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.

1 Answer

Answer :

(a) The person to whom it is made

Related questions

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 : 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 : 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.

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

Description : The person making the proposal is called ............. (a) Promisor (b) Promisee (c) Participator (d) Principal

Last Answer : (a) Promisor

Description : A person making a proposal is called .............. (a) Promisor (b) Vendor (c) Contractor (d) Promise

Last Answer : (a) Promisor

Description : The term” Proposal or offer” has been defined in - of the Indian contract Act. (a) Section 2(a) (b) Section 2(b) (c) Section 2(c) (d) Section 2(d)

Last Answer : (a) Section 2(a)

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 : Which of the following legal statement is incorrect? (a) An agreement enforceable by law is a contract [Section 2] (b) All agreements are contracts [Section 10] (c) A proposal when accepted becomes ... and every set of promise forming the consideration for each other is an agreement [Section 2(e)]

Last Answer : (b) All agreements are contracts [Section 10]

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 : 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 whom delivered the goods for bailment process is called a) Bailee b) Bailor c) Pawnor d) Pawnee

Last Answer : a) Bailee

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 order of court restraining a person from doing a particular act, it’s a case of (a) Specific performance (b) Injuction (c) Both (a) & (b) (d) None of the above

Last Answer : (b) Injuction

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 : Over a cup of coffee in a restaurant, X Invites Y to dinner at his house on a Sunday. Y hires a taxi and reaches X's house at the appointed time , but x fails to perform his promise. Can Y recover any ... as the intention was not to create legal relation. (c) Either (a) or (b) (d) None of these.

Last Answer : (b) No, as the intention was not to create legal relation.

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 : 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 : A sees an article marked Price Rupees Twenty in B's shop .He offers B 20 for the article. B refuses to sell saying the article is not for sale. Advice A. (a) A cannot force B to sell the article at ` 20 ( ... B to sell the article at ` 20 (c) A can claim damages (d) A can sue B in the Court.

Last Answer : (a) A cannot force B to sell the article at ` 20

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 : The person whose loss is to be made good is called the a) Indemnifier b) Principal Debtor c) Indemnity holder d) none of these

Last Answer : b) Principal Debtor

Description : An offer made to a (i) Specific person, or (ii) a group of persons is known as (a) Standing offer (b) Specific offer (c) Special offer (d) Separate offer

Last Answer : (b) Specific offer

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

Description : _______ is a guarantee given for the good conduct or honesty of a person employed in a particular office. a) Fidelity guarantee b) Continuing Guarantee c) Retrospective guarantee d) specific guarantee

Last Answer : a) Fidelity guarantee

Description : The person who promises to make good the loss is called the ___ a) Indemnified b) None of these c) Indemnifier d) Indemnifier holder

Last Answer : c) Indemnifier

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 : A person employed by, and acting under the control of the original agent is called……. a. Substitute agent b. Co-agent c. Sub agent d. Universal agent

Last Answer : c. Sub agent

Description : A person employed to do any act for another person is called. a. Agent b. Principal c. Agency d. Bailor

Last Answer : a. Agent

Description : Right of a person to retain possession of some goods belonging to another until some debts of the person in possession is satisfied a) Pledge b) Bailment c) Lien d) Guarantee

Last Answer : c) Lien

Description : The person delivering the goods for achieving some purpose and returned the same after completion is called a) Bailee b) Pledgee c) Bailor d) Agent

Last Answer : c) Bailor

Description : A person who finds the goods belonging to others and takes them into his possession is called a) Finder of goods b) Bailor c) Pledgor d) Pawnee

Last Answer : c) Pledgor

Description : A bailment in which only the person who borrows and article gets the benefits is known as: a) Bailment for the sole benefits of the bailee b) Bailment for the sole benefits of the bailor c) Mutual benefit bailment d) Constructive bailment

Last Answer : a) Bailment for the sole benefits of the bailee

Description : Under the Indian Contract Act, the contract of indemnity is restricted to such cases (a) Where the loss promise to be reimbursed is caused by the conduct of the promisor or any other person (b) The loss caused ... accident which does not depend upon conduct of any person (c) Both (a) & (b) (d) None

Last Answer : (b) The loss caused by the any events or accident which does not depend upon conduct of any person

Description : A person finds certain goods belonging to some other persons. In such a case, the finder (a) Becomes the owner of that good (b) Is under a duty to trace the real owner (c) Can sell that good if true owner is not found (d) Both (b) & (c)

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

Description : Which of the following is not a right of the principal? a. Right to recover damage b. Right to demand account and to claim secret profit made. c. Right to remuneration d. To resist agent’s claim for indemnity.

Last Answer : c. Right to remuneration

Description : An agency relationship which is made retrospectively is known as an agency by: a. Estoppel b. Ratification c. Necessity d. Commerce

Last Answer : b. Ratification

Description : Pledge is made for purpose a) Any purpose b) Special purpose c) Common purpose d) None of the above

Last Answer : b) Special purpose

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 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 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 : ……………… is made by words written. (a) Express contract (b) Implied contract (c) Tacit contract (d) Unlawful contract

Last Answer : (a) Express contract

Description : Valid contracts (a) are made by free consent. (b) are made by competent parties. (c) have lawful consideration and lawful object. (d) all of the above.

Last Answer : (d) all of the above.

Description : When a guarantee given for an existing debt or obligation it is known as a) Specific guarantee b) fidelity guarantee c) Retrospective guarantee d) continuing guarantee

Last Answer : a) Specific guarantee

Description : A continuing guarantee may at any time be revoked by the surety as to future transactions by giving a ____ to the creditor. a) By notice b) By Oral c) By death of surety ` d) none of these

Last Answer : a) By notice

Description : When a guarantee extends to a single transactions or debt it is called a) Retrospective guarantee b) Specific Guarantee c) Prospective guarantee d) Fidelity guarantee

Last Answer : b) Specific Guarantee

Description : On sellers wrongful refusal to deliver the unascertained goods to the buyer, the buyer can file a suit for recovery of a)goods b)damages c)both (a) and (b) d)none of these

Last Answer : d)none of these

Description : A bidder at an auction sale can withdraw his bid a) before fall on hammer b)any time during auction c) before payment of price d)none of these

Last Answer : a) before fall on hammer