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Indian Contract Act MCQ question and answer | Law MCQ question

Indian Contract Act MCQ question and answer with easy explanations in Law MCQ. Indian Contract Act MCQ section is suitable for aspirants preparing for competitive exams like NET, UPSC, JRF, SET,UGC NET other law exams etc. Page-6 section-10

Each section contains 100 MCQs on Indian Contract Act .
51
A takes an insurance policy on his life making a false statement about his health and does not disclose the fact that he has been treated for a serious illness. In this case, which of the following statements is correct?
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Answer & Solution
Answer: Option C
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52
In which of the following cases, the Supreme Court held that the time was essence of contract?
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Answer & Solution
Answer: Option A
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53
A Guru (Spiritual Advisor) induced the Chela (his devotee) to gift him the whole of his property to secure benefit to his soul in the next world. The gift shall be:
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Answer: Option B
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54
A contract which ceases to be enforceable by law becomes void
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Answer & Solution
Answer: Option A
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55
An agreement by a bailee purportive to exempt him wholly from liability for negligence is
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Answer & Solution
Answer: Option A
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56
Displaying of goods in the Shopping Mall is
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Answer & Solution
Answer: Option B
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57
Where a party to a contract has real or apparent authority over the other the consent given by that other to the contract may be vitiated because it is influenced by
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Answer & Solution
Answer: Option C
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58
Which one of the following is not provided in Sections 4 and 5 of the Contract Act?
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Answer & Solution
Answer: Option D
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59
L' is sent to search for G's nephew in the meantime 'G' by advertisement offers a reward of Rs. 501 to anyone who finds has nephew. 'L' traces the boy and subsequently knowing about the reward claims it. To the reward L is:
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Answer & Solution
Answer: Option D
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60
Is it an absolute proposition of law that in a contractual relationship of a principal and an agent, a principal is always bound by the acts of the agent, and an agent takes no rights or incurs no personal liability under a contract entered into by him as an agent of the principal with the third person?
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Answer & Solution
Answer: Option B
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