AILET entrance exam Question Bank Solutions for Legal Reasoning

The Law of Contract is nothing but ...............

To form a valid contract, there should be at least .............

A Contract is ................

As per section 2(e) of the Indian Contract Act, “Every Promise and every set of promise forming the consideration for each other is a/an

A promises to deliver his watch to B and, in return, B Promise to pay a sum of ` 2,000. There is said to be a/ an

An Agreement is ...................

The communication of a proposal is complete when it comes to

Communication of offer is complete when

An offer stands revoked

Acceptance takes place as against the proposer, when

The offer must be ..............

A contract is made where:

A tender is

An offer made by words spoken or written is called:

Parol contracts are also known as

.................. is made by words spoken.

A appoints B as his agent, by way of a power of attorney. This is an example of

................. implies a contract though the parties never expressed their intention to enter into a contract.

Where the obligation in a contract is outstanding on the part of both parties, it is called

An agreement is