Success Roar Classes

Free MCQ on Essentials of Valid offer

CA Foundation November 2020 Examinations

The Indian Contract Act 1872

An offer can only progress to become a contract when it having a status of a valid offer. An offer becomes valid when it posses all its essentials. Solve these Free MCQ on Essentials of Valid offer to know more about a valid offer.

Multiple Choice Questions

  1. A social agreement is not enforceable because
    1. This type of offer are for fun
    2. Parties have no intention to create legal rights and obligations
    3. Parties makes this for temporary purpose
    4. None of the above
  2. For becoming a valid offer, offer must have
    1. Intention to make legal relation
    2. Definite meaning
    3. Intention to obtain acceptance
    4. All of the above
  3. Ram sent a letter to Shyam to buy his Car. Ram forgot to send this letter to Ram. This offer is not valid because
    1. Ram had no intention to create legal relationship
    2. Ram has no intention to obtain consent from Shyam
    3. Ram not communicated offer to Shyam
    4. All of the Above
  4. Soniya has a building which she want to give on rent. Soniya makes an offer to Manmohan to take her building on rent. Soniya Put 3 conditions 1. Manmohan will give her Rent of 50000 pm. 2. Rent must be given on 5th day of each month. 3. All repairs expenses will be borne by Manmohan. Manmohan accepted the offer but not agreed on 3rd condition. This whole event will create an
    1. Agreement
    2. Cross offer
    3. No offer or agreement has been created
    4. None of the above
  5. Sitaram makes an offer to Jagmohan to write a book for him. Offer contains a condition that if Jagmohan doesn’t give his consent within 10 days than offer will considered to be accepted. Jagmohan doesnot reply within 10 days. This will result in
    1. An agreement
    2. No agreement, as acceptance not given in proper time
    3. No agreement, as Its not a valid offer
    4. None of the above
  6. Terms of offer must be
    1. Vague
    2. Certain
    3. Indefinite
    4. Ambiguos
  7. Acceptance of an offer, can be
    1. Conditional
    2. No conditions to be added to original offer
    3. Conditions can be modified only of original offer
    4. All of the above
  8. Offer should not contain any term, non-compliance of which will amount in acceptance
    1. True
    2. Not true
    3. Can be added with in certain cases
    4. None of the above
  9. Which of the following is necessary to make an offer valid
    1. Intention to create legal relationship
    2. Conditional terms
    3. Communication to offeree
    4. Both a & c
    5. All of the above
  10. When a person invites the other party to make an offer, this is known as
    1. Offer
    2. Initiation of offer
    3. Invitation to offer
    4. None of the above

Answer Key

  1. (b) 2. (d)  3. (c)  4. (c)  5. (c)  6 (b)  7 (b)  8 (a)  9 (d)   10 (c)

Practice More:

Free MCQ on Capacity to Contract

Share and Enjoy !

5 1 vote
Article Rating
Subscribe
Notify of
guest
0 Comments
Inline Feedbacks
View all comments
error: Content is protected !!