List of top Legal Studies Questions on Contract Law

Which among the below mentioned option is correct as per the Indian Contract Act?
Goods displayed in a shop with a price tag are an?
An agreement that is enforceable by law is called?
The Indian Contract Act, 1872, came into force on?
A person P offers to sell his car to Q for Rs.5 Lakhs and asks Q to reply within 6 days. On the 4th day, P sells his car to R without informing Q. On the 5th day, Q accepts the offer given by P. Which one of the following is correct?
Statement-1 : Every contract is an agreement
Statement-2 : Every agreement is a contract
Which one of the following is essential for an agreement to become a contract?
A person X finds lost goods and keeps them in his possession. He is legally known as
A invites B to a family function at his residence. B accepts but does not attend. Legally A can
A person X threatens another person Y to publish defamatory statements in a newspaper unless Y pays money. This amounts to
A minor enters into a contract. It is
A contract will still be a valid contract if it is:
Choose the correct answer based on the following statements-
1. All void contracts are not necessarily illegal.
2. All illegal contracts are void.
Ramesh's job contract with M/s XYZ bars him from joining any rival software firm in India for three years post-resignation. But after resigning within three years, he joins a competitor. XYZ company filed a suit to enforce the restrictive clause. Under the Indian Contract Act, 1872, what is the legal position?
X takes a loan of 10,00,000 from Bank A. Y signs a contract as surety... Bank A agrees to reduce the interest rate and extends the repayment period by 6 months without informing Y... Which of the following statements correctly describes Y's liability under the Indian Contract Act, 1872?
During an India - Country X war, India declares X an enemy. A (an Indian citizen) enters into a contract to supply medicines to B (a citizen of X) via a neutral intermediary and a bank. Which of the following is most accurate under the Indian Contract Act, 1872?
Ramesh's job contract with M/s XYZ bars him from joining any rival software firm in India for three years post-resignation. But after resigning within three years, he joins a competitor. XYZ company filed a suit to enforce the restrictive clause. Under the Indian Contract Act, 1872, what is the legal position?
During an India – Country X war, India declares X an enemy. A (an Indian citizen) enters into a contract to supply medicines to B (a citizen of X) via a neutral intermediary and a bank. Which of the following is most accurate under the Indian Contract Act, 1872?
X takes a loan of ₹ 10,00,000 from Bank A. Y signs a contract as surety, promising to pay the bank if X defaults. After 3 months, Bank A agrees to reduce the interest rate and extends the repayment period by 6 months without informing Y. Subsequently, X defaults on the loan. Which of the following statements correctly describes Y's liability under the Indian Contract Act, 1872?
A contract is said to be induced by __________ where the relation subsisting between the parties is such that one of the parties is in a position to dominate the will of the other and uses that position to obtain an unfair advantage.
A agrees with B to discover treasure by magic. The agreement is:
'A' agrees to pay ₹1,00,000 if 'B' brings a star from the sky. This is:
Under the Indian Contract Act, 1872, a price catalogue is considered to be:
A agrees to sell his bike to B for Rs. 50,000. Later, A refuses to sell. What is B’s remedy?
A minor enters into a contract. The contract is: