MCQs CA-CPT Mercantile Law
1. under section 2(c) of the indian contract act, promisee is the person-
(a) who makes the proposal
(b) who accepts the proposal
(c) who makes the promise
(d) to whom proposal is made.
ans. (b)
2. a proposal when accepted becomes a promise under section ....... of the indian contract act.
(a) section 2(b)
(b) section 2(c)
(c) section 2(d)
(d) section 2(e).
ans. (a)
3. under section 2(b) the indian contract act, if the person to whom the proposal is made signifies his assent, the proposal is said to have been-
(a) accepted
(b) agreed
(c) provisionally agreed
(d) tentatively accepted.
ans. (a)
4. according to the indian contract act ,1872, a promise is –
(a) a communication of intention to do something
(b) a proposal which has been accepted
(c) a gentleman’s word to do something
(d) a statement on oath.
Ans (a)
5. an offer can be accepted by –
(a) notice of acceptance
(b) performance of condition specified in the offer
(c) acceptanceof considerationfor a reciprocal promise
(d) all of the above.
ans. (d)
6. acceptance may be-
(a) express
(b) implied
(c) neither (a)nor (b)
(d) either (a) or (b)
ans. (d)
7. when the proposal or acceptance is made atherwise by words, the promise is said to be-
(a) expressed
(b) implied
(c) accepted
(d) rejected
ans. (b)
8. when a proposal and its acceptance are made by words, they are known as-
(a) expressed
(b) implied
(c) accepted
(d) admitted
ans. (a)
9. in case, where a proposal and its acceptance are not made by words and are inferred from the conduct of the parties. they are known as-
(a) implied offers
(b) expressed offers
(c) specific offers
(d) general offers
ans. (a)
10. express offers and acceptance may be proved by the agreement between the parties but implied offers can be proved only by-
(a) words
(b) conduct
(c) circumstantial evidence
(d) prima facie evidence.
ans. (b)
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