Ch 3: Elements of Law of Contracts — Chapter Test
CSEET
📚 Business Laws & Management
📖 Ch.3 — ELEMENTS OF LAW OF CONTRACTS
⭐ V1: Previous Year Question (PYQ)
⚡ Free Mode (Answers Locked)
⏱ Duration: 25 Mins
🎯 Total Marks: 20
Passed at: 10 Marks
Max Attempts: 10
Standard ICSI CSEET objective examination for Elements of Law of Contracts. 20 MCQs with instant scoring and detailed explanations.
📑 Exam Questions
20 Questions • Total 20 MarksQuestion 1:
1 Marks
Which of the following elements is NOT necessarily required for every agreement to become a contract?
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Question 2:
1 Marks
An agreement enforceable by law is a:
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Question 3:
1 Marks
All contracts are agreements, but all agreements are not contracts. This statement is:
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Question 4:
1 Marks
A proposal, when accepted, becomes a:
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Question 5:
1 Marks
An offer made to the public in general is known as a:
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Question 6:
1 Marks
Communication of acceptance is complete as against the proposer when:
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Question 7:
1 Marks
Which of the following is NOT a valid mode of revocation of an offer?
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Question 8:
1 Marks
Consideration must move at the desire of the:
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Question 9:
1 Marks
An agreement made without consideration is:
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Question 10:
1 Marks
Which of the following is an exception to the rule 'No consideration, no contract'?
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Question 11:
1 Marks
An agreement with a minor is:
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Question 12:
1 Marks
Who among the following is NOT competent to contract?
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Question 13:
1 Marks
When consent to an agreement is caused by coercion, the agreement is:
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Question 14:
1 Marks
Threatening to commit an act forbidden by the Indian Penal Code, 1860, with the intention of causing any person to enter into an agreement, amounts to:
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Question 15:
1 Marks
A contract is said to be induced by 'undue influence' where the relations subsisting between the parties are such that one of the parties is in a position to dominate the will of the other and uses that position to obtain an unfair advantage over the other. This definition is provided under which section of the Indian Contract Act, 1872?
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Question 16:
1 Marks
A contract is not voidable merely because it was caused by one of the parties being under a mistake as to a matter of fact. This statement is true for:
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Question 17:
1 Marks
An agreement to do an act impossible in itself is:
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Question 18:
1 Marks
A contract is discharged by novation when:
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Question 19:
1 Marks
Which of the following is a remedy for breach of contract where the court orders the defaulting party to perform the very act which he promised to do?
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Question 20:
1 Marks
Damages awarded to compensate the injured party for the actual loss suffered due to the breach of contract are known as:
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