Indian Contract Act Objective Questions - CSEET MCQs

1. Acceptance of an offer must be qualified or conditional.

False

2. Consideration to the contract need not be adequate.

False

3. Cross offer is different from counter offer.

True

4. All agreements form into contracts.

False

5. An agreement by minor is voidable.

False

6. Offer must be accepted before it is revoked.

True

7. Consideration is necessary in contract of Agency.

False

8. Voidable contract is enforceable at the option of one or other party.

False

9. Acceptance can be given partially.

False

10. An agreement can be ratified by minor on attaining the age of majority. False

11. A person usually of sound mind, but occasionally of unsound mind, cannot enter into a contract when he is of unsound mind.

True

12. An agreement is a wider term than Contract.

False

13. An agreement enforceable by law is a promise.

False

14. All contracts are agreements but all agreements are not contracts.

True

15. An offer must be accepted before it Lapses

True

16. Acceptance can precede offer

False

17. Stranger to a contract cannot sue or be sued.

True

18. Alien enemy is disqualified by law to enter into a contract.

True

19. Ignorance of law of Land is excusable

False

20. In case of undue influence there is no relation between the parties

False