CILEx L3 Contract Law

Question 1

Which of the following is NOT an essential element required to form a valid contract?

Accepted Answer

A written document

Answer

Offer and acceptance

Answer

Consideration

Answer

Intention to create legal relations

Question 2

In Carlill v Carbolic Smoke Ball Company [1893], the court held that the advertisement was:

Accepted Answer

A unilateral offer to the whole world

Answer

An invitation to treat

Answer

A bilateral offer

Answer

A mere puff with no legal effect

Question 3

What is the postal rule as established in Adams v Lindsell (1818)?

Accepted Answer

Acceptance takes effect when the letter is posted, not when it is received

Answer

An offer sent by post takes effect when received

Answer

A contract by post must be in writing to be valid

Answer

Revocation of an offer is effective when posted

Question 4

Which case established that past consideration is not valid consideration?

Accepted Answer

Re McArdle (1951)

Answer

Currie v Misa (1875)

Answer

Stilk v Myrick (1809)

Answer

Pinnel's Case (1602)

Question 5

What is the effect of a misrepresentation that induces a party to enter into a contract?

Accepted Answer

The contract is voidable at the option of the innocent party

Answer

The contract is automatically void

Answer

The contract remains valid but damages are payable

Answer

The contract is illegal and unenforceable

Question 6

Under the Consumer Rights Act 2015, which of the following terms is implied into every contract for the supply of goods to a consumer?

Accepted Answer

Goods must be of satisfactory quality

Answer

Goods must be delivered within 24 hours

Answer

Goods must be the cheapest available

Answer

Goods must come with a manufacturer's warranty