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MCQs

Total Questions : 60 | Page 1 of 6 pages
Question 1. The Indian Contract Act came into force on:
  1.    15th September, 1872
  2.    1st September, 1872
  3.    1st October, 1872
  4.    15th October, 1872.
 Discuss Question
Answer: Option B. -> 1st September, 1872


Question 2. The Indian Contract Act, applies to the:
  1.    Whole of India excluding Jammu & Kashmir
  2.    Whole of India including Jammu & Kashmir
  3.    States notified by the Central Government from time to time
  4.    None of the above.
 Discuss Question
Answer: Option B. -> Whole of India including Jammu & Kashmir


Question 3. An agreement consists of reciprocal promises between at least
  1.    four parties.
  2.    six parties.
  3.    three parties.
  4.    two parties.
 Discuss Question
Answer: Option D. -> two parties.


Question 4. Every promise and every set of promise forming the consideration for each other is a/an
  1.    contract
  2.    agreement
  3.    offer
  4.    acceptance
 Discuss Question
Answer: Option C. -> offer


Question 5. Contract is defined as an agreement enforceable by law, vide Section … of the Indian Contract Act.
  1.    Section 2(e)
  2.    Section 2(f)
  3.    Section 2(h)
  4.    Section 2(i)
 Discuss Question
Answer: Option C. -> Section 2(h)


Question 6. In agreements of a purely domestic nature, the intention of the parties to create legal relationship is
  1.    to be proved to the satisfaction of the court.
  2.    presumed to exist.
  3.    required to the extent of consideration.
  4.    not relevant at all.
 Discuss Question
Answer: Option A. -> to be proved to the satisfaction of the court.


Question 7. ………………. is forbidden by law.
  1.    Valid contract
  2.    Illegal agreement
  3.    Voidable contract
  4.    Unenforceable contract
 Discuss Question
Answer: Option B. -> Illegal agreement


Question 8. A makes a contract with B to beat his business competitor. This is an example of
  1.    valid contract.
  2.    illegal agreement.
  3.    voidable contract.
  4.    unenforceable contract.
 Discuss Question
Answer: Option B. -> illegal agreement.


Question 9. Which of the following legal statement is incorrect?
  1.    An agreement enforceable by law is a contract [Section 2]
  2.    All agreements are contracts [Section 10]
  3.    A proposal when accepted becomes a promise [Section 2]
  4.    Every promise and every set of promise forming the consideration for each other is an agreement [Section 2(e)]
 Discuss Question
Answer: Option B. -> All agreements are contracts [Section 10]


Question 10. ……………… is made by words written.
  1.    Express contract
  2.    Implied contract
  3.    Tacit contract
  4.    Unlawful contract
 Discuss Question
Answer: Option A. -> Express contract


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