1.Easy
A counter-offer has which effect on the original offer?
- AIt rejects and ends the original offer
- BIt makes the original offer irrevocable
- CIt accepts the original offer
- DIt has no effect at all
2.Easy
A vague sales claim such as "the best coffee in the world" is usually treated as:
- AA condition of the contract
- BA mere puff with no legal effect
- CA fraudulent misrepresentation
- DAn implied warranty of quality
3.Easy
A unilateral contract is one in which:
- AOne party promises something in return for the other performing an act
- BOnly one party is allowed to terminate it
- CThe terms are imposed by statute on one party
- DOnly one party signs the written document, so only that party is bound by it
4.Medium
A contract made under duress may be:
- ATurned into a criminal offence only
- BEnforced against the pressured party in every case
- CAutomatically valid with no remedy
- DAvoided (set aside) by the pressured party
5.Medium
What is an exclusion clause?
- AA term that excludes third parties from the contract
- BA term that excludes a party from paying VAT
- CA term that limits or excludes one party's liability
- DA clause allowing termination at any time
6.Medium
Under EU consumer law, a consumer who buys online usually has the right to withdraw within:
- A14 days without giving a reason
- B30 days, only if the goods are defective
- C3 days, only with a reason
- DNo time, because online sales are final
7.Hard
A seller agreed to ship goods from Sudan to Hamburg. The Suez Canal was closed, so the ship had to go round the Cape of Good Hope, a much longer route. In Tsakiroglou v Noblee Thorl:
- AThe contract was frustrated, as shipping via the usual Suez route had become impossible
- BThe buyer had to pay the extra freight costs
- CThe contract was void from the start
- DThe contract was not frustrated, as the longer route was not fundamentally different
8.Hard
A distribution agreement says it is not a formal or legal agreement and is "binding in honour only". In Rose and Frank v Crompton, the court held:
- AThe agreement was binding despite those words
- BThe agreement was void as illegal
- CThe agreement was a deed and binding
- DThe agreement itself was not legally binding
Answer key
- 1. A · It rejects and ends the original offer
- 2. B · A mere puff with no legal effect
- 3. A · One party promises something in return for the other performing an act
- 4. D · Avoided (set aside) by the pressured party
- 5. C · A term that limits or excludes one party's liability
- 6. A · 14 days without giving a reason
- 7. D · The contract was not frustrated, as the longer route was not fundamentally different
- 8. D · The agreement itself was not legally binding
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