Question 1

The capacity of a minor to contract is now a question of statute wholly governed by the Minors' Contracts Act 1987.

Accepted Answer

A) True 
 B)False  False

Question 2

If Arya, 14, borrows £100 from Bran, which Cersei guarantees, and Arya's contract with Bran is unenforceable because of her minority, Bran can nonetheless sue Cersei as guarantor for the £100.

Accepted Answer

A) True 
 B)False  True

Question 3

Max is a minor who owns 7 pairs of expensive soccer boots. He agrees to buy another pair from Penelope, but refuses to pay upon delivery. Is Max likely to have to pay for the shoes?

Accepted Answer

A) True 
 B)False

Question 4

Two years ago, John, then aged 16, entered into a contract with Jane, then aged 20. John has now turned 18 and wishes to be bound by the contract. Which of the following steps must he take in order to accomplish this? Please select all that apply.

Accepted Answer

A)   John must ratify the contract.
B)   John must provide fresh consideration.
C)   John must get Jane to provide fresh consideration.
D)   John does not need to do anything because the contract became automatically binding on him on his 18th birthday.E) C) and D)
F) A) and C)

Question 5

Which of the following is regarded as a reasonable time after majority during which the right to repudiate may be exercised?

Accepted Answer

A)   A week
B)   A month
C)   A year
D)   None of the options provided are correct.E) A) and B)
F) None of the above D

Question 6

If a public authority enters into a contract by acting beyond the scope of its statutory powers, the contract will be voidable.

Accepted Answer

A) True 
 B)False

Question 7

Which of the following options accurately describe the law on incapacity in light of the Mental Capacity Act 2005? Please select all that apply.

Accepted Answer

A)   A person is presumed to be of full capacity unless proven otherwise.
B)   Temporary impairments of the mind which prevent a person from making a decision for himself are able to ground a claim for incapacity.
C)   A person may be treated as being unable to make a decision if his age and appearance would lead a reasonable person to believe that he lacked mental capacity.
D)   A person who lacks the capacity to contract is exempt from paying for necessary goods and services.E) A) and B)
F) A) and C)

Question 8

If A contracts with B plc knowing that the contract in question is outside the scope of B plc's constitution, A can nonetheless enforce the contract.

Accepted Answer

A) True 
 B)False

Exam 20: Capacity

The capacity of a minor to contract is now a question of statute wholly governed by the Minors' Contracts Act 1987.

Correct Answer
verified
False

If Arya, 14, borrows £100 from Bran, which Cersei guarantees, and Arya's contract with Bran is unenforceable because of her minority, Bran can nonetheless sue Cersei as guarantor for the £100.

Correct Answer
verified
True

Max is a minor who owns 7 pairs of expensive soccer boots. He agrees to buy another pair from Penelope, but refuses to pay upon delivery. Is Max likely to have to pay for the shoes?

Correct Answer
verified

Two years ago, John, then aged 16, entered into a contract with Jane, then aged 20. John has now turned 18 and wishes to be bound by the contract. Which of the following steps must he take in order to accomplish this? Please select all that apply.

Correct Answer
verified

Which of the following is regarded as a reasonable time after majority during which the right to repudiate may be exercised?

Correct Answer
verified
D

If a public authority enters into a contract by acting beyond the scope of its statutory powers, the contract will be voidable.

Correct Answer
verified

Which of the following options accurately describe the law on incapacity in light of the Mental Capacity Act 2005? Please select all that apply.

Correct Answer
verified

If A contracts with B plc knowing that the contract in question is outside the scope of B plc's constitution, A can nonetheless enforce the contract.

Correct Answer
verified

Exam 20: Capacity

The capacity of a minor to contract is now a question of statute wholly governed by the Minors' Contracts Act 1987.

Correct AnswerverifiedFalse

If Arya, 14, borrows £100 from Bran, which Cersei guarantees, and Arya's contract with Bran is unenforceable because of her minority, Bran can nonetheless sue Cersei as guarantor for the £100.

Correct AnswerverifiedTrue

Max is a minor who owns 7 pairs of expensive soccer boots. He agrees to buy another pair from Penelope, but refuses to pay upon delivery. Is Max likely to have to pay for the shoes?

Correct AnswerverifiedShow Answer

Two years ago, John, then aged 16, entered into a contract with Jane, then aged 20. John has now turned 18 and wishes to be bound by the contract. Which of the following steps must he take in order to accomplish this? Please select all that apply.

Correct AnswerverifiedShow Answer

Which of the following is regarded as a reasonable time after majority during which the right to repudiate may be exercised?

Correct AnswerverifiedD

If a public authority enters into a contract by acting beyond the scope of its statutory powers, the contract will be voidable.

Correct AnswerverifiedShow Answer

Which of the following options accurately describe the law on incapacity in light of the Mental Capacity Act 2005? Please select all that apply.

Correct AnswerverifiedShow Answer

If A contracts with B plc knowing that the contract in question is outside the scope of B plc's constitution, A can nonetheless enforce the contract.

Correct AnswerverifiedShow Answer

Correct Answer
verified
False

Correct Answer
verified
True

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified
D

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified