Goods must be the same as wanted by the buyer. This is

Condition as to description
Condition as to sample
Condition as to wholesomeness
Condition as to title

What is legal terminology for the doing or not doing of something which the promisor desires to be done or not done?

Desires
Wishes
Consideration
Promise

Suppose the time fixed for performance of the contract has expired but the time is not essential. What is the remedy to the promisee in the circumstances?

Can rescind the contract
To claim compensation
No remedy available
Can’t be determined

Contract caused by which of the following is void?

Fraud
Misrepresentation
Coercion
Bilateral Mistake

Which of the following statements is true?

Even if a proposal is not accepted properly it becomes a valid contract
The agreements which are against the public policy can be enforced if the parties are willing to contract
A contract can consist of an offer or an acceptance only
Two are more persons are said to consent when they agree upon the same thing in the same sense

Which of the following offers constitute a valid offer?

An auctioneer displays a TV. set before a gathering in an auction sale
Ram who is in possession of three cars purchased in different years says ‘I will sell you a car’
A says to B, “Will you purchase my motor cycle for Rs. 20,000?
All of the above

Which of the following agreements is void?

Agreements made under the unilateral mistake of fact
Agreements made under the bilateral mistake of fact
Agreements made under the influence of fraud
Contingent agreement

Which of the following is a requirement for misrepresentation to exist?

Misrepresentation should relate to a material fact
The person making a misrepresentation should not believe it to be true
It must be made with an intention to deceive the other party
All of the above

Valid Contract:

In case of this collateral agreements are void.
Not enforceable in a court of law.
An agreement enforceable by law at the option of one or more of the parties thereon but not at the option of the other or others
Enforceable at the option of both the parties

Cross Offers means

Exchanging identical offers by two parties in ignorance
Offer made to the public in general
Offer allowed to remain open for acceptance over a period of time
Offer made to a definite person

UnAttempted

0

Attempted

0

Correct

0

Wrong

0

Complete