MCQs on Law of Contract for SLAT and CLAT

Questions

1. Which of the following is not an essential of a valid contract?

• Agreement
• Adequate consideration
• Lawful Object
• Not barred by law

1. A contract will still be a valid contract if it is

• Opposed to public policy
• In restraint of marriage
• In restraint of Trade
• Without adequate consideration

1. The codified law for the law of Contract in India is

• Indian Contract Act,1872
• Indian Contract Act,1973
• Indian Contract Act,1992
• Indian Contract Act, 1901

1. A proposal upon acceptance becomes a

• Contract
• A promise
• An agreement
• Both (b) and (c

1. The acceptance of a proposal should be

• Expressly given
• Impliedly given
• Given by consent
• All of the above

1. The consent given will be considered to be valid consent if there is

• Coercion
• Undue influence
• Free consent
• Misrepresentation

1. The rights concerning a contract are decided by

• Parties to the contract.
• Indian Contract Act
• Both (a) and (b)
• None of the above

1. The remedy of compensation given in the case of breach of contract is given under which section of The Indian Contract Act?

• Section 73
• Section 115
• Section 79
• Section 69

1. Which of the following maxims is not related to the law of Contract?

• Consensus ad idem
• Assentio mentum
• Ex nudo pacto non oritur action
• Actus Non Facit Reum Nisi Mens Sit Rea

1. A void contract is a contract which

• Is not enforceable by law
• Does not have reasonable terms
• Declared void by the Indian contract act
• Both (a) and (c)

Answers:

1. (b)
2. (d)
3. (a)
4. (b)
5. (d)
6. (c)
7. (a)