Business Law Quiz Summer 2026 Question Paper

Daffodil International University Faculty of Business and Entrepreneurship Department of Business Administration Program: BBA Semester: Summer 2026 Time: Course Code: 0421-215 Sections: 68 D Examination: Quiz 1 Full Marks: 5 Course Title: Business Law Teacher’s Name: NTH 1. List any five essential elements of a valid contract with examples. (CLO 1, Level I) 2. Explain the idea of “possibility of performance” as an essential element of a valid contract. Give one example of an agreement that is impossible from the beginning and explain why such an agreement cannot be enforced. (CLO 2, Level II) 3. Two friends, A and B, agree that A will help B prepare for exams every weekend, and B will treat A to dinner after the exams. Later, B refuses to give any dinner. Apply the rule on intention to create legal relations to answer whether A can sue B for breach of contract. (CLO 3, Level III) 4. Analyze the concept of ‘Invitation to treat’ in contract law pointing out how it differs from an offer , with reference to catalogues, display of goods and auctioneer’s calls for bids, and briefly state with illustration when an advertisement may be treated as a real offer. (CLO 4, Level IV)