The quiz was taken by an online book by Richard Stone and James Devenney
1) Which of the following principles would you identify as central to the classical law of contract?
It took a few minutes for Deb to finally answer B. It was freedom of contract.
Well that was easy, she thought.
2) Which of the following characteristics did not form part of the classical theory of contract?
She knew for that the answer was D. It was fairness. It should count but it didn't.
3) Which of the following does not form part of the law of obligations?
Deb thought a minute about that. Then she realized the answer was D. It was Judicial review.
4. Which of the following jurisdiction is most important in influencing the development of the English law of contract?
"EU," she said softly.
She had just heard it on her way to the college. She put down A.
5. What is meant by Economic Analysis of Law?
That one was tough. Finally she settled on A.
The concept that economic considerations should inform the law. She wasn't 100 percent sure but Grayson said to trust your first gut feeling.
The next question was about classical law which she just heard about. It was a body of rules developed in the 19th centaury. Deb knew the meaning of freedom of contract. It meant that the parties were free to determine their own contract.
8. Which of the following is not the subject matter of contract law
Deb paused only a moment before she put D combatting disadvantages.
9. What are the Principles of European Contract Law (PECL)?
Deb knew the answer was A. It was an attempt to bring common and Civil law together.
10. What is the primary aim of the law of restitution?
She knew this one. Grayson just had a case on it.
C to prevent unfair enrichment.
Last question.
11. In contract law what do we mean by empirical research?
(A) investigating what happens in practice between contracting parties