Contract law worksheet with answers

Which equitable remedy corrects a written contract so it records what the parties actually agreed?

1. ASpecific performance
2. BRescission
3. CQuantum meruit
4. DRectification

According to Derry v Peek, a misrepresentation is fraudulent if the maker:

1. AMade a profit from the contract that followed
2. BMade it in a written document
3. CMade it carelessly and without checking the facts, though honestly believing it
4. DKnew it was false, did not believe it, or was reckless whether it was true

A counter-offer has which effect on the original offer?

1. AIt has no effect at all
2. BIt rejects and ends the original offer
3. CIt accepts the original offer
4. DIt makes the original offer irrevocable

Sailors are promised extra wages for sailing a ship home after two crew members desert, but they do no more than their contract already required. In Stilk v Myrick the promise was:

1. AEnforceable as a practical benefit
2. BUnenforceable because it was made at sea
3. CUnenforceable for lack of consideration
4. DEnforceable because the captain agreed freely

An unusual and onerous term in standard conditions will only be incorporated if:

1. AIt is printed anywhere in the contract documents, however small the type
2. BIt was fairly and reasonably brought to the other party's attention
3. CThe other party could have found it online
4. DIt appears on the back of a receipt

A buyer is told false figures about a business and is offered documents that would reveal the truth, but does not read them. Under Redgrave v Hurd:

1. AThe buyer loses all remedies by failing to check
2. BThe buyer can still rely on the misrepresentation
3. CThe misrepresentation becomes a term
4. DThe buyer can claim only half the loss

A contract states it can be varied only in signed writing. The parties later agree an oral variation. In MWB Business Exchange v Rock Advertising, the Supreme Court held:

1. AThe variation was effective as it had consideration
2. BThe oral variation was effective, because parties can always vary orally
3. CThe oral variation was ineffective, because the clause was binding
4. DThe clause was void as against public policy

A council writes that it "may be prepared to sell" a house to a tenant and invites a formal application. The tenant applies, then the council changes its policy. In Gibson v Manchester City Council, the House of Lords held:

1. AThe council was bound by estoppel to sell
2. BA contract was formed when the council's letter was sent to the tenant
3. CA contract was formed when the tenant applied
4. DThere was no contract, because the letter was not an offer