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Congratulations - you have completed MCQs on Contract Law .
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Question 1 |
offers as defined under section 2(a).....
A | all of the above |
B | communication one person to another |
C | willingness to do or abstain from doing act |
D | one person give a suggestion to another |
Question 1 Explanation:
when one person→ signifies to →another his willingness to do/to abstain from →doing anything,
he is said to make a offer.
Question 2 |
Every promise and every set of promises, forming the consideration for each others, is an...
A | agreement |
B | acceptance |
C | offer |
D | contract |
Question 2 Explanation:
agreement (according to the section 2(e) of ICA ,1872 'Every promise and every set of promises, forming the consideration for each other, is an agreement.'
Question 3 |
under section 2 (c )promisor is the...
A | person who make the proposal |
B | person the whom the proposal is made |
C | person who makes accepts the proposal |
D | person who makes the promise |
Question 3 Explanation:
Sec. 2(c)t→ the person making→ the proposal→ is called→ the promiser
Question 4 |
In a valid contract what comes first?
A | promise |
B | acceptance |
C | enforceability |
D | proposal |
Question 4 Explanation:
First step of contract is proposal or offer.
Then another party accept the offer it’s become a promise
Then promise has consideration then its become an agreement
An Agreement which in enforceable by law that is Valid Contract.
Question 5 |
void agreement signifies....
A | agreement not enforceable by law |
B | agreement violation legal procedure |
C | agreement illegal in nature |
D | agreement against public policy |
Question 5 Explanation:
“Void agreement→ not enforceable by law →Accorrding to section 2(g) of Indian Contract act.
Question 6 |
An Agreement which is enforceable by law is a...
A | approved promise |
B | contract |
C | accepted offer |
D | enforceable acceptance
|
Question 6 Explanation:
(according to section 2(h) of ICA 1872 'an agreement enforceable by law is a contract.'
Question 7 |
which is correct?
A | promise + consideration= agreement |
B | all the above |
C | agreement + enforceability=contract |
D | proposal + acceptance= promise |
Question 7 Explanation:
For Option (A) According to Section 2(B) →of the Indian Contract Act, 1872, →when the person to whom →the proposal is made signifies →his assent →the proposal → to be accepted.
A proposal→ accepted→ becomes a promise.
For Option (B), section 2(e), defines an agreements as→ "every promise→ every set of promise→, forming the consideration →for each other→ an agreement."
A promise→ essentially→ an offer/a proposal→ made by→ a person/an entity→ towards another
For Option (C)The Indian Contract Act, 1872→ defines the term →“Contract” under →its section 2 (h) as→ “An agreement→ enforceable→ by law”.
Question 8 |
Promises which form the consideration or part of the consideration for each others are called...
A | cross offers |
B | reciprocal promises |
C | conditional offer |
D | conditional promises. |
Question 8 Explanation:
(according to the section 2(f) of ICA ,1872, → 'Promises which form →the consideration or part of the consideration →for each other are called →reciprocal promises.'
Question 9 |
An agreement not enforceable by law is stated to be void under....
A | section 2(d)] |
B | section 2(e) |
C | section 2(g) |
D | section 2(f) |
Question 9 Explanation:
“An agreement
↓
not enforceable by law
↓
is said to be void.
Question 10 |
under section 2 (c) promise is the...
A | person who makes the promise |
B | person who make the proposal |
C | person the whom the proposal is made |
D | person who makes accepts the proposal |
Question 10 Explanation:
the person→ accepting→ the proposal→ called→ promisee
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that was too good
It was nice practice quiz 🙂
Thank you so much and for more learning keep joining our internship program for contract law.
My thoughts are much more clear after this test.
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