Business law

Every promise and every set of

promises, forming the consideration

• Agreement

• Offer

• Acceptance

In a contract of indemnity , minimum no of parties are

• 4

• 2

• 3

An agreement enforceable by law is

• Agreement

• Surety

• Contract

An agreement become a contract if:

• It is free Consent of the parties

• It is enforceable by law

• None of these

The correct sequence in the formation

of a contract is:

• Offer, acceptance,agreement,conserdiation

• Offer, consideration, acceptance, agreement

• Offer,Acceptance,consideration agreement

The contract which is breach can be?

• Anticipatory

• Void

• Actual

The person who is representative of agent is

• Middlemen

• Owner

• Principal

Law is either private law or public law

• Public

• Private

• Family

A breach of contract can be of_ breach.

• Illegal

• Void

• Discharge

The ratification done by an agent is for -.

• Part of contract

• Whole contract

• A and B