Nature of Contract

Section _____ of the Act defines Contract.

• 2(h)

• 2(a)

• 2(b)

• 2(e)

When the proposal is accepted it becomes ________.

• Acceptance

• Promise

• Agreement

• Contract

Offer must create ____ obligation

• legal

• social

• domestic

• all the above

Offer can be expressed, what does it mean?

• Verbal

• Written

• Gesture

• All the above

• Verbal and Written

Agreement is define under section (a)  

Auction Sale is an example of (a)   .

Acceptance needs to be absolute.

• True

• False

 Mental Acceptance is valid.

• True

• False

 General Offer doesn't require communication of acceptance.

• True

• False

A person who accepts a proposal is called (a)   .