Indian Contract Act MCQ question and answer

51

The mother owes Rs. 10,000 to her daughter. But the Limitation Act has barred this debt. The mother signs a written promise to pay Rs. 3,000 on account of the debt. In this case which one of the following is correct?

A) There is no contract as the debt is already barred by limitation and so it cannot be revived by a subsequent promise B) There is no contract because the mother has promised to give only a part of the debt C) This is a contract because there is a natural love and affection relation and the promise is in writing and signed D) This is enforceable against the mother because such a promise is valid and binding under the Indian Contract Act

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Answer & Solution

Answer: Option D

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52

A tender in a newspaper is

A) Invitation to offer B) Promise C) Offer D) Invitation for acceptance

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Answer & Solution

Answer: Option A

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53

In the case of Mohri Bibee v. Dharamdas Ghose, who was the defendant in the trial court?

A) Dharamdas Ghoshe B) Brahmo Dutt C) Mohri Bibee D) Kedar Nath

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Answer & Solution

Answer: Option B

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54

In the following cases which case relates to general offers

A) Lalman Shukla v. Gauri Datt B) Carlill v. Carbolic Smoke Ball Comp. C) Both A and B D) None of the above

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Answer & Solution

Answer: Option C

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55

Consent' is said to be free when it is caused by

A) Cercion of the will of the parties B) Fraud C) Mistake D) Voluntary will of the parties

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Answer & Solution

Answer: Option D

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56

Standard form of contract is also known as

A) Contract of adhesion B) Unilateral contract C) Specific contract D) Both A and B

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Answer & Solution

Answer: Option D

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57

What is pledge:

A) The bailment of goods as security for payment of a debt or performance of a promise B) The delivery of goods by one person to another for some purpose, upon a contract that they shall, when the purpose is accomplished, be returned or otherwise disposed of according to the direction of the person delivering them C) A contract by which one party promises to save the other from loss caused to him by the contract of the promisor himself, or by the conduct of any other person D) A contract to do or not to do something, if some event, collateral to such contract, does or does not happen

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Answer & Solution

Answer: Option A

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58

A' is of unsound mind, at one time he becomes sound and enters into a contract with 'B'. Contract is:

A) Valid B) Void C) Voidable D) Non est

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Answer & Solution

Answer: Option A

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59

X' and 'Y' agree to marry each other on a certain date and before marriage 'X' goes mad. 'Y' cancels the agreement and sues for damages. Decide whether

A) No cause of action arises till the date of marriage B) On account of 'X's going mad, the contract is frustrated and thus void. Y has no right to sue for damages C) The contract itself is void D) Y is guilty of breach of contract

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Answer & Solution

Answer: Option B

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60

A partnership firm consists of three partners 'A', 'B' & 'C', and owes 'R' sum of Rs. 15,000. 'A' wants to retire and it is agreed amongst all the three partners and 'R' that after retirement of 'A', 'B' & 'C' as continuing partners shall be liable for the dues of 'R'. After the retirement of 'A', 'R' sues 'A' for recovery of Rs. 15,000.

A) R' has an option to sue the firm consisting of 'B' & 'C' or the retired partner 'A' B) R' has a right to sue 'A' to the extent of Rs. 5000 being the portion attributable to 'A' C) R' has no right to sue 'A' as after the retirement of 'A' a new agreement came into being between 'R' & the firm and 'A' stood discharged of his liability towards 'R' D) 'R' can sue the firm consisting of 'B' & 'C' alongwith 'A' as liability of all the partners is joint & several

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Answer & Solution

Answer: Option C

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Indian Contract Act MCQ question and answer | Law MCQ question