HomeQuizzes & SurveysCSEET Mock Test – Legal Aptitude – Contract Act Mcqs 1 CSEET Mock Test – Legal Aptitude – Contract Act Mcqs 1 Welcome to CSEET Mock Test - Legal Aptitude - Contract Act Mcqs 1 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 No. Which one of the following is correct? Indian Contract Act, 1882 Indian Contract Act, 1972 Indian Contract Act, 1872 Indian Contract Act, 1888 The law of Contract is nothing but – A Child of Commercial dealing A Child of Religion A Child of day to day Politics A Child of Economics The Indian Contract Act, 1872 extends to- Whole of India Whole of India excluding Jammu and Kashmir Whole of India excluding Due and Daman Whole of India excluding Northern States Contractual rights and duties are created by- State Statute Parties Custom or Usage Every Contract is an agreement but every agreement is not a contract. This statement is – Wrong Correct Correct Subject to certain exceptions Partially correct Agreement is defined in section _______ of the Indian Contract Act, 1872. 2(c) 2(e) 2(g) 2(i) As per section 2(e) of the Indian Contract Act, “Every Promise and every set of promise forming the consideration for each other is a/an Contract Agreement Offer Acceptance A promises to deliver his watch to B and, in return, B promise to pay a sum of Rs. 2,000. There is said to be a/an- Agreement Proposal Acceptance Offer An agreement is – Offer Offer + Acceptance Offer + Acceptance + Consideration Contract A contract is- A promise to do something or abstain from doing something A communication of intention to do something or abstain from doing A set of promises An agreement enforceable by law Contract is defined as an agreement enforceable by Law under section ________ of the Indian Contract Act 2 (e) 2 (f) 2 (h) 2 (i) Which of the following is false? An offer to be Valid Must Contain a term the non-compliance of which would amount to acceptance Intend to create legal relations Have certain and unambiguous terms Be communicated to the person to whom it is made Over a cup of coffee in a restaurant, X Invites Y to dinner at his house on a Sunday. Y hires a taxi and reaches X’s house at the appointed time, but x fails to perform his promise. Can Y recover any damages from X? Yes, as Y has suffered No, as the intention was not to create legal relation Yes, as this is a contract Can't say Which one of the following is the best statement about the Indian Contract Act? It is an exhaustive code containing the entire law of contract It is an Act to amend certain parts of the law relating to contracts It is an Act to define certain parts of the law relating to contracts and contains only the general principles of contract It is not an exhaustive code containing the entire law of contracts being Act to define and amend certain parts of law relating to contract. Which one of the following has the correct sequence? Offer, acceptance, consideration, offer Contract, acceptance, consideration, offer Offer, consideration, acceptance, contract Offer, acceptance, consideration, contract Watch FREE Updated Videos of CSEET Contract Act by Deep Gyan Classes. CLICK HERE. Join our Telegram group for free Notes/Videos/MCQs of CSEET: https://t.me/deepgyancseet Time is Up!