Contract law worksheet with answers

Under English law, a minor who is supplied with necessaries must pay:

1. AOnly if a parent signed the contract
2. BA reasonable price for them
3. CDouble the contract price
4. DNothing, because minors are never bound

A "voidable" contract is one that:

1. ACan only be ended by both parties agreeing together to cancel it
2. BIs a criminal agreement and illegal
3. CIs valid until the affected party chooses to set it aside
4. DNever had any legal effect at all

Which English statute allows a third party to enforce a contract term in some cases?

1. ALaw Reform (Frustrated Contracts) Act 1943
2. BContracts (Rights of Third Parties) Act 1999
3. CUnfair Contract Terms Act 1977
4. DMisrepresentation Act 1967

A builder makes a swimming pool shallower than agreed. It is still safe and no less valuable, and rebuilding would cost far more than any benefit. In Ruxley Electronics v Forsyth the owner received:

1. AThe full cost of rebuilding the pool
2. BA full refund of the contract price
3. CNothing, as there was no loss in value
4. DA modest sum for loss of amenity

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

A supplier receives a draft agreement, never signs or returns it, but both sides trade on its terms for years. A court is likely to find:

1. AA contract accepted by conduct
2. BA void agreement for lack of certainty
3. CNo contract, because nothing was signed
4. DA contract only for the first delivery

Under the EU Unfair Terms Directive, a non-negotiated consumer contract term is unfair if:

1. AIt was written in small font
2. BContrary to good faith, it causes a significant imbalance to the consumer's detriment
3. CThe consumer did not read it
4. DIt benefits the trader in any way, even where the consumer's rights are not significantly affected

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