EXIT Diploma level revision aid Law of Contract DP1 This revision quiz is intended to assist you in the law of property. Question Title * 1. Which of the following is NOT an essential element making an agreement enforceable Possibility of performance Each party must be at least 18 years old Consideration Offer and Acceptance OK Question Title * 2. Simple contracts may be made by which of the following ways? (Tick as many as you believe are correct) In writing Implied by conduct Orally Assumed OK Question Title * 3. Which of the following is an example of an offer? Displaying goods in a shop window Placing goods in a shopping trolley Viewing goods on sale on-line Selecting goods in a supermarket and taking them to the till OK Question Title * 4. Does acceptance of an offer need to be communicated? Yes and Carhill v Carbolic Smoke Ball Co (1893) confirms this No and this is confirmed by Donoghue v Stevenson (1932) No and Carhill v Carbolic Smoke Ball Co (1893) confirms this Yes and this is confirmed by Donoghue v Stevenson (1932) OK Question Title * 5. Displaying goods in a shop window is an example of which of the following? Invitation to treat Consideration Offer Acceptance OK Question Title * 6. Which of the following statements is correct? An offeror may never revoke an offer or withdraw an offer An offeror may never revoke an offer An offeror may revoke an offer but this must be communicated directly to the offeree before acceptance An offeror may revoke an offer provided it is before acceptance either directly of indirectly to the offeree OK Question Title * 7. Which of the following relate to consideration (Select as many as are correct) it must be real it must move from the promisee it must be legal it must not be in the past OK Question Title * 8. Capacity in relation to contract relates to which of the following: The general rule that any person, of whatever nationality, sex, may enter into a binding contract The general rule that definitions in a contract must be correct The general rule that any reference to size or dimensions are in metric The general rule that contracts must be confirmed in writing to be binding OK Question Title * 9. A Chartered corporation is formed by a royal charter. Which of the following is correct A chartered corporation has no legal right to make contracts A chartered body must obtain agreement from the Privy Council to enter into legally binding agreements A chartered body may have its charter revoked by its members if it acts outside the terms of its charter A chartered body may have its charter revoked by the Crown if it acts outside the terms of its charter OK Question Title * 10. Which of the following best describes the effects of a contract to undertake an illegal act? The contract is illegal The contract is legal The contract is enforcable The contract is a tort OK SEE HOW YOU DID