CONTRACT LAW MCQS SET 13

CONTRACT LAW MCQS SET 13

Offer and Acceptance of the Offer

1. An offer lapses to an end when the Offeree
a) Fails to fulfill a condition precedent to acceptance
b) Does not accept the condition
c) Either (a) or (b)
d) Neither (a) nor (b)

2. A proposal is revoked by the death of the Proposer, if the fact of his death comes to the Knowledge of the Acceptor
a. Before acceptance
b. After acceptance
c. During acceptance
d. Any of the above

3. Death of offeree before acceptance terminates the offer.
a) True
b) Partly True
c) False
d) None of the above

4. A applied for 1000 shares in a Company on 1st May. The Company allotted shares on 1st November of that year A refused the Shares. Is A’s action valid ?
a) Yes , Shares Cannot be allotted on the faith of letter Written by A
b) Yes , Shares Cannot be allotted in the second half of a calendar year
c) Yes , Offer lapsed as it was not accepted within a reasonable time
d) No , A has to accept and pay for the shares of revocation of offer have been

5. An offer can be accepted by
a) Notice of acceptance
b) Performance of condition specified in the offer
c) Acceptance of consideration for a reciprocal promise
d) All of the above

6. Acceptance may be
a) Express
b) Implied
c) Neither (a) nor (b)
d) Either (a) or (b)

7. Implied offers can be proved only by
a. Words
b. Conduct
c. Circumstantial evidence
d. Prima facie evidence

8. An acceptance containing additions, limitations or other modifications shallamount to
a) Rejection of the offer
b) A counter offer
c) A valid acceptance
d) Both (a)& (b)

9. specific offer can be accepted by
a) any person
b) any friend of offeror
c) only the person to whom it is made
d) any friend of offeree

10. a general offer can be accepted by
a) sending a communication of
acceptance
b) mental acceptance of offer
c) complying with the conditions of offer
d) making a counter offerANSWER:
1. c
2. a
3. a
4. c
5. d
6.d
7. b
8. d
9.c
10.c