Nature of Contract-Test 6

Which one of the following statement is correct with regard to nature of a valid Contract ?

When a person signifies his assent to a proposal made to him to refrain from doing something the resultant transaction is known as

A notice in the newspapers inviting tenders is

Which one of the following is the best statement about the Indian Contract Act ?

Which one of the following has the correct sequence

The doctrine of privity of contract is laid down in the case of

Which one of the following is not the legal requirement of a valid offer ?

‘X’ without the request of anybody, extinguishes the fire of Y’s Godown. ‘X’ suffers injury thereby if ‘Y’ promises to compensate ‘X’ for the whole amount he has spent for his treatment then the contract is

Which of the following is/are the essential elements of a valid offer ?

1. Offer can be vague.
2. Offer must be made to a specific person/party and not to public at large.
3. Must be definite.
4. Offeror must have an intention to be bound by his offer.

________ of Indian Contract Act states, that “performance of the conditions of a proposal is an acceptance of the proposal”.

In order to convert a proposal into a promise, the acceptance must be

Section ______ of the Indian Contract Act, states that in order to convert a proposal into a promise, it is necessary that acceptance must be absolute and unqualified.

When the Offeree gives acceptance on different terms, it is treated as a Counter Offer and it is up to the original Offeror to accept the same or not. It is ______ .

When, a valid acceptance shall be made only by the person to whom the offer is made. It is ____ .

An acceptance in ignorance of offer is also a valid acceptance. It is ________.

Acceptance in ignorance of the offer is

X offered a reward to anyone who has returned his lost dog. Y brought the dog to X without having heard of the offer. Which of the following statements is correct ?

X sent his servant Y, to trace his missing son Later, X offered a reward for any one who found out his missing son Y, ignorant of the announcement, traced the boy. Subsequently, he claimed the reward, when ha came to know of it.

Acceptance sent through post

Acceptance may be signified either

When person performs some act intended by proposer as consideration for the promise offered by him, performance of such constitutes.

A Trader receives an order from a Customer and executes the order by sending goods. Sending of goods by the Trader consequent to the Customer’s order constitutes

Performance of conditions of an offer which may be offered with a proposal, is a/an

Acceptance should be communicated to the Offeror, before the _____.

There can be a valid acceptance of a revoked offer also. It is _______.

No contract can arise, if the

When the communication of acceptance is made by an unauthorized person, it does not result in a/an

Which one of the following statements about general offer is correct ?

X, by a letter dated 10th January, 2006, offers to sell his house to Y for Rs.20 lakhs. The letter reaches Y on 17th January, 2006, who posts his acceptance on 18th January, 2006 which reaches X on 30th January, 2006. Here, the communication of offer is complete on

In the above question, the communication of acceptance is complete against X on 18th January, 2006 and against Y on