28. “Consensus – ad – idem” means ……. (a) General consensus (b) Meeting of opinions on the same issue along the same lines (c) Reaching agreement (d) reaching Treaty 25. The term “contractual prudence” means (a) A contract is only a contract between the parties (b) A contract is a private document (c) Only private documents can be contracts (d) Contacts can be expressed in a habitual and appropriate way. 4. In the case of purely national agreements, the intention of the parties to establish a legal relationship is 13. A promises to deliver his watch to B and, in return, B promises to pay a sum of 2,000. It is said that there is a/a) agreement (b) proposal (c) acceptance (d) offer 6. Which of the following legal statements is wrong? (a) A legally enforceable agreement is a contract [§2] 31.
All illegal agreements are…….. (a) Null- ab- initio (b) Valid (c) Quota (d) Enforceable 1.An agreement consists of mutual commitments between at least 30. When an agreement is plagued by uncertainty. It`s…….. (a) Countervailable (b) Invalid (c) Unenforceable (d) Illegal. 11. Any agreement and promise applicable by law is ………… (a) Offer 37. An agreement legally applicable to the choice of a party (a) Valid Contract (b) Invalid Contract (c) Contestable Contract (d) Illegal Contract 18.
In trade and trade agreements, the intention of the parties to establish a legal relationship (a) exists (b) explicitly expressed in writing (c) irrelevant or all (d) not applicable. 3. The contract is defined as an agreement that can be imposed by law, empty section. of the Indian Contract Act. 22. Consideration in a contract: (a) May be past, present or future (b) May not be present or future (c) May only exist (d) (d) May only be future. (a) Out of love and affection due to a close relationship (b) payment of a prescribed debt (c) compensation to a person who has already done something of his or her own free will (d) All 21 above. A telephone acceptance (a) should be heard by the supplier (b) Audible for the supplier (c) Understood by the supplier (d) All the points mentioned above. (c) A proposal, if adopted, becomes a promise [section 2] 26. Under the Indian Contract Act, a third party (a) who is the beneficiary under the contract may bring a legal action (b) by whom the consideration was undertaken, c) May not bring legal action, even if the consideration comes from him. (d) May not bring legal action in the absence of contract law. 8.
………….. is a unilateral treaty in which only one party must keep its promise or commitment.