Contract law worksheet with answers

Minors (under 18) entering contracts are generally:

1. AProtected, so many of their contracts are not enforceable against them
2. BBound in exactly the same way as adults, unless their parents object in writing
3. CNever able to make any contract
4. DLiable only if their parents sign too

Who can usually enforce a contract?

1. AOnly lawyers
2. BOnly the state
3. CThe parties to the contract
4. DAnyone who hears about it or is affected by it

Anticipatory breach occurs when:

1. AA party breaches a term that has not yet been agreed
2. BA party shows, before performance is due, that it will not perform
3. CA party performs earlier than the agreed date
4. DAn expert predicts, before performance is due, that a party will probably breach

A buyer is told false figures about a business and is offered documents that would reveal the truth, but does not read them. Under Redgrave v Hurd:

1. AThe buyer can still rely on the misrepresentation
2. BThe buyer loses all remedies by failing to check
3. CThe misrepresentation becomes a term
4. DThe buyer can claim only half the loss

Sailors are promised extra wages for sailing a ship home after two crew members desert, but they do no more than their contract already required. In Stilk v Myrick the promise was:

1. AUnenforceable because it was made at sea
2. BUnenforceable for lack of consideration
3. CEnforceable as a practical benefit
4. DEnforceable because the captain agreed freely

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

1. ANever, in any circumstances
2. BOnly if signed by a company director
3. COnly if it satisfies the requirement of reasonableness
4. DAlways, because businesses can bargain freely

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

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

1. AContinue performing until the contract ends naturally on its agreed date
2. BWait for a court order before stopping performance
3. CPay a penalty to the party in breach
4. DClearly communicate the decision to accept the repudiation