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Contract Law Quiz 1

QuestionAnswer
If an attorney accepts money from you (even $1!), they can offer you attorney/client privilege. The money in this contract is referred to as: Consideration
If an offeree is under the influence of drugs/alcohol when they sign a contract, the contract is voidable based on lack of: Capacity
Clauses in contracts that offer solutions to potential problems the offeror & offeree may encounter are called: Remedies
If a landlord doesn't fulfill his/her promise outlined in the contract, they can be found guilty of a: Breach
An acceptance occurs when: A party to whom an offer has been made agrees to the proposal.
During a settlement negotiation, the proposal that follows another's is called: Counteroffer
If you enter into a contract of your own free will, the contract satisfies: Genuine Assent
If you try to force someone into a contract, you may be found guilty of: Undue influence or duress
Created by: leighmichelsen