1. Which of the following legal statement is incorrect?

(a) An agreement enforceable by law is a contract [Section 2]
(b) All agreements are contracts [Section 10]
(c) A proposal when accepted becomes a promise [Section 2]
(d) Every promise and every set of promise forming the consideration for each other is an agreement [Section 2(e)]

2. ……………… is made by words written.

(a) Express contract
(b) Implied contract
(c) Tacit contract
(d) Unlawful contract

3. Agreement the meaning of which is uncertain is

(a) Void 
(b) Valid
(c) Voidable
(d) Illegal Answer:

4. Which of the following relationship raise presumption of positive influence?

(a) Parent and Child
(b) Religious/ Spiritual Guru and disciple
(c) Guardian and Ward
(d) All of the above

5. Which of the following is false with respect to minor entering a contract?

(a) An agreement with or by a minor is void ab initio
(b) A minor can be a beneficiary of a contract
(c) The contracts involving a minor as a beneficiary may be enforced at the option of the third party
(d) A minor cannot ratify a contract on attaining majority

6. Drawing cash from ATM, sale by fall of hammer at an auction sale, etc., are example of

(a) express contract.
(b) implied contract.
(c) tacit contract.
(d) unlawful contract.

7. …………….. is a one-sided contract in which only one party has to perform his promise or obligation.

(a) Void contract
(b) Illegal agreement
(c) Unilateral contract
(d) Bilateral contract

8. All Contract is a/an ……………..

(a) Offer
(b) Agreement
(c) Acceptance
(d) Transaction

9. A/an …………… is every Promise and every set of promises , forming consideration for each other

(a) Offer
(b) Agreement
(c) Acceptance
(d) Transaction

10. Every agreement and promise enforceable by law is …………….

(a) Offer
(b) Contract
(c) Acceptance
(d) Consideration

MCQs on Indian Contract Act 1872