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Ch 7 Legal Terms-Contract Law

Authored by Kaysha Covington

Business

11th Grade - University

Used 22+ times

Ch 7 Legal Terms-Contract Law
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25 questions

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1.

MULTIPLE CHOICE QUESTION

2 mins • 1 pt

A system for ensuring justice where conventional laws are inadequate is

breach

restitution

equity

ratification

2.

MULTIPLE CHOICE QUESTION

2 mins • 1 pt

One who has not reached the age of majority

minority

cure

unilateral

infancy

3.

MULTIPLE CHOICE QUESTION

2 mins • 1 pt

1. A minor must wait until reaching the age of ____ before entering into a binding contract.

infancy

majority

21

18

4.

MULTIPLE CHOICE QUESTION

2 mins • 1 pt

__________ is the announced intention of a party to a contract that he doesn’t intend to perform his obligation under the contract.

requirements contract

formal contract

anticipatory breach

revocation of an offer

5.

MULTIPLE CHOICE QUESTION

2 mins • 1 pt

Language common to all legal documents of the same type is known as _________

normal rights

majority language

accord and satisfaction

boilerplate language

6.

MULTIPLE SELECT QUESTION

2 mins • Ungraded

Did you actually learn about estate planning from this week's assignments?

Yes

No

Not enough

Too much

7.

MULTIPLE CHOICE QUESTION

2 mins • 1 pt

To cancel or annul

void

avoid

unconscionable

rejection

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