What are the 3 main elements that must exist for a contract to be valid?
Offer, acceptance and value
Offer, acceptance and valid terms
Agreement, acceptance and value
Agreement, value & intention to create legal relations
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
Yes
No
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?
What is a condition in a contract?
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
One of the remedies for breach of contract is 'Quantum meruit'. What type of remedy is it?
Compensation for loss
Payment for part of the contract performed
Recovery of agreed price
Refusal to carry on with contract
What is a garnishee order?
Amount owing paid by customers' employer
Seizure of assets
Payment by a 3rd party
Regular payments to court
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?
Invitation to treat
Consideration
Offer
Acceptance
Barry is ordering a takeaway of the telephone, and says he will pay when he picks it up. Which of the following constitutes consideration?
Placing the order
Paying for the order
Saying he will pay for the order
Picking up the order
You are shopping in a supermarket, when is a contract formed?
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
A void contract is a contract that:
Is valid
Can be enforced by law
Can be nullified
Cannot be enforced by law
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?
Monetary damages
Action for the price
Specific performance
Injunction
under the Data Protection Act how many principles are there?
5
8
10
12
What is meant under the Sale of Goods Act if goods are "fit for purpose"
Fully functioning
They are what they are described to be
They are of satisfactory quality
They do what they are expected to do
