Unit VI · Topic 1Essential elements of contract and e-contract – Previous Year Questions

Which of the following statement is correct?

1. (a)An agreement made without consideration is voidable
2. (b)An agreement made without consideration is void✓
3. (c)A contract made without consideration is valid
4. (d)A contract made without consideration is void

A minor is allowed to enforce a contract:

1. (a)Which of some benefit to him and under which he is required to bear no obligation
2. (b)Which is beneficial to him without any expense✓
3. (c)Which is of some importance to him and under which he stands to gain some material gain
4. (d)Which is of no benefit to him and under which he is required to bear obligation

Arrange the sequence of the following events in which they occur in a contract, using the code:

(1) Communication of offer (2) Invitation of offer (3) Fraud (4) Damages

Codes:

1. (a)2 — 1 — 3 — 4✓
2. (b)1 — 2 — 3 — 4
3. (c)4 — 2 — 1 — 3
4. (d)4 — 3 — 2 — 1

Some, all or none of the following statements are right. Answer using the code.

(1) A minor is liable for breach of a contract to which he is a party

(2) A minor is liable to pay for necessaries for his spouse

(3) Supply of necessaries to a minor is a contract

(4) Necessaries supplied to a minor need not be according to his station in life, for the supplier to claim damages

Codes:

1. (a)All statements are right
2. (b)All statements are wrong
3. (c)Only statement (iii) is right✓
4. (d)Only statement (ii) is wrong

Promissory estoppel against Government agencies is decided in:

1. (a)Tweedle v. Atkinson, 4 L.T. 468
2. (b)Button v. Poole, 83 L.R. 523
3. (c)Delhi Clothi and General Mills Ltd. v. Union of India, AIR 1987 SC 2414✓
4. (d)Kedar nath v. Garie Mohd. ILR (1886) 14 Col 64

Which one of the following statements is right?

1. (a)Two or more persons are said to consent when they agree upon something in some sense
2. (b)Two or more persons are said to consent when they agree upon the same thing in the same sense✓
3. (c)Two or more persons are said to enter into a contract when they agree upon the same thing in the same sense
4. (d)Two or more persons are said to enter into a quasi contract when they agree upon the same thing in the same sense

An acceptance given by post:

1. (a)can be revoked at any time
2. (b)cannot be revoked at all
3. (c)can be revoked, if it does not reach to the proposer✓
4. (d)can be revoked, even if it comes to the knowledge of proposer

A promise to pay time barred debt is:

1. (a)Not enforceable
2. (b)Enforceable at the discretion of debtor
3. (c)Enforceable under exception✓
4. (d)None of the above

Which of the following statements is correct?

1. (a)Third party can always sue for breach of contract
2. (b)Wagering agreements are illegal
3. (c)When consent is not free, agreement will always be voidable
4. (d)Catalogue is an invitation to offer✓

Two statements are given in this question. One is labeled a Assertion (A) and the other is labled as Reason (R). Examine these statements and select the correct combination of the codes. Assertion (A): Partial acceptance is not acceptance Reason (R): Acceptance must be absolute and unconditional

1. (a)Both (A) and (R) are correct✓
2. (b)Both (A) and (R) are wrong
3. (c)(A) is correct, but (R) is wrong
4. (d)(A) is false, but (R) is correct

A counter offer is:

1. (a)an invitation to offer
2. (b)an acceptance to offer
3. (c)a rejection of the offer✓
4. (d)a conditional acceptance

An agreement with minor is void, hence:

1. (a)Minor is never allowed to enforce such agreement
2. (b)Minor is allowed to enforce such agreement, if it was made for his benefit
3. (c)Minor is always allowed to enforce such agreement
4. (d)Minor is allowed to enforce such contract when other party makes no objection✓

Consensus ad idem means:

1. (a)Common Intention
2. (b)Meeting of Minds✓
3. (c)Common Object
4. (d)None of the above

Two statements are given in this question. One is labelled as Assertion (A) and the other is labelled as Reason (R). Examine these statements and select the correct combination of the codes. Assertion (A): Collateral transaction to wagering agreement is enforceable by law. Reason (R): Wagering agreement is not illegal.

1. (a)Both Assertion (A) and Reason (R) are correct✓
2. (b)Assertion (A) is correct, but Reason (R) is wrong
3. (c)Both Assertion (A) and Reason (R) are wrong
4. (d)Reason (R) is correct, but Assertion (A) is wrong

Match List-I with List-II and select and correct answer using the codes given below:

List-I:

A. General offer

B. Contract by telephonic communication

C. Acceptance given in ignorance of proposal

D. Remoteness of damages

List-II:

1. Bhagwandas v. Girdharilal

2. Lalman v. Gauridatt

3. Carlil v. Carbolic Smoke Ball Co.

4. Hadley v. Baxendale

Codes:

1. (a)A-1, B-2, C-3, D-4
2. (b)A-3, B-1, C-2, D-4✓
3. (c)A-2, B-4, C-1, D-3
4. (d)A-1, B-4, C-3, D-2

An agreement enforceable at law is a:

1. (a)Legal agreement
2. (b)Moral agreement
3. (c)Acceptance
4. (d)Contract✓

Every promise and every set of promises, forming the consideration for each other is:

1. (a)Contract
2. (b)Offer
3. (c)Acceptance
4. (d)Agreement✓

In a minor's agreement:

1. (a)Minor cannot be estopped from pleading his minority
2. (b)Contract is void
3. (c)Minor is estopped from pleading his minority
4. (d)Both (A) and (B) are right✓

The age of majority for the purpose of Contract Act is:

1. (a)21 years for boys and girls
2. (b)18 years for boys and girls✓
3. (c)21 years for girls
4. (d)20 years for boys

Which of the following statements are true?

Minor's contract can be ratified on attaining majority

Minor's contract cannot be ratified on attaining majority

Minor's contract can be ratified jointly by both the parties to the contract

Minor is not liable under minor's contract Codes:

1. (a)1 and 3
2. (b)2 and 4✓
3. (c)1 and 2
4. (d)2 and 3

Arrange the following concepts in sequence in which they appeared. Use the codes given below:

Offer by x to y

Undue influence of x over y

Demand of damages by y from x

Acceptance of the offer by y Code:

1. (a)1, 2, 3, 4
2. (b)1, 4, 3, 2
3. (c)2, 1, 4, 3✓
4. (d)2, 4, 1, 3

Which one of the following pairs is correctly matched?

1. (a)In India, consideration must follow from promisee only
2. (b)In India, consideration must follow from only promisor or only promisee
3. (c)In India, consideration must follow from promisor or any other person
4. (d)In India, consideration must follow promisee or any other person✓

Arrange the following concepts in a sequence in which they appeared. Use the code given below:

Right of an unpaid seller to stop goods in transit

Agreement to sell goods

Damages for breach of contract of sale of goods

Conditions and warranties Code:

1. (a)2, 4, 3, 1
2. (b)4, 2, 1, 3✓
3. (c)2, 1, 4, 3
4. (d)1, 2, 4, 3

An offer and an acceptance to it must be in the

1. (a)same time
2. (b)same place
3. (c)same sense✓
4. (d)none of the above

Which of the following statements are true?

Past consideration is no consideration under Indian and English Law

Post consideration is no consideration under Indian Law

Past consideration is no consideration under English Law

Past consideration is made in past Codes:

1. (a)1 and 2
2. (b)2 and 3
3. (c)3 and 4✓
4. (d)4 and 1

Arrange the following concepts in which they appeared. Use the code given below:

Invitation to offer

Damage

Offer

Damages Codes:

1. (a)1, 3, 2, 4✓
2. (b)1, 3, 4, 2
3. (c)3, 1, 2, 4
4. (d)1, 4, 3, 2

Match n item in List-I with an item in List-II, using code given below: List-I: A. Capacity B. Damages C. Remedy D. Public policy List-II:

Breach

Unruly horse

Compensation

Sound mind Codes:

1. (a)A-4, B-3, C-2, D-1
2. (b)A-1, B-2, C-4, D-3
3. (c)A-3, B-4, C-1, D-2
4. (d)A-4, B-3, C-1, D-2✓

Which one of the following pairs does not match?

1. (a)Novation of contract — Section 62
2. (b)Agreement in restraint of legal proceedings — Section 29✓
3. (c)Tender of performance — Section 38
4. (d)Unlawful object and consideration — Section 23

Which one of the following is correct statement?

1. (a)Every agency is partnership
2. (b)Every partnership is agency✓
3. (c)Every partnership is limited company
4. (d)Every private limited company is partnership

A and B are friends. A told to B to show him a new movie in a posh theatre, upon which A promised to offer him lunch in a 5 star hotel. But A gave lunch to B in a road side dhaba. Decide A's liability using codes given below.

1. (a)A is liable because there was intention to create legal relation between A and B
2. (b)A is not liable because there was no intention to create legal relation between A and B✓
3. (c)B was mistaken
4. (d)A was mistaken

Arrange the following concepts in sequence in which they occur, using codes given below:

Offer is communicated

Counter offer is made

Offer is rejected

Counter offer is accepted

1. (a)1, 2, 3, 4
2. (b)1, 3, 2, 4✓
3. (c)1, 2, 3, 4
4. (d)2, 1, 3, 4

Following are essentials of valid contract:

Parties to contract should have capacity to contract

Parties to contract should have legal mind

Parties to contract should be intelligent

Invitation to offer should be accepted Find correct answer, using codes:

1. (a)Only (i) is correct✓
2. (b)Only (i) and (ii) are correct
3. (c)all of above are correct
4. (d)Only (ii) is correct

Find correct legal principle from following statements:

1. (a)A company may do an act which is necessary for an incidental to the attainment of its objects or which is otherwise not authorized by the Act
2. (b)A company may not do act which is necessary for or incidental to the attainment of its objects which is otherwise not authorized by the Act
3. (c)A company may do act which is necessary for or incidental to the attainment of its objects or which is otherwise not authorized by the Act✓
4. (d)A company may not do act which is unnecessary for or incidental to the attainment of its goals or which is otherwise barred by the Act

Read Assertion (A) and Reason (R) and with help of codes given below, point out the correct explanation. Assertion (A): A contract of sale may be absolute or conditional. Reason (R): There is no absolute condition for a contract of sale. Code:

1. (a)(A) and (R) are true and (R) is correct explanation of (A)
2. (b)(A) and (R) are true but (R) is not correct explanation of (A)
3. (c)(A) is true, but (R) is false✓
4. (d)(A) is false, but (R) is true

Find the correct legal statement from following statements:

1. (a)Every partner is liable, severally with all the other partners and jointly for all acts of the firm done while he is a partner
2. (b)Every partner is liable, joinly with all the other partners and severally for all acts of the firm done while he is a partner✓
3. (c)Every partner is liable only for acts done by him as acts of the firm done while he is a partner
4. (d)Sleeping partner is not liable for acts done by him as acts of the firm done while he is a partner

Read Assertion (A) and Reason (R) and with help of codes given below, point out the correct explanation. Assertion (A): It is the duty of the banker to be acquainted with the customer's handwriting. Reason (R): A banker must be handwriting expert. Code:

1. (a)(A) and (R) are true and (R) is correct explanation of (A)
2. (b)(A) and (R) are true but (R) is not correct explanation of (A)
3. (c)(A) is true, but (R) is false✓
4. (d)(A) is false, but (R) is true

X invites his friend Y on dinner but later on declined to arrange it on specified day.

1. (a)X is liable for breach of contract
2. (b)X is liable, if Y goes to the house of X and returns without dinner
3. (c)X is liable for breach of contract, if Y gets dinner in hotel
4. (d)X is not liable for breach of contract✓

Match List-I with List-II and select the correct answer using the codes given below the lists. List-I: A. Breach of contract B. Revocation of offer C. Consent D. Frustration List-II:

Impossible to perform

Same thing in the same sense

Compensation

Lapse of stipulated time Codes:

1. (a)A-1, B-3, C-4, D-2
2. (b)A-2, B-4, C-1, D-3
3. (c)A-3, B-1, C-2, D-4
4. (d)A-3, B-4, C-2, D-1✓

Which one of the following pairs does not match?

1. (a)Negotiable instrument — A piece of paper
2. (b)Negotiability — Acquisition of property by one's own conduct
3. (c)Nemo dot quod — Negotiable non Instruments✓
4. (d)Negotiable — Transfer by instrument simple delivery

Which of the following statements is wrong?

1. (a)A condition can become warranty when waived by buyer
2. (b)A condition can become warranty when buyer accepts goods
3. (c)A condition can never become warranty✓
4. (d)Under a condition, a buyer has right to reject goods

Essentials of valid contract is

1. (a)Meeting of minds✓
2. (b)Meeting of parties
3. (c)Meeting to discuss consideration
4. (d)Meeting to discuss proposal and acceptance

Read Assertion (A) and Reason (R) and with help of codes given below, point out the correct explanation. Assertion (A): A proposal, when accepted, results in an agreement. Reason (R): It is only after the acceptance of the proposal that a contract between the two parties can arise. Codes:

1. (a)Both (A) and (R) are true and (R) is good explanation of (A)✓
2. (b)Both (A) and (R) are true, but (R) is not a correct explanation of (A)
3. (c)(A) is true, but (R) is false
4. (d)(A) is false, but (R) is true

A minor is son of a beggar. He is told by a law professor that he would not be liable for any goods he purchases. The minor purchases a car and a bread loaf. Decide liability for payment of car and bread loaf, using codes given below.

1. (a)The minor is liable to pay price of car and bread loaf
2. (b)The minor is liable to pay reasonable compensation for car
3. (c)The minor is liable to pay price of bread
4. (d)The minor's parent/guardian is liable to pay reasonable compensation for bread loaf✓

Arrange following concepts in sequence in which they occur, using codes given below:

Offer

Acceptance

Damage

Damages Codes:

1. (a)4, 3, 2, 1
2. (b)1, 2, 4, 3
3. (c)1, 4, 2, 3
4. (d)1, 2, 3, 4✓

Find right answer from following statements:

1. (a)Every partnership is based on mutual agency✓
2. (b)Every agency is based on mutual partnership
3. (c)Every agent is a partner
4. (d)Every partner is a sleeping partner

Read Assertion (A) and Reason (R) and with help of codes given below, point out the correct explanation. Assertion (A): The doctrine of indoor management seeks to protect the company against the outsider. Reason (R): The company has right to privacy. Codes:

1. (a)Both (A) and (R) are true and (R) is correct explanation of (A)
2. (b)Both (A) and (R) are true, but (R) is not correct explanation of (A)
3. (c)(A) is true, but (R) is false✓
4. (d)(A) is false, but (R) is true

Choose correct Statement from following:

1. (a)Right against the goods can be exercised only by a paid seller
2. (b)Right against the goods can be exercised only by an unpaid seller✓
3. (c)Right against the goods can be exercised only by a paid buyer
4. (d)Right against the goods can be exercised only by an unpaid buyer

Match items in Table A with items in Table B, using codes given below: Table A: A. Prabhu Dayal v. Jwala Bank, ILR 1938 All. 634 B. Discharge from liability by cancellation C. Payment in due course D. Protest Table B:

Section 100

Section 10

Forgery of signature

Section 82 Code:

1. (a)A-1, B-3, C-2, D-4
2. (b)A-3, B-4, C-2, D-1✓
3. (c)A-4, B-3, C-2, D-1
4. (d)A-2, B-1, C-3, D-4

Under the Indian Contract Act, Acceptance of Proposal should be

1. (a)Conditional or Unconditional
2. (b)Conditional but not absolute
3. (c)Unconditional and absolute✓
4. (d)Unconditional but not absolute

Contractual liability arises, where

1. (a)There is offer and acceptance only
2. (b)There is intention to create legal relation✓
3. (c)There is loss to one party
4. (d)The loss of one party is the gain of other party

There may be a contract without consideration, if

1. (a)Agreements is in writing and registered
2. (b)Parties to the agreements are in near relationship
3. (c)Agreements is made due to natural love and affection
4. (d)All the above elements are presents✓

Which one of the following statements is true?

1. (a)Intimation of minimum price is proposal
2. (b)An agreements against public policy is voidable
3. (c)An agreements, the meaning of which is not certain is void✓
4. (d)Contingent contracts are illegal

Which one of the following pairs does not match?

1. (a)Definition and essentials of sale — E. & S 5:02 Ruben Ltd. v. Faire Bros., (1949) 1 KB 254
2. (b)Formalities of sale — Drumond & Sons v. Van Ingen, (1887) 12 App. Cases 284
3. (c)Conditions implied by trade and usage — Peter Darlington Partners Ltd. v. Gosho Co. Ltd. (1964) 1 Lloyds Rep. 149✓
4. (d)Sale by sample — Rawland v. Divall, (1923) 2 KB 500 CA

Which one of the following statements is true?

1. (a)The order contained in the bill of exchange may be conditional
2. (b)A bill of exchange must contain a request to pay
3. (c)Every bill of exchange is a promissory note
4. (d)The payee must be certain✓

For a valid contract acceptance should be

1. (a)absolute and qualified
2. (b)partial but unqualified
3. (c)absolute and unqualified✓
4. (d)absolutely qualified

Consideration must be legal

Consideration can be illegal Code:

1. (a)(i) and (ii) are correct
2. (b)(ii) and (iii) are correct✓
3. (c)(iii) and iv) are correct
4. (d)(i) and (iv) are correct

In Jyotindra Bhattachatjee v. Mrs. Sona Baton Bora, it was held that

1. (a)the onus of proving soundness of mind of a person always rests upon a person who alleges such state of mind of another person
2. (b)the onus of proving unsoundness of mind of a person always rests upon a person who alleges such state of mind of another person✓
3. (c)the onus of proving unsoundness of mind rests upon person of unsound mind
4. (d)the onus of proving unsoundness of mind is on the judge deciding the case involving person of unsound mind

Read Assertion (A) and Reason (R) and give the correct explanation with the help of codes given below: Assertion (A): Agreement is void when both parties are under mistake as to the matter of law. Reason (R): Parties entering into a contract are legally obliged to know the law relating to the contract. Code:

1. (a)(A) and (R) are correct and (R) is correct
2. (b)(A) is correct, but (R) is wrong
3. (c)(R) is correct, but (A) is wrong
4. (d)Both (A) and (R) are wrong✓

Which of the following statements are correct? Answer using codes given below: In order that a person can be called a holder in due course, he must show:

that he is the drawer of the negotiable instrument

that he has obtained it without consideration

that he has obtained it before the maturity of the negotiable instrument

that he has obtained the negotiable instrument in good faith Codes:

1. (a)1 and 2 are correct
2. (b)2 and 3 are correct
3. (c)3 and 4 are correct✓
4. (d)1 and 4 are correct

A is liable to pay both sums as it is a promise between A and grocer

A is not liable to pay either of the sums as both of them are joint and not separate

1. (a)1 and 2✓
2. (b)1 and 3
3. (c)2 and 4
4. (d)3 and 4

"X makes an offer to Y. X dies the next day, but Y does not know of the death. Y sends a communication to the address of X accepting the offer". Is the agreement formed between the parties? Choose the correct answer.

Requirements of offer followed by acceptance are met

Absence of knowledge of death will not invalidate the agreement

No meeting of minds, which does not render it to a agreement

Death of the offerer reduces it to nullity Codes:

1. (a)1 and 3
2. (b)1 and 2
3. (c)3 and 4✓
4. (d)2 and 4

Match items of List-I with those of List-II and choose the correct answer using codes: List-I A. Food corporation of India v. Ram keshav Yadav B. Keday Nath Bhattachariji v. Gori Mohammed C. K. Balakrishna v. K.kamalam D. Satyabrata Goshe v. Magniram Bangur & Co. List-II

Impossibility of performance

Capacity of minor to enter into contract

Offer and acceptance

Consideration Codes:

1. (a)A-4, B-2, C-3, D-1
2. (b)A-4, B-3, C-2, D-1✓
3. (c)A-3, B-4, C-2, D-1
4. (d)A-1, B-2, C-3, D-4

Agreement without consideration is valid under Indian Law. Among the following statements choose the one which is against this rule:

1. (a)When agreement written exist on accounts of natural love and affection
2. (b)When the consideration is too inadequate✓
3. (c)Where the consideration is past one
4. (d)Where the consideration is from third party

Choose the incorrect combination:

1. (a)Proposal + Acceptance = promise
2. (b)Promise + Consideration = Agreement
3. (c)Agreement + Enforceability = Contract
4. (d)Proposal + Consideration = Acknowledge✓

Match List-I with List-II and select the correct answer using the codes given below the Lists: List-I A. Doctrine of unjust Enrichment B. Doctrine of absolute contract C. Doctrine of Estoppel D. Doctrine of Pari Delicto List-II

Section 11 of contract Act

Section 56

Contract 72

Section 23 Code:

1. (a)A-1, B-3, C-2, D-4
2. (b)A-2, B-3, C-1, D-4
3. (c)A-3, B-2, C-1, D-4✓
4. (d)A-4, B-2, C-3, D-1

Which one statement is correct from the following statements?

1. (a)A director of a company as a director is a servant of the company
2. (b)A director is an agent of his company✓
3. (c)A director is not a fiduciary person of his company
4. (d)A director is master of his company

Match List-I with List-II and select the correct answer using codes given below. Answer in context of the Negotiable Instruments Act: List-I A. Time of place for presentment B. Cheques are payable in demand C. Holder of a negotiable instrument D. Fictitious drawer of payee List-II

Section 19

Section 8

Section 61

Section 42 Code:

1. (a)A-1, B-4, C-2, D-3
2. (b)A-3, B-2, C-4, D-1
3. (c)A-2, B-3, C-4, D-1
4. (d)A-2, B-3, C-1, D-4

Which of the following statement is correct?

1. (a)Open cheques are those which cannot be directly presented to the drawee bank for payment across the counter
2. (b)A 16-year old girl can draw a cheque✓
3. (c)Indorsement is written on front of a cheque
4. (d)Indorsement cannot be made by the holder of a negotiable instrument

Which of the following statements is correct?

1. (a)A contract is voidable because it was caused by a mistake as to any law in force in India
2. (b)A mistake as to law not in force in India has the same effect as a mistake of fact✓
3. (c)A contract is voidable merely because it was caused by one of the parties to it being under a mistake as to a matter of fact
4. (d)Where both the parties to an agreement are under a mistake as to a matter of fact essential to the agreement, the agreement is not void

An agreement without consideration is valid, unless:

1. (a)It is in writing and registered
2. (b)Is a promise to compensate for something done
3. (c)It is made by two minors✓
4. (d)Is a promise to pay a debt barred by limitation law

A proposal is revoked:

1. (a)By the notice of revocation of the proposal
2. (b)By the lapse of a reasonable time if the time is prescribed in the proposal
3. (c)By acceptance of a condition precedent to acceptance
4. (d)By the death or insanity of the proposer, if the fact of his death or insanity comes to the knowledge of the acceptor before acceptance

Which of the following statement is incorrect?

1. (a)A cheque is a bill of exchange, but every bill of exchange is not a cheque
2. (b)A cheque is always payable on demand
3. (c)A cheque is a conditional order from the drawer of a cheque to the drawee bank to make payment of money only✓
4. (d)A post dated cheque cannot be considered as a valid cheque till the date of maturity

Read Assertion (A) and Reason (R) and answer using the code given below: Assertion (A): For the proper exercise of the functions of a director, it is essential that he be distinterested, that is, be free from any conflicting interest. Reason (R): Conflict is injurious to mental and physical health. Code:

1. (a)Both (A) and (R) are correct, and (R) is correct reason for (A)
2. (b)(A) is correct, but (R) is wrong
3. (c)Both (A) and (R) are incorrect✓
4. (d)Both (A) and (R) are correct, but (R) is not correct legal reason for (A)

Match the items of List-I with the items of List-II and choose the correct answer from the code given below: List-I A. Section 54 of the Sale of Goods Act B. Section 40 of the Sale of Goods Act C. Section 37 of the Sale of Goods Act D. Section 15 of the sale of Goods Act List-II

Risk where goods are delivered at distant place

Delivery of wrong quantity

Sale by description

Rights of unpaid seller against the goods Code:

1. (a)A-1, B-4, C-2, D-3
2. (b)A-4, B-1, C-2, D-3✓
3. (c)A-4, B-1, C-3, D-2
4. (d)A-2, B-3, C-1, D-4

"Consideration means a reasonable equivalent of other valuable benefit passed on by the transferor to the transferee Similarly, when the word 'Consideration' was qualified by the word 'adequate' it makes the consideration stronger so as to make it sufficient and valuable having reagard to the facts, circumstances and necessitites of the case." Above Principle was laid down in

1. (a)Sonia Bhatia v. State of U.P.✓
2. (b)LIC of India v. Pushapa P. Mansukhani
3. (c)Dipraich Sugar Mills Ltd.v. Mazdur Union
4. (d)A.B.C. Laminart Pvt. Ltd. v. A.P. Agencies, Salem.

Which of the following statements is right?

1. (a)An agreement not to do an impossible act in itself is void
2. (b)An agreement to do a possible act is void
3. (c)An Agreement to do and act impossible in itself is void✓
4. (d)A contract to do an act, which after the contract is made becomes impossible, or, by reason of some event which the promisor could not prevent to be unlawful, becomes valid, when the act becomes impossible or unlawful

Match the items of List-I with the items of List-II and choose the correct answer from the code given below: List-I A. Remoteness of damage B. Proof of loss to be given to claim special damages C. Loss of profit is special loss D. Consequences of delay List-II

Chief Secretary, State of Gujarat v. Kothari and Associates

Madras Railway Co. v. Govind Rau

Karasandas H. Thacker v. Saran Engg. Co. Ltd.

Union of India v. Steel Stock Holders. Code:

1. (a)A-1, B-2, C-4, D-3
2. (b)A-2, B-1, C-3, D-4✓
3. (c)A-2, B-3, C-1, D-4
4. (d)A-4, B-1, C-3, D-2

Read Assertion (A) and Reason (R) and answer using codes given below: Assertion (A): It shall not be a defence in a prosecution for an offence under Section 138 of the Negotiable Instrument Act that the drawer had no reason to believe when he issued the cheque that the cheque may be dishonoured on presentment for the reason stated in that Section. Reason (R): Above assertion is laid down in Section 140 of the Negotiable Instrument Act. Code:

1. (a)Both (A) and (R) are wrong
2. (b)Both (A) and (R) are right and (R) is correct explanation of (A)✓
3. (c)(A) is right, but (R) is wrong
4. (d)(R) is right, but (A) is wrong

Match List-I with List-II and select the correct answer using codes given below: List-I (Exceptions to doctrine of indoor management) A. Knowledge of irregularity B. Suspicion of irregularity C. Forgery D. Acts outside apparent authority List-II (Judgement)

T.R. Pratt Ltd. v. M.T. Ltd.

Ruben v. Great Fingall Consolidated

Anand Behari Ltd. v. Dinshaw & Co.

Morris v. Kanssen Code:

1. (a)A-2, B-3, C-1, D-4
2. (b)A-4, B-1, C-3, D-2
3. (c)A-1, B-4, C-2, D-3
4. (d)A-4, B-1, C-2, D-3✓

Which of the following statement is correct?

1. (a)A condition is a stipulation collateral to any purpose of the contract
2. (b)A warranty is a stipulation collateral to any purpose of the contract
3. (c)When a buyer waives a warranty, it becomes a condition
4. (d)Where a contract of sale is not servable and the buyer has accepted the goods or part thereof, the breach of any condition to be fulfilled by the seller can only be treated as a breach of warranty and not as a ground for rejecting the goods and treating the contract as repudiated, unless there is a term of the contract, express or implied to that effect✓

Read Assertion (A) and Reason (R) and answer using codes given below: Assertion (A): Notwithstanding a contract between the partners, a partner shall not indemnify the firm for any loss caused to it by his wilful neglect in the conduct of the business of the firm. Reason (R): Because Section 13(f) of Indian Partnership Act stipulates so. Codes:

1. (a)Both (A) and (R) are right and (R) is correct explanation of (A)
2. (b)(A) and (R) are wrong✓
3. (c)(A) is right and (R) is wrong
4. (d)(R) is right and (A) is wrong

Read Assertion (A) and Reason (R) and with the help of codes given below, point out the correct explanation. Assertion (A): In Mohori Bibee v. Dharmodas Ghose, Sir Lord North observed: "The question whether a contract is void or voidable does not presuppose the existence of a contract within the meaning of the (Contract) Act and can arise in the case of an infant." Reason (R): Ever since this decision in Mohori Bibee v. Dharmodas Ghose Case, it has been doubted that a minor's agreement is void. Codes:

1. (a)Both (A) and (R) are right and (R) is correct explanation of (A)
2. (b)Both (A) and (R) are wrong✓
3. (c)(A) is wrong, but (R) is right
4. (d)(A) is right, but (R) is wrong

"An offer need not be made to all the world which is to ripen into a contract with anybody who comes forward and performs the condition. It is an offer to become liable to anyone who, before it is retracted, performs the conditions, and although the offer is made to the world, the contract is made with that limited portion of the public who come forward and perform the condition on the faith of the advertisement." Above statement is attributed to

1. (a)Bowen L.J. in Weeks v. Tybald
2. (b)Bowen L.J. in Carlill v. Carbolic Smoke Ball Co.✓
3. (c)Bowen L.J. in Lalman Shukla v. Gauri Dutt
4. (d)Bowen L.J. in Malraju Lakshmi Venhayamma v. Venkata Narasimha Appa Rao

The court will enquire whether consideration was equivalent to the promise which was given in return

Inadequacy of consideration may be taken into account by the court in determining the question whether the consent of promisor was freely given Codes:

1. (a)1, 2, 3 and 4 are correct
2. (b)Only 2, 3 and 4 are correct
3. (c)Only 3 and 4 are correct
4. (d)Only 4 is correct✓

Read Assertion (A) and Reason (R) and answer using codes given below: Assertion (A): It is well settled that if and when there is frustration, the dissolution of the contract does not occur automatically. It depends on the ground of repudiation or breach, or on the choice or election of either party. It does not depend on the effect of what has actually happened on the possibility of performing the contract. Reason (R): Because Lord Wright laid down this principle in Denny, Mott & Dickson Ltd. v. James B. Fraser & Co. Ltd. Codes:

1. (a)Both (A) and (R) are right and (R) is correct explanation of (A)
2. (b)Both (A) and (R) are wrong✓
3. (c)(A) is right, but (R) is wrong
4. (d)(A) is wrong, but (R) is right

Match List-I with List-II and select the correct answer using codes given below: List-I (Principle) A. Illegal condition of depositing a cheque B. Filing a complaint for dishonour of a cheque against a company. C. Negligence in collection of a forged demand draft D. Liability of a collecting bank for negligence. List-II (Judgement)

United Bank of India v. Bank of Baroda.

Central Bank of India Ltd. v. V. Gopinathan Nair

S. Ramasamy M.D. v. T. Ayyappa

Pradeep Bhauraoji Lanarkar v. The State of Maharashtra. Code:

1. (a)A-4, B-3, C-2, D-1
2. (b)A-3, B-4, C-1, D-2
3. (c)A-4, B-3, C-1, D-2✓
4. (d)A-2, B-1, C-3, D-4

Which of the following statement is correct?

1. (a)A promissory note or a bill of exchange in which time for payment is specified is payable on demand
2. (b)If the endorser signs his name only, the endorsement is said to be "in full"
3. (c)Where an instrument may be construed either as a promissory note or a bill of exchange, the holder may at his election treat it as either, and the instrument shall be then forward treated accordingly✓
4. (d)If the amount undertaken or ordered to be paid is stated differently in figures and in words, the amount stated in figures shall be the amount undertaken or ordered to be paid

Read Assertion (A) and Reason (R) and using codes given below, write the correct answer. Assertion (A): The creditors of a limited company are particularly happy due to doctrine of indoor management, it would be happier still if the company could escape liability by denying the authority of the officials to act on its behalf. Reason (R): Because L.C.B. Gower has written so. Codes:

1. (a)Both (A) and (R) are right and (R) is the correct explanation of (A)
2. (b)Both (A) and (R) are wrong✓
3. (c)(A) is right, (R) is wrong
4. (d)(R) is right, (A) is wrong

Read Assertion (A) and Reason (R) and write the correct answer by using codes given below: Assertion (A): The essence of sale is the transfer of goods in property from the seller to the buyer. Reason (R): Because Section 4 of sale of Goods Act stipulates so. Codes:

1. (a)Both (A) and (R) are right and (R) is correct explanation of (A)
2. (b)Both (A) and (R) are wrong✓
3. (c)(A) is right and (R) is wrong
4. (d)(R) is right and (A) is wrong

Match the items of List-I with the items of List-II and choose the correct answer from the code given below: List-I A. Proposal B. Invitation to make an offer C. Communication of acceptance of offer by acceptor himself D. Revocation of offer List-II

Grainger & son v. Gough

Maharashtra Rajya Sahakari Kappas Utpadak Vipanan Mahasabha Ltd. v. Managa Bhaga Chaudhary

Henthorn v. Fraser

Powell v. Lee Code:

1. (a)A-2, B-1, C-4, D-3✓
2. (b)A-1, B-2, C-4, D-3
3. (c)A-2, B-1, C-3, D-4
4. (d)A-4, B-3, C-1, D-2

Given below are two statements, one labeled as Assertion (A) and the other labeled as Reason (R). Read the statements and choose the correct answer using the code given below: Assertion (A): An agreement made with consideration is void unless it is in writing are registered. Reason (R): Because Section 25(1) of the Indian Contract Act stipulates so. Code:

1. (a)Both (A) and (R) are true and (R) is the correct explanation of (A)✓
2. (b)Both (A) and (R) are true, but (R) is not the correct explanation of (A)
3. (c)(A) is true, but (R) is false
4. (d)(A) is false, but (R) is true

Which of the following statement is correct?

1. (a)A person who wrongfully rescinds a contract is entitled to compensation for any damage which he sustained through the non-fulfilment of the contract
2. (b)A person who rightfully rescinds a contract is not entitled to compensation for any damage which he has sustained through the non-fulfilment of the contract
3. (c)A person who rightfully rescinds a contract is entitled to compensation for any damage which he has sustained through the non-fulfilment of the contract✓
4. (d)A person who rightfully rescinds a contract is entitled to compensation for any damage which he has not sustained through the non-fulfilment of the contract

Every person is competent to contract

1. (a)Who is of the age of minority according to law to which he is subject, and who is of sound mind, and is not disqualified from contracting by any law to which he is subject
2. (b)who is of the age of majority according to law to which he is not subject, and who is of sound mind, and is not disqualified from contracting by any law to which he is subject
3. (c)who is of the age of majority according to law to which he is subject, and who is of sound mind, and is not disqualified from contracting by any law to which he is subject
4. (d)Who is of the age of majority according to law to which he is subject, and who is of sound mind, and is not disqualified from contracting by any law to which he is subject✓

Match the items of List-I with the items of List-II and choose the correct answer from the code given below: List-I (Types of Vitiating elements of a contract) A. Undue influence B. Misrepresentation C. Fraud D. Mistake List-II (Relevant case-law)

Nursey Spg. and Wvg. Co Ltd. Re

Jaggan Nath v. Secy of State for india

Lancashire loans v. Black

Deny v. Peek Code:

1. (a)A-2, B-4, C-3, D-1
2. (b)A-1, B-3, C-4, D-2
3. (c)A-3, B-1, C-4, D-2✓
4. (d)A-3, B-1, C-2, D-4

Match List-I with List-II and select the correct answer using the codes given below: List-I (Principles of mutual rights and liabilities of partners) A. Remuneration to a partner in absence of an agreement on this matter B. Fixation of remuneration by agreement in respect of a partner does not alter his status as a partner C. Interest on the capital of a partner D. Action against a partner for balance to another List-II (Relevant case-law)

Md. Abdul Sattar v. State of Andhra Pradesh

Ghisulal v. Ghumbirmal

Shelat Brothers v. Nanalal Harilal Shelat

Bhagchand v. Kaluram @ Moolchand Code:

1. (a)A-4, B-2, C-1, D-3
2. (b)A-3, B-1, C-2, D-4
3. (c)A-1, B-3, C-4, D-2
4. (d)A-3, B-1, C-4, D-2✓

Match the items of List-I with the items of List-II and choose the correct answer from the code given below: List-I A. Laps of offer B. General offer C. Communication of offer D. Implied offer List-II

Week v. Tybald

Henthon v. Fraser

Coffe Board v. CCT

Lalman Shukla v. Gauri Dutt Code:

1. (a)A-4, B-3, C-1, D-2
2. (b)A-2, B-1, C-3, D-4
3. (c)A-2, B-1, C-4, D-3✓
4. (d)A-1, B-2, C-4, D-3

"Consideration is the recompense given by the party contracting to the other": Above definition given by

1. (a)Pollack
2. (b)Justice Patterson
3. (c)Cheshire and Fifoot
4. (d)Blackstone✓

Which of the following statement is correct?

1. (a)Acceptance may be made in the manner prescribed or indicated by the offerer
2. (b)Acceptance has to be made in the manner prescribed or indicated by the offerer
3. (c)Acceptance has to be made in the manner prescribed or indicated by the offerer✓
4. (d)Acceptance need not be made in the manner prescribed or indicated by the offerer

Read Assertion (A) and Reason (R) and answer using the code given below: Assertion (A): A contract is a property in the nature of a promise supported by some consideration upon which either the remedy of specific performance of that of damage is available. Reason (R): Above principal is laid down in sunrise Associates v. Govt, of NCT of Delhi? Code:

1. (a)Both (A) and (R) are correct
2. (b)Both (A) and (R) are incorrect✓
3. (c)(A) is correct, but (R) is incorrect
4. (d)(R) is correct, but (A) is incorrect

Which of the following statement is correct?

1. (a)Notwithstanding any express contract the seller of goods is not bound to deliver them until the buyer applies for delivery
2. (b)Apart from any express contract, the seller of goods is not bound to deliver them until the buyer applies for delivery✓
3. (c)Apart from any express contract the seller of goods is bound to deliver them until the buyer applied for delivery
4. (d)Apart from any express contract, the buyer of goods is bound to deliver them when the seller applies for delivery

Read Assertion (A) and Reason (R) and give the correct answer by using the code given below: Assertion (A): A proposal may be revoked at any time before the communication of its acceptance is complete as against the proposer. But not afterwards. Reason (R): Section 5 of the Indian contract Act 1872, deals with the revocation of proposals and acceptances. Code:

1. (a)Both (A) and (R) are correct, but (R) is not related to (A)
2. (b)(A) is correct, but (R) is wrong
3. (c)(A) is wrong, but (R) is correct
4. (d)Both (A) and (R) are correct, and (R) is the correct explanation of (A)✓

a motive for any promise

something of value in the eye of law Code:

1. (a)1 and 3 are correct
2. (b)1 and 4 are correct✓
3. (c)2, 3 and 4 are correct
4. (d)3 and 4 are correct

Consider the following statement and give correct answer with the help of code given below: The case of Mohari Bibee v. Dharmodas Ghose:

has laid down that a minor's contract become valid when he attains majority

is the decision of the Supreme Court of India regarding minor's contract

is the decision of Privy Council regarding voidness of minor's contract

has laid down that contract without consideration is void Code:

1. (a)3 and 4 are correct, but 1 and 2 are incorrect
2. (b)1 and 2 are correct, but 3 and 4 are incorrect
3. (c)3 is correct, but 1, 2 and 4 are incorrect✓
4. (d)2 and 4 are correct, but 1 and 3 are incorrect

Read Assertion (A) and Reason (R) and give the correct answer with the help of codes given below: Assertion (A): Acceptance is to offer what a lighted match is to a train a gunpowder. Reason (R): Acceptance cannot be separate from offer. Code:

1. (a)(A) is true but (R) is false✓
2. (b)(A) is false but (R) is true
3. (c)Both (A) and (R) are true, and (R) is the correct explanation of (A)
4. (d)Both (A) and (R) are true but (R) is not the correct explanation of (A)

Under the Indian Contact Act, 1872. Which one of the following is not true, by one who does not fall in the meaning of fraud:

1. (a)Active concealment of fact
2. (b)Suggestion, as a fact, of which is not true, by one who does not believe it to be true
3. (c)Positive assertion of unwarranted statements✓
4. (d)A promise made without any intention of performing it

Given below are two statements, one labeled as Assertion (A) and the other labeled as Reason (R). Read the statements and choose the correct answer using the code given below: Assertion (A): The communication of a proposal is complete when it comes to the knowledge of the person to whom it is made. Reason (R): Section 4 of the Indian Contract Act, 1872 deals with the issue of completeness of communications. Codes:

1. (a)Both (A) and (R) are correct, but (R) is not related to (A)
2. (b)(A) is correct, but (R) is false
3. (c)(R) is correct, but (A) is false
4. (d)Both (A) and (R) are true and (R) is the correct explanations of (A)✓

Match the items of List-I with the items of List-II and choose the correct answer from the code given below: List-I (Section of Indian Contract Act 1872) A. Section 2(f) B. Section 2(e) C. Section 2(a) D. Section 2(c) List-II (Definition)

Proposal

Promisor and Promisee

Reciprocal Promises

Agreement Code:

1. (a)A-1, B-3, C-2, D-4
2. (b)A-3, B-4, C-2, D-1
3. (c)A-3, B-4, C-1, D-2✓
4. (d)A-4, B-2, C-3, D-1

A minor fraudulently misrepresenting his age is stopped from denying the truth of his statements

Estoppel does not operate to render a statute ineffective and so minor's agreements is always void Choose the correct answer from the code given below:

1. (a)2 and 3
2. (b)1 and 3✓
3. (c)1 and 2
4. (d)1, 2 and 3

The communication of an acceptance is complete as against the proposer

1. (a)when it is posted to him
2. (b)when it comes to the knowledge of the proposer✓
3. (c)when the letter containing acceptance is received by the proposer
4. (d)when it is put in the course of transmission, so as to be out of the acceptor's power

The inadequacy of consideration will be taken into account by a court of law

1. (a)when the promisor expresses his desire to get maximum return for his promise
2. (b)when the promisor performs his promise
3. (c)when fraud, coercion or undue influence in the formation of the contract is pleaded✓
4. (d)always as the discretion of the Court

The principle 'Restitution stops where repayment begins' can be applied against

1. (a)an alien enemy only
2. (b)minors only✓
3. (c)lunatics and idiots only
4. (d)an incapable person

A valid contract can be entered into between parties under Indian Contract Act. Which of the following gives legal recognition to such contract.

Section 10-A of Information Technology Act

Section 65-B of Indian Evidence Act

Section 1(4) of Information Technology Act

Section 63 of Indian Evidence Act Choose the correct option:

1. (a)1 and 4
2. (b)1 and 2✓
3. (c)1 and 3
4. (d)3 and 4

Given below are two statements - One is labelled as Assertion (A) and the other is labelled as Reason (R): Assertion (A): The liability of the surety is co-executive and it cannot go beyond the terms of guarantee. Reasons (R): The rights and liabilities of a surety and borrower are different and distinct and everything depends upon its terms of guarantee. In the light of the above two statements choose the correct option:

1. (a)Both (A) and (R) are true and (R) is the correct explanation of (A)✓
2. (b)Both (A) and (R) are true and (R) is not the correct explanation of (A)
3. (c)(A) is true but (R) is false
4. (d)(A) is false but (R) is true

"An offer cannot be accepted unless it was brought to the knowledge of the person to whom it is made". This was laid down in the case of:

1. (a)Lalman Shukla v. Gauri Dutt✓
2. (b)Balfour v. Balfour
3. (c)Mcgregor v. Mcgregor
4. (d)Carlill v. Carbolic Smoke Ball Co

Arrange the provisions of the Indian Contract Act 1872 in chronological order (Section wise): (1) Who are competent to contract (2) Effect of mistakes as to law (3) What agreement are contracts (4) Agreements in restraint of marriage is void Choose the correct answer from the options given below:

1. (a)(3), (1), (4), (2)
2. (b)(1), (3), (2), (4)
3. (c)(3), (1), (2), (4)✓
4. (d)(1), (3), (4), (2)

Which one of the following is correct?

1. (a)A public company can be formed with a minimum of nine persons
2. (b)A private company can be formed with two or more persons✓
3. (c)Memorandum of Association is not required for registration of company
4. (d)Articles of Association is not required for registration of a company

Which of the following is false?

1. (a)A contract is frustrated where the actual and specific subject matter of the contract has ceased to exist
2. (b)A contract will frustrate where circumstances arise which make the performance of the contract impossible in the manner contemplated
3. (c)A contract which required personal performance by promisor is frustrated on the death of the promisor
4. (d)Ceasing of subject matter of contract does not frustrate the contract✓

Choose the correct answer from the options given below: (A) An agreement without consideration is a void contract (B) An agreement in restraint of marriage is a voidable contract (C) An unmeaning agreement is a void contract (D) An agreement to do impossible acts is a voidable contract (E) An agreement in restraint of legal proceeding is a void contract

1. (a)A and C only
2. (b)B and D only
3. (c)A, C and E only✓
4. (d)E only

Which of the following is incorrect?

1. (a)An agreement not enforceable by law is said to be voidable✓
2. (b)An agreement enforceable by law is a contract
3. (c)Every promise and every set of promises forming the consideration for each other is an agreement
4. (d)An agreement not enforceable by law is said to be void

"I promise to pay B Rs. 50,000/- and to deliver him my black horse on 1st March next." This is:

1. (a)A promissory note
2. (b)A bill of exchange
3. (c)An instrument payable on demand
4. (d)Not a promissory note✓

When the person to whom the proposal is made signifies his assent thereto, the proposal is said to be accepted. A proposal, when accepted:

1. (a)Becomes an agreement
2. (b)Becomes a promise✓
3. (c)Becomes a contract
4. (d)Becomes a consideration

Where an option to purchase land was exercisable by notice, in which of the following cases, it was held that the mere posting of the notice which was never delivered, was not a valid exercise of the option?

1. (a)Ram Das Chakrabarti V/s Cotton Ginning Co. Ltd (1887)
2. (b)J.K. Enterprises V/s State of M.P. (1997)
3. (c)Hyde V/s Wrench (1840)
4. (d)Holwell Securities Ltd. V/s Hughes (1974)✓

Match List-I with List-II: List-I A. Rose and Frank Co. V/s Crompton and Brother Ltd. B. Harris V/s Nickerson C. Olley V/s Marlborough Court Ltd. D. Powell V/s Lee List-II I. Standard form of contract II. Intention to create legal relations III. Acceptance must be communicated by the acceptor IV. Invitation to offer Choose the correct answer from the options given below:

1. (a)A-III, B-I, C-IV, D-II
2. (b)A-II, B-IV, C-I, D-III✓
3. (c)A-IV, B-I, C-II, D-III
4. (d)A-I, B-IV, C-III, D-II

Arrange the following statutory provisions on first comes basis as per the Indian Contract Act, 1872: A. Agreement void for uncertainty B. Discharge of surety by release or discharge of principal debtor C. Release of one co-surety does not discharge others. D. Co-sureties liable to contribute equally E. Rights of surety on payment or performance Choose the correct answer from the options given below:

1. (a)A, C, D, B, E
2. (b)A, B, C, E, D✓
3. (c)A, C, E, D, B
4. (d)C, A, D, B, E

Match the following

I -II

A. Fisher v. Bell

1. Privity of contract

B. Harvey v. Facey

2. Minor contract is void

C. Mohiri Bibi v. Dharodas Ghosh

3. Invitation to treat

D. Dunlop Tyre v. Selfridge and Co

4. Quotation of prices

Code

1. (a)3 4 2 1✓
2. (b)1 2 3 4
3. (c)4 2 1 3
4. (d)1 3 4 2

'I promise to pay Rs. 5000 and to deliver to him my black horse on 1st January next.' This is an illustration for which of the following?

1. (a)A valid promissory note
2. (b)An invalid promissory note✓
3. (c)A valid bill of exchange
4. (d)An invalid bill of exchange

In order to convert a proposal into a promise, the acceptance must be

A. Absolute

B. Unqualified

C. Conditional

D. Random

E. Expressed in some usual and reasonable manner

Choose the correct answer from the options given below

1. (a)A and B only
2. (b)A and C only
3. (c)A, B and E only✓
4. (d)B, C and D only

Given below are two statements: one is labelled as Assertion A and the other is labelled as

Reason R

(Assertion A) (Reason)

Assertion A : Mr X hand over a machine to Y, a common carrier, to deliver without any delay to the mill of Mr. X. Y unreasonably delays the delivery of the machine despite being informed that the mill is locked due to lack of machine. As a consequence Mr. X lose a government contract. He is entitled to receive compensation that includes the average amount of profit which he would have made during the time for which the delivery was delayed but not the loss sustained through the lose of the Government contract

A: 'X' 'Y' 'X' 'Y' , 'X'

Reason R : Compensation for the loss or damage caused by breach of contract is not to be given for any remote and indirect loss or damage sustained due to such breach

In the light of the above statements, choose the most appropriate answer from the options given below

1. (a)Both A and R are true and R is the correct explanation of A✓
2. (b)Both A and R are true but R is NOT the correct explanation of A
3. (c)A is true but R is false A R
4. (d)A is false but R is true A R

Match List I with List II

I II

List I/I List II

A. Soundness of mind I. Sec 14

B. Fraud

C. Free consent III. Sec 11

D. Competency to IV. Sec 17/17 contract

Choose the correct answer from the options given below

1. (a)A-I, B-II, C-III, D-IV
2. (b)A-II, B-IV, C-I, D-III✓
3. (c)A-II, B-III, C-I, D-IV
4. (d)A-II, B-IV, C-III, D-I

What is the effect of acceptance of offer in the context of formation of contract?

1. (a)A contract is created only after an offer is accepted✓
2. (b)A contract is created only after an offer is rejected
3. (c)A contract is not created after an offer is accepted
4. (d)A contract is created only after an offer is revoked

In which of the following case it was held that "an agreement by a minor is void"?

1. (a)Damodara Mudaliar v/s Secretary of State for India
2. (b)Mohori Bibee v/s Dharmodas Ghose✓
3. (c)Dharmodas Ghose v/s Brahmo Dutt
4. (d)Damodardass v/s R. Badrilal

Arrange the following cases related to the Indian Contract Act in chronological order (ascending)

A. State of Madhya Pradesh v. Gobardhan Dass

B. New India Assurance Co. v. Haryana Roadways, Sonipat

C. Chairman-cum-M.D. T.N. Tea Plantation Corp. Ltd. v. M/s. Srinivasa Timbers

D. G.S.R.T.C. v. B. Arunchandra & Co

1. (a)A, B, C, D✓
2. (b)B, C, D, A
3. (c)C, D, B, A
4. (d)D, B, A, C

Arrange the following in the order of their appearance in Section 2 of the Indian Contract Act, 1872

A. Proposal

B. Consideration

C. Agreement

D. Promise

E. Contract

Choose the correct answer from the options given below

1. (a)A, B, D, C, E
2. (b)D, B, A, E, C
3. (c)A, D, B, C, E✓
4. (d)B, D, A, E, C

Given below are two statements: one is labelled as Assertion A and the other is labelled as Reason R

Assertion A: Every company having net worth of rupees five hundred crores or more or turnover of rupees one thousand crore or more or a net profit of rupees five crore or more during the immediately preceding financial year shall constitute a Corporate Social Responsibility Committee (CSRC)

Reason R: The CSR Committee monitors CSR policy of the company. In the light of the above statements, choose the most appropriate answer from the options given below

1. (a)Both A and R are correct and R is the correct explantion of A
2. (b)Both A and R are correct but R is NOT the correct explanation of A
3. (c)A is correct but R is not correct
4. (d)A is not correct but R is correct

Match the LIST-I with LIST-II LIST-I (Concept under Indian Contract Act, 1872) LIST-II (Corresponding Sections)

A. Payment by interested person I. Section 69

B. Payment made under mistake or coercion II. Section 72

C. Liability of pay for non-gratuitous acts III. Section 68

D. Supply of necessaries IV. Section 70

Choose the correct answer from the options given below

1. (a)A-II, B-III, C-I, D-IV
2. (b)A-IV, B-I, C-III, D-II
3. (c)A-I, B-II, C-IV, D-III✓
4. (d)A-III, B-IV, C-II, D-I

Match List I with List II LIST I (Name of the case) LIST II (Subject Matter)

A. Lalman Shukla v. Gauri Dutt I. Section 30, Wagering Agreement

B. Carlill v. Carbolic Smoke Ball Co. II. Section 20, Mistakes of Fact

C. Hadley v. Baxendale III. Section 4, Communication when complete

D. Phillips v. Brooks IV. Section 73, Breach of Contract

Choose the correct answer from the options given below

1. (a)A-II, B-III, C-IV, D-I✓
2. (b)A-IV, B-II, C-I, D-III
3. (c)A-III, B-I, C-IV, D-II
4. (d)A-I, B-IV, C-III, D-II

Which one of the following cases distinguish between an offer and invitation to receive offers?

1. (a)Balfour v. Balfour, (1919)
2. (b)Lalman Shukla v. Gauri Datt, (1913)
3. (c)Harvey v. Facey, (1893)✓
4. (d)Carlill v. Carbolic Smoke Ball Co., (1893)