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.Management Sciences
Category: 1872 Contract Act
Agreement without consideration is___________________?
0
A. Void
B. Voidable
C. Valid
D. None of above
A contract to pay B Rs. 10,000 if B’s house is burnt the contract is________________?
A. Simple contract
B. Conditional Contract
C. Contingent Contract
D. None of above
A promises to pay B a sum of money if a certain ship return within a year. The Contract may be enforced if the ship returns with the year, and becomes __________________ if the ship is burnt within the year?
A. Void
B.
Voidable
C. Both A and B
D. None of above
The person making the proposal is called_________________?
A. Promiser
B. Promisee
C. Both of above
D. None of above
Every promise and every set of promises forming the consideration for each other____________?
A. A proposal
B. An offer
C. An agreement
D. None of above
Section_________ of the Contract Act, deals with enforcement of contract contingent on an event happening?
A. 30
B. 31
C. 32
D. None of above
In contract of guarantee the person who gives guarantee is called __________________?
A. Surety
B. Principal debtor
C. Both (a) and (b)
D. None of above
As per section 6 of the Contract Act, 1872 there are _______________ ways for revocation of proposal?
A. 2
B. 3
C. 4
D. None of above
As per section 143, of the Contract Act guarantee obtain by the creditor by concealment is _______________?
A. Invalid
B. Valid
C. Both A and B
D. None of above
When the person to whom the proposal is made signifies his assent thereto the proposal is said to be accepted than its called _________________?
A. Proposal
B. Promise
C. Agreement
D. None of these
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