Level 1 – Page 7

BCL – L1 – SA – Q43 – Contract Law

Classification of a contract to pay if a house burns.

Question

A contract to pay Benjamin GH¢10,000 if Benjamin’s house is burnt – This is a

A. Wagering agreement

B. Void

C. Voidable agreement

D. Contingent contract

E. Contract of guarantee

Answer

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Tags: Contingent Contract, Contract Types, Wagering Agreement
Level: Level 1

Topic: Contract Law

BCL – L1 – SA – Q42 – Contract Law

Validity of a contract with an alien enemy.

Question

An agreement made with an alien enemy is

A. Unlawful on the ground of public policy

B. Unlawful because it becomes difficult to be performed

C. Valid

D. Voidable

Answer

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Tags: Alien Enemy, Contract Validity, Public Policy
Level: Level 1

Topic: Contract Law

BCL – L1 – SA – Q41 – Contract Law

What constitutes an offer in a contract.

Question

Which of the following result in an offer-

A. A declaration of intention

B. An invitation to offer

C. An advertisement offering reward to anyone who finds lost dog of the advertiser

D. An offer made in a joke

Answer

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Tags: Advertisement, Contract Formation, Offer
Level: Level 1

Topic: Contract Law

BCL – L1 – SA – Q40 – Alternative Forms of Business Organisations

Liability in a partnership.

Question

In general, Partnership entails which one of the following liabilities?

A. Unlimited Liability

B. Limited Liability

C. No Liability at all

D. Both A and C

Answer

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Tags: Business organisations, Liability, Partnership
Level: Level 1

Topic: Alternative forms and constitutions of business organisations

BCL – L1 – SA – Q39 – Sale of Goods

Classification of contingent goods.

Question

Contingent goods belong to ____ goods?

A. Existing

B. Future

C. Contingent

D. None of these

Answer

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Tags: Contingent Goods, Contract Terms, Sale of Goods
Level: Level 1

Topic: Sale of Goods

BCL – L1 – SA – Q38 – Contract Law

Validity of a contract caused by fraud or coercion.

Question

An agreement that is caused by fraud, misrepresentation & coercion is

A. Voidable

B. Partially Void

C. Valid

D. All of these

E. None of these

Answer

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Tags: Fraud, Misrepresentation, Voidable Contract
Level: Level 1

Topic: Contract Law

BCL – L1 – SA – Q37 – Sources of Law

Categories of public law.

Question

Public Law is divided into ____ categories?

A. Three

B. Four

C. Two

D. None of these

Answer

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Tags: Law Categories, Legal Classification, Public Law
Level: Level 1

Topic: Sources of Law

BCL – L1 – SA – Q36 – Agency

Role a minor can play in contracts.

Question

A minor can be an

A. Surety

B. Agent

C. Partner

D. All of these

E. None of these

Answer

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Tags: Agency, Contract Capacity, Minor, Partnership
Level: Level 1

Topic: Agency

BCL – L1 – SA – Q35 – Negotiable Instruments

Number of parties in a promissory note.

Question

How many parties are there to a Promissory note?

A. Two parties

B. One party

C. Four party

D. Three parties

E. None of these

Answer

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Tags: Contract Law, Parties, Promissory Note
Level: Level 1

Topic: Negotiable Instruments

BCL – L1 – SA – Q34 – Contract Law

Type of breach in a contract.

Question

A breach of contract can be of ____ breach.

A. Discharged

B. Illegal

C. Void

D. None of these

Answer

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Tags: Breach of Contract, Contract Validity, Legal Terms
Level: Level 1

Topic: Contract Law

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BCL – L1 – SA – Q43 – Contract Law

Classification of a contract to pay if a house burns.

BCL – L1 – SA – Q42 – Contract Law

Validity of a contract with an alien enemy.

BCL – L1 – SA – Q41 – Contract Law

What constitutes an offer in a contract.

BCL – L1 – SA – Q40 – Alternative Forms of Business Organisations

Liability in a partnership.

BCL – L1 – SA – Q39 – Sale of Goods

Classification of contingent goods.

BCL – L1 – SA – Q38 – Contract Law

Validity of a contract caused by fraud or coercion.

BCL – L1 – SA – Q37 – Sources of Law

Categories of public law.

BCL – L1 – SA – Q36 – Agency

Role a minor can play in contracts.

BCL – L1 – SA – Q35 – Negotiable Instruments

Number of parties in a promissory note.

BCL – L1 – SA – Q34 – Contract Law

Type of breach in a contract.

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