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Contract Law Quiz

Authored by Robert Woodard

Social Studies

9th Grade

Used 2+ times

Contract Law Quiz
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15 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What does 'acceptance' mean in the context of a contract?

Ignoring the terms

The other party agrees to the terms

Rejecting the offer

Modifying the terms

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is 'consideration' in a contract?

A casual thought

Something of value is exchanged

A verbal agreement

A written promise

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What does 'mutual consent' mean in a contract?

One party agrees to the terms

All parties agree to the terms willingly

Only the proposer agrees

No agreement is necessary

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What types can contracts be?

Written, oral, or implied by conduct

Only written

Only oral

Only implied

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following is NOT an element of a contract?

Offer

Acceptance

Consideration

Suggestion

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is an express contract?

An agreement formed by actions

An agreement with explicitly stated terms

An agreement created by the court

An agreement with unclear terms

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is an implied-in-fact contract?

A contract with written terms

A contract based on actions and behavior

A contract created by the court

A contract with unclear terms

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