Indian Contract Act MCQ question and answer

21

As per Section 4 of Indian Contract Act the communication of acceptance is complete as against the acceptor when

A) It comes to the knowledge of proposer B) It is communicated to proposer C) It is put in to course of transmission D) It becomes impossible for him to revoke it

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Answer & Solution

Answer: Option A

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22

In case of guarantee, the liability of the surety is

A) Primary as compare to that of the principal debtor B) Secondary as compare to that of the principal debtor C) Co-extensive with that of the principal debtor D) All of the above

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Answer & Solution

Answer: Option C

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23

A contract of 'Indemnity' under the Indian Contract Act, 1872, has been defined in Section

A) 124 B) 123 C) 125 D) 126(a)

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Answer & Solution

Answer: Option A

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24

A, who deals only in coconut oil, enters into an agreement with B to sell 50 tons of oil. The agreement is

A) Enforceable by law B) Void due to uncertainty C) Voidable due to uncertainty D) None of the above

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Answer & Solution

Answer: Option A

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25

To create an agency

A) Consideration in necessary B) Consideration is not necessary C) Some consideration is necessary D) Adequate consideration is necessary

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Answer & Solution

Answer: Option B

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26

An agreement not enforceable by law is:

A) Void B) Contract C) Voidable Contract D) Valid Contract

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Answer & Solution

Answer: Option A

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27

A' promises 'B' to drop a prosecution which he has instituted against 'B' for robbery and 'B' promises to restore the value of the things taken.

A) The agreement is void, as the consideration for it is unlawful B) The agreement is void as the value of the things taken in uncertain C) The agreement is void, as its object is unlawful D) The agreement is void, as the object of it is illegal

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Answer & Solution

Answer: Option C

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28

An agreement not enforceable by law is said to be void under section . . . . . . . . of the Indian Contract Act.

A) 2(a) B) 2(b) C) 2(f) D) 2(g)

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Answer & Solution

Answer: Option D

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29

Consent is free under section 14 if not caused by

A) Coercion & undue influence B) Fraud and misrepresentation C) Mistake subject to the provisions of sections 20, 21 and 22 D) All the above

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Answer & Solution

Answer: Option D

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30

Which of the following are not types of agents?
1. Del Credere
2. Pakka adatia
3. Broker
4. Factor

A) 1 and 3 B) 3 and 4 C) 3 only D) All of the above

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Answer & Solution

Answer: Option D

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Indian Contract Act MCQ question and answer | Law MCQ question