Credit control Contract Law

Descripción

Test sobre Credit control Contract Law, creado por Sharon Yates el 16/06/2015.
Sharon Yates
Test por Sharon Yates, actualizado hace más de 1 año
Sharon Yates
Creado por Sharon Yates hace más de 9 años
43
9

Resumen del Recurso

Pregunta 1

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

Pregunta 2

Pregunta
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
Respuesta
  • Yes
  • No

Pregunta 3

Pregunta
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?
Respuesta
  • Yes
  • No

Pregunta 4

Pregunta
What is a condition in a contract?
Respuesta
  • 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

Pregunta 5

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

Pregunta 6

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

Pregunta 7

Pregunta
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?
Respuesta
  • Invitation to treat
  • Consideration
  • Offer
  • Acceptance

Pregunta 8

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

Pregunta 9

Pregunta
You are shopping in a supermarket, when is a contract formed?
Respuesta
  • 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

Pregunta 10

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

Pregunta 11

Pregunta
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?
Respuesta
  • Monetary damages
  • Action for the price
  • Specific performance
  • Injunction

Pregunta 12

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

Pregunta 13

Pregunta
What is meant under the Sale of Goods Act if goods are "fit for purpose"
Respuesta
  • 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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