1131. As a general rule, an agreement made without consideration is; A. Void B. Voidable C. Valid D. Unlawful ✅ The correct answer is option A.
1132. In the above question, the communication of acceptance is complete against A on 28th Dec.1998 and against B on; A. 25th Dec.1998 B. 27th Dec.1998 C. 28th Dec.1998 D. 30th Dec.1998 ✅ The correct answer is option D.
1133. A, by a letter dated 25th December 1998, offers to sell his house to B for Rs.10 lakhs. The letter reaches on 27th Dec.1998, who posts his acceptance on 28th Dec. 1998 which reaches A on 30th Dec.1998. Here the communication of offer is completed on; A. 25th Dec.1998 B. 27th Dec.1998 C. 28th Dec.1998 D. 30th Dec.1998 ✅ The correct answer is option B.
1134. On the acceptance of an offer by a offeree A. Only the acceptor becomes bound by accepting the offer B. Only the offeror becomes bound as his terms are accepted C. Both the acceptor and offeree becomes bound by the contract D. None of these ✅ The correct answer is option C.
1135. Which of the following acts does not fall under the categories of fraud? A. Intentional false statement of facts B. Active concealment of facts C. Innocent false statements D. Promise made without intention to perform ✅ The correct answer is option C.
1136. A voidable contract is one which; A. Can be enforced at the option of the aggrieved party B. Can be enforced at the option of the both parties C. Cannot be enforced in a court of laws D. Court prohibits ✅ The correct answer is option A.
1137. An agreement the object or consideration of which is unlawful, is: A. Void B. Valid C. Voidable D. Contingent ✅ The correct answer is option A.
1138. In case of illegal agreements, the collateral agreements are; A. Void B. Valid C. Voidable D. Any of these ✅ The correct answer is option A.
1139. A wrong representation when made without any intention to deceive the other party amounts to A. Coercion B. Undue influence C. Misrepresentation D. Fraud ✅ The correct answer is option C.
1140. A contingent contract is ; A. Void B. Voidable C. Valid D. Illegal ✅ The correct answer is option C.