Certainty of Terms: Definition and Terminology

Instructions:

Choose an answer and hit 'next'. You will receive your score and answers at the end.

question 1 of 3

There are several main elements necessary to form a legally binding contract. Which of the following is NOT one of these elements?

Create Your Account To Take This Quiz

As a member, you'll also get unlimited access to over 79,000 lessons in math, English, science, history, and more. Plus, get practice tests, quizzes, and personalized coaching to help you succeed.

Try it risk-free
Try it risk-free for 30 days. Cancel anytime
Already registered? Log in here for access

1. There are certain requirements of a legally valid offer. Which of the following is NOT a requirement?

2. When a court determines whether the terms are definite, it will look at the key elements of the offer. Which of the following is NOT usually a key element?

Create your account to access this entire worksheet
A Premium account gives you access to all lesson, practice exams, quizzes & worksheets
Access to all video lessons
Quizzes, practice exams & worksheets
Certificate of Completion
Access to instructors
Create an account to get started Create Account

About This Quiz & Worksheet

Certainty of terms is essential while building a legally binding contract. The quiz will test your understanding of the necessary elements for a contract to be enforceable by a court.

Quiz & Worksheet Goals

The assessment will help you develop an understanding of:

  • Requirements of a legally binding contract
  • Components of a defined contract
  • Characteristics of a valid offer

Skills Practiced

  • Reading comprehension - ensure that you draw the most important information from the lesson on certainty of terms
  • Interpreting information - verify that you can read information regarding legally binding contracts and interpret it correctly
  • Defining key concepts - ensure that you can accurately define the necessary elements of a contract
  • Knowledge application - use your knowledge to answer questions about legally binding contracts

Additional Learning

Read the accompanying lesson on Certainty of Terms: Definition and Terminology for more in-depth information and to meet the following objectives:

  • Define the elements of a contract
  • Define key factors of a valid offer
  • Understand definite and certain terms
  • Understand essential terms
Support