31
Which provision of Indian Contract Act provides definition of free consent
A)
Section 13
B)
Section 14
C)
Section 10
D)
Section 11
Answer & Solution
Answer: Option
B
32
Which one of the following is a contract?
A)
An agreement to do a lawful act by an unlawful means
B)
An undertaking in writing duly signed to pay the time barred debt
C)
An agreement in restraint of a lawful trade
D)
An agreement to pay Rs. 10,000 without consideration
Answer & Solution
Answer: Option
B
33
If only a part of the consideration or object is unlawful, the contract under Section 24 of the Indian Contract Act, 1872 shall be:
A)
Valid to the extent the same are lawful
B)
Void to the extent the same are unlawful
C)
Void as a whole
D)
Valid as a whole
Answer & Solution
Answer: Option
C
A)
If the offer is not made to an ascertained person
B)
If the offer is made to an ascertained person
C)
If the acceptance is made by an unascertained person
D)
If the acceptance is made by an ascertained person
Answer & Solution
Answer: Option
C
35
Considerations & objects are unlawful where it is
A)
Forbidden by law or defeat the provision of any law
B)
Which is fraudulent
C)
Which is immoral & against the public policy
D)
All the above
Answer & Solution
Answer: Option
D
36
A and B agree that A shall pay B Rs. 500 for which B shall afterwards deliver to A one quintal wheat or a smuggled pistol. Decide:
A)
The whole agreement is void
B)
The whole agreement is valid
C)
The whole agreement is unlawful
D)
The agreement to deliver wheat is valid but the agreement is void as to the pistol
Answer & Solution
Answer: Option
D
37
As a general principle of Law of Contract, which one of the following is not an essential of a valid contract?
A)
Writing
B)
Competency to contract
C)
Lawful consideration and lawful object
D)
Free consent
Answer & Solution
Answer: Option
A
38
What is the meaning of 'ab initio'?
A)
Correct from the beginning
B)
Absurdity
C)
From the beginning
D)
Initial stage of a proceeding
Answer & Solution
Answer: Option
C
39
Which of the following statements is not correct?
A)
When the acceptance is required by post, but the same is made by telephone or telegram i.e., by a quicker mode, will result in a valid contract
B)
But if the deviation from the prescribed manner is to the disadvantage of the offeror, he is entitled to treat the acceptance as invalid
C)
If the offeror wants the acceptance to be sent by wagon, but the same is sent by post, and the letter reaches after the arrival of the wagon, the offeror is entitled to treat the acceptance as invalid
D)
The communication of the acceptance is complete as against the proposer, when it comes to the knowledge of the acceptor
Answer & Solution
Answer: Option
D
40
Which one of the following statements about general offer is correct?
A)
The general offer should be made to the specified persons
B)
The general offer does not require any consideration
C)
The general offer prescribes some condition to be fulfilled
D)
The general offer does not work without support of public at large
Answer & Solution
Answer: Option
C