The Contract Act, 1872: Communication, Acceptance and Revocation of Proposals

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10 Questions

Under which section of the Contract Act, 1872 is 'coercion' defined?

Section 17

Which section of the Contract Act, 1872 defines 'consent'?

Section 13

In the Contract Act, 1872, which section deals with 'free consent'?

Section 14

In the Contract Act, 1872, which section defines 'fraud'?

Section 17

Which section of the Contract Act, 1872 covers void agreements due to 'undue influence'?

Section 19A

Under what conditions can an agreement without consideration be valid?

All of the above

According to Section 27, what is the status of an agreement in restraint of marriage?

Void

In what circumstances are agreements in restraint of trade void, according to the text?

Void, except for certain cases involving the sale of goodwill

What is the status of agreements by way of wager, based on the text?

Void

When can contracts contingent on the happening of a specified event within a fixed time be enforced, according to the text?

Never

Study Notes

  • Coercion is defined under Section 15 of the Contract Act, 1872.
  • Consent is defined under Section 13 of the Contract Act, 1872.
  • Section 14 of the Contract Act, 1872 deals with 'free consent'.
  • Fraud is defined under Section 17 of the Contract Act, 1872.

Void Agreements

  • Section 16 of the Contract Act, 1872 covers void agreements due to 'undue influence'.
  • An agreement without consideration can be valid if it is in writing and registered under law, or if it is a promise to compensate for something done.

Restraint of Marriage and Trade

  • An agreement in restraint of marriage is void, according to Section 27 of the Contract Act, 1872.
  • Agreements in restraint of trade are void, unless they are reasonable and in the interest of the parties involved.

Wager and Contingent Contracts

  • Agreements by way of wager are void, according to the text.
  • Contracts contingent on the happening of a specified event within a fixed time can be enforced, but only after the event has happened.

Test your knowledge of the sections and provisions related to the communication, acceptance, and revocation of proposals as per The Contract Act, 1872. Explore the legal aspects of proposal communication, acceptance conditions, and revocation procedures.

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