Consideration
Online Exam in Consideration in Mercantile Laws for the preparation of professional exams of ca cpt, ca foundation, cs foundation, cma foundation
Consideration-Test 4
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Subject : Mercantile Laws Questions : 30
Chapter : Consideration- Test 4
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Question 1 of 30
1 points
An agreement without consideration is
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Question 2 of 30
1 points
‘Consideration’ is defined in the Indian Contract Act, 1872, in
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Question 3 of 30
1 points
Consideration has been defined in a very famous English case
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Question 4 of 30
1 points
The consideration may move from
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Question 5 of 30
1 points
Inaqdequacy of consideration does not make a contract
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Question 6 of 30
1 points
The consideration must be at the desire of the
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Question 7 of 30
1 points
Which one of the following statement is correct ?
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Question 8 of 30
1 points
As a general rule, an agreement made without consideration is
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Question 9 of 30
1 points
All agreements made without consideration are void
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Question 10 of 30
1 points
Consideration must move at the desire of
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Question 11 of 30
1 points
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Question 12 of 30
1 points
The inadequacy of consideration will be taken into account by a Court of Law
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Question 13 of 30
1 points
Consideration in simple term means
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Question 14 of 30
1 points
Contract will be valid, if the consideration is
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Question 15 of 30
1 points
Agrees to sell his car worth Rs. 1,00,000 to B for Rs.20,000 only, and A’s consent was obtained by coercion. Here, the agreement is
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Question 16 of 30
1 points
An agreement made with free consent to which the consideration is lawful but inadequate, is
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Question 17 of 30
1 points
If the consideration to an agreement in furnished by a stranger and not by the promise himself, the agreement will be void.
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Question 18 of 30
1 points
Which of the following are not real consideration
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Question 19 of 30
1 points
Consideration is unlawful when
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Question 20 of 30
1 points
According to Sec. 25(3) of the Indian Contract Act, 1872, a promise to pay a time-barred debt must be
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Question 21 of 30
1 points
Which of the following statement is true ?
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Question 22 of 30
1 points
Which of the following statement is false?
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Question 23 of 30
1 points
“An agreement without consideration is void” has some exceptions
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Question 24 of 30
1 points
According to Sec. 25(1) of the Indian Contract Act, 1872, an agreement must be
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Question 25 of 30
1 points
Consideration is one of the essential elements to support a/an
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Question 26 of 30
1 points
‘Privity of Contract’ is subject to the exception
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Question 27 of 30
1 points
There can be a stranger to a ______.
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Question 28 of 30
1 points
For the enforcement of a promise to pay a time-barred debt without consideration, which of the following conditions is not required ?
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Question 29 of 30
1 points
A person who is not a party to the contract can enforce the contract on the same principle that consideration furnished by a stranger is valid.
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Question 30 of 30
1 points
Which Contract will be valid without consideration
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