Match the following: (i) Executed Contract (a) Contract in which only one party has to perform his promise (ii) Executory Contract (b) Consideration for the promise in a contract is already given. (iii) Unilateral Contract (c) Promise in a contract is outstanding on part both the parties. (iv) Bilateral Contract (d) Reciprocal promises are to be performed in future.

Correct Answer is : iiiiiiivbdac

\table \i, \ii ,\iii ,\iv;\b ,\d ,\a ,\c

CA CPT Model Test Paper 3 with solutions for online practice

Question : 64 of 200

Marks: +1, -0

Match the following:

(i) Executed Contract	(a) Contract in which only one party has to perform his promise
(ii) Executory Contract	(b) Consideration for the promise in a contract is already given.
(iii) Unilateral Contract	(c) Promise in a contract is outstanding on part both the parties.
(iv) Bilateral Contract	(d) Reciprocal promises are to be performed in future.

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