NOTE.--_The following questions are given as an indication of
the sort of knowledge a student ought to possess after a careful
study of the course. The student is advised to write out the
answers. Only such answers need be attempted as can be framed
from the lessons._
1. (_a_) What is a contract? (_b_) What is the difference between a
simple and a special contract? (_c_) What contracts can be made
by a minor? When and how can he ratify them? (_d_) If a person
makes a contract to work for one year and breaks it after working
six months can he collect six months' wages? (_e_) Give
illustrations of six different kinds of contracts.
2. (_a_) When is it necessary that contracts be in writing? (_b_) In
what case is a failure of consideration a good defence to a
contract? (_c_) Is a consideration required to make an offer
binding? (_d_) Is the delivery of goods essential to make a sale
complete?
3. (_a_) What are the different kinds of warranties? (_b_) Suppose A
should buy goods and pay for them, but not take them away, and
afterward B should buy them and take them away--could A recover
the goods from B?
4. (_a_) What is the difference between a public and a private
carrier? (_b_) Must a public carrier take everything offered?
(_c_) What rules of liability apply to common carriers, and how
can they be modified?