Nature of Contract
Online Quiz in Nature of Contract in Mercantile Laws for the preparation of professional exams of ca cpt, ca foundation, cs foundation, cma foundation
Nature of Contract-Test 8
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Subject :- Mercantile law No.of Quiz questions :- 30
Chapter :- Nature of Contract- Test 8
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Question 1 of 30
1. Question
1 pointsA contract or an obligation to perform a promise could arise by
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Question 2 of 30
2. Question
1 pointsX owns a residential house in Delhi. He is entitled to quiet possession and enjoyment of his property. This is called
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Question 3 of 30
3. Question
1 pointsAn agreement enforceable by law at the instance of one party and not of the other is called
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Question 4 of 30
4. Question
1 pointsX owes Rs. 5 lakh to Y. Y is entitled to recover this amount from X. this is called
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Question 5 of 30
5. Question
1 pointsAn agreement to commit a crime or a tort is
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Question 6 of 30
6. Question
1 pointsAgreements to do an unlawful, immoral, or illegal act, like smuggling or murdering a person
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Question 7 of 30
7. Question
1 pointsAgreements that do not give rise to contractual obligations are not contracts. It is
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Question 8 of 30
8. Question
1 pointsUnder which of these circumstances an agreement becomes void and illegal
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Question 9 of 30
9. Question
1 pointsWhich of these statements is false
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Question 10 of 30
10. Question
1 pointsIn which of these situations a contract becomes void
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Question 11 of 30
11. Question
1 pointsWhich of these rights is available to an aggrived party in a voidable agreement
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Question 12 of 30
12. Question
1 pointsWhich of these contracts can be specifically enforced.
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Question 13 of 30
13. Question
1 pointsIn a voidable contract
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Question 14 of 30
14. Question
1 pointsWhich of these is a source of Indian contract act.
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Question 15 of 30
15. Question
1 pointsA contract which is enforceable at the option of one or more parties is
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Question 16 of 30
16. Question
1 pointsWhat are the consequences of a counter offer
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Question 17 of 30
17. Question
1 pointsA void agreement is one
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Question 18 of 30
18. Question
1 pointsA void contract is one
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Question 19 of 30
19. Question
1 pointswhich of the following statements are correct?
- Right of one party is the obligation of another party
- Every contract is an agreement, but every agreement is not contract
- “Quantum meruit” means void from the beginning
- Social agreements are legally enforceable.
- Codes:
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Question 20 of 30
20. Question
1 pointsWhich of the following is false ? An acceptance
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Question 21 of 30
21. Question
1 pointsAn agreement enforceable at law is a
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Question 22 of 30
22. Question
1 pointsA valid contract is one which
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Question 23 of 30
23. Question
1 pointsAn agreement not enforceable at law is a
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Question 24 of 30
24. Question
1 pointsA contract which is valid initially however, ceases to be enforceable subsequently
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Question 25 of 30
25. Question
1 pointsContract, which ceases to be enforceable by law becomes a/an
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Question 26 of 30
26. Question
1 pointsAgreements which do not create legal obligations can also be considered as contracts. It is
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Question 27 of 30
27. Question
1 pointsA contract which ceases to be enforceable by law becomes void
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Question 28 of 30
28. Question
1 pointsAn agreement not enforceable by law is said to be void under section __________ of Indian Contract Act.
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Question 29 of 30
29. Question
1 pointsX invites for his son’s wedding. Y accepts the invitation. In this case, there is a/an
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Question 30 of 30
30. Question
1 pointsX invites Y for his son’s wedding. Y accepts the invitation. In this case, there is an agreement but no contract, since
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