When a person invites the other party to make an offer, he is said to make a/an

Related MCQs

• When a person has done some work under a contract and the other party repudiates the contract, then the party who performed the work can claim remuneration for the work done. This is based on the principle of
• A contract in which one person promises to compensate the other for the loss suffered by him, due to the conduct of the promisor or of any other person, is known as
• A contract in which a person promises to discharge the liability of another person, in case of default by such person, is known as a
• When an offer can be accepted only by the person to whom it is made, it is called-
• The offer made to a specific person or group of persons is known as a
• Where a party to contract transfers his rights under the contract to another person, it is legally known as
• Under the Contract Act, 1872 a person is said to be of sound mind for the purpose of making a contract if:
• A positive assertion, in a manner not warranted by the information of the person making it, of that which is not true, though he believes it to be true is said to be a:
• Where money is exchanged by one person for some money with another person, the transaction is known as
• Claim for necessaries supplied to a person incompetent to contract, from the property of such person. It is covered under the concept of