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BBA-LLB — free MCQ practice

Choose from 30 questions across 1 subjects and 3 topics. Open any question for its answer and worked solution, or keep learning through bite-sized lessons and reviews with Quill.

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BBA-LLB subjects

Legal Studies (30)

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Contract Law BasicsLaw DegreeLegal Studies

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Two firms sign an agreement the courts will enforce. Such an agreement is a:Read the answer and worked solution →A proposal showing an intent to enter a contract is called an:Read the answer and worked solution →Agreeing to be bound by all the terms proposed is called:Read the answer and worked solution →A buyer says yes but changes one term. Acceptance fails because it must cover:Read the answer and worked solution →

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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