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

Quiz on the Contract Act of the Kingdom of Bhutan 2013

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University
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Hard
Tashi RTC]
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19 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
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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