Multiple Choice
Under the Contract Act, 1872 a person is said to be of sound mind for the purpose of making a contract if:
A) he is not illiterate and can read and understand the terms of the contract.
B) he is capable of understanding the contract and forming a rational judgement as to its effect upon his interests.
C) he is of the age of majority and is not disqualified from contracting by any law to which he is subject.
D) he is not suffering from any mental disease or distress.
Correct Answer:

Verified
Correct Answer:
Verified
Q1: A positive assertion, in a manner not
Q2: Which of the following is not an
Q3: A minor can:<br>A)be an agent<br>B)be a principal<br>C)both<br>D)none
Q5: The Indian Contract Act, 1872 applies to
Q6: A contract is made where<br>A)x agrees with
Q7: Which of the following statement is true<br>A)an
Q8: If a contract provides for the payment
Q9: When an offer can be accepted only
Q10: Two or more persons are said to
Q11: A jus in personam means a right