Indian Contract Act MCQ question and answer

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Each section contains 100 MCQs on Indian Contract Act .

Under the Indian Contract Act, 1872 an agreement not enforceable by law is said to be void. Under which of the following agreements is voidable?

A) Agreement is restraint of marriage B) Agreement is restraint of trade C) Agreement in restraint of fraud D) Wagering Agreement

Discuss

Answer & Solution

Answer: Option C

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

Agency can be terminated

A) By revocation by the principal B) By notice of renunciation by the agent C) By efflux of time D) Either A or B

Discuss

Answer & Solution

Answer: Option D

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

The basic of action under the remedy of quantum meruit is

A) Restitution B) Rescission C) Novation D) All of the above

Discuss

Answer & Solution

Answer: Option A

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

A stipulation for increased interest from the date of default is known as

A) Damage B) Penalty C) Liquidated damage D) Compensation

Discuss

Answer & Solution

Answer: Option B

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

Contract Act- Mere silence is not fraud unless

A) There is duty to speak B) The silence is deceptive C) There is a change in the circumstance to be brought to the notice of other party D) All of these

Discuss

Answer & Solution

Answer: Option D

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

Under Indian Contract Act, 1872, destruction of subject matter of contract leads to:

A) Performance of contract B) Discharge by impossibility C) Breach of Contract D) Renovation of Contract E) None of the above

Discuss

Answer & Solution

Answer: Option B

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

A person, who sues for damages, under the law of contract:

A) Has a duty to mitigate the loss consequent upon the breach of contract B) Has no duty to mitigate the loss consequent upon the breach of contract C) Can claim damages for the sum inclusive of the amount of loss due to his negligence D) None of the above

Discuss

Answer & Solution

Answer: Option A

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

In case of bailment by joint owners

A) The bailee has tu deliver the goods to all the joint owners B) The bailee has to deliver the goods to any one of the joint owners with the consent of other joint owners C) The bailee can deliver the goods to one of the joint owners even without the consent of other joint owners D) Either A or C

Discuss

Answer & Solution

Answer: Option D

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

A' enters into a contract with 'B' to sell him 100 bales of cotton, and afterwards discovers that 'B' was acting as agent for 'C'. For the price of the cotton 'A' may sue . . . . . . . .

A) Only against 'C' B) Only against 'B' C) Against 'B' or 'C' or both D) Neither against 'B' nor 'C'

Discuss

Answer & Solution

Answer: Option A

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

Section 27 of the Indian Contract Act, 1872 in which of the following relation an agreement in restraint of trade is valid:

A) Mutual adjustment B) Business contingency C) Sale of goodwill D) None of these

Discuss

Answer & Solution

Answer: Option C

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