Quiz on Contract in Travel Industries

Under the Contract Act 1950, an offer must be communicated to the

• Offeror

• Offeree

• Offered

• Offender

Which Section of the Contract Act 1950 defines acceptance?

• Section 2(a)

• Section 2(b)

• Section 2(h)

• Section 2(n)

What is the legal term for an offer that is open to public, such as a reward for a lost item?

• Bilateral offer

• Unilateral offer

• Invitation to treat

• Multilateral offer

What is the key difference between an invitation to treat and offer?

• An invitation to treat is legally binding.

• An offer is final proposal that can be accepted.

• An invitation to treat must be in writing.

• An offer does not require communication.

Which of the following scenarios best illustrates an invitation to treat?

• A hotel listing its room rates online.

• A customer making an online booking for a hotel room.

• A seller offering to sell a house at a fixed price.

• A contract signed between a travel agency and a customer.

In contract law, a counter-offer results in

• Automatic acceptance of the original offer.

• A new offer that cancels the original offer.

• A legally binding contract.

• A rejection of the agreement.

What does the term "consideration" in a contract mean?

• A promise without conditions.

• The legal intention of both parties.

• Something of value exchanged between the parties.

• A verbal agreement between two parties.

If a minor enters into a contract for non-essential goods, what is the legal status of the contract?

• Valid and enforceable.

• Voidable at the minor's option.

• Automatically binding.

• Enforceable against the minor only.

Why did the court in Merrit v Merrit hold that there was an intention to create legal relations?

• The contract was written and signed.

• The parties were not in a good marital relationship.

• The contract was based on business dealings.

• The agreement involved a third party.

Which of the following persons is not competent to make a contract?

• An insane person

• An illiterate farmer

• A 19-year student

• A 88-year-old woman