An agreement made without consideration is valid under the Indian Contract Act, 1872 if

The agreement is expresses in writing.
The agreement is made on account of natural love and affection or the parties to the agreement stand in a near relation to each other.
The document is registered under the law for the time being in force for registration of such document.
All of the above

The difference between contingent contract and wagering agreements are as follows:

A wagering agreement consists of reciprocal promises whereas a contingent contract may not contain reciprocal promises.
In a wagering agreement the uncertain event is the sole determining factor while in a contingent contract the event is only collateral.
A wagering agreement is void whereas a contingent contract is valid.
All of the above

Which of the statement is incorrect?

All illegal agreements are void but all void agreements are not necessary illegal.
A voidable contract is not voidable at the option of the aggrieved party.
Contracts that are immoral or opposed to public policy are illegal in nature.
All of the above

Which one of the following is not a contract?

A engages B for a certain work and promises to pay such remuneration as shall be fixed by C. B does the work.
A and B promise to marry each other.
A takes a seat in a public vehicle.
A invites B to a card party. B accepts the invitation

In case of sale

Which of the following is not correct?

A share in a partnership:

Can be transferred in accordance with the terms and conditions contained in the partnership deed
Can be transferred only if all the partners agree for such transfer
Cannot be transferred at all.
Can be transferred through the recognized stock exchanges.

A contract was entered before 1st September, 1872 is governed by The Indian Contract Act, 1872

An offer to perform one’s obligations under a contract is called as :

A mate’s receipt

UnAttempted

0

Attempted

Correct

Wrong