Law Of Contract: Nature And Kinds! Quiz
.
- 1.The law relating to contracts is contained in:
- A.
The Contract Act, 1782
- B.
The Contract Act, 1872
- C.
The Indian Contract Act, 1872
- D.
The Indian Contract Act, 1782
- 2.The Indian Contract Act, applies to the:
- A.
Whole of India Including Jammu & Kashmir
- B.
Whole of India excluding Jammu & Kashmir
- C.
States notified by the Central Government form time to time
- D.
State notified by the appropriate Government every year
- 3.The Indian Contract Act came into force on?
- A.
1st Sep ,1872
- B.
15th Sep,1872
- C.
1st Oct,1872
- D.
15th Oct,1872
- 4.The general principles of law of contract are contained in?
- A.
Section 1 to 75
- B.
Section 76 to 123
- C.
Section 124 to 238
- D.
Section 10
- 5.The general principles of the law of contract applied to all kinds of contracts irrespective of their nature.
- A.
True as section 1 to 75 lay down the general principles of law of contract
- B.
False as for special kinds of contracts there are specific provisions in the respective laws
- 6.Which of the following eminent jurists has defined the contract as an agreement creating and defining obligations between the parties?
- A.
Pollock
- B.
Halsburry
- C.
Salmond
- D.
Anson
- 7.The term 'contract' is defined in which of the following sections of the Indian Contract Act?
- A.
Section 2(a)
- B.
Section 2(b)
- C.
Section 2(e)
- D.
Section 2(h)
- 8.Which of the following statement is incorrect?
- A.
An agreement enforceable by law is a contract.
- B.
Every agreement is a contract.
- C.
An agreement is an accepted proposal.
- D.
A promise is defined in Section 2(b) of the Act.
- 9.A proposal when accepted become a
- A.
Promise
- B.
Offer
- C.
Acceptance
- D.
Contract
- 10.An agreement is
- A.
Offer + Enforceability
- B.
Offer + Acceptance
- C.
Offer + Legal Obligation
- D.
Offer only
- 11.A contract is
- A.
Offer + Acceptance
- B.
Agreement + Enforceability
- C.
Offer + Enforceability
- D.
Offer + Legal Obligation
- 12." Every agreement and promise enforceable at law is a contract ".This definition is given by:
- A.
Salmond
- B.
Anson
- C.
Halsbury
- D.
Pollock
- 13.Which of the following equation is correct?
- A.
Contract = agreement + enforceability
- B.
Agreement = offer + acceptance
- C.
Both (a) and (b)
- D.
None of the above
- 14.The conditions of enforceability of an agreement are laid down in:
- A.
Section 2(a)
- B.
Section 2(e)
- C.
Section 9
- D.
Section 10
- 15.Which of the following legal statement is incorrect ?
- A.
All agreements are contracts [Section 10].
- B.
An agreement enforceable by law is a contract[Section 2(a)].
- C.
A proposal when accepted becomes a promise[Section 2(b)].
- D.
Every promise and every set of promise forming the consideration for each other,is an agreement [Section 2(e)]
- 16.The law of contract creates the right known as:
- A.
Jus in rem
- B.
Jus in personam
- C.
Consensus ad idem
- D.
None of these
- 17.A "jus in personam" means a right against:
- A.
A specific person
- B.
The public at large
- C.
A specific thing
- D.
None of these
- 18.All contracts are agreements but all agreements are not contracts.
- A.
True ,as its is the legal position on the point.
- B.
False, as all agreements are contracts but all contracts are not agreements.
- 19.As per section 10 which of the following is not a condition for the enforceability of an agreement?
- A.
An agreement must be made by the free
- B.
An agreement must be made by the parties who are competent to contract
- C.
An agreement must not be certain in its meaning
- D.
An agreement must not be expressly declare to be void
- 20.Is an agreement enforceable by law, is known as?
- A.
Promise
- B.
Contract
- C.
Acceptance
- D.
Obligation
- 21.A contract is an agreement.
- A.
Enforceable by law
- B.
To Indulge in litigation
- C.
With malafide intention
- D.
For social obligations
- 22.Which of the following is not an essential element of a valid contract?
- A.
Registration of Agreement.
- B.
Free Consent of Parties
- C.
Compentency of Parties
- D.
Lawful Consideration and object
- 23.All agreements are contracts if they are made:
- A.
By free consent of parties
- B.
For a lawful consideration
- C.
With a lawful object
- D.
All of these
- 24.An agreement expressly declared to be void will be enforceable only if it is made by the free consent of parties competent to contract, for a lawful consideration and with a lawful object.
- A.
True,as per section 10 if these conditions are fulfilled an agreement becomes an enforceable contract.
- B.
False, a section 10 requires that for enforceability,in addition to these requirements,an agreement must not be expressly declared to be void.
- 25.An offer and its acceptance is the basic requirement of an agreement and as per this requirement an offer by one party.
- A.
Should be made to the other who is related to him.
- B.
May also be made to himself.
- C.
Should be made to another who may or may not be related to him.
- D.
Should be made to another before the register.
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