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WorksheetsContract Act
Total questions: 20
Worksheet time: 10mins
Which of the following is not an essential element of a valid contract?
Offer and acceptance
Free consent and consideration
Lawful object
Performance
What is the essential component of a consideration?
Move at the desire of the promisor
Must be real
Must be lawful
All of these
A general offer open for world at large can be accepted
by sending a communication of acceptance
by complying with the conditions of offer
by tendering himself to the comply the conditions of offer
none of these
Where both the parties to an agreement are under mistake as to a matter of fact, which is essential to the agreement, the agreement is:
Valid
Voidable
Illegal
Void
Identical offers made by two parties to each other, in ignorance of each other’s offer are known as
Counter offer
Cross-offers
Standing offer
None of the above
Who among the following is not disqualified by law to enter into a contract? (1) A Major Person (2) A Lunatic (3) Insolvent person (4) Diplomatic Staff of foreign state
2 & 3
3 & 4
1 & 4
1 & 2
Moral Pressure is involved in the case of _________.
Misrepresentation
Coercion
Undue Influence
Fraud
X sells the goodwill of his retail store to Y for Rs.5 lakhs and promises not to carry on the same business forever and anywhere in India. Is the agreement:
Valid
Void
Voidable
Illegal
Agreement consists of reciprocal promises between at least _________
three parties
six parties
four parties
two parties
What type of contract is illustrated in the example, when contract is classified on the basis of formation - the finder of lost goods, to find out the owner and return the goods?
Quantum Meruit
Quasi Contract
Nudum Pactum
Consensus ad idem
Goods displayed in a shop with a price tag is an ______
Offer
Invitation to an offer
counter offer
none of these
How can an acceptance to an offer be made?
Written words
Spoken words
Conduct
All of these
Which essential of valid offer is missing in the example- A says to B "I will sell you a car"?
Offer may be express
The terms of an offer must be clear
The offer must be communicated to offeree
An offer must be made with an intention to create legal obligations
Which of the following neither makes nor accepts any offer?
Stranger
Promisor
Offerer
Proposer
Which type of contract is classified as, when the consent of the party was caused by coercion?
Voidable
Void
Valid
Illegal
In a valid contract, what comes first?
Enforceability
Promise
Proposal
Acceptance
Which type of offer refers to a continuous supply of certain article at a certain rate over a definite period?
Cross
Standing
General
Counter
A promise to give Rs.5000 per month pocket money to son B. If A doesnot give the pocket money ___________
B can sue his father
B has no remedy against A
B can accept a lower pocket money also
B has to give Rs 5000 to his father
A mistake a t common law renders a contract voidable.
True
False
Partly true
Partly false
Which one of the following is correct:
Past consideration is no consideration
Consideration can be past, present or future
Consideration can only be present
Consideration ca be present and future
