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11. |
"Reciprocal" Contracts means |
A. |
One sided contracts |
B. |
Bilateral contracts |
C. |
Trilateral contracts |
D. |
None of above |
Answer: Option B
Explanation:
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12. |
Promise which forms the consideration or part of the consideration for each other is called |
A. |
Simple promise |
B. |
Conditional promise |
C. |
Reciprocal promise |
D. |
None of above |
Answer: Option C
Explanation:
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13. |
An agreement not enforceable by law is called |
A. |
Void agreement |
B. |
Valid agreement |
C. |
Voidable agreement |
D. |
None of above |
Answer: Option A
Explanation:
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14. |
An agreement enforceable by law is called |
A. |
An agreement |
B. |
Contract |
C. |
Both (a) and (b) |
D. |
None of above |
Answer: Option B
Explanation:
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15. |
An agreement which is enforceable by law at the option of one or more of the parties there to but not at the option of other or others is |
A. |
A void contract |
B. |
A voidable contract |
C. |
A valid contract |
D. |
All of above |
Answer: Option B
Explanation:
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16. |
A contract which ceases to be enforceable by law becomes void when it ceases to be enforceable is called |
A. |
Valid contract |
B. |
Voidable contract |
C. |
Void contract |
D. |
None of above |
Answer: Option C
Explanation:
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17. |
A proposes by letter to sell a house to B The Communication of the proposal is complete |
A. |
When A make such proposal |
B. |
When B accepts the proposal |
C. |
Both (a) and (b) |
D. |
None of above |
Answer: Option B
Explanation:
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18. |
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 |
Answer: Option C
Explanation:
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19. |
A proposal may be revoked by ways as are provided in section_____ of the Contract Act 1872. |
Answer: Option B
Explanation:
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20. |
As per section 6 of the Contract Act, 1872 there are_____ ways for revocation of proposal. |
Answer: Option C
Explanation:
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