Indian Contract Act MCQ question and answer | Law MCQ question Page-6 section-13

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51.
Consider the following statements with regard to the consequences of breach of contract.
1. In case of breach of contract, the party who suffers is entitled to receive compensation for any loss or damage caused to him thereby, which the parties knew, when they made the contract, to be likely to result from the breach of it.
2. Such compensation is to be given for any remote and indirect loss or damage sustained by reason of the breach.
Which of the statements given above is/are correct?

A. 1 only

B. 2 only

C. Both 1 and 2

D. Neither 1 nor 2

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52.
The Contract Act, 1872 consists . . . . . . . . sections

A. 238

B. 248

C. 266

D. None of these

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53.
The loss or damage arising from a breach of contract has to be ascertained

A. At the date of the breach of contract

B. At the time of making of contract

C. At the discretion of Court

D. None of the above

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54.
A leaves a cow in the custody of B to be taken care of. The cow has a calf. In the absence of any contract to the contrary-

A. B is bound to deliver only the cow to A

B. B is bound to deliver the calf as well as the cow to A

C. B is bound to deliver The calf as well as the cow if he is paid half the price of the calf

D. B is bound to deliver the calf as well as the cow if he is paid one-third of the price of the calf

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55.
A, who is B's 'mukhtar', promises to exercise his influence, as such, with B in favour of C, and C promises to pay Rs. 20,000 to A. The agreement is

A. Voidable because it is immoral

B. Void because it is immoral

C. Opposed to public policy

D. Void because consideration is unlawful

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56.
A void contract is a contract which

A. Is not enforceable by law

B. Does not have reasonable terms

C. Declared void by the Indian contract act

D. Both A and C

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57.
Bank of India v. O. P. Swarankar, AIR 2003 SC 858 is an important judgment on the following issue:

A. Communication

B. Acceptance

C. Breach of Contract

D. Invitation of offer

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58.
An agreement in connection with horse racing under Section 30 is

A. Unlawful

B. Voidable

C. Void

D. Valid

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59.
A', a tradesman leaves his goods at B's house by mistake. 'B' uses the goods as his own. Then:

A. B need not pay to 'A'

B. B is bound to pay 'A'

C. There is no contract

D. None of the above

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60.
A minor's agreement

A. Is void ab initio & cannot be ratified

B. Can be ratified by the minor during minority

C. Can be ratified on attaining majority

D. Both B and C

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Indian Contract Act MCQ question and answer | Law MCQ question

Answer & Solution

52. The Contract Act, 1872 consists . . . . . . . . sections

Answer & Solution

53. The loss or damage arising from a breach of contract has to be ascertained

Answer & Solution

54. A leaves a cow in the custody of B to be taken care of. The cow has a calf. In the absence of any contract to the contrary-

Answer & Solution

55. A, who is B's 'mukhtar', promises to exercise his influence, as such, with B in favour of C, and C promises to pay Rs. 20,000 to A. The agreement is

Answer & Solution

56. A void contract is a contract which

Answer & Solution

57. Bank of India v. O. P. Swarankar, AIR 2003 SC 858 is an important judgment on the following issue:

Answer & Solution

58. An agreement in connection with horse racing under Section 30 is

Answer & Solution

59. A', a tradesman leaves his goods at B's house by mistake. 'B' uses the goods as his own. Then:

Answer & Solution

60. A minor's agreement

Answer & Solution

Read More Section(Indian Contract Act)

52.
The Contract Act, 1872 consists . . . . . . . . sections

53.
The loss or damage arising from a breach of contract has to be ascertained

54.
A leaves a cow in the custody of B to be taken care of. The cow has a calf. In the absence of any contract to the contrary-

55.
A, who is B's 'mukhtar', promises to exercise his influence, as such, with B in favour of C, and C promises to pay Rs. 20,000 to A. The agreement is

56.
A void contract is a contract which

57.
Bank of India v. O. P. Swarankar, AIR 2003 SC 858 is an important judgment on the following issue:

58.
An agreement in connection with horse racing under Section 30 is

59.
A', a tradesman leaves his goods at B's house by mistake. 'B' uses the goods as his own. Then:

60.
A minor's agreement