Question 1

A contingent contract dependent on the non happening of a future uncertain event becomes void when such event

Accepted Answer

A) Happens 
B) Does not become impossible 
C) Does not happen 
D) Both (a) and (b) 
A) Happens 
B) Does not become impossible 
C) Does not happen 
D) Both (a) and (b)

Question 2

Can a person who is usually of unsound, but occasionally of sound mind, make a contract?

Accepted Answer

A) Yes, he can always make a contract 
B) Yes, but only when he is sound mind 
C) No, he cannot make contract 
D) Can't be determined 
A) Yes, he can always make a contract 
B) Yes, but only when he is sound mind 
C) No, he cannot make contract 
D) Can't be determined

Question 3

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

Accepted Answer

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

Question 4

The special damages ie, the damages which arise due to so a special or unusual circumstances

Accepted Answer

A) Are not recoverable altogether 
B) Are illegal being punitive in nature 
C) Cannot be claimed as a matter of right 
D) Can be claimed as a matter of right 
A) Are not recoverable altogether 
B) Are illegal being punitive in nature 
C) Cannot be claimed as a matter of right 
D) Can be claimed as a matter of right

Question 5

When the offeree offers to qualified acceptance of the offer subject to modifications and variations he is said to have made a

Accepted Answer

A) Standing, open or continuing offer 
B) Counter offer 
C) Cross offer 
D) Special offer 
A) Standing, open or continuing offer 
B) Counter offer 
C) Cross offer 
D) Special offer

A contingent contract dependent on the non happening of a future uncertain event becomes void when such event

Can a person who is usually of unsound, but occasionally of sound mind, make a contract?

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

The special damages ie, the damages which arise due to so a special or unusual circumstances

When the offeree offers to qualified acceptance of the offer subject to modifications and variations he is said to have made a

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

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

Contract Law and Consideration: Understanding Free Consent and Unlawful Agreements

Contract Law and Sale of Goods

Corporate Law

Cheques and Banking Procedures

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Exam 4: Indian Contract Act

A contingent contract dependent on the non happening of a future uncertain event becomes void when such event

Can a person who is usually of unsound, but occasionally of sound mind, make a contract?

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

The special damages ie, the damages which arise due to so a special or unusual circumstances

When the offeree offers to qualified acceptance of the offer subject to modifications and variations he is said to have made a

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

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

Contract Law and Consideration: Understanding Free Consent and Unlawful Agreements

Contract Law and Sale of Goods

Corporate Law

Cheques and Banking Procedures

Filters