LAW OF CONTRACTS – I

Name

Roll No

1. What is the meaning of a Void Agreement

2. A shopkeeper displayed goods at a certain price in his shops. Mr. X
approached the counter to purchase the goods. The shopkeeper refused
to sell it to him. Mr. X approached the court. Will his claim be allowed?
State with reasons
3. Mr. A offers to sell his watch to Mr. B for Rs. 6000. Mr. B rejects the
offer and says he can only pay Rs. 5000 to which Mr. A did not agree.
Thereupon Mr. B agrees to pay Rs. 6000 for the watch as was initially
offered by Mr. A. However Mr. A does not agree to it.
Mr. B then approached the court contending that Mr. A was bound by a
contract between them. Decide whether there was a valid contract or
not
4. When is communication of acceptance of a Proposal complete:
 As against the Proposer
 As against the Acceptor
5. State the different modes according to Sec 6 of the Indian Contract Act
by which a Proposal may be revoked?
6. Mr X’s dog goes missing. Mr Y. sets out to search for the missing dog.
In his absence Mr. X announces that he shall pay Rs. 1000 to whoever
found his dog. Mr. Y finds out the missing dog and returns it to Mr. X.
He then demands for the reward as announced by Mr. X to which Mr.
X refuses to pay. Decide whether Mr Y is entitled to receive the reward