5 Questions
What is the definition of a contract according to the Indian Contract Act, 1872?
An agreement enforceable by law
Which of the following is not considered an essential element of a contract?
Performance of contract
Under the Indian Contract Act, 1872, what is the significance of contractual capacity?
It refers to the mental capacity of the parties to enter into a contract
Which branch of law is not dealt with under the Indian Contract Act, 1872?
Criminal law
What is the scope of the Indian Contract Act, 1872 in terms of geographical coverage?
It extends to the whole of India except the state of Jammu & Kashmir
Test your knowledge of the Indian Contract Act 1872 with this quiz on the general principles of contracts. Explore topics such as the essentials of a contract, offer and acceptance, consideration, contractual capacity, free consent, legality of object, void agreements, performance of contracts, modes of discharge, and remedies for breach of contract. Prepare for your business law studies with this comprehensive quiz.
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