Contract law worksheet with answers

In contract law, the "offeree" is:

1. AThe person who makes the offer
2. BThe person to whom an offer is made
3. CA third party who benefits from the contract
4. DThe lawyer who drafts the offer

In English law, revocation of an offer takes effect:

1. AWhen the letter of revocation is posted
2. BOnly after a reasonable notice period
3. CAs soon as the offeror privately decides
4. DWhen it is actually communicated to the offeree

A term that the parties did not state, but which a court reads into the contract, is:

1. AAn implied term
2. BA condition precedent
3. CA collateral warranty
4. DAn express term

A decorator finishes the work but with minor defects that are cheap to fix. Under Hoenig v Isaacs, the decorator is entitled to:

1. AThe full price with no deduction
2. BNothing, because performance was not exact
3. CThe price less the cost of putting the defects right
4. DOnly payment for the materials used

An unusual and onerous term in standard conditions will only be incorporated if:

1. AIt is printed anywhere in the contract documents, however small the type
2. BIt was fairly and reasonably brought to the other party's attention
3. CIt appears on the back of a receipt
4. DThe other party could have found it online

Under EU consumer law, a consumer who buys online usually has the right to withdraw within:

1. A3 days, only with a reason
2. B30 days, only if the goods are defective
3. C14 days without giving a reason
4. DNo time, because online sales are final

Mutual mistake as to the existence of the subject matter (for example the goods no longer exist when contracting) usually makes the contract:

1. AVoidable at either party's option
2. BVoid
3. CFully valid, with the buyer bearing the risk
4. DValid, with compensation set by the court

In Great Peace Shipping v Tsavliris Salvage, the Court of Appeal held that a contract is void for common mistake only if the mistake makes performance:

1. ADifferent from the contract in a minor detail
2. BImpossible or essentially different from what the parties agreed
3. CMore expensive to carry out than both parties had expected when contracting
4. DCommercially less attractive for one party