CA Foundation Contractact — practice questions

Explore 6 free Contractact questions in CA Foundation Businesslaw. Open each question or exercise to read its content, reference answers and available explanation.

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Contractact questions and exercises with answers

Showing questions 1–6 of 6.

Under the Indian Contract Act 1872, an agreement enforceable by law is aRead the answer and worked solution →CAFOUNDATION · Businesslaw · Spot the Error — Business LawsRead the answer and worked solution →CA Foundation · Businesslaw · Contract — Spot the ErrorRead the answer and worked solution →CA Foundation · Businesslaw · Valid or Void ContractRead the answer and worked solution →CA Foundation · Businesslaw · Quasi-Contract ExamplesRead the answer and worked solution →CA Foundation · Businesslaw · Odd One Out — Contract LawRead the answer and worked solution →

Worked practice questions

Under the Indian Contract Act 1872, an agreement enforceable by law is a

tort
contract
proposal
consideration

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Correct answer: B. contract

Section 2(h): 'An agreement enforceable by law is a contract.'

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CAFOUNDATION · Businesslaw · Spot the Error — Business Laws

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Questions

Statement parts
1. A
2. contract
3. without
4. consideration
5. is
6. valid
7. under
8. Section
9. 25
10. .
Correction
void
Incorrect part
valid
Statement parts
1. An
2. agreement
3. enforceable
4. by
5. law
6. is
7. an
8. offer
9. .
Correction
contract
Incorrect part
offer
Statement parts
1. Acceptance
2. must
3. be
4. communicated
5. by
6. the
7. offeror
8. .
Correction
offeree
Incorrect part
offeror
Statement parts
1. A
2. minor's
3. contract
4. is
5. always
6. voidable
7. at
8. his
9. option
10. .
Correction
void ab initio
Incorrect part
voidable

Instructions

One word is wrong in each statement of law.

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CA Foundation · Businesslaw · Contract — Spot the Error

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Questions

Statement parts
1. An
2. agreement
3. enforceable
4. by
5. law
6. is
7. called
8. an
9. offer
10. .
Correction
contract
Incorrect part
offer
Statement parts
1. Section
2. 10
3. of
4. the
5. Indian
6. Contract
7. Act
8. lists
9. what
10. makes
11. a
12. contract
13. void
14. .
Correction
valid
Incorrect part
void
Statement parts
1. A
2. minor's
3. agreement
4. is
5. always
6. voidable
7. at
8. his
9. option
10. .
Correction
void ab initio
Incorrect part
voidable
Statement parts
1. Consideration
2. is
3. not
4. essential
5. for
6. a
7. valid
8. contract
9. under
10. Section
11. 25
12. .
Correction
is essential (with limited exceptions)
Incorrect part
not

Instructions

Tap the wrong word in each Contract Act statement.

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