Elements of Contract Book Back Questions

11th Standard

    Reg.No. :
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Commerce

Time : 00:40:00 Hrs
Total Marks : 25
    3 x 1 = 3
  1. An Agreement enforceable by law is a

    (a)

    enforceable acceptance

    (b)

    accepted offer

    (c)

    approved promise

    (d)

    contract

  2. Void agreement signifies

    (a)

    Agreement illegal in nature

    (b)

    Agreement not enforceable by law

    (c)

    Agreement violating legal procedure

    (d)

    Agreement against public policy

  3. 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

  4. 3 x 2 = 6
  5. What is law?

  6. Can a minor enter into a contract?

  7. Define contract

  8. 2 x 3 = 6
  9. Define offer.

  10. Define a voidable contract.

  11. 2 x 5 = 10
  12. Difference between Contract and Agreement.

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

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