In a valid contract what comes first mcq
WebMar 1, 2024 · Contingent Contracts and Quasi Contracts – Business Law MCQ Questions with Answers. 1. A makes a contract with B to buy B’s horse if A survives C. This is _____. (a) a Quasi-contract (b) a Void contract (c) a Contingent contract (d) a Conditional contract Answer: (c) a Contingent contract. 2. An insurance contract is _____. (a) Contingent ... WebQuestion 1. It is vital to be able to distinguish between terms and mere representations. In relation to this, which one of the following statements is true? a) Generally, statements of opinion tend not to amount to representations or terms of the contract. b) If a party makes a representation that turns out to be untrue, the other party can ...
In a valid contract what comes first mcq
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WebThe correct sequence in formation of a contract is: A Offer, acceptance, consideration, agreement B Offer, Consideration, acceptance, agreement C Agreement, consideration, offer, acceptance D Offer, acceptance, …
WebAn extraordinary equitable remedy that compels a party to execute a contract according to the precise terms agreed upon or to execute it substantially so that, under the … WebA contract is an agreement between parties, creating mutual obligations that are enforceable by law. The basic elements required for the agreement to be a legally enforceable contract are: mutual assent , expressed by a valid offer and acceptance; adequate consideration ; capacity; and legality. In some states, elements of consideration …
WebWhat comes first in a valid contract is A. Enforceability B. Money C. Force D. None of the above Answer: Option A Join The Discussion * Related Questions on Indian Contract Act … WebDec 8, 2010 · CPT Law Imp MCQs on Contract Act 1. [THE INDIAN CONTRACT ACT,1872] December 8, 2010 Important MCQ’s on Contract act Q.1 When the consent to an agreement is obtained by undue influence, the agreement is voidable at the option of 1. either of the parties to the agreement 2. a party whose consent is obtained 3. a party who obtained the …
Web2. Void vs. Voidable. A valid and void contract are two different types of contracts that parties should be aware of. Specifically, a valid contract is one that was entered into …
WebDetailed Solution for Test: Nature Of Contracts- 1 - Question 30. As per Indian Contract Act 1872, section 10 contains option a,c and d except option b. Reasonable term and condition is not necessary to make a contract. Use Code STAYHOME200 and get INR 200 additional OFF. Use Coupon Code. ravenswood indianapolisWebThe Test: Other Essential Elements Of A Valid Contract- 1 questions and answers have been prepared according to the CA Foundation exam syllabus.The Test: Other Essential … simpkins coffee flavoured dropsWebApr 10, 2024 · The correct answer is Impossibility known to the parties at the time of making of the contract. Key Points Doctrine of Supervening Impossibility: . The Indian Contract Act, 1872 states in Section 56, paragraph 2, that if the doctrine of supervening impossibility applies and a contract becomes impossible or illegal to perform after it is formed, it will … simpkins corporation does not pay dividendsIn a valid contract, what comes first A. Enforceability B. Acceptance C. Promise D. Proposal Answer: Option D Join The Discussion * Related Questions on Indian Contract Act Indian Contract Act:- Gods displayed in showcase of a shop with price tag is - A. Invitation to offer B. Counteroffer C. Communication D. None of these View Answer simpkins coffee travel sweetsWebIn a valid contract, what comes first (a) enforceability (b) acceptance (c) promise (d) proposal. 15. Under section 2(c) promisor is the (a) person who makes the proposal (b) person who accepts the proposal (c) person who … ravenswood industrial corridorWebAt common law, duress makes the contract: a) Voidable b) Void c) Illegal d) A valid contract that binds both parties. Where undue influence has been used to form the contract, the effect is that the contract is: a) Void b) A valid contract … ravenswood international raceway facebookWebMCQs on Indian Contract Act 1872 with answers is been discussed here. The Indian Contract Act 1872 is a part of Legal aspects of Business (LAB). This Multiple Choice … ravenswood il condos for sale