An Agreement enforceable by law is a _______.

(a)

Enforceable acceptance

(b)

Accepted offer

(c)

Approved promise

(d)

Contract

Every promise and every set of promises, forming the consideration for each other, is an _______.

(a)

Agreement

(b)

Contract

(c)

Offer

(d)

Acceptance

Void agreement signifies ______________

(a)

Agreement illegal in nature

(b)

Agreement not enforceable by law

(c)

Agreement violating legal procedure

(d)

Agreement against public policy

Acceptance to be valid must  ________.

(a)

Be absolute

(b)

Be unqualified

(c)

Both be absolute and unqualified

(d)

Be conditional

A contract with or by a minor is a _________.

(a)

Valid contract

(b)

Void contract

(c)

Voidable contract

(d)

Voidable at the option of either party

What is law?

Why should one know law?

Can a minor enter into a contract?

Who can enter into a contract?

What is meant by Contract?

What is meant by Offer.

What do you mean by Agreement?

What is meant by Voidable Contract?

Who is a promisor, promissee?

What are the Legal rules of offer?

Explain the essentials of a valid contract?

Explain the classification of contract on the basis of the validity.

Explain the classification of contract on the basis of the formation.

Explain the classification of contracts on the basis of performance.