Indian Contract Act MCQ question and answer

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Each section contains 100 MCQs on Indian Contract Act .

Liability of a guarantor is:

A) Joint and several with the principal debtor B) Guarantor is not liable, till the principal debtor is alive C) Guarantor is liable only if the principal debtor has absconded and left India D) Guarantor is liable only if the principal debtor is unable to pay

Discuss

Answer & Solution

Answer: Option A

No explanation is given for this question. Let's Discuss on Board

Which among the following elements is not required in case of undue influence

A) The parties stand in near relation to each other B) One party shall have the position of dominance over the other C) The party standing in a dominating position actually dominates the will of the other D) Parties are not necessarily related at all, they can be strangers meeting for the first time

Discuss

Answer & Solution

Answer: Option A

No explanation is given for this question. Let's Discuss on Board

Which of the following deals with alternative promise, one branch being illegal in the Indian Contract Act, 1872?

A) Section 56 B) Section 50 C) Section 55 D) Section 58

Discuss

Answer & Solution

Answer: Option D

No explanation is given for this question. Let's Discuss on Board

Privity of Contract is that the

A) Parties to the contract can sue each other B) Beneficiary to the contract can sue the parties C) Parties to the contract can sue the third party D) Both B and C

Discuss

Answer & Solution

Answer: Option A

No explanation is given for this question. Let's Discuss on Board

The Indian Contract Act, 1872, the term 'voidable contract' has been defined under:

A) Section 2(e) B) Section 2(h) C) Section 2(i) D) Section 2(g)

Discuss

Answer & Solution

Answer: Option C

No explanation is given for this question. Let's Discuss on Board

A letter of acceptance sent by post is lost in transit

A) There is a concluded contract as the letter of acceptance is put in the course of transmission B) There is no concluded contract as the acceptance has not come to the knowledge of the proposer C) There is no concluded contract as the acceptance has not been communicated to the proposer D) All the above

Discuss

Answer & Solution

Answer: Option A

No explanation is given for this question. Let's Discuss on Board

An acceptance on telephone should be

A) Audible to the offeror B) Heard by the offeror C) Understood by the offeror D) All the above

Discuss

Answer & Solution

Answer: Option D

No explanation is given for this question. Let's Discuss on Board

Consider the following statements with regard to law of contract:
1. Presence of consideration is essential but the same should be adequate.
2. Inadequacy of consideration may be considered as evidence for the presence of undue influence.
Which of the statements given above is/are correct?

A) 1 only B) 2 only C) Both 1 and 2 D) Neither 1 nor 2

Discuss

Answer & Solution

Answer: Option B

No explanation is given for this question. Let's Discuss on Board

State of West Bengal v. B. K. Mondal & Sons, AIR 1962 SC 779 is an interpretation of which section of Indian Contract Act:

A) 69 B) 70 C) 71 D) 72

Discuss

Answer & Solution

Answer: Option B

No explanation is given for this question. Let's Discuss on Board

100

The doctrine of privity of contract means that:

A) A contract is a private affair between the parties B) Consideration can be supplied only by the parties to contract C) The contract can be enforced only by a civil and private action D) Only parties to contract can sue and be sued upon the contract

Discuss

Answer & Solution

Answer: Option D

No explanation is given for this question. Let's Discuss on Board

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Indian Contract Act MCQ question and answer | Law MCQ question