25. The term “contract” means (a) A contract is only a contract between the parties (b) A contract is a private document (c) Only private documents may be contracts (d) Contacts may be expressed in a usual and appropriate manner. An agreement consists of mutual promises between at least 31 people. All illegal agreements are ……….. a) Nul- ab- initio (b) Valid (c) Conditional (d) Enforceable “A contract is an agreement that establishes and defines obligations between the parties” the definition was given by (a) Dr. Ambedkar (b) Pollock (c) Salmonds (d) N.D.Kapoor Last answer: (c) Salmonds 30. When an agreement suffers from uncertainty. It`s……….. (a) Voidable (b) Invalid (c) Unenforceable (d) Illegal. 11. Any legally enforceable agreement or promise is …………… (a) Offer 6. Which of the following legal opinions is incorrect? (a) A legally enforceable agreement is a contract [§ 2] 18.

In trade and commercial agreements, the intention of the parties to create a legal relationship is (a) presumed to exist, (b) expressly expressed in writing(c) Irrelevant or complete (d) Not applicable. 28. “Consensus – ad – idem” means ……. (a) General consensus (b) Disagreements on the same issue along the same lines (c) Conclusion of an agreement (d) Conclusion of a contract The parties may be natural (“natural”) or legal persons (“Companies”). An agreement is reached when an “offer” is accepted. The parties must intend to be legally bound; and to be valid, the agreement must have both a correct “form” and a legitimate purpose. In England (and in jurisdictions that apply the principles of the English Treaty), the parties must also exchange “quid pro quos” to create “reciprocity of engagement” as in Simpkins/Country. [40] 25.

The term “private” 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 usual and appropriate way. 37. A legally enforceable agreement at the choice of a party(a) Valid Contract (b) Nullity Agreement (c) Voidable Contract (d) Illegal Contract 3. The contract is defined as a legally enforceable agreement, see . of the Indian Contracts Act. 13. A promises to hand over his watch to B, and in return B promises to pay a sum of 2,000. It is said that there is an (a) agreement (b) proposal (c) acceptance (d) offer A contract is …………. a) A promise to do something or to abstain, to do something.

(b) A notice of intent to do or refrain from doing anything(c) A series of promises. (d) A legally enforceable agreement. Final answer: (d) A legally binding agreement. 18. In commercial and commercial contracts, the intention of the parties to establish a legal relationship is a) presumed (b) expressly written( (c) irrelevant or d) not applicable. In certain circumstances, a tacit contract may be concluded. A contract is implied when the circumstances indicate that the parties have entered into an agreement even if they have not done so expressly. For example, John Smith, a former lawyer, may implicitly sign a contract by going to a doctor and getting examined; If the patient refuses to pay after the examination, he has broken an implied contract. An implied contractual contract is also known as a quasi-contract because it is not a contract; Rather, it is a means for the courts to remedy situations in which one party would be unfairly enriched if it were not obliged to compensate the other. Quantum Meruit`s claims are an example of this.

1. An agreement consists of mutual promises between at least one undue influence is a just doctrine that is a person who abuses a position of power over another person through a particular relationship such as between parent and child or lawyer and client. As a just doctrine, the court has discretion. If there is no special relationship, the question arises as to whether such a relationship of trust existed and which should lead to such a presumption. [112] [113] [114] 2.2 Conditional: This is the most common type of mutual promise, which is almost always a controversial topic when arguing because a government contract is being breached. 4. In the case of purely national contracts, the intention of the parties to establish a legal relationship is 12. According to section 2(e) of the Indian Contracts Act, “any promise and set of promises that constitute consideration for each other is a contract a/a) b) agreement (c) offer (d) acceptance 33. A conditional contract is a contract intended to do or not to do something when an event, a guarantee to such a contract occurs (a) (b) not (c) Neither (a) nor (b) (d) Either (a) or (b) 32. A promise to give money or money when an uncertain event is detected or established is considered ………… (a) Betting Agreement (b) Illegal Agreement (c) Illegal Agreement (d) Questionable Agreement.

24. If only part of the consideration or object is illegal, the contract is (a) valid to the extent that it is lawful (b) invalid to the extent that it is illegal (c) valid in its entirety (d) Invalid as a whole. 22. Consideration in a contract: (a) May be past, present or future (b) May not be present or future (c) May only be present (d) May be only in the future. 23. An agreement without consideration is valid if it is concluded 2. Any promise and any promise that constitutes consideration for each other is a/year. 35. Which of the following parties is the essential part of the indemnification contract: (a) Contract for compensation for damage (b) The damage must be inflicted on the holder of the compensation.

(c) The loss may be caused by the promisor or any other person (d) All of the foregoing. Does the question refer to incorrect data/report numbers? 38. A promise of liberty may (a) be enforced (b) not executed (c) enforced in a court (d) None of the above 34. The term “Quantum Meruit” literally means – (a) As much as what is earned (b) Does it itself (c) A contract of sale (d) As much as earned. 36. How the Agency is created: (a) By direct appointment (b) implicitly (c) By necessity (d) All of the above (a) Partial and qualified (b) Absolute and unqualified (c) Partial and unqualified (d) Absolute and qualified 7. The agreement, the meaning of which is uncertain, is (a) null and void 19. The offer implied by the conduct of the parties or by the circumstances of the case means …….. (a) Implicit offer (b) Explicit offer (c) General offer (d) Specific offer 20. An offer will be revoked (a) by the death or incompetence of the proposer (b) By the expiry of the period (c) By notification of the declaration of revocation (d) All these 39. If A B makes an offer on a given day, the offer may be withdrawn by A before (c) a proposal, if accepted, becomes a promise [Section 2] 8. …………..

is a unilateral contract in which only one party must fulfill its promise or obligation. a) Invalid contract 16. With a cup of coffee in a restaurant, X Y invites you to dine at his house on a Sunday. Y hires a taxi and arrives at X`s at the agreed time, but x does not keep his promise. Can Y claim damages from X? a) Yes, because he suffered there b) No, because the intention was not to establish a legal relationship. (c) (A) or (b) (d) None of these. 29. A contract concluded without the free consent of the parties is ……. (a) Valid (b) Illegal (c) Cancellable (d) Invalid ab- initio 5.

A enters into a contract with B to beat his competitor. This is an example of (a) Out of love and affection due to a close relationship (b) Pay a prescribed debt (c) Compensate a person who has already done something voluntarily (d) All of the above (a) Include a term whose non-compliance would amount to acceptance. (b) intend to establish legal relations. (c) have specific and unambiguous terms. (d) be communicated to the person to whom it is made. The performance of one party depends on the performance of an obligation by the other party. If such a party does not fulfill its contractual obligation, the first party cannot keep its promise. The assessment of the cross-compliance or other conditionality of an undertaking depends on the facts and circumstances of the case. Let`s take a look at the previous image. If contracts “A” and “B” also require “A” to build a road leading to the proposed bridge so that “B” can bring heavy machinery and equipment to the site, then a breach of “A” would affect this obligation to fulfill the capacity of “B”, its part of the contract.

Although the contract does not expressly state that the construction of the road is a prerequisite for the start of work on the bridge, the transaction would continue to be considered a mutual promise due to its nature and purpose, i.e., without the road, work on the bridge could not begin. Each party must be a “competent person” with the force of law. 17. Which of the following conditions is in the correct order? (a) Offer, Acceptance, Consideration, Offer. (b) Offer, Acceptance, Consideration, Contract (c) Contract, Acceptance, Consideration, Offer. . . .