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Contract Law
1,497 Questions
Contract Law encompasses the rules and statutes governing legally binding agreements between parties. This hub provides practice questions on essential topics like legal obligations, breach of contract, and termination clauses. These concepts are frequently tested in law entrance tests and various other competitive government examinations.
Legal obligationsVoid contractsBreach of contractCommunication of acceptanceStatute of FraudsContract clauses
Contract Law Questions
Which of the following is NOT a key element of a valid negotiation contract?
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Offer
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Acceptance
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Consideration
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Legality
D
Correct answer
Explanation
Legality is not a key element of a valid negotiation contract. The key elements are offer, acceptance, and consideration.
What is the legal doctrine that states that a contract is void if it is entered into under duress or coercion?
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Unconscionability
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Fraud
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Mistake
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Duress
D
Correct answer
Explanation
Duress is the legal doctrine that states that a contract is void if it is entered into under duress or coercion.
What is the legal doctrine that states that a contract is void if one of the parties is mistaken about a material fact?
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Unconscionability
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Fraud
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Mistake
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Duress
C
Correct answer
Explanation
Mistake is the legal doctrine that states that a contract is void if one of the parties is mistaken about a material fact.
What is the legal doctrine that states that a contract is void if it is so one-sided that it is unfair to one of the parties?
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Unconscionability
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Fraud
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Mistake
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Duress
A
Correct answer
Explanation
Unconscionability is the legal doctrine that states that a contract is void if it is so one-sided that it is unfair to one of the parties.
What is the legal doctrine that states that a contract is void if it is entered into for an illegal purpose?
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Unconscionability
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Fraud
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Mistake
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Illegality
D
Correct answer
Explanation
Illegality is the legal doctrine that states that a contract is void if it is entered into for an illegal purpose.
What is the legal doctrine that states that a contract is void if it is entered into by a minor?
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Unconscionability
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Fraud
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Mistake
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Minority
D
Correct answer
Explanation
Minority is the legal doctrine that states that a contract is void if it is entered into by a minor.
What is the legal doctrine that states that a contract is void if it is entered into by a person who is mentally incompetent?
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Unconscionability
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Fraud
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Mistake
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Insanity
D
Correct answer
Explanation
Insanity is the legal doctrine that states that a contract is void if it is entered into by a person who is mentally incompetent.
What is the legal doctrine that states that a contract is void if it is entered into by a person who is intoxicated?
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Unconscionability
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Fraud
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Mistake
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Intoxication
D
Correct answer
Explanation
Intoxication is the legal doctrine that states that a contract is void if it is entered into by a person who is intoxicated.
What is the legal doctrine that states that a contract is void if it is entered into by a person who is under the influence of drugs?
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Unconscionability
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Fraud
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Mistake
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Drug Influence
D
Correct answer
Explanation
Drug Influence is the legal doctrine that states that a contract is void if it is entered into by a person who is under the influence of drugs.
What is the legal doctrine that states that a contract is void if it is entered into by a person who is under the influence of hypnosis?
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Unconscionability
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Fraud
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Mistake
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Hypnosis
D
Correct answer
Explanation
Hypnosis is the legal doctrine that states that a contract is void if it is entered into by a person who is under the influence of hypnosis.
What is the legal doctrine that states that a contract is void if it is entered into by a person who is under the influence of undue influence?
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Unconscionability
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Fraud
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Mistake
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Undue Influence
D
Correct answer
Explanation
Undue Influence is the legal doctrine that states that a contract is void if it is entered into by a person who is under the influence of undue influence.
What is the legal doctrine that states that a contract is void if it is entered into by a person who is under the influence of misrepresentation?
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Unconscionability
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Fraud
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Mistake
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Misrepresentation
D
Correct answer
Explanation
Misrepresentation is the legal doctrine that states that a contract is void if it is entered into by a person who is under the influence of misrepresentation.
What is the legal doctrine that states that a contract is void if it is entered into by a person who is under the influence of duress?
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Unconscionability
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Fraud
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Mistake
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Duress
D
Correct answer
Explanation
Duress is the legal doctrine that states that a contract is void if it is entered into by a person who is under the influence of duress.
What is the legal doctrine that states that a contract is void if it is entered into by a person who is under the influence of coercion?
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Unconscionability
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Fraud
-
Mistake
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Coercion
D
Correct answer
Explanation
Coercion is the legal doctrine that states that a contract is void if it is entered into by a person who is under the influence of coercion.
What is the legal doctrine that states that a contract is void if it is entered into by a person who is under the influence of undue influence?
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Unconscionability
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Fraud
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Mistake
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Undue Influence
D
Correct answer
Explanation
Undue Influence is the legal doctrine that states that a contract is void if it is entered into by a person who is under the influence of undue influence.