There are __________ essential ingredients of a contract?

Related Mcqs:

1. A contract to do or not to do something if some event collateral to such contract does or does not happen is called___________________?

   A. Simple contract
   B. Complex contract
   C. Contingent contract
   D. None of above

2. A makes a contract with B to buy B’s horse if A survives C. This contract cannot be enforceed by law ?

   A. Unless and until C dies in A’s life time
   B. Unless and until A dies in C’s life time
   C. Both A and C dies
   D. None of above

3. The contract of guarantee is a contract in which a person perform the promise or discharge the liability of__________________?

   A. The contractor
   B. Stranger
   C. Third person
   D. None of above

4. The delivery of goods by one person to another for some purpose upon a contract that they shall when the purpose is accomplished be returned or otherwise dispose of upon discretion of the delivering person the contract is called___________________?

   A. Indemnity
   B. Bailment
   C. Contingent Contract
   D. None of above

5. A contract to pay B Rs. 10,000 if B’s house is burnt the contract is________________?

   A. Simple contract
   B. Conditional Contract
   C. Contingent Contract
   D. None of above

6. Contingent Contract is defined is section______________ of The Contract Act?

   A. 25
   B. 26
   C. 27
   D. None of above

7. Section_________ of the Contract Act, deals with enforcement of contract contingent on an event happening?

   A. 30
   B. 31
   C. 32
   D. None of above

8. The contract of insurance is infact contract of________________?

   A. Urgency
   B. Indemnity
   C. Both (a) and (b)
   D. None of above

9. A writing expressing the terms of contract which may be used as evidence of the contract is called____________________?

   A. Document
   B. Mutual understanding
   C. Internal link
   D. None of these

10. When all or some of the terms of the contract are cancelled.The contract is said to be________?

    A. Altered
    B. Novated
    C. Rescinded
    D. None of these

    Submitted by: Hafeez Alam Saila