Contract law worksheet with answers

Which statement about silence as acceptance is correct in general?

1. ASilence counts as acceptance after 24 hours
2. BSilence always counts as acceptance
3. CSilence counts as acceptance if the offeror says so
4. DSilence usually does not count as acceptance

A unilateral contract is one in which:

1. AOnly one party signs the written document, so only that party is bound by it
2. BOnly one party is allowed to terminate it
3. COne party promises something in return for the other performing an act
4. DThe terms are imposed by statute on one party

An offeree asks whether the offeror would accept delivery in two parts, without rejecting the original terms. This is:

1. AA revocation
2. BA request for information
3. CAn acceptance
4. DA counter-offer

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

A contract made under duress may be:

1. AAutomatically valid with no remedy
2. BAvoided (set aside) by the pressured party
3. CEnforced against the pressured party in every case
4. DTurned into a criminal offence only

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

A carrier, knowing a small company depends on its deliveries to supply a major customer, refuses to continue unless paid a higher minimum price. The company agrees as it has no alternative. In Atlas Express v Kafco:

1. AThe new agreement was not binding, due to economic duress
2. BThe new agreement was binding as a free variation
3. CThe new agreement was binding, as the carrier's continued performance was a practical benefit
4. DThe carrier committed a crime of extortion

Liquidated damages clauses are enforceable in English law when:

1. AThey are set as high as possible, so that they deter either party from breaching
2. BThey are agreed orally only
3. CThey protect a legitimate interest and are not out of all proportion to it
4. DOnly the party in breach benefits from them