreement is void (C)</p> Signup and view all the answers

In the case of Karuppan Chetty vs Suah Thian, why was the contract declared void?

<p>Uncertainty of terms (D)</p> Signup and view all the answers

In contract law, when are two or more persons said to consent?

<p>When they agree upon the same thing in the same sense (D)</p> Signup and view all the answers

What is the impact of coercion, undue influence, fraud, misrepresentation, or mistake on consent in a contract?

<p>Invalidates consent (C)</p> Signup and view all the answers

According to section 10 of the law, what is necessary for a contract's consideration and object?

<p>Lawful consideration and lawful object (A)</p> Signup and view all the answers

Under section 26, what is the status of an agreement without consideration?

<p>It is void (D)</p> Signup and view all the answers

In the scenario provided, what price did the garage owner, Bill, agree to sell the car to Adam for?

<p>RM5,500.00 (C)</p> Signup and view all the answers

What was the reason Faiz decided to divorce his wife in exercise 2?

<p>Their marriage had problems (B)</p> Signup and view all the answers

What is the legal definition of a contract according to the Contract Act 1950?

<p>An agreement with specific terms between two or more persons or entities in which there is a promise to do something in return for a valuable benefit known as consideration. (D)</p> Signup and view all the answers

Which of the following is NOT an essential element required to form a valid contract?

<p>Registration (B)</p> Signup and view all the answers

What is the key difference between an oral contract and a written contract?

<p>Written contracts are better than oral agreements. (B)</p> Signup and view all the answers

What is the legal definition of an offer according to the Contract Act 1950?

<p>A communication that indicates the terms on which the offeror is prepared to make a contract and gives a clear indication that the offeror intends to be bound by those terms if accepted by the offeree. (C)</p> Signup and view all the answers

What was the key issue in the Carlill vs Carbolic Smoke Ball Co. case mentioned in the text?

<p>Whether an offer can be made to the public at large. (D)</p> Signup and view all the answers

Which of the following is NOT an essential element of a valid contract?

<p>Mutual agreement (C)</p> Signup and view all the answers

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