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An Agreement Becomes A Contract When Mcq

What are the conditions of a valid and binding contract? 23. An agreement without consideration is valid if it is concluded.8 ……….. is a unilateral treaty in which only one party must keep its promise or commitment. (a) Invalid Contract 26. Under the Indian Contract Act, a third party (a) who is the beneficiary under the contract may bring a legal action (b) by whom the consideration was undertaken, c) May not bring legal action, even if the consideration comes from him. (d) May not bring legal action in the absence of contract law. 35. Which of the essential elements of the indemnity contract is as follows: (a) contract to damage the loss (b) The loss must be inflicted on the holder of the compensation. (c) The loss may be caused by the promise or another person (d) All of the above points. (c) A proposal, if adopted, becomes a promise [section 2] 3. The contract is defined as a legally enforceable agreement, empty section. of the Indian Contract Act.

27. Which of the following is not compatible? (a) A minor (b) A person with an unhealthy mind (c) A person who has been disqualified by a law of the contract (d) All these 30. When an agreement is plagued by uncertainty. It`s…….. (a) Countervailable (b) Invalid (c) Unenforceable (d) Illegal. 37. An agreement legally applicable to the choice of a party (a) Valid Contract (b) Invalid Contract (c) Questionable Contract (d) Illegal Contract 31. All illegal agreements are…….. (a) Invalid- ab- initio (b) Valid (c) Quota (d) Enforceable 1. An agreement consists of reciprocal promises between at least One debt of gratitude is acceptable to share the position. they must or must succeed to meet the needs of the crew. How to develop a Smart Contract 5.

A enters into a contract with B to beat his competitor. Here is an example of 4. In the case of purely national agreements, the intention of the parties to establish a legal relationship is 25. The term “contractual prudence” means (a) A contract is only a contract between the parties (b) A contract is a private document (c) Only private documents can be contracts (d) Contacts can be expressed in a habitual and appropriate way. 33. A potential contract is a contract to do something or not to do it when an event, guarantees occur for such a contract (a) (b) do not occur (c) Neither (a) nor (b) (d) either (a) or (b) 17. Which of the following has the right order. (a) Offer, Acceptance, Consideration, Offer. (b) offer, acceptance, consideration, contract (c) contract, acceptance, consideration, offer. (d) Offer, Consideration, Acceptance, Contract. 28. “Consensus – ad – idem” means …….

(a) General consensus (b) Meeting on the same case along the same lines (c) Reaching agreement (d) reaching a treaty 11. Any agreement and promise applicable by law is ………… (a) Offer 6. Which of the following legal statements is wrong? (a) An agreement enforceable by law is a contract [§2] 18. In trade and trade agreements, the intention of the parties to establish a legal relationship is a) existed (b) explicitly expressed in writing (c) Irrelevant or all (d) Not applicable. . . .

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