1.Easy
An offer with no stated time limit lapses:
- AAfter exactly seven days
- BNever, unless revoked
- CAt midnight on the day it is made
- DAfter a reasonable time
2.Easy
Which equitable remedy corrects a written contract so it records what the parties actually agreed?
- ARescission
- BQuantum meruit
- CSpecific performance
- DRectification
3.Easy
Under the UK Consumer Rights Act 2015, goods supplied by a trader to a consumer must be:
- ACovered by a five-year manufacturer guarantee against all defects
- BBrand new and in their original packaging
- COf satisfactory quality, fit for purpose and as described
- DSold below the recommended retail price
4.Medium
At an auction in England, the contract of sale is completed when:
- AThe auctioneer puts the item up for sale
- BThe buyer collects the goods
- CThe bidder makes the highest bid
- DThe auctioneer brings down the hammer
5.Medium
A misrepresentation is:
- AA promise about future behaviour that is not kept, even if honestly made
- BAn opinion that turns out to be wrong
- CA false statement of fact that induces someone to enter a contract
- DSilence about any fact at all
6.Medium
An unusual and onerous term in standard conditions will only be incorporated if:
- AIt is printed anywhere in the contract documents, however small the type
- BIt was fairly and reasonably brought to the other party's attention
- CThe other party could have found it online
- DIt appears on the back of a receipt
7.Hard
In Carlill v Carbolic Smoke Ball Co, the court held that the advertisement was:
- AA mere advertising puff with no legal effect, since no one could take it seriously
- BA contract only with the newspaper
- CA unilateral offer that could be accepted by performing the conditions
- DAn invitation to treat
8.Hard
Which statement about the parol evidence rule is correct?
- AOral contracts are always invalid
- BCourts must accept any later oral statement as overriding the express written terms of the contract
- CWritten contracts can never be interpreted
- DEvidence outside a written contract is generally not admitted to add to or vary its terms
Answer key
- 1. D · After a reasonable time
- 2. D · Rectification
- 3. C · Of satisfactory quality, fit for purpose and as described
- 4. D · The auctioneer brings down the hammer
- 5. C · A false statement of fact that induces someone to enter a contract
- 6. B · It was fairly and reasonably brought to the other party's attention
- 7. C · A unilateral offer that could be accepted by performing the conditions
- 8. D · Evidence outside a written contract is generally not admitted to add to or vary its terms
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