1. A contract means an agreement

(a) Which is enforceable by law
(b) Which is not enforceable by law
(c) Which creates social obligation
(d) Which is in writing



2. An agreement created by words spoken or written is called

(a) express agreement
(b) execute agreement
(c) implied agreement
(d) voidable agreement



3. An offer comes to an end by

(a) acceptance
(b) communication
(c) revocation
(d) none of the above



4. All contracts

(a) should be in writing
(b) should be oral
(c) should be registered
(d) none of the above


5. When counter offer is given, the original offer

(a) Lapses
(b) Remains valid
(c) Is accepted and becomes a contract
(d) The original offer can also be accepted



6. An advertisement for sale goods by auction

(a) Amounts to an invitation to offer
(b) Amounts to an offer to hold such sale
(c) Amounts to an implied offer
(d) Amount to a general offer


7. A foreigner

(a) is competent to enter into contract if he fulfils the conditions of section 11.
(b) is not competent to enter into contract
(c) can enter into contract with permission of Central Govt.
(d) can enter into contract with the permission of court


8. A tender and a bid at an auction sale are

(a) Not offers
(b) Offers
(c) Acceptance of the offer
(d) Invitation to offer



9. A contract is a contract

(a) from the time it is made
(b) from the time its performance is due
(c) at the time from its performance
(d) none of the above


10. A quotation is

(a) Not offer
(b) Offer
(c) Acceptance of the offer
(d) Invitation to offer


MCQs on Indian Contract Act 1872