Indian Contract Act 1872 Quiz

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Questions and Answers

What type of contracts are specifically required to be in writing under the Indian Contract Act 1872?

  • Contracts for charitable donations
  • Contracts for the sale of goods
  • Contracts for immovable property (correct)
  • Contracts for personal services

Which of the following is not a valid element of a valid contract under the Indian Contract Act 1872?

  • Free consent
  • Consideration
  • Non-written agreement (correct)
  • Capacity to contract

Under the Indian Contract Act 1872, which of the following would make a contract void?

  • There was a minor technical error in the contract
  • One party did not have capacity to contract (correct)
  • One party was under a mistake as to matter of fact
  • One party changed their mind after signing the contract

According to the Indian Contract Act 1872, which of the following is a necessary element for a valid contract?

<p>Consideration (B)</p> Signup and view all the answers

What type of contracts are specifically required to be in writing under the Indian Contract Act 1872?

<p>Contracts related to real estate (A)</p> Signup and view all the answers

Under the Indian Contract Act 1872, which of the following would make a contract void?

<p>Absence of free consent (B)</p> Signup and view all the answers

The Indian Contract Act 1872 is a law that governs the ______ of contracts in India.

<p>formation</p> Signup and view all the answers

An agreement enforceable by law is considered a valid ______ under the Indian Contract Act 1872.

<p>contract</p> Signup and view all the answers

A contract becomes void if it is based on ______ or mistake under the Indian Contract Act 1872.

<p>fraud</p> Signup and view all the answers

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