Contract law worksheet with answers

What is the most common remedy for breach of contract?

1. AA fine paid to the state
2. BAutomatic transfer of all the defendant's assets
3. CImprisonment
4. DDamages

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

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

An offer with no stated time limit lapses:

1. ANever, unless revoked
2. BAfter exactly seven days
3. CAfter a reasonable time
4. DAt midnight on the day it is made

An acceptance is sent by telex and arrives in the offeror's office during working hours. Under Entores v Miles Far East, acceptance takes effect:

1. AWhen the offeror reads it a week later
2. BWhen it is confirmed by post
3. CWhen it is received by the offeror
4. DWhen it is sent by the offeree

A former wife sues for maintenance her ex-husband promised, relying only on promissory estoppel because she gave no consideration. In Combe v Combe:

1. AShe succeeded, because the promise was made in writing
2. BShe failed, because family agreements are never legally binding on either party
3. CShe succeeded, because she relied on the promise
4. DShe failed, because promissory estoppel is a shield, not a sword

A boiler is delivered late to a laundry. The seller knew it was needed for the business but not about especially lucrative dyeing contracts. Under Victoria Laundry v Newman, the laundry recovers:

1. AAll lost profits, including those from the especially lucrative dyeing contracts
2. BOnly the price it paid for the boiler
3. CNothing, because all lost profits are too remote
4. DOrdinary lost profits, but not the profits from the special contracts

An act done before a promise was made can still be good consideration if:

1. AIt was valuable to the promisor when it was done
2. BThe later promise was made in writing
3. CThe act was done within one year before the promise and was of some value to the promisor
4. DIt was requested, payment was understood, and the promise would otherwise be enforceable

Asked to "telegraph lowest cash price" for a property, the owner replies "Lowest price £900". The enquirer then telegraphs that he accepts. In Harvey v Facey:

1. AThe reply was a counter-offer, which the enquirer's telegram then accepted
2. BThere was a contract at £900
3. CThere was a contract at a reasonable price
4. DThere was no contract, because stating a lowest price was not an offer