Practice Test


Q1) Statement of lowest price at which the vendor would sell his good constitutes: Show Answer


Q2) The Law of contract is nothing but - Show Answer


Q3) Express agreement Show Answer


Q4) A & B, being traders enter upon a contract's has private information of a change in prices which would affect B's willingness to proceed with the contract .Is A bound to inform,B ? Show Answer


Q5) A agrees with B to discover treasure by magic .The agreement is Show Answer


Q6) All agreement in restraint of trade are void & there are no exceptions to this rule Show Answer


Q7) In case of special condition or terms in a contract ,the offeree is not bound or deemed to have accepted if such conditions Show Answer


Q8) L says to J,'I shall sell my house, will you buy?" J says "Yes, I shall buy" The agreement is void due to Show Answer


Q9) Where a contract has to be inferred from the conduct of parties ,it is called Show Answer


Q10) A ,B & C jointly promised to pay Rs.30,000 to D .For recovery of this amount ,D filed a suit against A only .Is he justified ? Show Answer


Q11) A stranger to contract Show Answer


Q12) A promise to indemnify a firm of printers & publishers of a paper against consequences of publishing a libel Show Answer


Q13) A & B contract to marry each other ,before the time fixed for the marriage, A goes mad. The contract becomes Show Answer


Q14) Where there is a difficulty in interpretation ,it cannot be considered as vagueness for making an agreement void u/s 29 Show Answer


Q15) Sec.68 to 72 of the Indian Contract Act deal with Show Answer


Q16) In case of pardanashin women ,the burden of proof lies with Show Answer


Q17) When two or more persons have made a joint promise ,then, unless a country intention appears from the contract all such persons must fulfill the promise Show Answer


Q18) An agreement by a newspaper proprietor not to comment on the conduct of a particular person is Show Answer


Q19) A agrees to pay Rs.50 lakh to B if he brings on the earth a star from the sky. This agreement is Show Answer


Q20) Section 27 of the Indian contract act declares an agreement in restraint of trade as Show Answer


Q21) A contract is Show Answer


Q22) A contract to marry a person shall be performed by Show Answer


Q23) G books a ticket with airlines from Delhi to Chennai on 16th June, date of travel being 16th July Indian Airlines has to perform its part of contract on 16th July. this is an example of Show Answer


Q24) Illegal agreement are Show Answer


Q25) Where in alternative promise ,one part is illegal, only the legal part can be enforced Show Answer


Q26) Which of these are opposed to public policy Show Answer


Q27) Contractual rights & duties are created by Show Answer


Q28) A contract which is valid initially however ,ceases to be enforceable subsequently Show Answer


Q29) All illegal agreement are void; but all void agreement are not illegal Show Answer


Q30) As per section 2(e) of the Indian contract act 'every promise & every set of promise forming the consideration for each other is a/an Show Answer


Q31) Indian Contract Act, 1872 is passed by Show Answer


Q32) Which of the following is void ? Show Answer


Q33) The law of contract in India is contained in Show Answer


Q34) An agreement enforceable by law is a Show Answer


Q35) A void agreement is one which is Show Answer


Q36) An agreement enforceable by law through one or more parties, but not at the option of other or other is Show Answer


Q37) All promises collateral to main illegal promise contained in a contract will be regarded as Show Answer


Q38) An agreement is void if it is opposed to public policy. Which of the following is not covered by heads of public policy ? Show Answer


Q39) On the valid performance of the contractual obligations by the parties, the contract Show Answer


Q40) Which of these is correct ? Show Answer


Q41) Which one is void ab initio i.e. void form the very beginning Show Answer


Q42) Is the statement true or false;" All contracts are agreements but all agreement are not contract." Show Answer


Q43) S agrees to sell is DVD player to R promising to the deliver at the date of payments. R promises to the pay the amount, one month hence. This is an example of Show Answer


Q44) A agrees to pay Rs 50,000 to B if he kills C the agreement is Show Answer


Q45) A sells the goodwill of his business to B & agrees with him to refrain from carrying on a similar business within specified local limits .This contract is Show Answer


Q46) An agreement which is enforceable by law at the option of one or more of the parties theoreon but not at the option of the other is a Show Answer


Q47) Mr. A books a ticket with spice Jet from Delhi to Bangalore on 16th June, date journey being 16th august. This is example of Show Answer


Q48) R.an optical ,S as the assistance for a term of 3 years & S agrees not to practice as a surgeon during this period .This contract is Show Answer


Q49) Implied contract ,even if not in writing or express words,is perfectly ____if other conditions are satisfied Show Answer


Q50) F promised to pay his son S a sum of Rs.1 lakh if S, passed C.A. exams in the first attempt ., S passed the exam in the first attempt , but F failed to pay the amount as promised . S files a suit for recovery of the amount . State whether S can recover the amount under the Indian Contract Act 1872. Show Answer


Q51) A asks B a watch repairer, to repair his watch without forming any contractual relationship, still a legal relationship has arisen and it will create ---------- Show Answer


Q52) Voidable Contract are: Show Answer


Q53) Illegal Contract Show Answer


Q54) Valid Contract Show Answer


Q55) A contract where both the parties have fulfilled their respective obligation is called : Show Answer


Q56) A contract where both the parties are still to perform their respective promise is called : Show Answer


Q57) A contract when Only one party has to parform his promise is called : Show Answer


Q58) A contract in which is both the parties have to perform the promises is called : Show Answer


Q59) A contract is Show Answer


Q60) An agreement not enforceable by law is said to be void under Section of the Indian Contract Act Show Answer


Q61) Illegal Contract Show Answer


Q62) On 1st July, Mr. D agree to buy M's cycle by promisng to pay cash on 15th july. M agrees to deliver the cycle on 20th july. This is a case of Show Answer


Q63) Express Contract Show Answer


Q64) Bilateral Contract Show Answer


Q65) Legal obligation means a duty enforceable by Show Answer


Q66) Compensation for voluntary services Show Answer


Q67) Only one party due to perform Show Answer


Q68) Law of contract is Show Answer


Q69) A contract is said to be executed when it has been performed wholly on Show Answer


Q70) A contract Show Answer


Q71) Which of these is correct ? Show Answer


Q72) The Indian Contract Act, 1872 came into force on Show Answer


Q73) The Indian Contract Act, 1872 applies to Show Answer


Q74) The Indian Contract Act does not have a ---------------- Show Answer


Q75) The Contract Act, 1872, is based on the principals of Show Answer


Q76) An agreement not enforceable by law is said to be : Show Answer


Q77) A / an ----------- is a contract which was enforceable by law when originally created but due to happening of some evens, it ceases to be enforceble by law. Show Answer


Q78) The meaning of an agreement must be Show Answer


Q79) The Indian Contract Act, 1872 received its assent on Show Answer


Q80) The condition for enforceability of an agreement is defined in --------- of Indian Contract Act Show Answer


Q81) Contract is defined as an agreement enforable by law , vide Section of the Indian Contract Act Show Answer


Q82) Which of the following are not essential elements for a valid contract. Show Answer


Q83) Agreement is defined in Section of the Indian Contract Act Show Answer


Q84) The usual presumption is that the parties intend to create legal relations. Show Answer


Q85) Express contract is made by : Show Answer


Q86) Cash withdrawn through ATM of a Bank is: Show Answer


Q87) A agrees to buy from B a certain dogs .it turns out that the dog was dead at the time of bargin ,though neither party was aware of the fact Show Answer


Q88) Where an agreement is entered into between two parties and in a real life its impossible to perform such agreement then such agreements are called as : Show Answer


Q89) The first step in creating an agreement is Show Answer


Q90) An agreement of purely domestic and social nature is Show Answer


Q91) Contractual right and duties are created by : Show Answer


Q92) Raj agree to sell 5 tone of oil to Ramesh at whatever price Ramesh may pay. The agreement is void for Show Answer


Q93) A promise to pay for the past voluntary service to be binding Show Answer


Q94) A one - sided contract in which only one party has to perform his promises called. Show Answer


Q95) Agreements the meaning of which is not certain ,or capable of being made certain are Show Answer


Q96) If a certain agreement is expressly declared to be void by the law of a country, then such agreement, if entered into,-------- enforceable by the court. Show Answer


Q97) Case Balfour vs.Balfour deals with Show Answer


Q98) A contract creates Show Answer


Q99) Jus in rem means Show Answer


Q100) A right which can be exercised only against the other party with whom the contract is entered is called Show Answer


Q101) A contract creates------------ Show Answer


Q102) In commercial and business agreements, the intention of the parties to create legal relationship is - Show Answer


Q103) Who said " Contract is an agreement creating and defining obligations between parties" ? Show Answer


Q104) Implied contract is made : Show Answer


Q105) Where a contract is good in substance but because of some technical defect cannot be enforced by law is called ---------- Show Answer


Q106) H, in coolie uniform at the railway station carried the luggage of Z, a passenger, from the platform to the taxi stand without being the asked by Z to do so and Z does no attempt to stop him from carrying the luggage. In this case, Z ------------ to make payment to H. Show Answer


Q107) Yatra travels operates AC buses from Mumbai to Nasik. The bus is standing at the bus stop in Mumbai waiting for passenger travelling to Nasik and is ready for departure. There is an -------------- for passengers to board. The bus Show Answer


Q108) A ----------- is either judgment of a Court or a recognisance Show Answer


Q109) A ----------------- is the one which derives its binding force form its form alone Show Answer


Q110) Mr. X owns a flat in Channai. He is entitled to quiet possession and enjoyment of his property. This is called Show Answer


Q111) One of the clauses in an agreement is not a formal or legal agreement, and shall not be subjected to legal jurisdiction in a court of law". In such case, the agreement is Show Answer


Q112) ----------------- is presumed in an commercial agreement. Show Answer


Q113) A saves B's property from fire Show Answer


Q114) Jus in personam means Show Answer


Q115) A stranger to a contract means

Show Answer


Q116) In case of trusts, the beneficiary, being a stranger to a contract

Show Answer


Q117) In case of family settlement, the person for whose benefit the provision is made under the family arrangement and is a stranger to the contract



Show Answer


Q118) The expression "privity of contract" means Show Answer


Q119) An assignee being a stranger to a contract Show Answer


Q120) The doctrine of privity of a contract means that a contract is a ----------- between the parties to the agreement Show Answer


Q121) Who can enter into an agreement with a person that has been declared insolvent ? Show Answer


Q122) The Indian Contract Act, 1872 extends to - Show Answer


Q123) Every contract is an agreement but every agreement is not a contract. This statement is - Show Answer


Q124) Status obligations arise: Show Answer


Q125) Which one of the following is an essential element of a valid contract? Show Answer


Q126) Under the Indian Contract Act 1872, which of the following is not an essential element of a Valid Contract? Show Answer


Q127) In relation to a contract the term "Consensus-ad- idem" under the Indian Contact act 1872 means: Show Answer


Q128) A promise to pay Rs. 1000 to B if B writes 100 pages in one minute. This is known as Show Answer


Q129) A invites B for his son's wedding. B accepts the invitation. In this case, there is a / an - Show Answer


Q130) A invites B for his son's wedding. B accepts the invitation. In this case, there is an agreement but no contract, since - Show Answer


Q131) F promised to pay his son S a sum of ? 1 lakh if S passed C.A. exams in the first attempt. S passed the exam in the first attempt, but F failed to pay the amount as promised. S files a suit for recovery of the amount. State whether S can recover the amount under the Indian Contract Act, 1872. Show Answer


Q132) In agreements of purely domestic / social nature, the intention of the parties to create legal relationship is - Show Answer


Q133) Mohan invited Sohan for a dinner. Sohan by expending Rupees 200 went to Mohan's house. By the time Sohan reached Mohan's house it was locked and Sohan stayed in a Hotel. Can sohan ________ Show Answer


Q134) D was enfeebled by disease. B his medical attendant influenced him to agree to pay B an unreasonable sum for his professional services. D's consent is not free and is based on undue influence. This contract is Show Answer


Q135) _______ does not effect the free consent of the parties. Show Answer


Q136) Voidable Contract is one which: Show Answer


Q137) When the contract is perfectly valid in its substance but cannot be enforced because of certain technical defects. This is called a/an - Show Answer


Q138) _______ is good in substance, but suffers from technical defect like Non-Registration. Show Answer


Q139) Drawing cash from ATM, sale by fall of hammer at an auction sale, etc, are examples of - Show Answer


Q140) ………. is a one-sided contract in which only one party has to perform his promise or obligation. Show Answer


Q141) G books a ticket with Indian Airlines from Delhi to Chennai on 16th June, date of travel being 16th July. Indian Airlines has to perform its part of contract on 16th July. This is an example of - Show Answer


Q142) Where the obligation or promise in a contract is outstanding on the part of both parties, it is called - Show Answer


Q143) _______ Contract is made without any intention of parties Show Answer


Q144) An agreement with intention to create legal liability is not enforceable in law. Show Answer


Q145) All kinds of obligations created between the parties from part of the contracts. Show Answer


Q146) A contract to purchase a black horse, which was dead at the time of bargain, is voidable. Show Answer


Q147) A proposal when accepted becomes a contract. Show Answer


Q148) An illegal contract is fatal to the main contract, but not to collateral transactions. Show Answer


Q149) Every agreement is necessarily regarded a contract. Show Answer


Q150) An agreement which is enforceable by law at the option of one or more of the parties thereto, but not at the option of the other or others, is void. Show Answer


Q151) When the consent of a party is not free, the contract is Show Answer


Q152) In case of illegal agreements, the collateral agreements are Show Answer


Q153) Arun has two cars- one of white colour and another of red colour. He offers to sell one of the cars to Basu thinking that he is selling the car which has white colour. Basu agrees to buy the car thinking that Arun is selling the car which has red colour. Will this agreement become a valid contract? Show Answer


Q154) A dress is displayed in the showroom with a price tag attached to the dress. A buyer interested in the dress and ready to pay the price mentioned in the tag approached the shopkeeper for purchasing the dress. Show Answer


Q155) A agrees to pay Rs. 1,000 to B if a certain ship returns within a year. However, the ship sinks within the year. In this case, the contract becomes Show Answer


Q156) A notice in the newspaper inviting tenders is Show Answer


Q157) A and B agree to deal in smuggled goods and share the profits. A refuses to give B’s share of profit. In this case: Show Answer


Q158) Which one of the following statements is correct? Show Answer


Q159) A voidable contract is one which Show Answer


Q160) On the face of a ticket, it is mentioned that to look for the terms and conditions look behind. Mr. A bought the ticket but didn’t read the terms and conditions. He: Show Answer


Q161) It does not effect the free consent of the parties, Show Answer


Q162) __________ contract is made without intention of parties. Show Answer