Contract law worksheet with answers

In English law, a promise made in a deed is enforceable even without:

1. ADelivery of the deed
2. BConsideration
3. CWriting
4. DA signature

Rescission of a contract means:

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

Under the Unfair Contract Terms Act 1977, a business cannot exclude or restrict liability for:

1. ALoss of profit caused by a supplier
2. BAny damage to the other party's property
3. CDeath or personal injury caused by negligence
4. DLate delivery of goods in a business sale

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

1. A14 days without giving a reason
2. B30 days, only if the goods are defective
3. CNo time, because online sales are final
4. D3 days, only with a reason

A holiday company provides a holiday far below the promised standard. Can the customer recover damages for disappointment?

1. AOnly if the company acted dishonestly
2. BYes, because the contract's purpose was to provide enjoyment
3. COnly if the customer suffered a physical injury
4. DNo, because mental distress is never recoverable in contract

A fishing company receives fewer licences than it needs and chooses to assign them to its other ships, not the chartered one. In Maritime National Fish v Ocean Trawlers the charter was:

1. AVoid, because licences were a condition precedent
2. BFrustrated by the government licensing decision
3. CSuspended until more licences were issued
4. DNot frustrated, because the problem was self-induced

In a unilateral contract, once the offeree has started to perform the requested act:

1. AThe offeree becomes bound to complete performance
2. BThe full reward becomes payable immediately
3. CThe offeror generally cannot revoke while performance continues
4. DThe offeror can still revoke at any time before performance is completed

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:

1. AThe agreement itself was not legally binding
2. BThe agreement was a deed and binding
3. CThe agreement was binding despite those words
4. DThe agreement was void as illegal