Contract Law Questions With Accurate Answers.
Under English law, must a contract to sell land be in writing? - accurate
answers-Yes, contracts for the sale or disposition of land must be made in
writing to be valid.
Must a contract of guarantee be in writing under English law? - accurate
answers-Yes, a contract of guarantee must be in writing and signed by the
guarantor or their authorized agent.
Are consumer credit agreements required to be in writing under English law?
- accurate answers-Yes, regulated consumer credit agreements must be in
writing and comply with statutory formalities.
Is a contract to purchase a business required to be in writing under English
law? - accurate answers-No, there is no legal requirement for business
purchase contracts to be in writing, though it is advisable.
Must an offer be in writing to be valid under the law of contract? - accurate
answers-No, an offer does not need to be in writing; it must be communicated,
certain, and show an intention to contract.
Is a retailer's advertisement of goods on a website considered a legal offer? -
accurate answers-No, it is an invitation to treat. The customer's order
constitutes the offer, which the retailer may accept or reject.
When a customer brings an item to the till in a shop, is this considered an
offer? - accurate answers-Yes, the customer is making an offer to buy, which
the retailer can accept or reject at the point of sale.
Can an advertisement offering £50,000 to anyone who completes a challenge
be a valid offer? - accurate answers-Yes, this is a unilateral offer. If someone
completes the specified act, the advertiser is legally bound to pay.
Is a product brochure or price list in a showroom an offer? - accurate answers-
No, it is an invitation to treat. It invites customers to make offers to purchase
Is a general statement of willingness to buy at list price without details an
offer? - accurate answers-No, it is an enquiry. It lacks certainty and key terms
required to form a binding offer.
, Is a prize draw offer for completing an action (e.g. test drive) a unilateral
offer? - accurate answers-Yes, it is a unilateral offer. Acceptance occurs
through performance of the requested act.
Is a detailed proposal to buy a specified car for a named price a valid offer? -
accurate answers-Yes, it is an offer to form a bilateral contract that can be
accepted by a promise.
What is the legal effect of a seller proposing a new price instead of accepting a
buyer's offer? - accurate answers-It is a counteroffer and also a rejection of
the original offer.
What is the status of a counteroffer that has not yet been accepted? - accurate
answers-It may be revoked by the offeror before acceptance, and it also
constitutes a rejection of the prior offer.
Is placing an order for goods with stated terms considered an offer? - accurate
answers-Yes, placing an order with specific terms is an offer to contract on
those terms.
What is the legal effect of accepting an order but insisting on different terms? -
accurate answers-It is a counteroffer, which rejects the original offer and
proposes new terms.
Can acceptance be inferred from delivery and receipt of goods without further
objection? - accurate answers-Yes, taking delivery of goods without objection
can constitute acceptance of the counteroffer by conduct.
Is a contract made by a 16-year-old for a holiday binding under English law? -
accurate answers-No, it is a voidable contract. Contracts made by minors are
generally not binding unless for necessaries or beneficial employment.
Is a domestic agreement between a parent and child (e.g. allowance during
studies) legally binding? - accurate answers-No, domestic arrangements are
presumed not to create legal relations and are not enforceable contracts.
Is an agreement between housemates involving rent and shared bills a
binding contract? - accurate answers-Yes, if the agreement involves money
Under English law, must a contract to sell land be in writing? - accurate
answers-Yes, contracts for the sale or disposition of land must be made in
writing to be valid.
Must a contract of guarantee be in writing under English law? - accurate
answers-Yes, a contract of guarantee must be in writing and signed by the
guarantor or their authorized agent.
Are consumer credit agreements required to be in writing under English law?
- accurate answers-Yes, regulated consumer credit agreements must be in
writing and comply with statutory formalities.
Is a contract to purchase a business required to be in writing under English
law? - accurate answers-No, there is no legal requirement for business
purchase contracts to be in writing, though it is advisable.
Must an offer be in writing to be valid under the law of contract? - accurate
answers-No, an offer does not need to be in writing; it must be communicated,
certain, and show an intention to contract.
Is a retailer's advertisement of goods on a website considered a legal offer? -
accurate answers-No, it is an invitation to treat. The customer's order
constitutes the offer, which the retailer may accept or reject.
When a customer brings an item to the till in a shop, is this considered an
offer? - accurate answers-Yes, the customer is making an offer to buy, which
the retailer can accept or reject at the point of sale.
Can an advertisement offering £50,000 to anyone who completes a challenge
be a valid offer? - accurate answers-Yes, this is a unilateral offer. If someone
completes the specified act, the advertiser is legally bound to pay.
Is a product brochure or price list in a showroom an offer? - accurate answers-
No, it is an invitation to treat. It invites customers to make offers to purchase
Is a general statement of willingness to buy at list price without details an
offer? - accurate answers-No, it is an enquiry. It lacks certainty and key terms
required to form a binding offer.
, Is a prize draw offer for completing an action (e.g. test drive) a unilateral
offer? - accurate answers-Yes, it is a unilateral offer. Acceptance occurs
through performance of the requested act.
Is a detailed proposal to buy a specified car for a named price a valid offer? -
accurate answers-Yes, it is an offer to form a bilateral contract that can be
accepted by a promise.
What is the legal effect of a seller proposing a new price instead of accepting a
buyer's offer? - accurate answers-It is a counteroffer and also a rejection of
the original offer.
What is the status of a counteroffer that has not yet been accepted? - accurate
answers-It may be revoked by the offeror before acceptance, and it also
constitutes a rejection of the prior offer.
Is placing an order for goods with stated terms considered an offer? - accurate
answers-Yes, placing an order with specific terms is an offer to contract on
those terms.
What is the legal effect of accepting an order but insisting on different terms? -
accurate answers-It is a counteroffer, which rejects the original offer and
proposes new terms.
Can acceptance be inferred from delivery and receipt of goods without further
objection? - accurate answers-Yes, taking delivery of goods without objection
can constitute acceptance of the counteroffer by conduct.
Is a contract made by a 16-year-old for a holiday binding under English law? -
accurate answers-No, it is a voidable contract. Contracts made by minors are
generally not binding unless for necessaries or beneficial employment.
Is a domestic agreement between a parent and child (e.g. allowance during
studies) legally binding? - accurate answers-No, domestic arrangements are
presumed not to create legal relations and are not enforceable contracts.
Is an agreement between housemates involving rent and shared bills a
binding contract? - accurate answers-Yes, if the agreement involves money
