Indian Contract Act, 1872 : Essential Elements of a Contract
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Information
♦ The various ingredients of incapacity to contract.
♦ The legal consequence of contracting with a minor.
♦ The concept of ‘consensus ad idem’ i.e. parties agreeing upon the same thing in the same sense.
♦ The characteristics of different elements vitiating free consent and particularly to distinguish amongst fraud, misrepresentation and mistake.
♦ The circumstances when object and consideration become unlawful.
♦ Agreements opposed to public policy
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- Answered
- Review
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Question 1 of 100
1. Question
1 pointsWhich section of the Indian Contract Act defines fraud?
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Question 2 of 100
2. Question
1 pointsWhich of the following statements is true about a minor’s contract?
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Question 3 of 100
3. Question
1 pointsWhat happens if the object of a contract is found to be unlawful under Section 23?
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Question 4 of 100
4. Question
1 pointsIn which case can silence amount to fraud under Section 17?
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Question 5 of 100
5. Question
1 pointsWhich of the following is NOT a valid defense against a claim of fraud?
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Question 6 of 100
6. Question
1 pointsUnder which section is undue influence defined?
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Question 7 of 100
7. Question
1 pointsWhat is the effect of undue influence on a contract?
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Question 8 of 100
8. Question
1 pointsWhen is a unilateral mistake considered to void a contract under Section 22?
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Question 9 of 100
9. Question
1 pointsA minor can be a party to which of the following?
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Question 10 of 100
10. Question
1 pointsWhich of the following is considered a void agreement under the Indian Contract Act?
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Question 11 of 100
11. Question
1 pointsWhat is the primary remedy for fraud under the Indian Contract Act?
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Question 12 of 100
12. Question
1 pointsWhich of the following is NOT considered coercion under Section 15?
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Question 13 of 100
13. Question
1 pointsWhat is a wagering agreement as per Section 30?
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Question 14 of 100
14. Question
1 pointsWhich of the following is an example of fraud?
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Question 15 of 100
15. Question
1 pointsWhat is the legal effect of a contract made under undue influence?
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Question 16 of 100
16. Question
1 pointsWhich of the following is an exception to the rule that contracts in restraint of trade are void?
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Question 17 of 100
17. Question
1 pointsWhat is the effect of a contract involving unlawful consideration under Section 23?
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Question 18 of 100
18. Question
1 pointsUnder Section 68, a minor is liable for which type of contract?
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Question 19 of 100
19. Question
1 pointsA contract without free consent is considered:
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Question 20 of 100
20. Question
1 pointsWhat is the primary difference between fraud and misrepresentation?
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Question 21 of 100
21. Question
1 pointsWhat is the age of majority as per the Indian Majority Act, 1875?
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Question 22 of 100
22. Question
1 pointsA person is said to be of sound mind for the purposes of entering into a contract if:
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Question 23 of 100
23. Question
1 pointsWhich of the following is NOT a valid contract under the Indian Contract Act?
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Question 24 of 100
24. Question
1 pointsWhich of the following agreements is expressly declared void under the Indian Contract Act?
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Question 25 of 100
25. Question
1 pointsWhat happens if one party commits coercion to obtain consent for a contract?
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Question 26 of 100
26. Question
1 pointsWhen does a mistake of law affect the validity of a contract?
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Question 27 of 100
27. Question
1 pointsA minor can be held liable for:
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Question 28 of 100
28. Question
1 pointsWhich of the following elements vitiates free consent?
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Question 29 of 100
29. Question
1 pointsWhat is the consequence of a contract made by a person of unsound mind?
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Question 30 of 100
30. Question
1 pointsWhich of the following acts is NOT considered coercion under Section 15?
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Question 31 of 100
31. Question
1 pointsUnder which section is misrepresentation defined?
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Question 32 of 100
32. Question
1 pointsWhich of the following factors is necessary for a valid contract?
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Question 33 of 100
33. Question
1 pointsA contract made with a foreign sovereign is:
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Question 34 of 100
34. Question
1 pointsWhen can a minor’s property be liable under a contract?
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Question 35 of 100
35. Question
1 pointsWhich of the following statements is TRUE about undue influence?
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Question 36 of 100
36. Question
1 pointsIn which case is a contract not enforceable?
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Question 37 of 100
37. Question
1 pointsAn agreement that is impossible to perform is:
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Question 38 of 100
38. Question
1 pointsWhat is the effect of misrepresentation on a contract?
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Question 39 of 100
39. Question
1 pointsWhich of the following is an example of unlawful consideration?
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Question 40 of 100
40. Question
1 pointsWhat happens to a contract involving an alien enemy during wartime?
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Question 41 of 100
41. Question
1 pointsA contract involving unlawful consideration is considered:
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Question 42 of 100
42. Question
1 pointsWhat happens when both parties are under a mistake as to a matter of fact essential to the agreement?
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Question 43 of 100
43. Question
1 pointsWhich section of the Indian Contract Act deals with mistake of fact?
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Question 44 of 100
44. Question
1 pointsWhich of the following statements about free consent is correct?
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Question 45 of 100
45. Question
1 pointsAn agreement made without consideration is:
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Question 46 of 100
46. Question
1 pointsIn which case can a contract be enforced despite a unilateral mistake?
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Question 47 of 100
47. Question
1 pointsWhich of the following is a characteristic of fraud under Section 17?
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Question 48 of 100
48. Question
1 pointsWhat is the status of a contract made by a person who is temporarily of unsound mind?
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Question 49 of 100
49. Question
1 pointsA person usually of sound mind, but occasionally of unsound mind, can make a contract:
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Question 50 of 100
50. Question
1 pointsIn a contract with a minor, what is the status of the contract if the minor falsely represents himself as a major?
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Question 51 of 100
51. Question
1 pointsWhen can an agreement made by a minor be enforced?
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Question 52 of 100
52. Question
1 pointsWhat is the effect of a contract made with an alien enemy during wartime?
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Question 53 of 100
53. Question
1 pointsA contract entered into by a minor’s guardian on the minor’s behalf is:
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Question 54 of 100
54. Question
1 pointsWhich of the following is a valid defense against a claim of undue influence?
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Question 55 of 100
55. Question
1 pointsWhich of the following contracts is enforceable by law?
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Question 56 of 100
56. Question
1 pointsWhat is the remedy for a contract that is voidable?
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Question 57 of 100
57. Question
1 pointsWhich of the following is a feature of a valid contract?
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Question 58 of 100
58. Question
1 pointsWhat is the effect of a contract made under a mutual mistake of fact?
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Question 59 of 100
59. Question
1 pointsWhich of the following is NOT a requirement for a valid contract?
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Question 60 of 100
60. Question
1 pointsWhat is the primary purpose of the Indian Contract Act, 1872?
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Question 61 of 100
61. Question
1 pointsA contract entered into by a minor’s guardian on the minor’s behalf is:
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Question 62 of 100
62. Question
1 pointsWhich of the following is a valid defense against a claim of undue influence?
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Question 63 of 100
63. Question
1 pointsWhich of the following contracts is enforceable by law?
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Question 64 of 100
64. Question
1 pointsWhat is the remedy for a contract that is voidable?
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Question 65 of 100
65. Question
1 pointsWhich of the following is a feature of a valid contract?
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Question 66 of 100
66. Question
1 pointsWhat is the effect of a contract made under a mutual mistake of fact?
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Question 67 of 100
67. Question
1 pointsWhich of the following is NOT a requirement for a valid contract?
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Question 68 of 100
68. Question
1 pointsWhat is the primary purpose of the Indian Contract Act, 1872?
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Question 69 of 100
69. Question
1 pointsWhich of the following is a valid contract?
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Question 70 of 100
70. Question
1 pointsWhat is the status of a contract made by a person of unsound mind?
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Question 71 of 100
71. Question
1 pointsWhich of the following statements is true regarding a contract made under coercion?
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Question 72 of 100
72. Question
1 pointsWhat is the effect of a contract made under a mutual mistake of fact?
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Question 73 of 100
73. Question
1 pointsWhich of the following is NOT a requirement for a valid contract?
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Question 74 of 100
74. Question
1 pointsWhat is the primary purpose of the Indian Contract Act, 1872?
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Question 75 of 100
75. Question
1 pointsWhich of the following is a valid contract?
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Question 76 of 100
76. Question
1 pointsWhat is the status of a contract made by a person of unsound mind?
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Question 77 of 100
77. Question
1 pointsWhich of the following statements is true regarding a contract made under coercion?
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Question 78 of 100
78. Question
1 pointsWhat is the effect of a contract made under a mutual mistake of fact?
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Question 79 of 100
79. Question
1 pointsWhich of the following is NOT a requirement for a valid contract?
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Question 80 of 100
80. Question
1 pointsWhat is the primary purpose of the Indian Contract Act, 1872?
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Question 81 of 100
81. Question
1 pointsWhich of the following is a valid contract?
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Question 82 of 100
82. Question
1 pointsWhat is the status of a contract made by a person of unsound mind?
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Question 83 of 100
83. Question
1 pointsWhich of the following statements is true regarding a contract made under coercion?
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Question 84 of 100
84. Question
1 pointsWhat is the effect of a contract made under a mutual mistake of fact?
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Question 85 of 100
85. Question
1 pointsWhich of the following is NOT a requirement for a valid contract?
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Question 86 of 100
86. Question
1 pointsWhat is the primary purpose of the Indian Contract Act, 1872?
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Question 87 of 100
87. Question
1 pointsWhich of the following is a valid contract?
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Question 88 of 100
88. Question
1 pointsWhat is the status of a contract made by a person of unsound mind?
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Question 89 of 100
89. Question
1 pointsWhich of the following statements is true regarding a contract made under coercion?
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Question 90 of 100
90. Question
1 pointsWhat is the effect of a contract made under a mutual mistake of fact?
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Question 91 of 100
91. Question
1 pointsWhich of the following is NOT a requirement for a valid contract?
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Question 92 of 100
92. Question
1 pointsWhat is the primary purpose of the Indian Contract Act, 1872?
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Question 93 of 100
93. Question
1 pointsWhich of the following is a valid contract?
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Question 94 of 100
94. Question
1 pointsWhat is the status of a contract made by a person of unsound mind?
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Question 95 of 100
95. Question
1 pointsWhich of the following statements is true regarding a contract made under coercion?
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Question 96 of 100
96. Question
1 pointsWhat is the effect of a contract made under a mutual mistake of fact?
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Question 97 of 100
97. Question
1 pointsWhich of the following is NOT a requirement for a valid contract?
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Question 98 of 100
98. Question
1 pointsWhat is the primary purpose of the Indian Contract Act, 1872?
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Question 99 of 100
99. Question
1 pointsWhich of the following is a valid contract?
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Question 100 of 100
100. Question
1 pointsWhat is the status of a contract made by a person of unsound mind?
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