Contracts Management (3160614) MCQs

MCQs of Introduction

Showing 11 to 20 out of 23 Questions
1 2 3
11.

Which of the following is not a characterisitics of good contract?

(a)

Cleanliness
(b)

Clarity
(c)

Completeness
(d)

Easily Understood
Answer:

Option (a)

12.

Under which section of Indian contract act the legal enforceability can be evaluated?

(a)

Section 2
(b)

Section 10
(c)

Section 18
(d)

Section 31
Answer:

Option (b)

13.

When offer is met with absolute and unconditional acceptance it becomes ________

(a)

Contract
(b)

Tender
(c)

Agreement
(d)

Notice
Answer:

Option (c)

14.

When agreement is enforceable by law it becomes ________

(a)

Contract
(b)

Offer
(c)

Acceptance
(d)

Tender
Answer:

Option (a)

15.

Which statement is correct?

1. All the contracts are agreements.

2. All the agreements are not contracts.

(a)

Only statement 1 is correct
(b)

Only statement 2 is correct
(c)

Both statement 1 and 2 are correct
(d)

Both statement 1 and 2 are incorrect
Answer:

Option (c)

16.

Breach of the contract can occur if ________

(a)

Contractor fails to complete the work in time limit
(b)

Contractor fails to achieve desired progress
(c)

Owner fails to pay the amount as agreed in contract
(d)

All of the above
Answer:

Option (d)

17.

Which of the following is not a condition for breach of contract?

(a)

The contractor becomes insolvant
(b)

Contractor sublets entire work
(c)

Contractor hires specialized firm for part of work
(d)

Contractor offers bribe or gifts
Answer:

Option (c)

18.

Legalley ending contract contract before both the parties have fulfilled their obligations is call as ________.

(a)

Void Contract
(b)

Temporary Contract
(c)

Termination of Contract
(d)

Arbitration of Contract
Answer:

Option (c)

19.

What can be done in the case of termination of contract?

(a)

A registered notice is served
(b)

Contractor is allowed upto 14days time to defend
(c)

Both A and B
(d)

None of the above
Answer:

Option (c)

20.

In construction contract consultants and contract have ________ type of relationship.

(a)

Working
(b)

Contractual
(c)

Both Working and Contractual
(d)

None of the above
Answer:

Option (a)

Showing 11 to 20 out of 23 Questions
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