contract act

contract act

1st Grade

20 Qs

quiz-placeholder

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contract act

contract act

Assessment

Quiz

Other

1st Grade

Practice Problem

Medium

Created by

Sushma Shetty

Used 21+ times

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20 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A contract is any ______________ between two or more parties which is enforceable by law

Offer

Acceptance

Promise

Agreement

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

An agreement & contract are one and the same thing

True

False

Depends on situation

None of these

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Law of contract deals with

Taxation

Law of transfer

Laws of ownership

Enforcement of obligations arising from agreement

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

An agreement enforceable by law is

Offer

Obligation

contract

promise

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

In indian contract act, the term con-sensus and idem means

Parties under a mistake

Parties under free consent

Parties agreeing upon the same thing in same sense

Nonne of these

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Agreement is a

Promise

Contract

Enforceable by law

none of the above

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

As per Indian contract act 1872, what is an agreement not enforceable by law?

Executes contract

Valid contract

Void contract

Quasi contract

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