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Contracts 101: Promises That Stick Quiz

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Contracts 101: Promises That Stick: a General level Law quiz. Test your knowledge with 13 questions!

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Questions

Question 1

What is a legally binding agreement called?

A A contract

B A theory

C A suggestion

D A debate

Question 2

What is the exchange of value in a contract called?

A Consideration

B A trial

C A gift

D A donation

Question 3

What must parties be to enter a contract?

A From the same country

B Related by blood

C Capable/Competent

D Lawyers

Question 4

What is it called when someone breaks a contract?

A Breach

B Amendment

C Voiding

D Ratification

Question 5

What is required for a contract to be formed?

A A public announcement

B A judge's presence

C Offer and acceptance

D A police signature

📋 This quiz has 13 questions in total.