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.Management Sciences
Category: 1872 Contract Act
When the person to whom the proposal is made signifies his assent thereto the proposal is said to be accepted than its called _________________?
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A. Proposal
B. Promise
C. Agreement
D. None of these
An agreement enforceable by law is called________________?
A. An agreement
B. Contract
C. Both A and B
D. None of above
A contract which ceases to be enforceable by law becomes void when it ceases to be enforceable is called________________?
A. Valid contract
B. Voidable contract
C. Void contract
D. None of above
The Contract Act of 1872 was enacted on_______________?
A. 25th April, 1872
B. 25th May, 1872
C. 25th June, 1872
D. None of above
A proposes by letter to sell a house to B The Communication of the proposal is complete________________?
A. When A make such proposal
B. When B accepts the proposal
C. Both A and B
D. None of above
Definition of agent is provided in section _________________ of the Contract Act, 1872?
A. 175
B. 180
C. 185
D. None of above
Free consent is defined in section_______________ of the Contract Act?
A. 10
B. 14
C. 18
D. None of above
An agreement which is enforceable by law at the option of one or more of the parties there to but not at the option of other or others is _______________?
A. A void contract
B. A voidable contract
C. A valid contract
D. All of above
The bailment of goods as security for payment of debt or performance of a promise is called_______________?
A. Pledge
B. Special bailment
C. Both A and B
D. None of above
Any guarantee obtained by means of misrepresentation made by the creditor or with his knowledge and assent concerning a material part of the transaction is_________________?
A. Valid
B. Invalid
C. Both A and B
D. None of above
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