PGDL Contract Law 2024/2025 Exam
Questions and Verified Answers |
Already Graded A+
State the three elements required to form a legally binding contract - 🧠ANSWER
✔✔1. Consideration
2. Intention to Create Legal Relations
3. Agreement (O+A)
What must an offer be? - 🧠ANSWER ✔✔1. Valid (Clear, Certain, and Addressed
to the Offeree)
2. Communicated to offeree
3. Not rejected, revoked or lapsed
4. Made with intention to treat
What must acceptance be? - 🧠ANSWER ✔✔1. A mirror image of the offer
2. Made by the offeree in response to the offer
3. Communicated to the offeror
Offeror - 🧠ANSWER ✔✔Person making the offer
Offeree - 🧠ANSWER ✔✔Person to whom the offer is made
Page 1 of 15
COPYRIGHT©JOSHCLAY 2025/2026. YEAR PUBLISHED 2025. COMPANY REGISTRATION NUMBER:
619652435. TERMS OF USE. PRIVACY STATEMENT. ALL RIGHTS RESERVED
, When is there a valid offer? - 🧠ANSWER ✔✔Treitel: An expression of willingness
to contract on specified terms made with the intention that it is to become
legally binding as soon as it is accepted by the person to whom it is addressed
Invitation to treat - 🧠ANSWER ✔✔Preliminary stage of negotiations, not an offer
Adverts - 🧠ANSWER ✔✔The general rule is that an advert is an ITT, not an offer
Invitation to tender - 🧠ANSWER ✔✔The general rule is that an invitation to
tender is an ITT, not an offer
How can an offer be communicated? - 🧠ANSWER ✔✔1. Orally
2. In Writing
3. By Conduct
How can an offer be terminated? - 🧠ANSWER ✔✔1. Rejection
2. Revocation
3. Lapse
Counter-Offer - 🧠ANSWER ✔✔Rejection of the first offer
Request for further information - 🧠ANSWER ✔✔Original offer remains open
Revocation - 🧠ANSWER ✔✔Can occur any time before acceptance
Revocation of a unilateral offer - 🧠ANSWER ✔✔Can be revoked any time before
complete performance
Page 2 of 15
COPYRIGHT©JOSHCLAY 2025/2026. YEAR PUBLISHED 2025. COMPANY REGISTRATION NUMBER:
619652435. TERMS OF USE. PRIVACY STATEMENT. ALL RIGHTS RESERVED
Questions and Verified Answers |
Already Graded A+
State the three elements required to form a legally binding contract - 🧠ANSWER
✔✔1. Consideration
2. Intention to Create Legal Relations
3. Agreement (O+A)
What must an offer be? - 🧠ANSWER ✔✔1. Valid (Clear, Certain, and Addressed
to the Offeree)
2. Communicated to offeree
3. Not rejected, revoked or lapsed
4. Made with intention to treat
What must acceptance be? - 🧠ANSWER ✔✔1. A mirror image of the offer
2. Made by the offeree in response to the offer
3. Communicated to the offeror
Offeror - 🧠ANSWER ✔✔Person making the offer
Offeree - 🧠ANSWER ✔✔Person to whom the offer is made
Page 1 of 15
COPYRIGHT©JOSHCLAY 2025/2026. YEAR PUBLISHED 2025. COMPANY REGISTRATION NUMBER:
619652435. TERMS OF USE. PRIVACY STATEMENT. ALL RIGHTS RESERVED
, When is there a valid offer? - 🧠ANSWER ✔✔Treitel: An expression of willingness
to contract on specified terms made with the intention that it is to become
legally binding as soon as it is accepted by the person to whom it is addressed
Invitation to treat - 🧠ANSWER ✔✔Preliminary stage of negotiations, not an offer
Adverts - 🧠ANSWER ✔✔The general rule is that an advert is an ITT, not an offer
Invitation to tender - 🧠ANSWER ✔✔The general rule is that an invitation to
tender is an ITT, not an offer
How can an offer be communicated? - 🧠ANSWER ✔✔1. Orally
2. In Writing
3. By Conduct
How can an offer be terminated? - 🧠ANSWER ✔✔1. Rejection
2. Revocation
3. Lapse
Counter-Offer - 🧠ANSWER ✔✔Rejection of the first offer
Request for further information - 🧠ANSWER ✔✔Original offer remains open
Revocation - 🧠ANSWER ✔✔Can occur any time before acceptance
Revocation of a unilateral offer - 🧠ANSWER ✔✔Can be revoked any time before
complete performance
Page 2 of 15
COPYRIGHT©JOSHCLAY 2025/2026. YEAR PUBLISHED 2025. COMPANY REGISTRATION NUMBER:
619652435. TERMS OF USE. PRIVACY STATEMENT. ALL RIGHTS RESERVED
