41
Which of the following act does not constitute fraud under the Indian Contract Act, 1872?
A)
The suggestion, as a fact, of that which is not true, by one who does not believe it to be true
B)
The active concealment of a fact by one having knowledge or belief of the fact
C)
Where a person stands in a fiduciary relation with the other and induces the other person to act on his directions
D)
A promise made without any intention of performing it
Answer & Solution
Answer: Option
C
42
When a surety to a bond dies before, the bond is forfeited. The liability in respect of bond:
A)
Shall not be discharged
B)
Shall be discharged
C)
Court has discretion to remit any portion
D)
There is no provision
Answer & Solution
Answer: Option
B
43
Section 73 of the Indian Contract Act incorporates rules from which of the following cases?
A)
East Ham B. C. v. Bernard Sunley & Sons Ltd.
B)
Shearson Lehman Button Inc v. Maclaine Watson & Co. Ltd.
C)
Hadley v. Baxendale
D)
Fish v. Kempton
Answer & Solution
Answer: Option
C
44
What is an agreement to discover a treasure by magic?
A)
Valid contract as it is voluntarily concluded
B)
Void contract as it is impossible of performance
C)
Voidable contract as it amounts to misrepresentation
D)
Unenforceable contract as it is against notions of public policy
Answer & Solution
Answer: Option
B
45
In cases of acceptance on phone, the contract is made
A)
At the place from where the acceptance is made
B)
At the place where the acceptance is communicated
C)
At the place where the offer was made
D)
All the above
Answer & Solution
Answer: Option
A
46
The consideration or object of an agreement is lawful, unless:
A)
It is forbidden by law
B)
It is of such a nature that, if permitted, would defeat the provisions of any law
C)
Involves or implies injury to the person or property of another
D)
All of the above
Answer & Solution
Answer: Option
D
47
Parties by their consent/agreement-
A)
Can confer jurisdiction on a court where there is none in law
B)
Can oust the jurisdiction of a court when there is one in law
C)
Can oust the jurisdiction of one of the courts when there are two courts having simultaneous jurisdiction in law
D)
All of the above
Answer & Solution
Answer: Option
C
48
When consent to an agreement is caused by coercion, fraud or misrepresentation:
A)
The agreement is not a contract
B)
The agreement is a contract voidable at the option of the party whose consent was so caused
C)
The agreement is a contract voidable at the option of either party
D)
The agreement is a binding contract between the parties
Answer & Solution
Answer: Option
B
49
The preamble of Indian Contract Act, 1872 states
A)
Whereas it is expedient to define and amend certain parts of the law relating to contracts; . . . . . . . .
B)
Whereas it is expedient to define certain parts of the law relating to contract; . . . . . . . .
C)
Whereas it is expedient to define and amend the law relating to contract; . . . . . . . .
D)
Whereas it is expedient to amend certain parts of the law relating to contract; . . . . . . . .
Answer & Solution
Answer: Option
A
50
A void agreement is void ab intio but a void contract is not void ab intio.
A)
True
B)
False
C)
Parlty True
D)
Parlty False
Answer & Solution
Answer: Option
A
