Contract Law 2026 Exam
Questions with 100% Correct
Answers | Latest Update
Under English law, must a contract to sell land be in writing? - 🧠ANSWER
✔✔Yes, contracts for the sale or disposition of land must be made in
writing to be valid.
Must a contract of guarantee be in writing under English law? - 🧠ANSWER
✔✔Yes, a contract of guarantee must be in writing and signed by the
guarantor or their authorised agent.
,Are consumer credit agreements required to be in writing under English
law? - 🧠ANSWER ✔✔Yes, regulated consumer credit agreements must be
in writing and comply with statutory formalities.
Is a contract to purchase a business required to be in writing under English
law? - 🧠ANSWER ✔✔No, there is no legal requirement for business
purchase contracts to be in writing, though it is advisable.
Must an offer be in writing to be valid under the law of contract? -
🧠ANSWER ✔✔No, an offer does not need to be in writing; it must be
communicated, certain, and show an intention to contract.
Is a retailer's advertisement of goods on a website considered a legal
offer? - 🧠ANSWER ✔✔No, it is an invitation to treat. The customer's order
constitutes the offer, which the retailer may accept or reject.
When a customer brings an item to the till in a shop, is this considered an
offer? - 🧠ANSWER ✔✔Yes, the customer is making an offer to buy, which
the retailer can accept or reject at the point of sale.
Can an advertisement offering £50,000 to anyone who completes a
challenge be a valid offer? - 🧠ANSWER ✔✔Yes, this is a unilateral offer. If
, someone completes the specified act, the advertiser is legally bound to
pay.
Is a product brochure or price list in a showroom an offer? - 🧠ANSWER
✔✔No, it is an invitation to treat. It invites customers to make offers to
purchase
Is a general statement of willingness to buy at list price without details an
offer? - 🧠ANSWER ✔✔No, it is an enquiry. It lacks certainty and key terms
required to form a binding offer.
Is a prize draw offer for completing an action (e.g. test drive) a unilateral
offer? - 🧠ANSWER ✔✔Yes, it is a unilateral offer. Acceptance occurs
through performance of the requested act.
Is a detailed proposal to buy a specified car for a named price a valid offer?
- 🧠ANSWER ✔✔Yes, it is an offer to form a bilateral contract that can be
accepted by a promise.
What is the legal effect of a seller proposing a new price instead of
accepting a buyer's offer? - 🧠ANSWER ✔✔It is a counteroffer and also a
rejection of the original offer.
COPYRIGHT©JOSHCLAY 2025/2026. YEAR PUBLISHED 2025. COMPANY REGISTRATION NUMBER: 619652435. TERMS OF USE. PRIVACY
3
STATEMENT. ALL RIGHTS RESERVED
Questions with 100% Correct
Answers | Latest Update
Under English law, must a contract to sell land be in writing? - 🧠ANSWER
✔✔Yes, contracts for the sale or disposition of land must be made in
writing to be valid.
Must a contract of guarantee be in writing under English law? - 🧠ANSWER
✔✔Yes, a contract of guarantee must be in writing and signed by the
guarantor or their authorised agent.
,Are consumer credit agreements required to be in writing under English
law? - 🧠ANSWER ✔✔Yes, regulated consumer credit agreements must be
in writing and comply with statutory formalities.
Is a contract to purchase a business required to be in writing under English
law? - 🧠ANSWER ✔✔No, there is no legal requirement for business
purchase contracts to be in writing, though it is advisable.
Must an offer be in writing to be valid under the law of contract? -
🧠ANSWER ✔✔No, an offer does not need to be in writing; it must be
communicated, certain, and show an intention to contract.
Is a retailer's advertisement of goods on a website considered a legal
offer? - 🧠ANSWER ✔✔No, it is an invitation to treat. The customer's order
constitutes the offer, which the retailer may accept or reject.
When a customer brings an item to the till in a shop, is this considered an
offer? - 🧠ANSWER ✔✔Yes, the customer is making an offer to buy, which
the retailer can accept or reject at the point of sale.
Can an advertisement offering £50,000 to anyone who completes a
challenge be a valid offer? - 🧠ANSWER ✔✔Yes, this is a unilateral offer. If
, someone completes the specified act, the advertiser is legally bound to
pay.
Is a product brochure or price list in a showroom an offer? - 🧠ANSWER
✔✔No, it is an invitation to treat. It invites customers to make offers to
purchase
Is a general statement of willingness to buy at list price without details an
offer? - 🧠ANSWER ✔✔No, it is an enquiry. It lacks certainty and key terms
required to form a binding offer.
Is a prize draw offer for completing an action (e.g. test drive) a unilateral
offer? - 🧠ANSWER ✔✔Yes, it is a unilateral offer. Acceptance occurs
through performance of the requested act.
Is a detailed proposal to buy a specified car for a named price a valid offer?
- 🧠ANSWER ✔✔Yes, it is an offer to form a bilateral contract that can be
accepted by a promise.
What is the legal effect of a seller proposing a new price instead of
accepting a buyer's offer? - 🧠ANSWER ✔✔It is a counteroffer and also a
rejection of the original offer.
COPYRIGHT©JOSHCLAY 2025/2026. YEAR PUBLISHED 2025. COMPANY REGISTRATION NUMBER: 619652435. TERMS OF USE. PRIVACY
3
STATEMENT. ALL RIGHTS RESERVED
