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Contracts 101: Making Agreements Stick Quiz

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Contracts 101: Making Agreements Stick: a General level Law quiz. Test your knowledge with 15 questions!

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Questions

Question 1

What is the initial proposal in a contract agreement called?

A Consideration

B Offer

C Breach

D Acceptance

Question 2

What must both parties give in a valid contract?

A A witness

B A written letter

C Consideration

D A handshake

Question 3

What do we call the agreement of the terms by both parties?

A Offer

B Liability

C Acceptance

D Breach

Question 4

What happens when a party fails to follow contract terms?

A Consideration of contract

B Capacity of contract

C Breach of contract

D Offer of contract

Question 5

Which of these is generally required for a contract to be valid?

A It must be witnessed by a celebrity

B It must be written in Latin

C It must be printed on gold paper

D It must be legally enforceable

📋 This quiz has 15 questions in total.