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CA Foundation Other Essential Elements of a Contract — practice questions

Explore 2 free Other Essential Elements of a Contract questions in CA Foundation Business Laws. Open each question or exercise to read its content, reference answers and available explanation.

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Other Essential Elements of a Contract questions and exercises with answers

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Worked practice questions

Match each flaw in consent

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Matching pairs
  1. Left
    Coercion
    Right
    Forcing agreement by an unlawful threat
  2. Left
    Undue influence
    Right
    One party dominating the other's will
  3. Left
    Fraud
    Right
    A deliberate deception to induce agreement
Instructions
Tap a term on the left, then tap what it means.
_Source: The Indian Contract Act 1872 bare act, 14. "Free consent" defined_

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True or false: consent and capacity

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Questions
  1. Statement is true
    Yes
    Statement
    Every person of the age of majority and sound mind is competent to contract.
  2. Statement is true
    Yes
    Statement
    An agreement without free consent may be voidable.
  3. Statement is true
    No
    Statement
    Coercion and undue influence are the same thing under the Act.
  4. Statement is true
    Yes
    Statement
    A contract needs a lawful object as well as lawful consideration.
Instructions
Decide whether each statement about the Act is true or false.
_Source: The Indian Contract Act 1872 bare act, 11. Who are competent to contract_

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