India Mcqs

Indian Contract Act (Law)

Match List-I with List-II and select the correct answer by using the given below the lists : List-I List-II a. A Railway Time Table 1. Is invitation to offer b. Public Notification for Tender 2. Is a general offer c. Picking up an article from shelves And putting it in his basket in a 'Self-service Mall' 3. Is acceptance of an offer d. 'A' says to 'B' That if 'A's offer is not accepted, 'B' should say 'No' immediately 'B' keeps silent 4. It is not he acceptance of the offer

A.a-2, b-1, c-4, c-3

B.a-1, b-2, c-3, c-4

C.a-4, b-2, c-1, c-3

D.a-3, b-4, c-2, c-1

An acceptance can be revoked

A.At any time before the communication of acceptance is complete as against the promisee

B.After its acceptance comes to the knowledge of the promise

C.Both A and B

D.Neither A nor B

A contingent contract is:-

A.Dependent or conditional upon the happening or non-happening of a future event or contingency

B.Dependent or conditional upon the happening of a future event or contingency

C.Independent or unconditional contract

D.None of the above  

Which one of the legal propositions is correct?

A.It is necessary for a contract to be valid that the consideration should be adequate

B.Inadequacy of consideration does not affect the validity of the agreement

C.Inadequacy of consideration renders the contract void ab initio

D.An agreement made on account of natural love and affection, without consideration is void