Indian Contract Act - IV
Description: Get Complete Study Material for Indian Contract Act-III, Essential Elements of a Valid Contract, Types of Contracts, Offer, Acceptance, Lawful Consideration, Competent To Contract, Free Consent, Revocation of Offer, Agency | |
Number of Questions: 24 | |
Created by: Rani Rajan | |
Tags: Indian Contract Act-III Essential Elements of a Valid Contract Types of Contracts Offer Acceptance Lawful Consideration Competent To Contract Free Consent Revocation of Offer Agency The Indian Contract Act , 1872 |
A person agrees to sell his property worth Rs. 20,00,000 for Rs. 2,00,000. The consideration is inadequate. The contract is
Anil offers by letter to Sunil to sell his house for Rs. 10,00,000 and Sunil, who is not aware about the offer, writes to Anil to purchase his house for Rs. 10,00,000. It is a _______ offer.
An investor offered to purchase certain gold of a company for Rs. 20,000, but consent was given by the company six months after his offer. The contract is valid at the option of
An investor applied for the IPO of a company. The company confirmed the allotment to him, but the allotment letter never reached the investor as it was lost during the course of post. It is
A person offers the other person to sell his car at the price to be set by the third party. The third party refused to set the price. The offer is
A person aged 17 years and 11 months made an agreement to take a loan from some other person and promises to bind himself on attaining the age of 18 years. The contract is
A minor made an agreement with a coaching institute to get coaching for PMT course. The agreement is
A person promised to donate a considerable amount to an NGO for the construction of a community hall. Later on, he refused to fulfill his promise on the plea of no consideration. Which of the following holds true in this case?
A man threatened to suicide in case his wife and son do not agree to make a favorable deed in his brother`s favour. The agreement is
An illiterate person who was in need of money, took a loan of Rs. 1,00,000 but the financer got his signature for a loan of Rs. 2,00,000. The contract is made under:
A agreed to sell a car to B but the car had already damaged at the time of making the contract. If both of the parties were not aware of this fact, the contract will be
A person agrees to sell his property worth Rs. 20,00,000 for Rs. 2,00,000. The consideration is inadequate. The contract is
A trust was created in favour of an old player. The trust organized a match to help the player, but he was refused to be paid on account of no consideration from the player. The player
A husband and wife agreed to live apart due to differences. The husband transferred a land in favour of his wife and registered the agreement. The agreement is
A Hindu promised to marry a girl inspite of the fact that he was already married. The agreement is
A hired his house to B. The house was hired to run a gamble house. The tenant did not pay the rent due and a case was filed against him. In this case
A singer proposes to sing in a theatre. Due to an accident, he became hospitalized and could not make his performance. The agreement is
A promised to paint a picture for B. Who must perform this promise?
If a contract is not of personal nature, then on the death of performance, the contract is
A promised to supply certain items to B by January end. Subsequently, they decided to defer the supply till February end. It is called
A`s car was completely destroyed in an accident. The fact was known to him. Still he made an agreement with B to sell him the car in good condition and received advance money from him. In this case
A person agrees to sell a part of the goods if the ship from England lands in India in safe condition. It is an example of a/an
Death or insolvency of promisor results in discharge of contract by
Which of the following is true?