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 9, 2025 |
Number of pages: | 32 |
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 What is a contract? - ....ANSWER ...-A contract is an agreement between two or more parties which is binding in law. This means that the agreement creates rights and obligations which the courts may enforce. What is a deed? - ....ANSWER ...-A type of contract. They must be "signed, sealed, delivered" to be valid. Used when no consideration is being exchanged. What is a simple contract? - ....ANSWER ...-A type of contract. Every other contract that is not a deed. What is executorty consideration? - ....ANSWER ...-Also known as future consideration. Where there is a promise to do something in the future. Both parties have not yet "executed" their promise. ....COPYRIGHT ©️ 2025 ALL RIGHTS RESERVED...TRUSTED & VERIFIED 1