1.

As per the ‘Mirror Image Rule’: (CLAT-11)

(A) The offer and the counter-offer must match each other,
(B) The acceptance should be unconditional and thus should correspond to the offer,
(C) The acceptance of the offer should be conditional,
(D) None of the above.

ANS: ‘B’

2. Consensus ad idem under a contract means: (Punj.-15)

(A) Common intention
(B) Meeting of minds
(C) Theme of contract
(D) None of the above

ANS: ‘B’

3. Which of the statements as to consideration is not correct: (MPPCJ-1997)

(A) It may be past also
(B) It need not be adequate
(C) Stranger to it cannot sue
(D) It must be real
AND: ‘C’
4. A contract of insurance a- (Maha-15)
(A) Contract of guarantee
(B) Contract of agency
(C) Contract of indemnity
(D) None of the above
ANS: ‘C’
5. Consider the following statements with regard to “uberrimae feidei” (DU LLM-09)
1. It falls within a class of cases which require utmost good faith
2. Every contract is a contract uberrimae feidei.
3. A contract of insurance is an example of uberrimae feidei

Which of the statements is correct?

(A) 1, 2 and 3
(B) (b) 1 and 3 only
(C) 2 and 3 only
(D) 1 and 2 only

ANS: ‘B’
6. Number of Ingredients of ‘Promise’ is: (MPPCJ-2001)
(A) Two
(B) Three
(C) Four
(D) Five
ANS: ‘A’
7. Where one of the parties is under a mistake as to matter of fact, the contract is:
(CLAT-09)
(A) Valid,
(B) Void,
(C) Voidable,
(D) Illegal.
ANS: ‘A’

8. A sells, by auction, to B, a horse which A knows to be unsound. A says nothing to B about

the horse’s unsoundness. A does- (MPPCJ-98)
(A) Fraud
(B) Misrepresentation
(C) No fraud
(D) Undue influence
ANS: ‘C’

9. Which of the following is a valid acceptance of a proposal: (UPPCJ-03)

(A) When an acceptance is made in ignorance of the proposal
(B) When an acceptance is made in usual and reasonable manner but not in a manner
prescribed by the proposer
(C) When an acceptance is made in a manner prescribed by the proposer
(D) None of the above
ANS: ‘C’

10. Which of the following is correct? A Contract: (CLAT-10)

(A) May be oral,
(B) Must be in writing,
(C) Must be made in the presence of witnesses,
(D) Must be written on a stamp paper.
 ANS: ‘B’

11. Under Section 27 of the Indian Contract Act, 1872 in which of the following relation an
agreement in restraint of trade is valid: (Hara-15)
(A) Mutual adjustment
(B) Business contingency
(C) Sale of goodwill
(D) None of these.
ANS: ‘C’