Competency to Contract

Competency to Contract

University

10 Qs

quiz-placeholder

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Competency to Contract

Competency to Contract

Assessment

Quiz

Arts

University

Practice Problem

Medium

Created by

KAMAL RAJ MOHAN

Used 1+ times

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10 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

Who among the following is capable of entering into a valid contract?

A Major who attains the age of 18

A Person of Sound Mind

A Person who is not disqualified by any Law

All of the above

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the term for a person who has the legal capacity to enter into a contract?

Disqualified Person

Minor

Competent Person

Incompetent Person

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A Minor cannot be a promisor, but he/she can be a ___________

Offeror

Promisee

Proposor

None of the above

4.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Which of the following is not correct?

Minor can be an agent

Minor cannot become a partner

Minor is liable to pay for the necessary goods

Minor can be adjudged as insolvent

5.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

A Person of unsound mind includes __________

An Idiot

A Lunatic

Drunken or Intoxicated Person

All of the above

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A ___________ can enter into a valid contract durng the lucid period.

A Female

A Lunatic

A Drunken person

A Minor

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A person who is not an Indian  citizen and whose country is at war with the Republic of India is called ______________.

Foreigner

Alien Enemy

Ambassador

None of the above

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