Choose the Correct Answer 1. Which one of the following element is not necessary for a Contract? a) Competent Parties b) Reasonable terms & conditions c) Free consent d) Lawful concentration 2. An agreement becomes a Contract if: a) It is by free consent of the parties b) Parties are Competent c) It is enforceable by law d) All of these 3. Consideration is a)Something in return b)Something of value c)Something invaluable d)None of these 4. The person which is represented as an agent______ a)Middleman b)Owner c)Principal d)None of these
Part B (4x5=20 Marks)
Answer All Questions 5. Write about the Termination of an offer? 6. Explain about Consideration? 7. Write about Unilateral Mistake?. 8. Explain about Undue Influence? Part C (2x8=16 Marks) Answer All Questions 9. Briefly discuss about the capacity to Contract? 10. Explain the Discharge of Contract?