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Jouer Test
1. 
For an agreement to be a contract there must be an intention to create a legal obligation.
A.
True
B.
False
2. 
The requirements for a valid offer are:
A.
It must be reasonably definite, have serious intention, there must be communication of the acceptance.
B.
It must be reasonably definite, have serious intention, and it must be communicated in some form to the offeree.
C.
There must be communication of the acceptance, have serious intention, and it must be communicated in some form to the offeree.
3. 
Legal Object or purpose is the The motivation behind what compels the parties to agree to be legally obligated to each other.
A.
True
B.
False
4. 
How do contracts terminate?
A.
by performance of the contract, by operation of law, by voluntary agreement of the parties.
B.
by impossibility of performance, by acceptance of a breach of contract.
C.
a) and b) are correct.
D.
None of the above.
5. 
If a person is mentally incompetent, but has not been officially declared as such, then any contract made by that person is:
A.
Void
B.
voidable