CONTRACT LAW MCQS SET 17
Offer and Acceptance of the Offer
1. Which of the following is the legal rule of a valid acceptance ?
a) An acceptance must be given within prescribed or reasonable time
b) An acceptance must be given before the lapse of offer
c) An acceptance may be expressed or implied
d) All of the above
2. Which of the following statement is incorrect?
a) Death of the propser automatically revkes the proposal
b) Cross offers constitute valid agreement
c) The acceptor cannot reoke his acceptance even if the letter of acceptance sent by him to the offeror is lost in the transit
d) All of the above
3. Which of the following is not the mode of the lapse of offer ?
a) Lapse of time
b) Case against the offeror
c) Insanity of offeror
d) Failure to accept condition precedent
4. An acceptance of offer, in ignorance of the fact of death or insanity of the offeror, is
a) Valid acceptance
b) Not valid
c) Illegal acceptance
d) Fraudulent acceptance
5. Which of the following is correct ?
a) Acceptance can be made even without the knowledge of the offer
b) An agreement with intention to create legal liability is not enforceable in law
c) If the offeree does not accept the offer according to the mode prescribed by the offeror, the offer does not lapse automatically
d) Communication of offer is complete when the letter of offer is posted
6. A proposes, by letter, to sell a house to B for Rs 10,000. The communication of the proposal is complete
a) When B receives the letter
b) When A dispatches the letter
c) When A sign the letter
d) When B knows about the letter
7. B accepts A’s proposal by a letter sent by post. The communication of the acceptance is complete as against A
a) When A receives the letter of acceptance
b) When B acknowledges it
c) When it comes to the knowledge of A
d) When the letter is posted
8. Which of the following is correct ?
a) Acceptance is to an offer what a lighted mach to a train of gun powder
b) Two identical cross offers two are not independent and separate offers
c) A counter offer is conditional acceptance
d) All of the above statements
9. A revokes his proposal to B by telegram. The revocation is complete as against A
a) When the telegram is dispatched
b) When B receives the telegram
c) When B confirms
d) When A receives confirmation from B
10. A revokes his proposal by telegram to B. it is complete as against B
a) When the telegram is dispatched by A
b) When B confirms it
c) When B receives it
d) When A dispatches the telegram
ANSWER:
1.da) An acceptance must be given within prescribed or reasonable time
b) An acceptance must be given before the lapse of offer
c) An acceptance may be expressed or implied
d) All of the above
2. Which of the following statement is incorrect?
a) Death of the propser automatically revkes the proposal
b) Cross offers constitute valid agreement
c) The acceptor cannot reoke his acceptance even if the letter of acceptance sent by him to the offeror is lost in the transit
d) All of the above
3. Which of the following is not the mode of the lapse of offer ?
a) Lapse of time
b) Case against the offeror
c) Insanity of offeror
d) Failure to accept condition precedent
4. An acceptance of offer, in ignorance of the fact of death or insanity of the offeror, is
a) Valid acceptance
b) Not valid
c) Illegal acceptance
d) Fraudulent acceptance
5. Which of the following is correct ?
a) Acceptance can be made even without the knowledge of the offer
b) An agreement with intention to create legal liability is not enforceable in law
c) If the offeree does not accept the offer according to the mode prescribed by the offeror, the offer does not lapse automatically
d) Communication of offer is complete when the letter of offer is posted
6. A proposes, by letter, to sell a house to B for Rs 10,000. The communication of the proposal is complete
a) When B receives the letter
b) When A dispatches the letter
c) When A sign the letter
d) When B knows about the letter
7. B accepts A’s proposal by a letter sent by post. The communication of the acceptance is complete as against A
a) When A receives the letter of acceptance
b) When B acknowledges it
c) When it comes to the knowledge of A
d) When the letter is posted
8. Which of the following is correct ?
a) Acceptance is to an offer what a lighted mach to a train of gun powder
b) Two identical cross offers two are not independent and separate offers
c) A counter offer is conditional acceptance
d) All of the above statements
9. A revokes his proposal to B by telegram. The revocation is complete as against A
a) When the telegram is dispatched
b) When B receives the telegram
c) When B confirms
d) When A receives confirmation from B
10. A revokes his proposal by telegram to B. it is complete as against B
a) When the telegram is dispatched by A
b) When B confirms it
c) When B receives it
d) When A dispatches the telegram
ANSWER:
2.d
3.b
4.a
5.c
6.d
7.d
8.d
9.a
10.c
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