WorksheetsBusiness Law part 1
Total questions: 10
Worksheet time: 5mins
The law of contract in India is contained in
Indian Contract Act 1871
Indian Contract Act 1872
Indian Contract Act 1873
Indian Contract Act 1874
Indian contract act is based on
The Hiss act
The Mann act
English common law
Consumer Protection Act
Contract= agreement+ (a)
Indian Contract Act is applicable in
Whole of India
Jammu and Kashmir
In union territories
Whole of India except Jammu and Kashmir
An agreement not enforceable by law is
Valid Agreement
Void Agreement
Voidable Agreement
Illegal Agreement
Identify the famous personality
(a)
According to the Indian Contract Act, a person of unsound mind is a person who is a
Idiot
Lunatic
Drunken person
All of the above
Persons disqualified to contract under law are
Alien Enemy
Individuals
Convicts
Artificial persons
A contract without consideration is
(a)
Consent is not free when it is obtained by
Mistake
Fraud
Misrepresentation
Undue Influence
All of the above
