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11th Standard English Medium Commerce Subject Elements of Contract Creative 2 Mark Questions with Solution Part - II

11th Standard

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Commerce

Time : 00:30:00 Hrs
Total Marks : 10
    5 x 2 = 10
  1. 'A' offered to sell a two-wheeler to B for Rs 10,000 but B was willing to pay Rs 9,000. A refused and B offered Rs 10,000 when a refused was it a valid contract?

  2. What is meant by Tacit Contract?

  3. What are all the two parts of Indian Contract Act?

  4. What do you mean by Acceptance?

  5. What is Valid Contract?

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