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Questions and Answers
Which of the following best describes contract law?
Which of the following best describes contract law?
- A process that creates a framework within which a contract is created
- The subject matter of the contract and its delivery
- A set of legal principles and rules that allow enforceable agreements to be created (correct)
- The rights and obligations a party has in a contract
Which of the following is a substantive aspect of contracts?
Which of the following is a substantive aspect of contracts?
- The terms for payment and length of contract
- The process that creates a framework within which a contract is created
- The subject matter of the contract and its delivery (correct)
- The rights and obligations a party has in a contract
What are contracts?
What are contracts?
- The subject matter of the contract and its delivery
- The rights and obligations a party has in a contract
- Agreements that are enforceable through legal principles and rules (correct)
- The process that creates a framework within which a contract is created
What is the primary focus of contract law?
What is the primary focus of contract law?
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What are the substantive aspects of contracts within the control of the parties?
What are the substantive aspects of contracts within the control of the parties?
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