Question 1

When the consent of a party is not free, the contract is:

Accepted Answer

A) Void 
B) Voidable 
C) Valid 
D) Illegal 
A) Void 
B) Voidable 
C) Valid 
D) Illegal

Question 2

Which of the following statement is true?

Accepted Answer

A) Consideration must result in a benefit to both parties 
B) Past consideration is no consideration in India 
C) Consideration must be adequate 
D) Consideration must be something which a promisor is not already bound to do 
A) Consideration must result in a benefit to both parties 
B) Past consideration is no consideration in India 
C) Consideration must be adequate 
D) Consideration must be something which a promisor is not already bound to do

Question 3

Which is the following is false? Consideration:

Accepted Answer

A) Must move at the desire of the promisor 
B) May move from any person 
C) Must be illusory 
D) Must be some value 
A) Must move at the desire of the promisor 
B) May move from any person 
C) Must be illusory 
D) Must be some value

Question 4

An agreement which is enforceable by law at the portion of one or more of the parties thereon but not at the option of the other or others is a :

Accepted Answer

A) Valid Contract 
B) Void Contract 
C) Voidable Contract 
D) Illegal Contract 
A) Valid Contract 
B) Void Contract 
C) Voidable Contract 
D) Illegal Contract

Question 5

Consideration in sample term means

Accepted Answer

A) Anything in return 
B) Something in return 
C) Everything in return 
D) Nothing in return 
A) Anything in return 
B) Something in return 
C) Everything in return 
D) Nothing in return

When the consent of a party is not free, the contract is:

Which of the following statement is true?

Which is the following is false? Consideration:

An agreement which is enforceable by law at the portion of one or more of the parties thereon but not at the option of the other or others is a :

Consideration in sample term means

Contract Law: Understanding Legal Agreements and Their Discharge, Breach, and Enforcement

Contract Law and Consideration: Understanding Free Consent and Unlawful Agreements

Indian Contract Act

Contract Law and Sale of Goods

Corporate Law

Cheques and Banking Procedures

Filters

Exam 1: Contract Law in India: Exploring Agreements, Offers, and Consideration

When the consent of a party is not free, the contract is:

Which of the following statement is true?

Which is the following is false? Consideration:

An agreement which is enforceable by law at the portion of one or more of the parties thereon but not at the option of the other or others is a :

Consideration in sample term means

Contract Law: Understanding Legal Agreements and Their Discharge, Breach, and Enforcement

Contract Law and Consideration: Understanding Free Consent and Unlawful Agreements

Indian Contract Act

Contract Law and Sale of Goods

Corporate Law

Cheques and Banking Procedures

Filters