Quiz on the Contract Act of the Kingdom of Bhutan 2013

Quiz on the Contract Act of the Kingdom of Bhutan 2013

University

19 Qs

quiz-placeholder

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Quiz on the Contract Act of the Kingdom of Bhutan 2013

Quiz on the Contract Act of the Kingdom of Bhutan 2013

Assessment

Quiz

Other

University

Hard

Created by

Tashi RTC]

Used 7+ times

FREE Resource

19 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the primary purpose of the Contract Act of Bhutan 2013?

To establish criminal laws

To govern contracts in Bhutan

To regulate property ownership

To manage tax regulations

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following is NOT a feature of a valid contract?

Legality

Consideration

Agreement

Unilateral consent

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What term describes the parties involved in a contract?

Lender and Borrower

Offeror and Offeree

Promisor and Promisee

Buyer and Seller

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is required for a contract to be legally enforceable?

It must be notarized

It must be verbal

It must be in writing

It must have free consent

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following is a type of contract based on validity?

Quasi Contract

Voidable Contract

ExecutoryContract

Executed Contract

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What does 'consensus ad idem' refer to in contract law?

Free consent

Written documentation

Legal capacity

Mutual agreement

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following is NOT a reason for discharge of a contract?

Performance

Change of mind

Breach of contract

Mutual consent

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