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CA Foundation Nature of Contracts — practice questions — page 2

Explore 88 free Nature of Contracts questions in CA Foundation Businesslaw. Open each question or exercise to read its content, reference answers and available explanation.

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Nature of Contracts questions and exercises with answers

Showing questions 31–60 of 88.

The partnership chapter, Sections 239 to 266, was moved out of the Contract Act into the:Read the answer and worked solution →Which special contract is dealt with in Chapter 8 of the present Act?Read the answer and worked solution →Chapter 10 of the Indian Contract Act deals with the contract of:Read the answer and worked solution →The Indian Contract Act, 1872 is the principal law regulating:Read the answer and worked solution →An offer made by spoken or written words is known as:Read the answer and worked solution →An offer understood from the conduct of the parties or the circumstances is an:Read the answer and worked solution →An offer addressed to the public at large is called a:Read the answer and worked solution →An offer made to a particular, named person is called a:Read the answer and worked solution →An offeree who adds conditions that modify the offer has made a:Read the answer and worked solution →A offers to sell a car for Rs 50,000 and B replies that he will buy it for Rs 45,000. B's reply is:Read the answer and worked solution →To make a valid contract, the acceptance of an offer must be:Read the answer and worked solution →An offeree privately decides to accept but tells nobody. This is:Read the answer and worked solution →If acceptance is not in the prescribed mode and the offeror never objects, the offeror is deemed to have:Read the answer and worked solution →If the offer states no time limit, acceptance must be given within:Read the answer and worked solution →An acceptance that comes before the offer is made:Read the answer and worked solution →In contract law, the mere silence of an offeree amounts to:Read the answer and worked solution →Besides words, an offeree may signify acceptance through:Read the answer and worked solution →For valid consideration, the act must be done at the desire of the:Read the answer and worked solution →In India, consideration for a promise may be furnished by:Read the answer and worked solution →Unlike English law, Indian law treats past consideration as:Read the answer and worked solution →Courts do not examine the adequacy of consideration, provided it has:Read the answer and worked solution →A promise to do what one is already bound by law to do is:Read the answer and worked solution →Consideration given at the same time as the promise is called:Read the answer and worked solution →A serves B at B's request. A month later B promises to pay for it. A's service is:Read the answer and worked solution →An agreement whose object is an act forbidden by law is:Read the answer and worked solution →An agreement to procure a marriage for a reward is:Read the answer and worked solution →Selling a public office or title for money is unlawful because it is:Read the answer and worked solution →Under Section 11, a person competent to contract must have attained majority, which is normally:Read the answer and worked solution →If a court has appointed a guardian, the age of majority for contracts is:Read the answer and worked solution →Which of these is disqualified from contracting under other laws?Read the answer and worked solution →

Worked practice questions

The partnership chapter, Sections 239 to 266, was moved out of the Contract Act into the:

  1. Companies Act, 1956
  2. Partnership Act, 1932
  3. The LLP Act, 2008
  4. Sale of Goods Act
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Correct answer: B. Partnership Act, 1932

Chapter 11 on partnership was repealed when the Indian Partnership Act of 1932 took over the subject.

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Which special contract is dealt with in Chapter 8 of the present Act?

  1. Bailment and pledge
  2. Contract of agency
  3. Indemnity and guarantee
  4. Sale of movable goods
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Correct answer: C. Indemnity and guarantee

Chapter 8 of the present Act covers the contract of indemnity and guarantee.

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Chapter 10 of the Indian Contract Act deals with the contract of:

  1. Bailment and pledge
  2. Sale of movable goods
  3. Contract of agency
  4. Indemnity and guarantee
Show answer and solution

Correct answer: C. Contract of agency

Chapter 10 is devoted to the contract of agency, following bailment and pledge in Chapter 9.

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More Businesslaw topics

Negotiable Instruments Act 1881AgencyThe Limited Liability Partnership Act 2008PartnershipContract of Indemnity and GuaranteeBreach of Contract and its RemediesPerformance of ContractCompanies Act 2013