Contract Law: Making Agreements Official Quiz

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Contract Law: Making Agreements Official: a General level Law quiz. Test your knowledge with 14 questions!
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Questions

Question 1
What is the voluntary agreement between two parties called?
A Capacity
B Acceptance
C Consideration
D Offer
Question 2
What is the value exchanged between parties in a contract called?
A Consideration
B Offer
C Capacity
D Breach
Question 3
What must a person have to be legally able to sign a contract?
A A lawyer
B Capacity
C A witness
D Wealth
Question 4
What is it called when one party fails to fulfill their contract obligations?
A Voiding
B Breach
C Ratification
D Negotiation
Question 5
A contract must be for a __________ purpose.
A Legal
B Complex
C Written
D Profitable

📋 This quiz has 14 questions in total.

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