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.Management Sciences
Category: 1872 Contract Act
A person employed to do any act for another or to represent another in dealings with third person is called_______________?
A. Servant
B. Labour
C. Agent
D. None of above
As per section 185 of the Contract Act, 1872 consideration is_________________?
A. Necessary to create agency
B. Not necessary to create agency
C. Depends upon type of agency
D. None of above
A proposal may be revoked at any time___________________?
A. Before the communication of its acceptance
B. Before the rejection of its communication
C. Both A and B
D. None of above
All the agreements are contracts if they are made by free consent of the parties competent to contract for a ___________ consideration and object ?
A. Any
B. Lawful
C. Unlawful
D. None of above
Section 5, of the Contract Act, deals with________________?
A. Communication of contract
B. Acceptance of contracts
C. Revocation of proposals and acceptances
D. None of above
The term “Pledge” means________________?
A. A thing which is given as security
B. A thing which is saled out
C. Both A and B
D. None of above
A makes a contract with B to buy B’s horse if A survives C. This contract cannot be enforceed by law ?
A. Unless and until C dies in A’s life time
B. Unless and until A dies in C’s life time
C. Both A and C dies
D. None of above
Agreement contingent on impossible events are________________?
A. Void
B. Voidable
C. Both A and B
D. None of above
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