143. Which is the following is false? Consideration:
A. Must move at the desire of the promisor
B. May move from any person
C. Must be illusory
D. Must be some value
✅ The correct answer is option C.
A proposal when accepted becomes a:
A. Promise
B. Contract
C. Offer
D. Acceptance
✅ The correct answer is option A.
An offer may lapse by
A. Revocation
B. Counter Offer
C. Rejection of offer by offeree
D. All of these
✅ The correct answer is option D.
In case of illegal agreements the collateral agreements are
A. Valid Contract
B. Void Contract
C. Voidable Contract
D. None of these
✅ The correct answer is option B.
Which is the following is false? An acceptance:
A. Must be communicated
B. Must be absolute and unconditional
C. Must accepted by a person having authority to accept
D. May be presumed from silence of offeree
✅ The correct answer is option D.
When the consent of a party is not free, the contract is:
A. Void
B. Voidable
C. Valid
D. Illegal
✅ The correct answer is option B.
Which is the following is false? An offer to be valid must;
A. Intend to create legal relations
B. Have certain and unambiguous terms
C. Contain a term the non‐compliance of which would amount to acceptance
D. Be communicated to the person to whom it is made
✅ The correct answer is option C.
An agreement which is enforceable by law at the portion of one or more of the parties thereon but not at the option of the other or others is a :
A. Valid Contract
B. Void Contract
C. Voidable Contract
D. Illegal Contract
✅ The correct answer is option C.
118. A contingent contract is ;
A. Void
B. Voidable
C. Valid
D. Illegal
✅ The correct answer is option C.
131. Which of the following persons can perform the contract?
A. Promisor alone
B. Legal representatives of the Promisor
C. Agent of the Promisor
D. All of these
✅ The correct answer is option D.