01. Validity.

Question 1

A contract may be evidenced by W*, W or A.

Answer 1

writing

Question 2

A contract may be evidenced by W, W* or A.

Answer 2

words

Question 3

A contract may be evidenced by W, W or A*.

Answer 3

action

Question 4

A contract may be evidenced by …

Answer 4

writing, words or action.

Question 5

A … is an agreement, supported by consideration, made with the intention to create legal relations.

Answer 5

contract

Question 6

A contract is an agreement, supported by …, made with the intention to create legal relations.

Answer 6

consideration

Question 7

A contract is an agreement, supported by consideration, made with the intention to create …

Answer 7

legal relations

Question 8

An agreement between a large retail company and an individual consumer is likely to be a …

Answer 8

standard form contract

Question 9

The general principle that parties may contract on whatever terms they choose, so long as they are legal.

Answer 9

Freedom of contract

Question 10

The Sale of Goods act implies terms into consumer contracts, thereby modifying the legal principle of …

Answer 10

freedom of contract

Question 11

A ‘contract’ that is not a contract at all.

Answer 11

void contract

Question 12

Neither party is bound by a … contract.

Answer 12

void

Question 13

One party may set aside a … contract.

Answer 13

voidable

Question 14

A ‘contract’ that one party may set aside.

Answer 14

Voidable contract.

Question 15

Property transferred under a … contract is usually recoverable.

Answer 15

void

Question 16

Property transferred under a … contract prior to one party setting it aside is NOT usually recoverable.

Answer 16

voidable

Question 17

Void contract.

Answer 17

Not a contract at all.
Neither party is bound by it.
Property transferred under it can generally be recovered.

Question 18

Not a contract at all.
Neither party is bound by it.
Property transferred under it can generally be recovered.

Answer 18

Void contract.

Question 19

Voidable contract.

Answer 19

A contract which one party may set aside.

Property transferred before avoidance is NOT usually recoverable.

Question 20

A contract which one party may set aside.

Property transferred before avoidance is NOT usually recoverable.

Answer 20

Voidable contract.

Question 21

Situations making contracts void/voidable: V* (I, OPP) V (LoC - EYO and of SM, AOFW -no D or UI, M).

Answer 21

void

Question 22

Situations making contracts void/voidable: V (I*, OPP) V (LoC - EYO and of SM, AOFW -no D or UI, M).

Answer 22

illegality

Question 23

Situations making contracts void/voidable: V (I, OPP*) V (LoC - EYO and of SM, AOFW -no D or UI, M).

Answer 23

offends public policy

Question 24

Situations making contracts void/voidable: V (I, OPP) V* (LoC - EYO and of SM, AOFW -no D or UI, M).

Answer 24

voidable

Question 25

Situations making contracts void/voidable: V (I, OPP) V (LoC* - EYO and of SM, AOFW -no D or UI, M).

Answer 25

lack of capaciy

Question 26

Situations making contracts void/voidable: V (I, OPP) V (LoC - EYO* and of SM, AOFW -no D or UI, M).

Answer 26

eighteen years old

Question 27

Situations making contracts void/voidable: V (I, OPP) V (LoC - EYO and of SM*, AOFW -no D or UI, M).

Answer 27

sound mind

Question 28

Situations making contracts void/voidable: V (I, OPP) V (LoC - EYO and of SM, AOFW* -no D or UI, M).

Answer 28

absence of free will

Question 29

Situations making contracts void/voidable: V (I, OPP) V (LoC - EYO and of SM, AOFW -no D or UI*, M).

Answer 29

duress or undue influence

Question 30

Situations making contracts void/voidable: V (I, OPP) V (LoC - EYO and of SM, AOFW -no D or UI, M*).

Answer 30

misrepresentation

Question 31

A pre contractual statement of fact that induces a party to enter into a contract which nevertheless turns out to be untrue.

Answer 31

misrepresentation

Question 32

In order to posess the capacity to enter into a contract a natural person must be...

Answer 32

aged 18 or over and of sound mind

Question 33

A contract to whose terms a party can be held.

Answer 33

Enforecable contract.

Question 34

Enforceable contract.

Answer 34

A contract to whose terms a party can be held.

Question 35

Unenforceable contract.

Answer 35

A 'contract' to whose terms a party can NOT be held.

Question 36

A 'contract' to whose terms a party can NOT be held.

Answer 36

Unenforceable contract.

Question 37

Certain contracts, for example those regarding Consumer Credit or Land Transfers are only enforceable if they are ...

Answer 37

in writing.

Question 38

Contracts which must be in writing: LT*, CC, CG

Answer 38

land transfers

Question 39

Contracts which must be in writing: LT, CC*, CG

Answer 39

consumer credit

Question 40

Contracts which must be in writing: LT, CC, CG*

Answer 40

credit guarantees

Question 41

An electronic signature (may/may not) be used as written evidence of the validity of a contract.

Answer 41

May.