Foundation PN-1 Fblc Quiz 9

A father and daughter agree to go for a morning walk every day. This agreement is not a valid contract. Why?

Anil puts three one-rupee coins into a platform ticket vending machine at the railway station. As soon as he does this, a valid contract is formed. What does Anil’s act represent?

What happens if there is no consensus ad idem between the parties?

A has two bikes — a Hero Honda and a Bajaj Pulsar. He offers to sell his Pulsar, but does not mention which bike he is selling. B, thinking A is offering to sell his Hero Honda, accepts the offer.Based on this situation, why is there no valid agreement between A and B?

An agreement which is not enforceable by law and has no legal consequences is called:

Who is considered a competent party under the Indian Contract Act?

According to Section 14 of the Indian Contract Act, consent is said to be free when it is not caused by:

In a voidable contract, who has the right to enforce or reject the contract?

What is the definition of a proposal (offer) under the Indian Contract Act?

In the agreement where A promises to sell his house to B for ₹5,00,000, who is the promisor?

What transforms an agreement into a contract?

According to Section 2(d), what is 'consideration' in a contract?

When is an agreement regarded as a contract?

What must an agreement give rise to in order to become a contract?

Will all agreements give rise to a contract?

In the case where a father and daughter agree to go for a morning walk daily, which essential element of a valid contract is missing?

The agreement between a father and daughter to go on a morning walk is best described as:

Ramamurthy, who is a citizen of India, enters into an agreement with his alien friend. The agreement is said to be a valid contract. Why is this so?

A contracts with B, a local criminal, to beat his business competitor. This act is forbidden by law. What is the legal status of this agreement?

A enters into an agreement with B, a local criminal, to physically harm his business rival. Which essential element of a valid contract is missing here?

When a person withdraws cash from an ATM, no words are spoken between the person and the bank, but a contract is formed. What type of contract is this?

In which of the following situations does a tacit contract arise?

Ajit sees a book displayed on a shelf in a bookshop with a price tag of ₹95. He offers ₹95 at the counter and asks for the book. The bookseller refuses, saying the book has already been sold. What is the correct legal position?

According to Section 25, what is the general rule regarding agreements made without consideration?

Which of the following is an exception to the rule that an agreement without consideration is void?