Given below are the MCQs on Law of Contract for SLAT and CLAT. The difficulty level of this questionnaire is moderately easy but it is advised to revise the chapter thoroughly before attempting the questions. Attempt these multiple-choice questions and check with the answers given. Since the difficulty level is moderate and the questions are objective, try to answer the questions quickly but accurately. All the best!
Questions
- Which of the following is not an essential of a valid contract?
- Agreement
- Adequate consideration
- Lawful Object
- Not barred by law
- 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
- 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
- A proposal upon acceptance becomes a
- Contract
- A promise
- An agreement
- Both (b) and (c
- The acceptance of a proposal should be
- Expressly given
- Impliedly given
- Given by consent
- All of the above
- The consent given will be considered to be valid consent if there is
- Coercion
- Undue influence
- Free consent
- Misrepresentation
- The rights concerning a contract are decided by
- Parties to the contract.
- Indian Contract Act
- Both (a) and (b)
- None of the above
- 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
- 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
- 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:
- (b)
- (d)
- (a)
- (b)
- (d)
- (c)
- (a)
- (a)
- (d)
- (d)