Indian Contract Act MCQ question and answer | Law MCQ question
Indian Contract Act MCQ question and answer with easy explanations in Law MCQ. Indian Contract Act MCQ section is suitable for aspirants preparing for competitive exams like NET, UPSC, JRF, SET,UGC NET other law exams etc. Page-5 section-6
Each section contains 100 MCQs on
Indian Contract Act .
. . . . . . . . of the Indian Contract Act, 1872 prescribes that the acceptance must be made in a reasonable manner. If the proposer has prescribed a manner of acceptance, the acceptance must be made in that manner, if not so made, there is a contract only if the proposer 'accepts the acceptance'
Two parties entered into a contract. They later realised that the law as they understood as applicable was not in force in India, this makes their contract:-
A, a jewellery wholesaler, leaves some jewellery at B's jewellery shop by mistake. B treats the jewellery as his own. Which one of the following remedies is available to A?
Consider the following statements:
Consent obtained by mistake renders an agreement void if it is:
1. regarding value of the subject matter of the contract.
2. a mistake of fact by both the parties to the contract.
3. a mistake of law in force in India.
4. a mistake of foreign law by one party to the contract.
Which of the statements given above is/are correct?