Nature of Contract – Test 9

The law of contract in India is contained in————-

Indian Contract Act came into force since—————-

A contract is an———-

An agreement consists of reciprocal promises between atleast——————-

The Sources of Indian Commerical Law include——————

The Law of Contract is nothing but————-

An agreement enforceable by law amounts to————-

To form a valid contract, there should be atleast————

Every contract is an agreement but every agreement is not a contract. This statement is————

X promises to deliver his watch to Y and, in return, B promises to pay a sum of Rs.5,000. There is said to be a/an———–

Who said “Contract is an agreement creating and defining obligations between parties”?

An Agreement is

Contractual rights and duties are created by

The Indian Contract Act, 1872 applies to the

A jus in personam means a right against

An agreement enforceable by law under the Indian Contract Act may be

Which of the following statements is true

A voidable contract is one which

A void contract is one which is

A contract is

Implied contract, even if not in writing or express words, is perfectly valid if other conditions are satisfied

A proposal when accepted becomes a

As per Section 2(e) of the Indian Contract Act, “Every promise and every set of promise forming the consideration for each other is a/an

Agreement is defined in section ______ of the Indian Contract Act, 1872.

A contract is said to be executed when it has been performed wholly on

Valid Contracts

Contract =

A contract creates

Contract is defined as an agreement enforceable by law, vide section _______ of the Indian Contract Act

When offer is made to a definite person, it is known as

Standing Offer means

On the acceptance of an offer by an offeree

Which of the following is not the legal requirements of a valid acceptance?

An offer accepted without knowledge does not confer any legal rights on the acceptor

An Offer is defined under see ______

An Agreement enforceable by law is a

When the consent of a party is caused by fraud, the contract is

A void agreement is one which is

What comes first in a valid contract is “enforceability”. It is

Which one of the following is an essential element of a valid contract ?