CONTRACT LAW MCQS SET 06

CONTRACT LAW MCQS SET 06

The Basics of the Indian Contract Act, 1872

1. ………… Implies a contract though the parties never expressed their intention to enter into a contract.
a) Express Contract
b) Implied Contract
c) Tacit Contract
d) Unlawful Contract

2. Where a contract has to be inferred from the conduct of parties, it is called
a) Express Contract
b) Implied Contract
c) Tacit Contract
d) Unlawful Contract

3. Drawing cash form ATM, sale by fall of hammer at an auction sale, etc., are example of
a) Express Contract
b) Implied Contract
c) Tacit Contract
d) Unlawful Contract

4. ……………. Is a one-sided contract in which only one party has to perform his promise or obligation.
a) Void Contract
b) Illegal agreement
c) Unilateral Contract
d) Bilateral Contract

5. An agreement is
a) Enforceable by law if it meets the requirements of the law of the land
b) Enforceable by law if any one party want it
c) Enforceable against the law
d) Enforceable by law if it is made by competent parties

6. Where the obligation in a contract is outstanding on the part of both parties, it is called
a) Void Contract
b) Illegal agreement
c) Unilateral Contract
d) Bilateral Contract

7. A agrees to sell his DVD player to B promising to deliver it on the date of payment. B promises to pay the amounts within one month. This is an example of
a) Void Contract
b) Illegal agreement
c) Unilateral Contract
d) Bilateral Contract

8. Where a particular type of contract is required by law to be in writing and registered, it must comply with necessary formalities as to writing, registration and attestation. Otherwise, such a contract is
a) Void Contract
b) Illegal agreement
c) Unilateral Contract
d) Bilateral Contract

9. All illegal agreement are void; but all void agreements are not illegal.
a) True
b) Partly True
c) False
d) None of the above

10. An offer and its acceptance is the basic requirement of an agreement and as per this requirement, an offer by one party
a) Should be made to the other who is related to him
b) May also be made to himself
c) Should be made to another who may or may not be related to him
d) Should be made to another before the RegistrarANSWER:
1. b
2. c
3. c
4. c
5. a
6. d
7. d
8. d
9. a
10. c