Q1. Once an intention to create legal relations, agreement and consideration are established for a valid 'simple' contract what else needs to be considered to determine the validity of a contract:

a. Legality, Consent, Capacity, and Form.

b.Meeting of the minds, Consent, Capacity, and Form.c.

c.Legality, Necessaries, Capacity, and Form.

d.Legality, Consent, Capacity, and Being mentally sound.

Question 2

A student, aged 16 years, purchases milk, eggs, and pasta from their local supermarket. They want to return the items and be refunded. Has a legally binding agreement been formed?

a.Yes, as the items purchased are one of Necessaries.

b.No, as the student is 16 years of age.

c.No, as this will not make a substantial meal.

d.Yes, as Contracts made on an empty stomach are still binding.

Q3. The 3 main elements that must be established before there is a contravention of s18(1) of the Australian Consumer Law are:

a.conduct by a person in trade or commerce where there is misleading or deceptive conduct or conduct likely to mislead or deceive.

b.the person acquiring goods or services for less than $40,000 of a kind ordinarily acquired for personal, domestic, or household use (of any value), or acquiring a commercial road vehicle (of any value).

c.the conduct of the supplier of the goods or services is unconscionable, the terms of the contract are unfair, and false representations have been made.

d.the person making a statement that is false or misleading in a material particular, concerning the profitability or risk of business activities, that can be carried on at a person's home.

Q4. Peter (still wearing his motorcycle gloves) orders an Iced Coffee from James who mistakenly serves him a boiling hot cup of tea in a takeaway container. Still wearing his gloves, Peter takes a large sip of the drink and burns his lips and his mouth. The issues raised here concern the topics of:

a.Contract Law and Negligence

b.Contract Law and the Australian Legal System

c.Australian Consumer Law and Negligent Misstatement

d.Business Entities