HomeQuizzes & SurveysCSEET Legal Aptitude Mock Test with answers – Contract Act CSEET Legal Aptitude Mock Test with answers – Contract Act Welcome to CSEET Legal Aptitude Mock Test - Contract Act Part 5 CSEET Mock Test These MCQs are based on reference material of Legal Aptitude issued by ICSI. To practice more CSEET questions 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 Test. Join our Telegram group for free Notes/Videos/MCQs of CSEET: https://t.me/deepgyancseet Please fill the following information. This will help us to avoid spam and recognize genuine CSEET students. Name Email Mobile Which of the following is the essential ingredient of contract of indemnity: Contract to make good the loss Loss must be caused to the indemnity holder Loss may be caused by promiser or any other person All of the above When the goods are delivered by one to another by way of security for the money borrowed, then it is technically known as: Hire Pawnee Pledge None of the above. Which of the following is not a charge on the property: Pledge Bailment Mortgage Hypothecation How agency is created: By Direct appointment By implication By necessity All of the above The Delivery of goods by one person to another as security for the payment of a debt is called – Bailment Pledge Mortgage Hypothecation An agreement enforceable by law is a Promise Contract Obligation Lawful Promise A contract is a combination of two elements – An Agreement and An Promise An Agreement and An Obligation A Promise and An Obligation An offer and An Acceptance A proposal when accepted becomes a – Promise Contract Acceptance Agreement A void agreement is one which is – Valid but not enforceable Enforceable Enforceable by one party Not enforceable in law Agreement which are not contracts Mr. A purchases goods from Mr. B Avanshu supplies goods to Mohit’s firm. An agreement for watching cinema. None of the above Which one is correct - All contracts are agreements All agreements are contracts All agreements are not contracts Both (a) and (c) An agreement which is enforceable by law at the option of one party- Valid contract Void contract Voidable contract Illegal contract Which of the following is false? An offer – Must be clear, definite, final and complete Can be vague Must be communicated May be general or specific An offer may lapse by- Revocation Counter offer Rejection by offeree All of the above Which of the following is false? An acceptance- Must be communicated Must be absolute Must be unconditional may be presumed from silence of offeree In case of illegal agreements, the collateral agreements are- Valid Void Voidable None of the above An offer by past may be accepted by – Post Over telephones Both (a) and (b) None of the above An offer is made only when – The letter is posted Letter reaches the offeree Offeree post his acceptance None of the above Time is Up!