Question: A proposal may be revoked at any time___________________?

• 1. Before the communication of its acceptance
• 2. Before the rejection of its communication
• 3. Both A and B
• 4. None of above

Question: A proposal may be revoked by ways as are provided in section _______________ of the Contract Act 1872?

• 1. 5
• 2. 6
• 3. 7
• 4. None of above

Question: A proposes by letter to sell a house to B The Communication of the proposal is complete________________?

• 1. When A make such proposal
• 2. When B accepts the proposal
• 3. Both A and B
• 4. None of above

Question: An agreement which is enforceable by law at the option of one or more of the parties there to but not at the option of other or others is _______________?

• 1. A void contract
• 2. A voidable contract
• 3. A valid contract
• 4. All of above

Question: An agreement not enforceable by law is called_________________?

• 1. Void agreement
• 2. Valid agreement
• 3. Voidable agreement
• 4. None of above

Question: “Reciprocal” Contracts means___________________?

• 1. One sided contracts
• 2. Bilateral contracts
• 3. Trilateral contracts
• 4. None of above

Question: Every promise and every set of promises forming the consideration for each other____________?

• 1. A proposal
• 2. An offer
• 3. An agreement
• 4. None of above

Question: The Contract Act of 1872 was enacted on_______________?

• 1. 25th April, 1872
• 2. 25th May, 1872
• 3. 25th June, 1872
• 4. None of above

Question: When the person to whom the proposal is made signifies his assent thereto the proposal is said to be accepted than its called _________________?

• 1. Proposal
• 2. Promise
• 3. Agreement
• 4. None of these

Question: Definitions are provided in section ___________ of The Contract Act?

• 1. 2
• 2. 3
• 3. 4
• 4. None of these