Which of the following features is not essential for the Indian contract Act?
A. It should be in writing only
B. Free consent of parties competent to contract
C. Lawful consideration and with a lawful object
D. It should not be declared void expressly
Answer: Option A
Related Questions on Legal Aspects of Business
A. 5 years imprisonment or 5 lakh rupees penalty or both
B. Life imprisonment
C. 3 years imprisonment or 2 lakh rupees penalty or both
D. None of the above
A. Proposal
B. Promise
C. Contract
D. None of these
What aspect of a patented product is tested by PCT?
A. Priority
B. Novelty
C. Exclusivity
D. Commercial value
The Competition Act, 2002 seeks to regulate
A. Anti-competitive agreements
B. Mergers and amalgamation
C. Unfair trade practices
D. Both A and B
Join The Discussion