Credit control Contract Law

Beschreibung

Quiz am Credit control Contract Law, erstellt von Sharon Yates am 16/06/2015.
Sharon Yates
Quiz von Sharon Yates, aktualisiert more than 1 year ago
Sharon Yates
Erstellt von Sharon Yates vor mehr als 9 Jahre
46
9

Zusammenfassung der Ressource

Frage 1

Frage
What are the 3 main elements that must exist for a contract to be valid?
Antworten
  • Offer, acceptance and value
  • Offer, acceptance and valid terms
  • Agreement, acceptance and value
  • Agreement, value & intention to create legal relations

Frage 2

Frage
Alan sees an advert for a car costing £3,000. He answers saying he would like to buy the car. He is told it was a printing error and the advert should have read £5,000. Can he insist on buying the car for £3,000? Explain
Antworten
  • Yes
  • No

Frage 3

Frage
A business sends out a quotation to a customer for goods at a cost of £15,000. The customer replies he would like to accept the quotation but requires delivery the next day. Does the business have to provide the goods for £15,000?
Antworten
  • Yes
  • No

Frage 4

Frage
What is a condition in a contract?
Antworten
  • A fundamental term of a contract
  • A term expressly stated in the contract
  • A term not expressly stated in the contract
  • A term in the contract which is of lesser importance

Frage 5

Frage
One of the remedies for breach of contract is 'Quantum meruit'. What type of remedy is it?
Antworten
  • Compensation for loss
  • Payment for part of the contract performed
  • Recovery of agreed price
  • Refusal to carry on with contract

Frage 6

Frage
What is a garnishee order?
Antworten
  • Amount owing paid by customers' employer
  • Seizure of assets
  • Payment by a 3rd party
  • Regular payments to court

Frage 7

Frage
Ashley goes to a shop and picks up a newspaper. He goes to the cash till to pay for it. What element of a contract is this?
Antworten
  • Invitation to treat
  • Consideration
  • Offer
  • Acceptance

Frage 8

Frage
Barry is ordering a takeaway of the telephone, and says he will pay when he picks it up. Which of the following constitutes consideration?
Antworten
  • Placing the order
  • Paying for the order
  • Saying he will pay for the order
  • Picking up the order

Frage 9

Frage
You are shopping in a supermarket, when is a contract formed?
Antworten
  • When you put goods into the trolly
  • When you take items off the shelf
  • When the checkout assistant takes your goods
  • When you pay for the goods

Frage 10

Frage
A void contract is a contract that:
Antworten
  • Is valid
  • Can be enforced by law
  • Can be nullified
  • Cannot be enforced by law

Frage 11

Frage
There are a variety of possible remedies for breach of contract. Which is most appropriate for a seller of goods if the buyer has not paid?
Antworten
  • Monetary damages
  • Action for the price
  • Specific performance
  • Injunction

Frage 12

Frage
under the Data Protection Act how many principles are there?
Antworten
  • 5
  • 8
  • 10
  • 12

Frage 13

Frage
What is meant under the Sale of Goods Act if goods are "fit for purpose"
Antworten
  • Fully functioning
  • They are what they are described to be
  • They are of satisfactory quality
  • They do what they are expected to do
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