Contract Law Overview

What is the term for the person who makes an offer in contract formation?

What does 'consensus ad idem' refer to in the context of a valid agreement?

An agreement concerning a social outing does not become a contract because it lacks what element?

If two parties involved in an agreement have different understandings of the subject matter, what will be the effect on the agreement?

What is required for an agreement to be considered a legally enforceable contract?

Which of these is an example of an agreement that is NOT a legally enforceable contract?

All contracts are agreements, but all agreements are NOT necessarily contracts because:

What is a key characteristic that distinguishes a business agreement from a social agreement?

An agreement that restricts a person's ability to marry is considered:

In the case of Carew Co Ltd. v North Bengal, the agreement between two sugar manufacturers to allocate zones for procuring sugarcane was deemed:

If an agreement lacks clarity about the subject matter, such as failing to specify the type of oil in a sale, the agreement is:

An agreement to perform an impossible task, such as bringing a dead person back to life, is:

Which is generally true regarding the form of a contract under the Indian Contract Act?

Under what circumstance is mere silence considered to be fraudulent?

Which of the following is considered a valid contract?

An agreement to restrict a person from engaging in their trade or profession is generally considered:

Lalit sells a horse to Bablu knowing it is unsound, but says nothing. Is this considered fraud?

Apple and Banana are traders, Apple has information that would affect Banana's willingness to contract. Is Apple bound to inform Banana?

Which of these correctly identifies the legal status of a wagering agreement?

Bheem says to Ajay, 'If you do not deny it, I shall assume that the horse is sound.' Ajay says nothing. Is this an instance of fraud?

Under what circumstance is a contract void due to bilateral mistake?

Which of the following exemplifies physical impossibility in a contract?

According to the material, what are the rights of an aggrieved party in cases of fraud?

What is a unilateral mistake?

A company issues a prospectus with false information about its wealth. A share broker purchases shares. What recourse does the share broker have according to the material?

What is the key distinction between fraud and misrepresentation?

Under what circumstance, is a unilateral mistake allowed as a defense to avoid a contract?

According to the content, what happens when a person makes a unilateral mistake about the nature of the contract they are signing?

If a person makes a false statement believing it to be true, is it an instance of fraud or misrepresentation?

If someone intends to contract with 'Backbone', but mistakenly contracts with 'Chin', when would the contract be considered void?

Which option best describes a legal impossibility?

According to the provided content, what was the legal outcome in the Foster v. example, when an old man of poor sight endorsed a bill of exchange whilst thinking it was a guarantee?

In which scenario are damages for loss of reputation typically recoverable?

What is the primary determinant when assessing damages for inconvenience and discomfort?

What does the term 'liquidated damages' refer to in contract law?

In the case of the surveyor 'Table' and 'Chair', what type of damages would 'Chair' most likely be awarded?

What is a key characteristic of liquidated damages?

If 'Preety' caused damage to the Railway, what kind of damages would the Railway likely be eligible to claim from her?

Besides damages for inconvenience and loss of reputation, which of these are claimable in the event of a breach of contract?

What does it mean when damages that are 'difficult of assessment' can still get claimed?

In the Alwar Shetty (1889) case, what was the primary factor that invalidated the young girl's consent?

In the case of Muthta v. Muthu Karuppa (1927), what made the release deed voidable?

According to the provided text, what is the legal implication of a threat to commit suicide in the context of contract law?

In the case of ChikhamAmiraju v. Seshamma (1917), what was the basis for invalidating the release deed?

What does the text define as 'duress' in the context of coercion?

In the case of Xavier kidnapping David's son, why is the promissory note not enforceable?

According to Section 19, what is the primary effect of coercion on an agreement?

If a person has paid money under coercion, what legal obligation do they have?