Practice Unenforceable (3.4) - General Principles of Contracts Management

Practice: Unenforceable

Lesson 3.4General Principles of Contracts Management

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8 questions

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2 cards from this section. Quick, good the night before a test.
Exercise
6 questions · about 4 min · pass mark 70%. Hints available.
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Quiz
2 questions · about 1 min · pass mark 70%. Hints available.
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6 sample questions

Question 1.
What is an unenforceable contract?
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Think about the requirements for contracts to be valid.
Question 2.
Name one reason a contract could be unenforceable.
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Consider examples of contracts that often need a written form.
3Question 3.
What makes a contract unenforceable?
- Lack of mutual consent
- Absence of legal formalities
- Incorrect signatures
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Remember the key aspects required for contract validity.
4Question 4.
True or False: An unenforceable contract can still have mutual consent.
- True
- False
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Consider the elements of a valid contract.
Question 5.
Consider a scenario where a business verbally agrees to provide services worth $1,500 but fails to document the agreement. Evaluate the enforceability of this contract and discuss legal implications.
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Recall the rules about contracts exceeding monetary amounts requiring documentation.
Question 6.
Draft a sample contract for a freelance project that includes elements that must be enforced legally. Identify parts that could lead to unenforceability if omitted.
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Use guidance from our previous lectures on contract essentials.

4 more questions in this section. Enroll free to practise them all.