Contract Law Quiz

the formation of a contract, the essential requirement is that

• there should be a consensus between the contracting parties

• there must be a definite proposal by one party to other

• unqualified acceptance by the other party

• all of the above

Modes for communication of proposal are

• by words

• by conduct

• both a & b

• none of above

An agreement enforceable at law is a

• enforceable acceptance

• accepted offer

• approved promise

• contract

A proposal when accepted becomes

• promise under section 2(b)

• agreement under section 2(e)

• contract under section 2(h)

• none of the above

At the time of the contract the parties must be thinking of the same thing at the same sense. This is also known as

Tender is

• an offer

• an invitation to offer

• a counter offer

• a promise

A contract with or by a minor is a

• valid contract

• void ab intio

• voidable contract

• void at the option of either party

When the consent to the contract is caused by coercion, the contract under section 15 is

• valid

• voidable

• void

• illegal

What comes first in a valid contract is

• Enforceability

• Money

• Force

• None of the above

Parties are not competent to contract if any of them is

• minor

• insane

• declared unqualified

• all the above