Contract Law
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Assessment
•
Tamara Weaver
•
Business
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11th - 12th Grade
•
4K plays
•
Hard
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18 questions
Show answers
1.
Multiple Choice
After talking to the salesman on the phone, Molley agree to buy a set of glassware. What type of contract is this?
Oral
Unenforceable
Valid
Written
2.
Multiple Choice
John and Jenni sign a real estate contract to purchase a historic home. In the body of a contract, a change is handwritten. What law requires the contract to be in writing?
Statute of Frauds
Statute of Limitations
Statute of realtors
Uniform Commercial Code
3.
Multiple Choice
Jim purchases a rare antique piece for $5,000. The contract was signed by both parties. in this scenario, who is Jim?
donee
donor
offeree
offeror
4.
Multiple Choice
Robert offered a reward for anyone who returns his lost wallet. What type of contract is this?
Bilateral
implied
unilateral
void
5.
Multiple Choice
Agreeing to give false testimony violates which element?
capacity
consideration
legality
offer
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