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CONTRACT LAW EXAM 2025 QUESTIONS AND ANSWERS
CONTRACT LAW EXAM 2025 QUESTIONS AND ANSWERS
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CONTRACT LAW
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CONTRACT LAW
CONTRACT LAW EXAM 2025 QUESTIONS AND ANSWERS
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| Uploaded on: | September 8, 2025 |
| Last updated: | September 8, 2025 |
| Number of pages: | 9 |
| Written in: | 2025/2026 |
| Type: | Exam (elaborations) |
| Contains: | Questions & Answers |
| Tags: | CONTRACT LAW EXAM 2025 QUESTIONS AND ANSWERS |
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CONTRACT LAW EXAM 2025 QUESTIONS AND ANSWERS Elements of a valid contract - ....ANSWER ...-Five elements: (1) Offer (2) Acceptance (3) Consideration (4) Intention to create legal relations (5) Certainty Offer - ....ANSWER ...-A clear and specific promise to be bound by terms if accepted Invitation to treat - ....ANSWER ...-Not an offer - e.g., adverts, goods on display Termination of offer - ....ANSWER ...-Offer can end by: revocation (before acceptance), rejection, counter-offer, lapse of time, or death (in some cases) Acceptance - ....ANSWER ...-Clear, unqualified agreement to all terms of the offer Mirror image rule - ....ANSWER ...-Acceptance must exactly match the offer Communication of acceptance - ....ANSWER ...-Must be communicated unless accepted by conduct ....COPYRIGHT ©️ 2025 ALL RIGHTS RESERVED...TRUSTED & VERIFIED 1
