1. Which of the following principles would you identify as central to the classical law of contract?

A. Freedom of information    
B. Freedom of contract
C. Freedom from oppression 
D. Consumer protection

2. Which of the following characteristics did not form part of the classical theory of contract?

A. Exchange of promises
B. Freedom of contract
C. Executionary nature of contracts 
D. Fairness

3. Which of the following does not form part of the law of obligations?

A. Contract    
B. Tort
C. Restitution 
D. Judicial Review

4. Which of the following jurisdiction is most important in influencing the development of the English law of contract?

A. EU    
B. USA
C. Commonwealth Nations
D. France

5. What is meant by Economic Analysis of Law?

A. The concept that economic considerations should inform the law    
B. The concept that prices ought to be considered in judgments
C. The concept that the costs of litigation affect legal change 
D. The concept that law is distinct from economics

Answers:      1 (B), 2 (D), 3 (D), 4 (A), 5 (A)

Apply for Certification

https://www.vskills.in/certification/Contract-Law-Certification