MCQ on Contract Act 1872

Q1.How many persons are required for a contract:
(a) One
(b) Two
(c) Two or more
(d) All of the above.

Q2. The agreement may be expressed:
(a) In a formal document
(b) In a letter passing between the parties
(c) On stamp papers
(d) All of the above.
Q3. Section 2(h) of the Indian Contract Act
explains that a contract is:
(a) A promise enforceable by law
(b) An acceptance enforceable by law
(c) An agreement enforceable by law
(d) None of them.
Q4. With reference to the Indian contract Act, a
consideration is a:
(a) Condition of fulfilment of the other‟s promise.
(b) A reason behind making a proposal
(c) An act of doing or restraining from doing
something at the desire of the promise
(d) None of them.
Q5. Which is correct statement?
(a) Stranger to consideration can enforce a
promise.
(b) Strange to contract can enforce promise.
(c) Strange to consideration has no right.
(d) Strange to consideration will be a stranger to
contract.
Q6. Past consideration means:
(a) Money received in the past without making
even a proposal .
(b) The price which is more than the promisor‟s
expectation.
(c) The price paid or service rendered at he desire
or request of the promisor followed by a
subsequent promise.
(d) All of the avove.
Q7. An executed consideration means:
(a) The one which has already been executed in
the past.
(b) A past consideration.
(c) One which is provided simultaneously with the
making of the contract.
(d) All of the above.
Q8. Which constitute a valid acceptance:
(a) An enquiry as to fitness off the subject matter
of contract.
(b) Addition of superfluous term, while accepting
an offer.
(c) A provisional acceptance
(d) A conditional acceptance.