CA Foundation · Businesslaw · Odd One Out — Contract Law

Exercise and reference answers

Questions

1. Items

   1. Offer
   2. Photograph
   3. Acceptance
   4. Consideration

   Reason

   Photograph is not an essential of a valid contract; the others are.

   Odd item

   Photograph

2. Items

   1. Free Consent
   2. Competent Parties
   3. Verbal Contract Only
   4. Lawful Object

   Reason

   Contracts may be oral or written; 'verbal only' is NOT required.

   Odd item

   Verbal Contract Only

3. Items

   1. Coercion
   2. Undue Influence
   3. Fraud
   4. Mistake of fact (mutual)

   Reason

   Mistake makes a contract void (not voidable); the others make it voidable at the option of the aggrieved party.

   Odd item

   Mistake of fact (mutual)

4. Items

   1. Personal Diary
   2. Express Contract
   3. Implied Contract
   4. Quasi-Contract

   Reason

   A personal diary is not a class of contracts.

   Odd item

   Personal Diary

Instructions

Tap the item that doesn't belong with the others.