The Communication of acceptance through telephone is regarded as complete when:
(a) Acceptance is spoken on phone.
(b) Acceptance comes to the knowledge of party proposing.
(c) Acceptance is put in course of transmission.
(d) Acceptance has done whatever is required to be done by him.

1 Answer

Answer :

(b) Acceptance comes to the knowledge of party proposing.

Related questions

Description : Communication of proposal is complete when it comes to the knowledge of ........... (a) The person to whom it is made (b) The proposer (c) Either (a) or (b) (d) The Court.

Last Answer : (a) The person to whom it is made

Description : The communication of a proposal is complete when it comes to (a) The knowledge of that person (b) The object of the offer (c) The intention with which offer is made (d) The facts underlying the offer

Last Answer : (a) The knowledge of that person

Description : Communication of offer is complete when (a) The letter is posted to the offeree (b) The letter is received by the offeree (c) The offer is accepted by the person to whom it is made (d) It comes to the knowledge of the offeror that the letter has been received by the offeree

Last Answer : (b) The letter is received by the offeree

Description : Consider the following statement: (1) There is no difference between the English Law and Indian Law with regard to acceptance through post. (2) Both Under the English Law and the Indian Law a contract is concluded when the ... statement is/are correct? (a)1 and 2 (b) 2 alone (c) 3 alone (d) None

Last Answer : (c) 3 alone

Description : An offer made by words spoken or written is called: (a) Implied offer (b) Express offer (c) Formal agreement (d) Informal agreement

Last Answer : (b) Express offer

Description : A contract by which one party promises to save the other from loses caused to him by the conduct of the promise himself or by the conduct of any other person is called a ________ a) Contract of indemnity b) Contract of guarantee c) Quasi contract d) none of these

Last Answer : a) Contract of indemnity

Description : Which one of the following statement is incorrect? (a) Oral acceptance is a valid acceptance. (b) Mere silence is not acceptance (c) Acceptance must be communicated (d) Acceptance may not be in the prescribed manner

Last Answer : (d) Acceptance may not be in the prescribed manner

Description : Which one of the following statement is true? (a) Offer and acceptance are revocable (b) Offer and acceptance are irrevocable (c) An offer can be revoked but acceptance cannot (d) An offer cannot be revoked but acceptance can be revoked.

Last Answer : (a) Offer and acceptance are revocable

Description : Which one of the following will constitute a valid acceptance? (a) An enquiry as to fitness of the subject matter of contract. (b) A provisional acceptance (c) Addition of a superfluous term, while accepting an offer. (d) A conditional acceptance.

Last Answer : (a) An enquiry as to fitness of the subject matter of contract.

Description : Acceptance takes place as against the proposer, when (a) When the letter of acceptance is posted by the acceptor (b) When the letter of acceptance is received by the proposer (c) When the offeree, writes the letter of acceptance, but doesn't post it (d) All the above

Last Answer : (a) When the letter of acceptance is posted by the acceptor

Description : For an acceptance to be valid, it must be (a) Partial & qualified (b) Absolute & unqualified (c) Partial & unqualified (d) Absolute & qualified

Last Answer : (b) Absolute & unqualified

Description : A tender is (a) an offer (b) invitation to an offer (c) acceptance of offer (d) none of the above

Last Answer : (a) an offer

Description : A Counter offer is ............... (a) A rejection of the original offer (b) An acceptance of the offer (c) A bargain (d) An invitation to treat

Last Answer : (a) A rejection of the original offer

Description : Which one of the following statement about a valid acceptance of an offer is incorrect? (a) Acceptance should be absolute and unqualified. (b) Acceptance should be in the prescribed manner (c) Acceptance should be communicated (d) Acceptance should be made while the offer is subsisting

Last Answer : (d) Acceptance should be made while the offer is subsisting

Description : Goods displayed in a Shop window with a price label will amount to: (a) Offer (b) Acceptance of offer (c) Invitation to offer (d) Counter offer

Last Answer : (c) Invitation to offer

Description : Which one of the following has the correct sequence? (a) Offer, acceptance, consideration, offer. (b) Offer, acceptance , consideration, contract (c) Contract, acceptance, consideration, offer. (d) Offer, consideration, acceptance, contract.

Last Answer : (b) Offer, acceptance , consideration, contract

Description : Which of the following is false? An offer to be Valid must (a) Contain a term the non- compliance of which would amount to acceptance. (b) Intend to create legal relations. (c) Have certain and unambiguous terms. (d) Be communicated to the person to whom it is made.

Last Answer : (a) Contain a term the non- compliance of which would amount to acceptance.

Description : An Agreement is ................... (a) Offer (b) Offer+ Acceptance (c) Offer + Acceptance + Consideration (d) Contract

Last Answer : (b) Offer+ Acceptance

Description : A promises to deliver his watch to B and, in return, B Promise to pay a sum of ` 2,000. There is said to be a/ an (a) Agreement (b) Proposal (c) Acceptance (d) Offer

Last Answer : (a) Agreement

Description : As per section 2(e) of the Indian Contract Act, “Every Promise and every set of promise forming the consideration for each other is a/an (a) Contract (b) Agreement (c) Offer (d) Acceptance

Last Answer : (b) Agreement

Description : Every agreement and promise enforceable by law is ……………. (a) Offer (b) Contract (c) Acceptance (d) Consideration

Last Answer : (b) Contract

Description : A/an …………… is every Promise and every set of promises , forming consideration for each other (a) Offer (b) Agreement (c) Acceptance (d) Transaction

Last Answer : (b) Agreement

Description : All Contract is a/an …………….. (a) Offer (b) Agreement (c) Acceptance (d) Transaction

Last Answer : (b) Agreement

Description : Every promise and every set of promise forming the consideration for each other is a/an (a) contract. (b) agreement. (c) offer. (d) acceptance.

Last Answer : (b) agreement.

Description : Which one of the following statement is incorrect? a. An agent create a loyal relationship between a third party and principal. b. All agents are entitled to be paid for their services ... agency relationship may be created through necessity d. An agency relationship may be created through estoppel.

Last Answer : b. All agents are entitled to be paid for their services.

Description : What is undisclosed agency? a. When a third party is not informed of the exercise of the principal and believes the agent is acting on his own behalf. b. When the agent indicates through conduct he is ... in existence. d. Where the third party knows there is a principal but doesn't know his name.

Last Answer : a. When a third party is not informed of the exercise of the principal and believes the agent is acting on his own behalf

Description : A Contract is ................ (a) A promise to do something or abstain from doing something. (b) A communication of intention to do something or abstain from doing something (c) A set of promises. (d) An agreement enforceable by law.

Last Answer : (d) An agreement enforceable by law.

Description : An auction sale is complete on the a) fall of hammer b)delivery of goods c) payment of price d)both (b) and (c)

Last Answer : a) fall of hammer

Description : where the goods are delivered to a carrier or wharfinger for the purpose of transmission to the buyer, the delivery is a) invalid delivery b)valid and effective c) conditional d)none of this

Last Answer : b)valid and effective

Description : A gives B two suitcases to store for him while he is at a meeting. What is the correct relationship between A and B. a) A is the bailee and B is the bailor b) A is the bailor and B is the bailee c) A and B are both bailees d) A and B are both Bailor

Last Answer : b) A is the bailor and B is the bailee

Description : In case of Contract of guarantee, if the creditor loses or parts with any security which the debtor provides him at time of contract, the surety is discharged to the extent of (a) The value of the security (b) The surety can be fully discharged (c) The surety can claim damages (d) All of the above

Last Answer : (a) The value of the security

Description : In both the cases, devolution of joint liabilities and devolution of joint rights, if a promisor dies, who will perform on behalf of him (a) Other promiser (b) His legal representation (c) Both (a) & (b) (d) None of the above

Last Answer : (c) Both (a) & (b)

Description : The goods are the risk of a party who has the a) ownership of goods b)possession of goods c) custody of goods d)both (b) and (c)

Last Answer : a) ownership of goods

Description : Which of the following statement is incorrect? a. An agency may be terminated by death of either party. b. An agency may be terminated by express agreement. c. An agency agreement can always be terminated by a principal. d. Mental incapability of an agent will terminate the agency relationship.

Last Answer : c. An agency agreement can always be terminated by a principal.

Description : When does apparent authority of an agent arise? a. When the acts with the usual authority of the job b. When the principal gives the agent implied authority to act c. When the agent has actual authority ... represents to a third party that an agent has the authority to act when in fact he doesn't

Last Answer : d. When the principal represents to a third party that an agent has the authority to act when in fact he doesn’t

Description : Offeror is ............ (a) Party to whom offer is made (b) Third party (c) Party making an offer (d) None of the above

Last Answer : (c) Party making an offer

Description : A party entitled to rescind the contract, loses the remedy where (a) He has ratified the contract (b) Third party has acquired right in good faith (c) Contract is not separable (d) All of the above

Last Answer : (d) All of the above

Description : If in a contract, the time lapses and if the party fails to perform the contract within specified time the contract becomes (a) Voidable (b) Void (c) Illegal (d) Enforceable in the court

Last Answer : (a) Voidable

Description : An agreement is a Voidable Contract when it is (a) Enforceable (b) Enforceable by Law at the option of the aggrieved party (c) Enforceable by both the parties (d) Not enforceable at all.

Last Answer : (b) Enforceable by Law at the option of the aggrieved party

Description : A contract is made where: (a) A buys a book from a shop (b) X bids at a public auction. (c) X agrees with Y to discover a treasure by magic (d) Z agrees to attend the birthday party of his friend

Last Answer : (a) A buys a book from a shop

Description : Which of following is a contract? (a) A engages B for a certain work and promises to pay such remuneration as shall be fixed. B does the work. (b) A and B promise to marry each Other. (c) A takes a Seat in a public vehicle (d) A invites B to a card party. B accepts the invitation.

Last Answer : (a) A engages B for a certain work and promises to pay such remuneration as shall be fixed. B does the work.

Description : …………….. is a one-sided contract in which only one party has to perform his promise or obligation. (a) Void contract (b) Illegal agreement (c) Unilateral contract (d) Bilateral contract

Last Answer : (c) Unilateral contract

Description : Which of the following is false with respect to minor entering a contract? (a) An agreement with or by a minor is void ab initio (b) A minor can be a beneficiary of a contract (c) The ... may be enforced at the option of the third party (d) A minor cannot ratify a contract on attaining majority

Last Answer : (c) The contracts involving a minor as a beneficiary may be enforced at the option of the third party

Description : For binding contract both the parties to the contract must: (a) Agree with each other. (b) Put the offer and counter offers. (c) Stipulate their individual offer (d) Agree upon the same thing in the same sense.

Last Answer : (d) Agree upon the same thing in the same sense.

Description : “A Contract is an agreement creating and defining obligations between the parties” the definition was put forwarded by (a) Dr. Ambedkar (b) Pollock (c) Salmonds (d) N.D.Kapoor

Last Answer : (c) Salmonds

Description : In agreements of a purely domestic nature, the intention of the parties to create legal relationship is (a) to be proved to the satisfaction of the court. (b) presumed to exist. (c) required to the extent of consideration. (d) not relevant at all.

Last Answer : (a) to be proved to the satisfaction of the court.

Description : Which of the following is not a duty of principal? a. To pay remuneration to agent b. To indemnify the agent against the consequences of all lawful acts. c. Right to be indemnified against consequences of acts done in good faith d. Duty to pay money received.

Last Answer : d. Duty to pay money received.

Description : The person to whom the guarantee is given is called a) Indemnifier b) Principal debtor c) Indemnified d) Creditor

Last Answer : d) Creditor

Description : The person who gives the guarantee is called a) A surety b) Guarantee c) Competent d) creditor

Last Answer : a) A surety

Description : A ______ is a contract to person the promise or to discharge a liability of a third person in case of his default. a) Contract of indemnity b) contract of guarantee c) Implied contract d) express contract

Last Answer : b) contract of guarantee