Offer And Acceptance

67 Questions | Total Attempts: 1495

SettingsSettingsSettings
Random Quizzes & Trivia

__________________________________________________ No. Of Questions to be Answered : Random 20 out of 67 __________________________________________________


Questions and Answers
  • 1. 
    The term 'offer or proposal' in legal terms,is defined in
    • A. 

      Section 2(a)

    • B. 

      Section 2(b)

    • C. 

      Section 2(i)

    • D. 

      Section 2(j)

  • 2. 
    Which of the following statement is incorrect ?
    • A. 

      An offer is the starting point in the making of anagreement

    • B. 

      An offer is the proposal by one party to another to enter into a legally bindind agreement with him

    • C. 

      An offer,which is valid,in itself is sufficient to create legal relationship without any response from the other party

    • D. 

      An offer should be made with a view to obtain the asssent of the other person to the proposed act

  • 3. 
    A person is said to make a proposal when he signifies to another his willingness to do or abstain form doing something with a view to
    • A. 

      Inform the other person about his intention

    • B. 

      Obtain the assent of that other person the proposed act or abstinence

    • C. 

      Know the reaction of the other person

    • D. 

      Obtain satisfaction by doing or abstain from doing the proposed act

  • 4. 
    The person making the offer is known as 'offeror'  or 'promisor' and to whom it is made is known as 
    • A. 

      Acceptor

    • B. 

      Acceptor for honour

    • C. 

      Offeree or promise

    • D. 

      C ontracting party

  • 5. 
    Which of the following is not legal requirement (  i.e., essential element  ) of a valid offer?
    • A. 

      It must be communicated to the offeree.

    • B. 

      It must be made with a view to obtain offeree's assent

    • C. 

      It must express offeror's final willingness.

    • D. 

      It must be made to a specific and not to public at large

  • 6. 
    Which of the following is the legal requirement of a valid offer?
    • A. 

      It must have its terms definite and clear.

    • B. 

      It must be capable of creating legal relation ship.

    • C. 

      Both (a) and (b).

    • D. 

      None of these

  • 7. 
    A sent his servant, B trace his missing nephew. After B left, A announced a reward of   Rs 5,000 for anybody who discovered  the boy. B discovered the missing boy without knowing about the reward. In this case 
    • A. 

      B is not entitled to the reward as he did not know about the offer when he discovered the missing boy i.e., the offer to pay reward has not been communicated to him.

    • B. 

      B is entitled to the reward as the offer has been communicated to him while sending him to trace missing boy.

    • C. 

      No valid contract comes into existence as the offer of reward is not made to any specific him to trace missing boy.

    • D. 

      Offer is not valid as unilateral contracts are not recognised.

  • 8. 
    A offers to sell to B'a hundred tonnes of oil'. It is not a valid offer because 
    • A. 

      It is not made to obtain B's assent.

    • B. 

      It is uncertain as there is nothing to show what kind of oil is intended to be sold.

    • C. 

      In does not express A's final willingness.

    • D. 

      It is forbidden by law.

  • 9. 
     A promised to buy a horse from B if it proved lucky. It is not a valid offer.
    • A. 

      True, as it is a vague and loose offer i.e., uncertain offer

    • B. 

      False,as A has expressed his willingness to obtain B's assent to his willingness to buy.

  • 10. 
    A sent a telegram to B writing "will you sell me your Bumber Hall? Telegraph lowest cash price." B replied by telegram "lowest cash price for Bumber Hall  Rs.50 lakh ". A sent another telegram stating I agree to purchase Bumber Hall for Rs.50 lakh asked by you . Please send your title deeds". In this case no valid contract arises and B is not bound to sell the Bumber Hall for Rs.50 lakh because B's telegram starting lowest cash price is not.
    • A. 

      Communicated to A

    • B. 

      Made to obtain A's assent

    • C. 

      An offer, but simply an answer to a question.

    • D. 

      Acceptable being in telegram form.

  • 11. 
    A shopkeeper's catalouge of price and display of goods in a shop with price list attached is:
    • A. 

      Valid offer to sell at printed/ listed price.

    • B. 

      An invitation to receive offer at printed/listed price.

    • C. 

      An offer to the public at large acceptable by any body.

    • D. 

      An express offer to sell at printed/listed price.

  • 12. 
    Which of the following statement is incorrect?
    • A. 

      An offer may be made to the world at large

    • B. 

      An offer may be positive or negative.

    • C. 

      An offer may be express or implied

    • D. 

      An offer must be made to a specific person.

  • 13. 
    An offer may be
    • A. 

      General only

    • B. 

      Specific only

    • C. 

      Either (a) or (b)

    • D. 

      Both (a) and (b)

  • 14. 
    A specific offer is one which is made to
    • A. 

      Ascertained person.

    • B. 

      Public at large

    • C. 

      Relatives only

    • D. 

      Males only.

  • 15. 
    A general offer is one which is made to
    • A. 

      Ascertained person.

    • B. 

      Public at large

    • C. 

      General relatives

    • D. 

      Males or Females

  • 16. 
    A general offer made to the public at large is valid and a binding contract is made with a person who having the knowledge of the offer.
    • A. 

      Comes forward and acts accordingly.

    • B. 

      Acts accordingly and his act is ratified by the offeror.

    • C. 

      Seeks offeor's permission to accept the offer

    • D. 

      Informs the public that he is willing to accept the offer.

  • 17. 
    In which of the following cases, the principle of an offer to public at large was recognised?
    • A. 

      Balfour v. Balfour

    • B. 

      Harvey v. Facie

    • C. 

      Carlill v. Carbolic Smoke Ball Co.

    • D. 

      Both (a) and (b)

  • 18. 
    A general offer of a continuing nature can be accepted by
    • A. 

      The first hundred people

    • B. 

      The first ten people

    • C. 

      Any number of persons until it is retraced.

    • D. 

      One person only who first accepts the offer

  • 19. 
    A general offer requiring the finding of a missing thing or person 
    • A. 

      Is closed as soon as the first information is received by the offeror.

    • B. 

      Remains alive until retraced by the offeror.

    • C. 

      Accepted by any number of persons until retraced

    • D. 

      It not recognised under law as it creates confusion..

  • 20. 
    An offer accepted without knowledge does not confer any legal rights on the acceptor
    • A. 

      True, as the offer cannot be accepted without knowledge.

    • B. 

      False, as there is no such legal provision

  • 21. 
    Which of the following statement is correct?
    • A. 

      A bid at an auction is an implied offer to buy.

    • B. 

      In a self-service restaurant there is an implied promise to pay for consuming eatables.

    • C. 

      Both (a) and (b), as an implied offer valid and recognized under law.

    • D. 

      None of these, as there is no valid offer in both the cases.

  • 22. 
    Which of the following are the essential elements of a valid offer?
    • A. 

      It must be definite and certain.

    • B. 

      It must express offeror's intension to be bound by his offer.

    • C. 

      It must be made to a specific person and not to public at large.

    • D. 

      It must be in the form of invitation to receive offer.

  • 23. 
    The term 'acceptance' in legal terms is defined in
    • A. 

      Section 2(a)

    • B. 

      Section 2(b)

    • C. 

      Section 2(i)

    • D. 

      Section 2(f)

  • 24. 
    Which of the following statements is incorrect?
    • A. 

      Acceptance of an offer is necessary to create legal relationship.

    • B. 

      Acceptance is the consent given to the offer.

    • C. 

      Acceptance can be presumed form acceptor's silence

    • D. 

      Acceptance must be communicated to the offeror himself.

  • 25. 
    "When the person to whom the proposal is made signifies his assent thereto, the proposal is said to be accepted. A proposal when accepted becomes a promise'.
    • A. 

      True, as it is the legal definition of acceptance give in Section 2(b)

    • B. 

      False, as on acceptance the proposal does not become promise.

Related Topics
Back to Top Back to top