Page 78 - PRINCIPLE OF LAW- FINAL (eISBN) pdf
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                   8.   Section  26(a)  of  the  Contract  Act  1950  provides  that  an

                         agreement made on account of  natural love and affection

                         requires no consideration. Which of the following is not a

                         condition for this exception?

                         A    The agreement must be in writing

                         B    The agreement is made to compensate a promise

                         C    The agreement must be registered under the relevant law

                         D    The agreement must be made on account of love and

                              affection between parties standing in near relation




                   9.   Section  19  of  the  Contract  Act  1950  provides  that  the

                         agreement is a contract voidable at the option of the party

                         whose consent was caused by one or more of the following


                         except ...

                         A    by coercion

                         B    by illegality

                         C    by fraud

                         D    by misrepresentation




                   10..  What is required to form a legally binding contract?

                       A     Offer, Acceptance, Consideration, Intention, Certainty.

                       B     Duty, Breach, Causation, Damages

                       C     Offer, Acceptance, Collateral, Sufficiency.

                       D     Invitation to treat, Offer, Counteroffer, Acceptance.















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