Question

when one party to a contract does not do what the contract requires, the individual has committed a what of the contract?
a. breach
b. consideration
c. ratification
d. treaty

which of the following is the correct sequence in the formation of a contract?
a. offer, acceptance, agreement, consideration
b. agreement, consideration, offer, acceptance
c. offer, agreement, acceptance, consideration
d. offer, acceptance, consideration, agreement

Explanation:

First Question (Multiple Choice)

To solve this, we analyze each option:

• Option a: "Breach" means failing to fulfill a contract's terms, which matches the scenario.
• Option b: "Consideration" is something of value exchanged in a contract, not related to non - performance.
• Option c: "Ratification" is approving a contract, not related to non - performance.
• Option d: "Treaty" is an agreement between nations, not relevant to individual contract non - performance.

The correct sequence of contract formation is:

1. Offer: One party proposes terms.
2. Acceptance: The other party agrees to the offer.
3. Agreement: A mutual understanding is reached (after offer and acceptance).
4. Consideration: Something of value is exchanged to make the contract binding.

We check the options:

• Option a: Follows Offer → Acceptance → Agreement → Consideration, which is correct.
• Option b: The order is incorrect as agreement and consideration come after offer and acceptance.
• Option c: The order of agreement and acceptance is wrong.
• Option d: The order of consideration and agreement is wrong.

Answer:

a. Breach

Second Question (Multiple Choice)