
Formation of contract
Quiz by Amanda Burgess
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8 questions
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- Q1What are the 4 essential elements of contract?Invitation to negotiate, offer and acceptance, two people, personal barAgreement, two or more people, contractual capacity, legally enforceable rights and obligationsAgreement, two or more people, counter offer, acceptanceAgreement, two or more people, offer and acceptance, invitation to negotiate30s
- Q2The case Fisher v Bell illustrates the principle ofOfferEstimatesAgreementInvitation to negotiate30s
- Q3Legal capacity in Scotland is reached at what age1618211230s
- Q4What happens if any of the essential elements are missing?There is no enforceable contractThe court can enforce the contractThe innocent party can take legal actionThe parties can be sued30s
- Q5The case of Matheson Gee v Quigley is aboutparties who failed to reach an agreementmisrepresentation in contractFailure to make a counter offerthe effect of a promise30s
- Q6What is the Latin phrase used to mean an agreement has been reachedConsensus in idemvolenti non fit injuriaDamnum injuria datumcaveat emptor30s
- Q7What must happen for an agreement to be reached?An offer must be met by a qualified acceptanceAn offer must be met by an unqualified acceptanceA counter offer must be madeOne party must threaten legal action30s
- Q8Wolf & Wolf v Forfar Potato Company is a case relating to?essential elementsCounter offer/qualified acceptanceBreach of contractmisrepresentation30s