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B.Com-LLB Legal Studies — practice by topic

Browse 30 questions across 3 Legal Studies topics. Choose what you want to revise, then open a question to check its answer and worked solution.

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Legal Studies topics

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Worked practice questions

Two firms sign an agreement the courts will enforce. Such an agreement is a:

  1. Contract
  2. Contour
  3. Contest
  4. Content
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Correct answer: A. Contract

1. Two or more parties have agreed. 2. The law will stand behind the promise. 3. That is a contract. _Source: OpenStax Business Law I Essentials 2e, Chapter 7, Contract Law._

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A proposal showing an intent to enter a contract is called an:

  1. Outlay
  2. Offer
  3. Order
  4. Organ
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Correct answer: B. Offer

1. One side speaks first. 2. The proposal shows a willingness to be bound. 3. That first step is an offer. _Source: OpenStax Business Law I Essentials 2e, Chapter 7, Contract Law._

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Agreeing to be bound by all the terms proposed is called:

  1. Acceptance
  2. Attendance
  3. Assistance
  4. Allowance
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Correct answer: A. Acceptance

1. The second party must say yes. 2. Consent must cover every term. 3. That is acceptance. _Source: OpenStax Business Law I Essentials 2e, Chapter 7, Contract Law._

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How to practise

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