HomeCSEETCSEET Questions 2021 || Free MCQs || Free CSEET Question Banks CSEET Questions 2021 || Free MCQs || Free CSEET Question BanksCSEET, CSEET Mock Test / By Deep Gyan CSEET Mock Test – Legal Aptitude – Contract Act Mcqs 2 (20 Questions with Answers) CSEET Mock Test These Multiple Choice Questions are based on reference material of Legal Aptitude issued by ICSI. To practice more CSEET MCQs with answers, visit here https://deepgyan.com/cseet-mock-test-cseet-mcq-pdf-multiple-choice-questions/. On Deep Gyan we provide free CSEET Video Classes, Free CSEET Notes and CSEET Mock Tests. Please fill the following information. This will help us to avoid spam and recognize genuine CSEET students. Name Email Mobile No. Goods displayed in a Shop window with a price label will amount to: Offer Acceptance of offer Invitation to offer Counter offer What can a catalogue of books, listing price of each book and specifying the place where the listed books are available be termed as? An offer An obligation An invitation to offer A promise to make available the books at the listed place. A Counter offer is A rejection of the original offer An acceptance of the offer A bargain An invitation to treat X Offers by a Letter to sell his car to Y for Rs. 95,000. Y at the sometime, offers by a letter to buy X’s car for Rs. 95,000. The two letters cross each other in the post. Is there a concluded contract between X and Y. Yes, there is a concluded contract between X and Y No, only crossing of offers Can’t say None of these S offers to sell B his car for Rs. 50,000. T standing nearby, says, “I will take it if B does not take it. B is not interested in the car. What will be the position if T says to S “Here is the money, I take the car.” There is a contract between S and T There is no contract between S and T S may or may not accept the offer Both (b) and (c) Which one of the following statement is true? Offer and acceptance are revocable Offer and acceptance are irrevocable An offer can be revoked but acceptance cannot An offer cannot be revoked but acceptance can be revoked. A advertise in a daily newspaper that he will give a prize of Rs. 1,000 to the first person to swim the English channel and back during the month of August. F, who has read the advertisement, sets off from Dower on 1st August and reaches the coast of France on 2nd August. On that day, a further advertisement appears in the same newspaper stating that the offer of the prize has been withdrawn. On 3rd August F completes the return swim to England. Can F recover the prize? No, as the offer was revoked Yes, as the second advertisement is ineffective so far as F is concerned F can only claim for damages None of the above The Communication of acceptance through telephone is regarded as complete when Acceptance is spoken on phone Acceptance comes to the knowledge of party proposing Acceptance is put in course of transmission Acceptance has done whatever is required to be done by him An auctioneer advertised in a newspaper that a sale of office furniture would be held at Delhi. A broker of Bombay reached Delhi on the appointed date and time. But the auctioneer withdrew all the furniture from the auction sale. The broker sues him for his loss of time and expenses. Will he succeed? Yes, he will not succeed No, he will not succeed Can’t say None of these A sees an article marked “Price Rupees Twenty” in B’s shop. He offers. B Rs. 20 for the article, B. refuses to sell saying the article is not for sale. Advice A. A cannot force B to sell the article at Rs. 20 A can force B to sell the article at Rs. 20 A can claim damages A can sue B in the Court ‘A’ Offered a reward of Rs. 1,000 for recovery of some valuable missing article. ‘B’ who did not know of this offer, found the articles and gave the same to ‘A’. As there is no acceptance of an offer due to want to knowledge, B is not entitles to get the reward of Rs. 1,000 Giving delivery of articles to ‘A’ amounts to an acceptance and hence ‘B’ is entitled to get the reward of Rs. 1000 Giving delivery of articles to ‘A’ amounts to performance of condition precedent to an offer and hence there is valid acceptances. ‘B’ must get the reward of Rs. 1,000 In the absence of any Legal obligation on ‘A’ no claim for reward of Rs. 1,000 is maintained by ‘B’ In commercial and business agreements the intention of the parties to create legal relationship is Presumed to exist To be specifically expressed in writing Not relevant at all Not applicable An agreement is a Voidable Contract when it is Enforceable Enforceable by Law at the option of the aggrieved party Enforceable by both the parties Not enforceable at all A Contract creates Rights in personam Rights in rem Only rights and no obligations Only Obligations and no rights An agreement not enforceable by Law is said to be void under section ___________ of the Indian Contract Act 2(a) 2(b) 2(f) 2(g) When the contract is perfectly valid in its substance but cannot be enforced because of certain technical defects. This is called a/an- Unilateral Contract Bilateral Contract Unenforceable Contract Void Contract The term “Proposal or offer” has been defined in-of the Indian contract Act Section 2(a) Section 2(b) Section 2(c) Section 2(d) The term “Promise” has been defined in – of the Indian Contract Act Section 2(a) Section 2(b) Section 2(c) Section 2(d) Offer implied from conduct of parties or from circumstances of the case is called Implied offer Express offer General offer Specific offer Offer should not contain a term, the non-Compliance of which would amount to acceptance True Partly True False None of the above Time is Up!