Contracts Test

Question 1: Which of the following is an essential element for a valid contract?

Question 2: What type of damages are designed to compensate the non-breaching party for the actual loss suffered as a result of the breach?

Question 3: What is the legal term for when both parties to a contract have obligations to fulfill?

Question 4: When one party fails to fulfill their obligations under a contract, what is this called?

Question 5: Which of the following is NOT a valid way to terminate a contract?

Question 6: What is the legal term used when one party forces another party to enter into a contract under extreme conditions?

Question 7: In a contract, what does the term 'consideration' refer to?

Question 8: Which type of contract allows one party to decide whether to fulfill the contractual obligations or not?

Question 9: What doctrine allows a party to withdraw from a contract if the other party fails to adhere to the agreement's terms?

Question 10: Under what circumstance might a contract be deemed unconscionable?

Question 11: Which legal doctrine provides that certain types of contracts must be in writing to be enforceable?

Question 12: What term describes a situation where one person makes a false statement of fact to another person that causes that person to enter into a contract?

Question 13: When a contract is void, it means that the contract is:

Question 14: What type of contract arises from the parties' conduct and not from their words?

Question 15: What term refers to the acceptance of terms of an offer by the offeree in a manner that deviates from the terms of the original offer?

Question 16: Which legal principle applies when a party chooses to accept only a portion of a contract, rather than the full terms offered?

Question 17: What type of contract involves obligations that have not yet been fully performed by the parties?

Question 18: What term describes a situation where one party to a contract purposely fails to fulfill their obligations under the contract?

Question 19: Under what doctrine can a party be relieved of their duties under a contract if an unforeseen event occurs making performance impracticable?

Question 20: What defense allows a party that lacked capacity to contract to avoid the legal obligations of a contract?

Question 21: What term describes when both parties to a contract are mistaken as to the same material fact?

Question 22: Which legal doctrine allows a court to award a party the value of the services or goods provided under a contract that is unenforceable?

Question 23: What is the legal term for ending a contract before full performance by both parties?

Question 24: What defense allows a party to a contract to avoid performance if the other party engages in wrongful conduct before performance is due?

Question 25: Which type of contract imposes an obligation on only one party to the contract?

Question 26: What principle states that a gratuitous promise is not legally enforceable without consideration?

Question 27: Under what circumstance can a contract be discharged by mutual agreement containing a promise to perform a different obligation in satisfaction of the existing obligation?

Question 28: What term refers to the process in which one party transfers their rights under a contract to another party?

Question 29: When one party pays money or provides something of value to induce another party to enter into a contract, what is this called?

Question 30: What doctrine applies when a party is estopped from denying the truth of a certain fact due to their prior conduct or representations?

Question 31: Which legal concept involves one party making a true offer and the other party accepting the offer as it is presented, forming a binding agreement?

Question 32: What type of contract provides that specific elements are laid out and agreed upon in writing, which is then signed by the parties involved?

Question 33: When the terms of a contract are not clear, what rule allows extraneous evidence to be used to clarify the meaning of the terms?

Question 34: What legal doctrine allows a court to impose a contract against a party who receives an unjust benefit as a result of the situation?

Question 35: When a mistake is made in a contract but only one party is mistaken, what type of mistake is this considered?

Question 36: What term describes a situation where one party threatens harm to another party to force them to enter into a contract?

Question 37: In contract law, which term refers to a term or condition that is explicitly specified in the contract?

Question 38: What type of damages are intended to punish a party for particularly bad conduct in a contract?

Question 39: Under what doctrine can a court order specific performance of a contract when monetary damages are inadequate?

Question 40: What principle states that a promise will be enforced even if made without consideration when the promisor should reasonably expect the promise to induce action or forbearance?

Question 41: What principle allows a party to a contract to recover the value of the performance provided before the contract was discharged?

Question 42: In contract law, what term describes the significant and substantial failure of a party to perform their obligations under the contract?

Question 43: What is the legal term for a promise that is made without consideration and is not legally enforceable?

Question 44: What is the legal term for a contract in which the terms are implied or inferred from the parties' conduct, rather than expressly stated?

Question 45: Under what doctrine are certain types of contracts unenforceable unless they are in writing and signed by the party to be charged?

Question 46: What term refers to the legal principle that prevents a party from denying the truth of a statement made by that party previously?

Question 47: What doctrine provides for a contract to be voided if one party did not have the mental capacity to understand the consequences of the agreement?

Question 48: What is the legal term for a contract that is legally binding and fully performed by all parties involved?

Question 49: What term describes an unwarranted threat or pressure imposed on a person to force them to enter into a contract against their will?

Question 50: In contract law, what principle holds that if one party materially breaches a contract, the non-breaching party is excused from performing their own obligations under the contract?

Question 51: What doctrine allows a court to refuse to enforce a contract if it is grossly unfair or oppressive to one party?

Question 52: When a contract is illegal from the beginning and lacks legal effect, what term is used to describe such a contract?

Question 53: In contract law, what term represents a promise to do something that was not previously required by law or prior agreement?

Question 54: What term refers to the legal principle that contractual obligations must be performed exactly as agreed upon?

Question 55: Under what doctrine can a party be held liable for the benefits they received under a contract even if the contract itself is unenforceable?

Question 56: What is the legal term for a contract in which the obligations have been fully performed by both parties?

Question 57: Which type of contract is formed by the acceptance of an offer along with the accompanying exchange of promises?

Question 58: Under the mailbox rule, when is an acceptance of an offer usually considered legally effective?

Question 59: What is the legal term for an agreement where one party agrees not to enforce their legal rights against the other party?

Question 60: What term refers to a situation where one party's obligation to perform their part of the contract is conditional on the occurrence of a specified event?

Question 61: In contract law, what term refers to the act of substituting a new contract for an existing one, with the consent of all parties involved?

Question 62: Which legal doctrine holds that a party should not be permitted to profit from wrongdoing at the expense of another party?

Question 63: When a party performs its obligations under a contract but not in strict compliance with the terms, courts may consider this as _________.

Question 64: What term refers to a promise to keep an offer open for a specified period, preventing the offeror from revoking the offer during that time?

Question 65: Under what principle can a party be excused from performance if the purpose of the contract has been frustrated due to unforeseen circumstances?

Question 66: What type of contract involves a series of separate contract obligations to be fulfilled at different times or under different conditions?

Question 67: What principle allows a court to award damages based on the value of goods or services provided even in the absence of a specific contract?

Question 68: What term describes a contract where one or more parties will suffer a legal detriment if they fail to fulfill their obligations?

Question 69: Under what doctrine can a party be held responsible for the actions or statements of their agent in the context of a contract?

Question 70: What term refers to the legal obligation to act in good faith and deal fairly in contractual relationships?

Question 71: Under contract law, what term is used to describe a contract that has been fully performed by all parties involved?

Question 72: Which legal doctrine allows a court to order a party to fulfill their contractual obligations when monetary damages alone are insufficient?

Question 73: What term refers to a contract provision that releases a party from liability for their own tortious conduct?

Question 74: Under which legal principle is a party legally bound to their promise if the other party relies on the promise to their detriment?

Question 75: In contract law, what type of damages are intended to compensate the non-breaching party for the loss directly resulting from the breach?

Question 76: What defense can render a contract voidable if one party makes a misrepresentation of a material fact that induced the other party to enter into the contract?

Question 77: Under contract law, what term describes a promise for an act done in the past that was not part of a pre-existing duty?

Question 78: What term is used to describe a contract provision that limits a party's liability to a specified amount in the event of a breach?

Question 79: What principle provides that certain types of contracts must be in writing to be enforceable by a court of law?

Question 80: When a party to a contract fails to fulfill some minor part of the agreed-upon obligations, what is this often referred to as in contract law?

Question 81: Under what theory can a contract be invalid or unenforceable if the terms are so unfair or one-sided that they shock the conscience?

Question 82: What doctrine allows a party to recover the value of the work or services performed under a contract that is found to be unenforceable?

Question 83: Which term describes an agreement in which one party promises additional performance in exchange for the other party's original promise?

Question 84: What legal principle governs the rights and liabilities of parties to contracts and ensures fairness in bargaining and fulfillment of contractual obligations?

Question 85: Which term refers to a provision in a contract that sets out the procedures to resolve disputes that may arise during the course of the contract?

Question 86: What doctrine allows a party to assert that the other party's actions or inactions warrant termination of the contract?

Question 87: Under what legal theory can a party be estopped from denying the existence of a contract due to their conduct or representations?

Question 88: What term describes a contract in which one party has the sole discretion to decide whether or not to perform the contractual obligations?

Question 89: Which term refers to the obligation to act in accordance with the requirements of good faith and fair dealing in the performance and enforcement of contracts?

Question 90: What doctrine allows a party to avoid their obligations under a contract if the other party's essential purpose has been frustrated by an unforeseen event?

Question 91: What doctrine allows a court to recognize and enforce an implied promise to pay for benefits received if it is necessary to prevent injustice?

Question 92: Under what doctrine can a contract be declared void if there is a mistake made by both parties as to a basic assumption on which the contract was made?

Question 93: Which principle holds that if a party commits a material breach of contract, the other party is discharged from having to perform their obligations?

Question 94: What term describes a situation where both parties agree to release each other from the obligation to perform under a contract?

Question 95: In contract law, what defense allows a party to avoid enforcement of the contract due to a lack of mental capacity at the time of entering the contract?

Question 96: What term refers to a situation where a new contract is accepted as a discharge of an old contract, releasing the parties from their original obligations?

Question 97: Under what principle can a party be excused from performing their obligations under a contract if performance has become economically impracticable?

Question 98: What term is used to describe a contract that has not yet been fully performed by one or more parties involved?

Question 99: Which legal principle holds that a contract will not be enforced if one party was forced to enter into it due to the wrongful acts of the other party?

Question 100: Under what doctrine can a minor disaffirm a contract made before reaching the age of majority?

Question 101: What is the legal term for the act of substituting a new contract for an existing one, with the consent of all parties involved?

Question 102: Which doctrine allows a court to order a party to fulfill their contractual obligations when monetary damages are deemed inadequate?

Question 103: What term describes a provision that limits a party's liability to a specified amount in case of breach of contract?

Question 104: Under what doctrine can a party be estopped from denying the truth of a statement made by that party previously?

Question 105: What term refers to a situation where one party threatens harm to another to force them into a contract?

Question 106: Which principle allows a party to discontinue their obligations under a contract if the other party's primary purpose has been thwarted by an unforeseen event?

Question 107: What term describes a contract where one party has the sole discretion to decide whether or not to perform their contractual obligations?

Question 108: Under which doctrine can a contract be invalidated if it is so unjust or oppressive that it shocks the conscience?

Question 109: What term refers to a promise to not enforce legal rights against the other party in the contract?

Question 110: Under what doctrine can a party be excused from performance if the purpose of the contract has been compromised by unforeseen circumstances?

Question 111: What legal principle allows a party to recover the value of services rendered in the absence of a valid contract?

Question 112: Under what doctrine can a contract be invalidated if all parties were mistaken about a fundamental fact at the time of contracting?

Question 113: What principle allows a party to be relieved from contractual performance when the other party materially breaches the contract?

Question 114: What term describes a contract clause that excuses liability for certain acts or omissions?

Question 115: Under the doctrine of promissory estoppel, what can prevent a party from revoking certain promises?

Question 116: Which type of damages are awarded to compensate for foreseeable losses resulting from a party's breach?

Question 117: What defense allows a party to avoid a contract due to improper pressure exerted by the other party?

Question 118: What term describes a situation where a party performs its obligations under a contract, but not exactly as specified?

Question 119: Under what doctrine can a minor affirm a contract upon reaching the age of majority?

Question 120: What is the legal term for an agreement where an obligation is imposed on only one party to the contract?

Question 121: What doctrine allows a court to award damages based on the value of work performed under a quasi-contractual theory?

Question 122: Under what doctrine can a party assert that the other party's conduct has made it impossible to uphold their obligations under a contract?

Question 123: What term refers to a situation where a party offers additional performance in exchange for a modification of the original contract?

Question 124: Under the doctrine of good faith, what principle requires parties to act honestly and behave ethically in contractual relationships?

Question 125: What term describes a contract provision limiting a party's liability for certain damages to a specified sum?

Question 126: In contract law, what is the basic exchange where one party promises to act in a certain way in exchange for the other party's promise to do the same?

Question 127: What term refers to a provision in a contract where one party agrees not to enforce legal rights against the other party?

Question 128: Under contract law, what principle dictates that both parties must receive some benefit to form a valid contract?

Question 129: What is the legal doctrine that prevents a party from denying the truth of a statement made by them previously when the other party relies on that statement?

Question 130: What term describes the clause in a contract that sets out the procedures required to resolve disputes arising from the contract?

Question 131: What doctrine allows a court to award damages equivalent to the value of services rendered in the absence of a formal contract?

Question 132: Under what doctrine can a contract be voided due to a mistake made by both parties about an essential fact?

Question 133: What principle holds that if a party commits a major breach of contract, the other party is excused from their obligations under the contract?

Question 134: What term describes a provision in a contract that aims to limit liability for specific acts or omissions?

Question 135: Under the principle of promissory estoppel, what prevents a party from revoking certain promises?

Question 136: Which type of damages compensate for foreseeable losses resulting directly from a party's breach of contract?

Question 137: What defense excuses a party from a contract due to improper coercion by the other party?

Question 138: What term describes a situation where a party fulfills its obligations under a contract, although not precisely as per the agreement?

Question 139: Under what doctrine can a minor validate a contract upon reaching the age of legal capacity?

Question 140: What is the term for a contract where an obligation is imposed on only one party?

Question 141: What legal doctrine allows a party to recover the value of the services provided under a contract that is unenforceable?

Question 142: Under what doctrine can a contract be declared void if both parties were mistaken about a fundamental fact at the time of contracting?

Question 143: What principle allows a party to be excused from contractual performance when the other party severely breaches the contract?

Question 144: What does an exculpatory clause in a contract do?

Question 145: Under the doctrine of promissory estoppel, what can prevent a party from revoking certain promises?

Question 146: Which type of damages compensate for foreseeable losses directly resulting from a party's breach of contract?

Question 147: What defense allows a party to avoid a contract due to improper coercion by the other party?

Question 148: What term describes a situation where a party fulfills its obligations under a contract but not exactly as agreed?

Question 149: Under what doctrine can a minor affirm a contract upon reaching the age of majority?

Question 150: What is the legal term for a contract where an obligation is imposed on only one party?