AILET entrance exam Question Bank Solutions

Contracts classified on the basis of performance are

A contract in which, under the terms of a contract, one or both the parties have still to perform their obligations in the future is known as

A contract in which, under the terms of a contract, nothing remains to be done by either party is known as

An implied contract is one which comes into existence on account of

A promised to marry B. Later on B died. This contract of marriage

In social agreements usual presumption is

Where a particular type of contract is required by law to be in writing and registered, it must comply with the necessary formalities as to writing, registration, and attestation. Otherwise, such a contract is

All illegal agreements are void, but all void agreements are not illegal.

An offer and its acceptance is the basic requirement of an agreement and as per this requirement an offer by one party

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When a contract is altered, the original contract is:

“A Contract is an agreement creating and defining obligations between the parties” the definition was put forwarded by

The agreement is defined by the section ............... of the Indian Contract Act, 1872.

Contractual rights and duties are created by ...............

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