MCQs on the Indian Contract Act, 1872
Here are 10 multiple-choice questions (MCQs) on the Indian Contract Act, 1872:
1. A contract is defined as an agreement enforceable by law under which section of the Indian Contract Act, 1872?
Section 2(e)
Section 2(h)
Section 10
Section 14
Correct Answer
Wrong Answer
2. Which of the following is NOT an essential element of a valid contract?
Free consent
Lawful consideration
Written form
Competent parties
Correct Answer
Wrong Answer
3. Which section of the Indian Contract Act deals with consideration?
Section 2(d)
Section 10
Section 10
Section 2(h)
Correct Answer
Wrong Answer
4. A contract entered into with a minor is considered:
Valid
Voidable
Void ab initio
Void ab initio
Correct Answer
Wrong Answer
5. Which of the following agreements is void under the Contract Act?
Agreement with a minor
Agreement in restraint of trade
Agreement with unlawful consideration
All of the above
Correct Answer
Wrong Answer
6. What is the effect of coercion on a contract?
It makes the contract valid
It makes the contract void
It makes the contract voidable at the option of the aggrieved party
It has no effect on the contract
Correct Answer
Wrong Answer
7. The communication of an acceptance is complete against the acceptor when:
The proposer receives the acceptance
The acceptor posts the acceptance letter
The acceptance letter reaches the proposer
The acceptor signs the contract
Correct Answer
Wrong Answer
8. A contract that is enforceable by law at the option of one party and not the other is known as a:
Valid contract
Void contract
Voidable contract
Illegal contract
Correct Answer
Wrong Answer
9. Which of the following is an example of a quasi-contract?
Agreement without consideration
Supply of goods to an incapable person
Breach of contract
Offer and acceptance
Correct Answer
Wrong Answer
10. If a contract is required to be performed within a specific time but is not performed, it leads to:
Rescission of contract
Breach of contract
Renewal of contract
Novation of contract
