21.
A proposal may be revoked at any time
A. Before the communication of its acceptance
B. Before the rejection of its communication
C. Both (a) and (b)
D. None of above
Answer: A
Explanation:
22.
In order to convert a proposal into a promise the acceptance must be
A. Conditional
B. Unconditional
C. Absolute
D. None of above
Answer: C
Explanation:
23.
All the agreements are contracts if they are made by free consent of the parties competent to contract for a _____ consideration and object
A. Any
B. Lawful
C. Unlawful
D. None of above
Answer: B
Explanation:
24.
The age limit for making a contract is
A. 16 years
B. 17 years
C. Majority
D. None of above
Answer: C
Explanation:
25.
A contract made by lunatic is____ in the eye of Law
A. Void
B. Valid
C. Absolute
D. None of above
Answer: A
Explanation:
26.
Free consent is_____ element for contract
A. Essential
B. Discretional
C. Exceptional
D. None of above
Answer: A
Explanation:
27.
The Term "Consent" means
A. Voluntary accordance with or concurrence in what is done or proposed by another
B. Free mind
C. Free will
D. All of the above
Answer: D
Explanation:
28.
Free consent is defined in section____ of the Contract Act
Answer: B
Explanation:
29.
The term "Coercion" means
A. Committing or threatening to commit any act forbidden by the Pakistan Penal Code
B. Compulsion
C. A unlawful pressure
D. All of the above
Answer: D
Explanation:
30.
The committing or threatening to commit any act forbidden by the Pakistan Penal Code, or the unlawful detaining or threatening to detain any property to the prejudice of any person whatever with intention of causing any person to enter into an agreement is called
A. Free consent
B. Coercion
C. Both (a) and (b)
D. None of above
Answer: B
Explanation:
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