General knowledge
30 QUESTIONS
Q1. What is the function of consideration?
A) Restriction of non-gratuitous promises
B) So that you cannot accept offers
C) That I give so that you may give
D) That there are no formal restrictions
E) To restrict contract law
Q2. What is the consideration in a unilateral contract?
A) The benefit to the party making the promise
B) That you get money for your promise
C) That there is an exchange of goods
D) That there is some right or interest exchanged
E) That you get your dog back and some money as well
Q3. Which case defined what a valuable consideration is?
A) Stilk v Myrick
B) Williams v Roffey Bros
C) Currie v Misa (1875)
D) Barber v Fox (1682)
E) Re Wyvern Developments Ltd [1974]