Test yourself

An agreement must contain certain essential elements to be regarded as a contract. Write TRUE or FALSE next to them 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.)