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Unit 2 Review

Quiz by Clifford Hamrick

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19 questions
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  • Q1
    Which is not a element of a contract?
    Valid
    Consideration
    Legality
    Offer
    30s
  • Q2
    Which is not a element of a contract?
    Genuine Agreement
    Assignment
    Capacity
    Acceptance
    30s
  • Q3
    Which is not a way to terminate an offer?
    Destruction of Subject Matter
    Counteroffer
    Death
    Completition
    30s
  • Q4
    What is one of the requirements of an offer?
    Lengthy
    Communicated
    Follows a format
    Secretive
    30s
  • Q5
    Offer has to match acceptance is what rule?
    Acceptance Rule
    Mirror Image Rule
    Same Rule
    Identical Rule
    30s
  • Q6
    Silence is acceptance?
    No
    Yes
    30s
  • Q7
    Which does not violate genuine agreement?
    Duress
    Undue Influence
    Innocent Misrepresentation
    Excitement
    30s
  • Q8
    What are the characteristics of fraudulent misrepresentation?
    Deception, gain, timely
    Deliberate, deception, gain
    Daunting, deliberate, gain
    Gain, deception, money
    30s
  • Q9
    Who is most likely to have capacity?
    Old People
    Mentally Incapacitated
    Minors
    Intoxicated
    30s
  • Q10
    What is the severing of the parent-child relationship?
    Ratification
    Release
    Freedom
    Emancipation
    30s
  • Q11
    What is consideration an exchange of?
    Goods and money
    Benefits and detriments
    Stuff
    Services and money
    30s
  • Q12
    A gambling contract may violate which element of a contract?
    Consideration
    Genuine Agreement
    Legality
    Capacity
    30s
  • Q13
    Which contract does not have to be in writing?
    Buying a wife/husband
    Buying a small piece of land for a pool
    Buying a car that will take 2 years to make
    Buying a $400 pie face game
    30s
  • Q14
    A contract with a minor is?
    Voidable
    Void
    Unenforceable
    Valid
    30s
  • Q15
    Completing a project is discharging a contract by how?
    Performance
    Impossibility of performance
    Agreement
    Operation of Law
    30s

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