Contract law worksheet with answers

Free printable Contract law worksheet: 8 problems from easy to exam level, with an answer key. Print it or save it as a PDF.

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Name: ____________________   Date: ____________

1.Easy

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

  1. ARescission
  2. BSpecific performance
  3. CQuantum meruit
  4. DRectification
2.Easy

Which elements are generally needed to form a contract?

  1. AA witness for each party
  2. BAn offer and an acceptance, with the intention to be legally bound
  3. CA payment made in advance
  4. DA written document signed by both parties and certified by a notary
3.Easy

In English law, a term whose breach allows termination only if the consequences are serious is called:

  1. AA representation
  2. BAn innominate (intermediate) term
  3. CA condition
  4. DA warranty
4.Medium

A doctor selling his practice truthfully states its income, but the income falls sharply before the contract is signed and he says nothing. This is:

  1. AA mere opinion about future income
  2. BA misrepresentation, because he should have corrected the statement
  3. CA breach of an implied condition of quality
  4. DNot a misrepresentation, because the statement was true when it was made
5.Medium

What is consideration in common law contracts?

  1. ACareful thought before signing
  2. BThe intention to create legal relations shown by both parties
  3. CSomething of value given in exchange for a promise
  4. DThe written form of a contract
6.Medium

What is an exclusion clause?

  1. AA term that excludes third parties from the contract
  2. BA clause allowing termination at any time
  3. CA term that excludes a party from paying VAT
  4. DA term that limits or excludes one party's liability
7.Hard

A wife guarantees her husband's business debts to a bank. Under RBS v Etridge (No 2), the bank should normally:

  1. AObtain confirmation that a solicitor has advised her
  2. BSeek a court's approval of the guarantee
  3. CRefuse the guarantee unless she has her own income
  4. DHave the husband explain the risks to her
8.Hard

A client repudiates an advertising contract the same day it is made. The agency ignores this, displays the adverts for the full period and sues for the price. In White and Carter v McGregor:

  1. AThe agency had to obtain a court order first
  2. BThe agency could recover nothing
  3. CThe agency could only claim damages after mitigating
  4. DThe agency could recover the full price

Answer key

  1. 1. D · Rectification
  2. 2. B · An offer and an acceptance, with the intention to be legally bound
  3. 3. B · An innominate (intermediate) term
  4. 4. B · A misrepresentation, because he should have corrected the statement
  5. 5. C · Something of value given in exchange for a promise
  6. 6. D · A term that limits or excludes one party's liability
  7. 7. A · Obtain confirmation that a solicitor has advised her
  8. 8. D · The agency could recover the full price

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