An Agreement Is A Voidable Contract When It Is Mcq

18. In trade and commercial agreements, the intention of the parties to establish a legal relationship (a) is presumed to have existed (b) explicitly expressed in writing (c) Irrelevant or totally (d) Not applicable. 31. All illegal agreements are …….. (a) Invalid- ab- initio (b) Valid (c) Quota (d) Enforceable 6. Which of the following legal statements is wrong? (a) A legally enforceable agreement is a contract [§2] 17. Which of the following has the right order. (a) Offer, Acceptance, Consideration, Offer. (b) offer, acceptance, consideration, contract (c) contract, acceptance, consideration, offer. (d) Offer, Consideration, Acceptance, Contract. 33.

A potential contract is a contract to do something or not to do it when an event, security interests are in favour of such a contract (a) (b) do not occur [c) Neither (a) nor (b) d) either (a) or (b) 3. The contract is defined as a legally enforceable agreement, empty section. of the Indian Contract Act. When do the courts think there is an unacceptable influence when signing a contract? 4. In the case of purely national agreements, the parties intend to create a legal relationship for 28. “Consensual – ad – idem” means ……. (a) General consensus (b) Meeting of opinions on the same thing along the same lines (c) Reaching an agreement (d) Reaching a contract (c) A proposal, if adopted, becomes a promise [section 2] 5. A enters into a contract with B to beat his competitor. This is an example of a false presentation of a contract which renders the Treaty: 26.

Under the Indian Contract Act, a third party (a) who is the beneficiary under the contract may bring a legal action (b) by whom the consideration was undertaken, c) May not bring legal action, even if the consideration comes from him. (d) May not bring legal action in the absence of contract law. 25. The term “contractual prudence” means (a) A contract is only a contract between the parties (b) A contract is a private document (c) Only private documents can be contracts (d) Contacts can be expressed in a usual and appropriate way. 30. If an agreement suffers from uncertainties. It`s…….. (a) Countervailable (b) Invalid (c) Unenforceable (d) Illegal. 1.An agreement shall consist of mutual commitments between at least 8…….. is a unilateral treaty in which only one party must keep its promise or commitment. (a) Invalid Contract 27. Which of the following is not compatible? (a) A minor (b) A person with an unhealthy mind (c) A person who has been disqualified by a treaty law (d) All this What is meant by error frequent in contract law? 35.

Which of the essential elements of the indemnity contract is as follows: (a) contract to damage the loss (b) The loss must be inflicted on the holder of the compensation. (c) The loss may be caused by the promise or another person (d) All of the above points. Sally concludes with her employer that at the end of the year she will have a salary of £35,000 a year plus a cash payment of £20,000 that will not be declared, which will avoid taxes. Sally`s employer refused to pay her the £20,000. Can Sally take legal action to secure payment of £20,000? 11. Any agreement and promise applicable by law is ………… (a) Offer 22. Consideration in a contract: (a) May be past, present or future (b) May not be present or future (c) May only be available (d) (d) May only be available. 37. An agreement applicable by law at the choice of a party (a) Valid Contract (b) Invalid Contract (c) Contract subject to recourse (d) Illegal Contract 23. . .