Quiz on the Contract Act of the Kingdom of Bhutan 2013
Authored by Tashi RTC]
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19 questions
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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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