Question
Questions 1-7: Contract law Question 1 A term may be implied into a contract by: (a) The courts (b) Statute (c) A term can never
Questions 1-7: Contract law
Question 1
A term may be implied into a contract by:
(a) The courts
(b) Statute
(c) A term can never be implied, it must always be expressed by the parties
Which is correct?
| A | (a) (b) and (c) |
| B | (a) and (b) |
| C | (c)
|
| D | (a)
|
Question 2
A pre-contractual statement that induces the making of a contract is?
| A | A condition
|
| B | Trader's hype
|
| C | A warranty
|
| D | A representation
|
Question 3
The Unfair Contract Terms Act 1977 governs exemption clauses in which type of contract?
| A | Contracts between businesses
|
| B | All contracts where one party is a trader and the other party is a consumer
|
| C | Contracts between private persons
|
| D | It applies to exemption clauses in all types of contracts
|
Question 4
Which one of the following statements is true?
| A | If a condition in a contract is breached the injured party may treat the whole contract as discharged
|
| B | If a warranty in a contract is breached the injured party may treat the whole contract as discharged
|
| C | If a condition in a contract is breached the injured party may claim damages but must continue with the contract otherwise he will be in breach of contract
|
| D | If a warranty in a contract is breached the injured party has no remedy
|
Question 5
The court stated that the advertisement in Carlill v Carbolic Smoke Ball Co. was which of the following?
| A | An invitation to treat
|
| B | An offer
|
| C | A statement of intention
|
| D
| Of no legal effect whatsoever |
Question 6
Dai texts Pip offering to sell his car to her for 2,000. Pip replies offering to buy the car for 1,500. Dai texts back 'no way'. Pip replies by text stating she will accept the car for 2,000.
Which of the following statements is correct?
| A | An offer has been made by Dai and acceptance by Pip
|
| B | An offer has been made by Pip and acceptance by Dai
|
| C | Dai first statement is an invitation to treat
|
| D
| Pip's second statement is an offer to buy the car for 2,000 |
Question 7
Which of the following does not amount to acceptance of an offer?
| A | When the acceptance is put in the post by the offeree
|
| B | When the acceptance is received by the offeror
|
| C | When a third party informs the offeror that the offeree is accepting the offer
|
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Accounting An Essential Guide To Learning Accounting Quickly
Authors: Greg Shields
1st Edition
1978341873, 978-1978341876
