Indian Contract Act MCQ’s Series

Boost your skills with Case laws analysis based questions & Expert-curated practice tests.

Practice Test 1

Practice Test 2

Practice Test 3

Practice Test 4

Practice Test 5

Practice Test 6

Practice Test 7

Practice Test 8

Practice Test 9

Practice Test 10

Practice Test 11

Practice Test 12

Practice Test 13

Practice Test 14

About Indian Contract Act:

The Indian Contract Act, 1872, is a crucial law that regulates contracts in India. It defines what makes a contract valid, emphasizing elements like offer, acceptance, and consideration. This law ensures that contracts are based on free consent and lawful objectives. It also covers contract types, remedies for breaches, and capacity to contract, protecting individuals’ rights. In the business world, this Act plays a vital role in setting clear rules for agreements and protecting the interests of parties involved in a contract.

Features of Indian Contract Act (ICA) Multiple Choice Questions (MCQ):

FAQ’s :

What is the Indian Contract Act, 1872?

The Indian Contract Act is a legal framework that governs the law of contracts in India.

What is the primary purpose of the Indian Contract Act?

The Act aims to provide rules and regulations for the formation, performance, and enforcement of contracts in India.

What are the essential elements of a valid contract?

A valid contract must have offer, acceptance, consideration, an intention to create legal relations, and a lawful object.

What is the difference between a void and voidable contract?

A void contract is invalid from the beginning, while a voidable contract is initially valid but can be voided by one of the parties due to certain circumstances.

Does the Indian Contract Act apply to all types of contracts?

The Act applies to most contracts in India, but specific contracts may be governed by other laws or regulations, such as specialized commercial contracts.

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