Indian Contract Act MCQ question and answer

31

On the valid performance of the contractual obligations by the parties, the contract

A) Is discharged B) Becomes enforceable C) Becomes void D) None of these

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Answer & Solution

Answer: Option A

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32

Novation amounts to

A) Discharge of contract B) Formation of consideration C) Remission D) Waiver

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Answer & Solution

Answer: Option A

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33

Which one of the following constitutes an offer?

A) Display of goods with price tags in a self-service shop B) Advertisement announcing a reward of Rs. 5000 to any person who would find the missing dog of the advertiser C) When a man advertises that he has a stock of books to sell at a flat rate of Rs. 100 per book D) An auctioneer's announcement that specified goods will be sold by auction on a certain day

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Answer & Solution

Answer: Option B

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34

Quasi contracts are the situations where-

A) Law creates obligations for a non-contracting party B) Law creates obligations for breach of contract C) Law creates obligations for continent contracts D) Law creates obligations for mistakes of fact

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Answer & Solution

Answer: Option A

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35

Acceptance sent through post:

A) Can be revoked at any time B) Cannot be revoked at all C) Can be revoked before it comes to the knowledge of the offeror D) Can be revoked only if it does not reach the offeror

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Answer & Solution

Answer: Option C

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36

Where a promisor has made an offer of performance to the promisee and the offer has not been accepted:

A) The promisor is responsible for non-performance, but he does not lose his rights under the contract B) The promisor is not responsible for non-performance, nor does he thereby lose his rights under the contract C) The promisor is not responsible for non-performance, but he loses his rights under the contract D) The promisor can enforce the performance of the promise

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Answer & Solution

Answer: Option B

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37

An agreement, which is enforceable by law at the option of one or more of the parties thereto, but not at the option of the other or others-

A) Is a valid contract B) Is an illegal contract C) Is a voidable contract D) Is an unenforceable agreement

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Answer & Solution

Answer: Option C

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38

Which one of the following promises is enforceable?

A) A promises to pay Rs. 5000 to B who saved him from drowning B) A promises to pay Rs. 5000 to his son C) A promises to donate Rs. 5000 to an officer's club D) A promises to pay Rs. 5000 as additional fee to his advocate for winning a suit

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Answer & Solution

Answer: Option A

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39

Which of the following is not true in case of wagering agreements?

A) The agreement is void under Section 23 of the Contract Act B) No suit shall be brought in any court of law on any wager C) The amount won under a wagering agreement cannot be recovered D) Any fresh promise to pay money won under a wager is also void

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Answer & Solution

Answer: Option A

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40

Find out the correct answer: The object of allowing damages in the case of breach of contract is

A) To place the plaintiff so far as the money can do it, in the same position with respect to damages as if the contract has been performed B) To punish the defendant for breach of contract C) To put the plaintiff in the same position as if the contract has not been made D) To compensate the actual loss arising from the breach

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Answer & Solution

Answer: Option A

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Indian Contract Act MCQ question and answer | Law MCQ question