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Indian Contract Act MCQ question and answer | Law MCQ question

Indian Contract Act MCQ question and answer with easy explanations in Law MCQ. Indian Contract Act MCQ section is suitable for aspirants preparing for competitive exams like NET, UPSC, JRF, SET,UGC NET other law exams etc. Page-3 section-8

Each section contains 100 MCQs on Indian Contract Act .
21
A, B and C as sureties for D, enter into three several bonds, each in a different penalty, namely, A is the penalty of Rs. 10,000, B is that of Rs. 20,000 and C in that of Rs. 40,000 conditioned for D's duly accounting to E. D makes default to the extent of Rs. 30,000. The liabilities of A, B and C are
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Answer & Solution
Answer: Option D
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22
A promises to deliver goods to B on a certain day on payment by B. A dies before that day:-
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Answer: Option C
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23
A agrees to sell a horse of worth Rs, 5,000 for Rs. 1,000 to B. A's consent to the agreement was freely given. The agreement is
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Answer: Option A
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24
Indian Contract Act:- A, a tradesman, leaves goods at B's house by mistake. B treats the goods as his own. He is bound to pay A for them
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Answer: Option B
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25
A proposal can be accepted
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Answer: Option D
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26
A contract by which one party promises to save the other from loss caused to him by the conduct of the promisor himself, or by the conduct of any other person, is called
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Answer: Option B
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27
Undue influence has been defined under Section . . . . . . . . of the Indian Contract Act, 1872
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Answer: Option A
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28
The legal principle, which was laid down in the case of Harvey v. Facey, was firstly followed by the Supreme Court of India in which of the following cases?
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Answer: Option C
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29
Which of the following cases is related to 'doctrine of frustration'?
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Answer: Option C
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30
The juristic concept of contract consists of
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Answer: Option B
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