The Indian Contract Act, 1872 – Offer and Acceptance 0 The Indian Contract Act, 1872 - Offer and Acceptance 1 / 30 Q.30 An offer accepted without knowledge does not confer any legal on the acceptor TRUE Partly True FALSE None of these 2 / 30 Q.29 The offer of promiser to perform must be made to the promise any one of the joint promises authorized agents Any of these 3 / 30 Q.28 an acceptance must be conditional unconditional Either (a) or (b) neither (a) nor (b) 4 / 30 Q.27 when goodwill of the firm is sold ,the partners agree with the buyer ,not to carry out similar business specified period or within the specific local limits .this agreement is restraint is valid provided the restriction imposed are understandable reasonable implementable fesible 5 / 30 Q.26 in case of illegal agreement the collateral agreement are Valid void Voidable Any of these 6 / 30 Q.25 A, by a letter ,offer to sell his mobile to B,for Rs.20,000.without knowing A's offer ,B ,by a letter ,offers to buy the same mobile from A for Rs.20,000 ,Here a binding contract comes into existence No binding contract comes into existence No binding contract comes into existence as consideration is insufficient the Indian Contract Act is silent on such issue 7 / 30 Q.24 A, by a letter dated 15th March ,offer to sell his car to B, who posts his acceptance on 20th march ,here B can revoke his acceptance at any time till his letter reaches A B cannot revoke his acceptance at any time till his letter reaches A neither (a) nor (b) We cannot decide without further information 8 / 30 Q.23 where the seller is bound to send the goods to the buyer as per the agreement , & there is no specific time limit goods shall be delivered within a suitable time a minimum time adequate time a reasonable time 9 / 30 Q.22 M/s Law Book Company made an offer to sell a new law book released recently only to the members bar Council. This offer is called : General offer Specific offer Implied offer Invitation to offer 10 / 30 Q.21 B's son is lost. A goes in search of B's son. Meanwhile, B makes an offer to pay Rs.1,000 to the finder of his son. A finds B's son. Can A claim Rs. 1,000 from B? Yes, has found B's Son. No, A had no knowledge of the offer No, A is hired by B None of these 11 / 30 Q.20 The offeror becomes bound only when : Letter of acceptance received by him Letter of acceptance posted by offeror Letter of acceptance is not posted None of the above 12 / 30 Q.19 X offer to sell to his house to Y for Rs. 10 lakhs and states in his letter that the offer would be considered as accepted if acceptance is not communicated, within a certain time. Here, the latter of X would : Amount to a proposal is a valid condition offer Not Amount to a proposal Amount to acceptance 13 / 30 Q.18 When the acceptance is given on telephone or fax, the place of contract is : The place from where the telephone call is booked The place where the acceptance is heard or received The place from where the offer was made The place where the offeror resides 14 / 30 Q.17 In telephonic conversation, the acceptance is completed when : The words are heard by offeror The words are spoken by offeree The words are heard and action is taken None of these 15 / 30 Q.16 If A offers B to buy his scooter for Rs.5,000only when B sells his bicycle to him for Rs.500, B accepted to buy A's scooted but does not sell his bicycle. It is an : Valid acceptance Legal obligation Invalid acceptance Both (a) and (b) 16 / 30 Q.15 "Holiday Packages" announced as an advertisement are an example of ____ Offer Counter offer Invitation to offer None of the above 17 / 30 Q.14 If the offeree has acceptance in ignorance of death of offeror it is a : Valid acceptance Valid contract Legal obligation All of the above 18 / 30 Q.13 The acceptance of an offer, in ignorance of the fact of death or insanity of the offeror, is: A valid acceptance Not valid An illegal acceptance A fraudulent acceptance 19 / 30 Q.12 Under Section 2 (c) of Indian Contract Act, Promisor is the person: To whom the proposal is made Who makes the promisel Who makes the proposal Who accepts the proposal 20 / 30 Q.11 Communication of an offer may be by: words only conduct only words or conduct None of the above 21 / 30 Q.10 A letter of acceptance sufficiently stamped and duly addressed is put into course of transmission There is : A contract voidable at the option of offerer No contract at all A valid contract None of the above 22 / 30 Q.9 An acceptance is not according to the mode prescribed, but the offeror decides to keep quite. In such a case, these is : A contract No contract A voidable contract An unenforceable contract 23 / 30 Q.8 The offer lapses by the death of offeror, if the fact of the death comes to the knowledge of offeree : Before acceptance After acceptance During acceptance Any of the above 24 / 30 Q.7 The offer lapses when the offeree : Does not accepts the conditions prescribed Fails to fulfill the conditions prescribed Either (a) and (b) Neither (a) nor (b) 25 / 30 Q.6 A counter offer is --------- A change in the original offer Same as original offer Not a offer at all An illegal offer 26 / 30 Q.5 Agreement to sell Ownership is transferred at some future date A stipulation which is essential Stipulation which is collateral Ownership is transferred immediately 27 / 30 Q.4 Raj offers to sell his car via internet to Kumar, It is a : Express offer Implied offer Particular offer E-Offer 28 / 30 Q.3 A, by a letter dated 10th January 2008, offers to sell his house to B for Rs 10 Lakhs. The letter reaches B on 17th January. B sends his acceptance on 18th January 2008 which reaches A on 25th January, Here, he communication of offer is complete on : 18.01.2008 30.01.2008 17.01.2008 10.01.2008 29 / 30 Q.2 Acceptance on telephone is complete: When words of acceptance are heard by the proposer When words of acceptance are spoken When the proposer hears the words of acceptance and he act upon it When the propose hears the words acceptance and he communicates this to the offeree 30 / 30 Q.1 The proposal given by one party to another which enter into legal binding of 'to do or not to do 'any thing is a Propose Offer Contract None of these Your score is LinkedIn Facebook Twitter VKontakte