The Indian Contract Act 1872 MCQs with answers. - series 1
Q. 1 an agreement enforceable by the law is contact.
Q.2 a void agreement is a not enforceable in a court of law.
Q. 3 an offer may lapse by Revocation , Rejection of offer by offeree , counter offer.
Q.4 in case of illegal agreement the collateral agreements are void.
Q.5 all agreements are not contract.
Q.6 All contract are agreement.
Q.7 contract equals to agreement + enforceable by law
Q.8 every promise and every state of the promise forming the conditions for each other is called agreement
Q.9 agreement equals to to offer plus acceptance
Q.10 contract ceases to be enforceable by the law become void when it ceases to be enforceable
Q.11 world contract does not grant any right to any party
Q.12 The party whose consent was not free has the rights to rescind the contract
Q.13 a proposal when accepted becomes a promise
Q.14 all contracts are agreement but all agreements are not contract
Q.15 the communication of the offer is complete when it comes to the knowledge of the person to whom it is made.
Saturday, October 17, 2020