Test yourself

An agreement must contain certain essential elements to be regarded as a contract. Choose TRUE or FALSE on the list below.


1.  recitals (1 p.)

2.  offer (1 p.)

3.  capacity to contract (1 p.)

4.  parties (1 p.)

5.  operative provisions (1 p.)

6.  consideration (1 p.)

7.  boilerplate clauses (1 p.)

8.  acceptance (1 p.)

9.  assignment (1 p.)

10.  intention (1 p.)

11.  delivery of goods/services (1 p.)

12.  definitions (1 p.)