Model Papers: Indian Contract Act Preliminary Model Paper 12

Q.1. Number of ingredients of 'Promise' is—

  1. Two
  2. Three
  3. Four
  4. Five
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Q.2. A proposal when accepted —

  1. Becomes a promise
  2. Becomes an agreement
  3. Becomes a contract
  4. Becomes a consideration
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Q.3. A contract without consideration will be—

  1. Voidable
  2. Void
  3. Illegal
  4. Inoperative
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Q.4. In which agreement consideration is necessary?

  1. Contract made on account of natural love and affection
  2. To pay time barred debt
  3. Contract of agency
  4. Contract of Indemnity
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Q.5. In which of the following circumstances original contract need to be performed?

  1. Novation
  2. Rescission
  3. Alteration
  4. Stipulation
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