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.

For teachers: free to print, copy and use in class. Every new worksheet has new values and its own answer key. A link to ExamProblems on your course page is appreciated.

Name: ____________________   Date: ____________

1.Easy

A shop displays a jacket with a price tag in its window. In English law this is usually:

  1. AAn acceptance
  2. BAn invitation to treat
  3. CA unilateral contract
  4. DA binding offer to sell at that price
2.Easy

Which statement about silence as acceptance is correct in general?

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

Rescission of a contract means:

  1. AOrdering a party to perform as promised
  2. BSetting the contract aside so the parties return to their original positions
  3. CCorrecting the wording of a written contract
  4. DEnding the contract for the future only and claiming damages for lost profits
4.Medium

A sailor is to be paid only on completing a voyage, but dies part of the way. Under the strict rule applied in Cutter v Powell:

  1. AThe full wages were payable
  2. BThe ship owner had to pay compensation
  3. CNothing was recoverable for the part performed
  4. DA proportion of the wages was payable
5.Medium

In English law, the "postal rule" means an acceptance sent by post takes effect:

  1. AWhen the letter is read
  2. BWhen the letter arrives
  3. CWhen the letter is posted
  4. DWhen the offeror replies
6.Medium

Under UCTA 1977, a business-to-business clause excluding liability for property damage caused by negligence is valid:

  1. AAlways, because businesses can bargain freely
  2. BOnly if it satisfies the requirement of reasonableness
  3. CNever, in any circumstances
  4. DOnly if signed by a company director
7.Hard

An innocent party who terminates a contract for repudiatory breach must generally:

  1. AWait for a court order before stopping performance
  2. BPay a penalty to the party in breach
  3. CClearly communicate the decision to accept the repudiation
  4. DContinue performing until the contract ends naturally on its agreed date
8.Hard

A chartered ship is returned late, and the owner loses a very profitable follow-on charter. In The Achilleas, the House of Lords held the charterer was liable:

  1. AOnly for the market rate difference during the overrun period
  2. BFor punitive damages, because the delay was deliberate
  3. CFor no loss, because late return is not a breach
  4. DFor the whole profit lost on the follow-on charter, as it was foreseeable

Answer key

  1. 1. B · An invitation to treat
  2. 2. D · Silence usually does not count as acceptance
  3. 3. B · Setting the contract aside so the parties return to their original positions
  4. 4. C · Nothing was recoverable for the part performed
  5. 5. C · When the letter is posted
  6. 6. B · Only if it satisfies the requirement of reasonableness
  7. 7. C · Clearly communicate the decision to accept the repudiation
  8. 8. A · Only for the market rate difference during the overrun period

Full step-by-step solutions: practise this topic on examproblems.com.