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WorksheetsCommercial law
Total questions: 10
Worksheet time: 2mins
Name
Class
Date
1.
Section 10 of Indian Contract 1872 deals with
a)
Void contract
b)
Voidable contract
c)
Valid contract
d)
Illegal contract
2.
The term quasi means
a)
Similar to real contract
b)
Resemble to real contract
c)
Both 1 & 2
d)
None
3.
Novation means
a)
Alteration
b)
Substitution
c)
Cancellation
d)
Remission
4.
Voidable contract can be cancelled or enforced at the option of....
a)
Aggrieved party
b)
Other party
c)
Stranger
d)
None
5.
Waiver means
a)
Relinquishment
b)
Cancellation
c)
Alteration
d)
None
6.
Coercion refers under
a)
Section 14
b)
Section 15
c)
Section 16
d)
Section 17
7.
Unilateral means
a)
One sided
b)
Two sided
c)
Both 1 & 2
d)
None
8.
Wager means
a)
Contingent
b)
Betting
c)
Illegal
d)
Valid
9.
Indian contract Act 1872 came into force from
a)
1st August
b)
1st September
c)
1st October
d)
1st November
10.
Contract defines under section........ .
a)
2(e)
b)
2(f)
c)
2(h)
d)
2(g)
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