Indian Contract Act MCQ question and answer

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Each section contains 100 MCQs on Indian Contract Act .

A contingent contract based on the specified uncertain events not happening within a fixed time under section 35

A) Remains valid even if the event does not happen within that fixed time B) Becomes void at the expiration of the time fixed C) Becomes void if the happening of that event becomes impossible before the expiry of time fixed D) Both B and C

Discuss

Answer & Solution

Answer: Option D

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

Which one of the following is prescribed by the maxim ex nudo pacto non oritur actio?

A) Doctrine of privity of contract B) Doctrine of consideration C) Doctrine of implied term D) None of the above

Discuss

Answer & Solution

Answer: Option B

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

The manner of revocation of a proposal has been provided under the Indian Contract Act, 1872 in

A) Section 4 B) Section 5 C) Section 6 D) Section 7

Discuss

Answer & Solution

Answer: Option C

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

Bailment is defined in

A) Section 138 of the Indian Contract Act, 1872 B) Section 140 of the Indian Contract Act, 1872 C) Section 148 of the Indian Contract Act, 1872 D) Section 150 of the Indian Contract Act, 1872

Discuss

Answer & Solution

Answer: Option C

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

A person rightfully rescinding a contract is:

A) Entitled to claim damages B) Not entitled to claim damages C) Entitled to sue for wrongful repudiation of the contract D) Both A and C

Discuss

Answer & Solution

Answer: Option A

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

A' and 'B' go into a shop. 'B' says to the shopkeeper "let 'A' have the goods. I will see that you are paid." This is a contract of

A) Guarantee B) Bailment C) Indemnity D) Pledge

Discuss

Answer & Solution

Answer: Option A

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

Substituted agent is liable to the principal

A) Only in case of fraud & wilful default B) Irrespective of fraud & wilful default, in all cases C) Alongwith the agent D) Both A and C

Discuss

Answer & Solution

Answer: Option B

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

What comes first in a valid contract is

A) Enforceability B) Money C) Force D) None of the above

Discuss

Answer & Solution

Answer: Option A

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

Competency to contract relates to

A) Age of the parties B) Soundness of mind of the parties C) Both age & soundness of mind D) Intelligence of the parties

Discuss

Answer & Solution

Answer: Option C

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

On payment or performance of the liability the surety

A) Is invested with all the rights the creditor had against the principal debtor B) Is entitled to the every security which the creditor has against the principal debtor C) Is entitled to be indemnified by the principal debtor D) All the above

Discuss

Answer & Solution

Answer: Option A

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