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Contract Quiz 02

The document discusses Vietnamese contract law, including the definition of a contract, essential elements, capacity to contract, validity, termination, remedies for breach, and conclusion of sale contracts. A contract under Vietnamese law is a valid and binding agreement between two or more parties that creates legal obligations, provided it meets the requirements of the law and demonstrates the intention to create such obligations. For a contract to be valid, essential elements include offer and acceptance, lawful purpose, and capacity of the parties.

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18 views

Contract Quiz 02

The document discusses Vietnamese contract law, including the definition of a contract, essential elements, capacity to contract, validity, termination, remedies for breach, and conclusion of sale contracts. A contract under Vietnamese law is a valid and binding agreement between two or more parties that creates legal obligations, provided it meets the requirements of the law and demonstrates the intention to create such obligations. For a contract to be valid, essential elements include offer and acceptance, lawful purpose, and capacity of the parties.

Uploaded by

khanh.linh.010120033
Copyright
© © All Rights Reserved
Available Formats
Download as PDF, TXT or read online on Scribd
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1.

What is the legal term for an agreement between two or more parties that creates legal
obligations under Vietnamese law?
a) Contract.
b) Pact.
c) Accord.
d) Treaty.
2. Under Vietnamese law, a contract is considered valid when:
a) It is in writing and signed by both parties.
b) It is verbally agreed upon by both parties.
c) It meets the requirements of the law and shows the intention to create legal obligations.
d) It is approved by a notary public.
3. Which of the following is NOT an essential element of a valid contract under Vietnamese
law?
a) Offer and acceptance.
b) Lawful objects.
c) Competent parties.
d) Witnesses.
4. Can a person with limited legal capacity enter into a contract in Vietnam?
a) Yes, with the assistance or consent of a legal representative.
b) No, a person with limited legal capacity cannot enter into a contract.
c) Yes, as long as the contract is approved by a public notary.
d) Yes, but only if the contract involves small monetary amounts.
5. In Vietnam, a contract concluded under force or fraud is:
a) Void.
b) Valid and enforceable.
c) Voidable at the innocent party's discretion.
d) Invalid only if challenged in court.
6. Which term is used to describe a contract that has no legal effect from the beginning?
a) Void contract.
b) Valid contract.
c) Unilateral contract.
d) Implied contract.
7. Which of the following situations may result in a contract being void under Vietnamese
law?
a) One of the parties lacks legal capacity.
b) The contract involves illegal activities.
c) The contract was entered into under duress or fraud.
d) All of the above.
8. What happens if a contract violates a mandatory provision of Vietnamese law?
a) The contract is void.
b) The contract is voidable at the discretion of the party affected by the violation.
c) The contract remains valid unless challenged in court.
d) The contract is valid and enforceable.
9. What is the general legal age of contractual capacity in Vietnam?
a) 16 years old.
b) 18 years old.
c) 21 years old.
d) 25 years old.
10. According to Vietnamese law, an offer can be revoked by the offeror:
a) Anytime before acceptance is communicated.
b) Only if the offeree has not yet received the offer.
c) Once the offer is communicated to the offeree.
d) After acceptance is communicated.
11. Which of the following is NOT a valid method of accepting an offer under Vietnamese
law?
a) Express acceptance.
b) Implied acceptance through conduct.
c) Silence as acceptance.
d) Acceptance by a third party.
12. In Vietnam, when does acceptance of an offer become effective?
a) When the acceptance is communicated to the offeror.
b) When the acceptance is signed by both parties.
c) When the acceptance is sent by email.
d) When the acceptance is drafted in writing.
13. Can an acceptance modify the terms of the original offer under Vietnamese law?
a) Yes, as long as the modifications are minor.
b) Yes, but only with the approval of the offeror.
c) No, any modifications would be considered a counter-offer.
d) No, acceptance must be an exact mirror image of the offer.
14. Which of the following scenarios would result in the termination of an offer under
Vietnamese law?
a) The offeror's death before acceptance.
b) The offeror's withdrawal of the offer.
c) The offeree's rejection of the offer.
d) All of the above.
15. Can an offer be accepted by silence under Vietnamese law?
a) Yes, if the offeree does not respond within a reasonable time.
b) Yes, if the offer expressly states that silence constitutes acceptance.
c) No, acceptance must be communicated in some form.
d) No, silence is never considered acceptance.
16. Which of the following is NOT a recognized ground for contract termination under
Vietnamese law?
a) Mutual agreement.
b) Breach of contract.
c) Force majeure.
d) Change in market conditions.
17. How can a contract be terminated under Vietnamese law?
a) By mutual agreement of the parties.
b) By operation of law.
c) By breach of contract.
d) All ofthe above.
18. Under Vietnamese law, what does the term "force majeure" refer to in a contract?
a) Breach of contract
b) Unforeseen circumstances beyond the parties' control
c) Invalid contract
d) Late payment
19. What remedies are available to a party in case of contract breach under Vietnamese
law?
a) Termination of the contract
b) Damages
c) Specific performance
d) All of the above
20. What is the legal consequence of a contract being declared void under Vietnamese law?
a) The contract is enforceable
b) The contract is voidable
c) The contract is terminated
d) The contract is modified
21. Which party has the right to terminate a contract if the other party fails to perform its
obligations?
a) Buyer
b) Seller
c) Both parties
d) Only the court can terminate a contract
22. In Vietnam, a sale contract can be concluded through which of the following methods?
a) Oral agreement.
b) Written agreement.
c) Electronic communication.
d) All of the above.

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