CLAT Contract Law

Question 1

Under the Indian Contract Act, 1872, which section defines a 'contract'?

Accepted Answer

Section 2(h)

Answer

Section 2(e)

Answer

Section 2(a)

Answer

Section 2(b)

Question 2

Which of the following is NOT an essential element of a valid contract under the Indian Contract Act, 1872?

Accepted Answer

Written form

Answer

Free consent

Answer

Lawful consideration

Answer

Competent parties

Question 3

A contract made by a minor is:

Accepted Answer

Void ab initio

Answer

Voidable at the minor's option

Answer

Valid if ratified after attaining majority

Answer

Unenforceable

Question 4

Under Section 14 of the Indian Contract Act, consent is said to be free when it is not caused by all of the following EXCEPT:

Accepted Answer

Mutual mistake of both parties

Answer

Coercion

Answer

Undue influence

Answer

Misrepresentation

Question 5

Which of the following is a 'contingent contract' under the Indian Contract Act?

Accepted Answer

A contract to pay Rs. 10,000 if a particular ship arrives safely

Answer

A contract to deliver goods within 30 days

Answer

A contract where payment is due immediately on signing

Answer

A contract for sale of immovable property

Question 6

The rule in 'Hadley v. Baxendale' (1854) relates to:

Accepted Answer

Remoteness of damages in breach of contract

Answer

Formation of a valid contract

Answer

Doctrine of part performance

Answer

Rescission of voidable contracts

Question 7

Under Section 56 of the Indian Contract Act, a contract becomes void when:

Accepted Answer

Its performance becomes impossible or unlawful after it is made

Answer

One party refuses to perform before the due date

Answer

The contract is oral and unwitnessed

Answer

There is no written evidence of the agreement