Indian Contract Act MCQ question and answer

51

A master asks his servant to sell his bike to him at a price less than the market price. This contract can be avoided by the servant on the ground of:

A) Coercion B) Fraud C) Mistake D) Undue influence

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Answer & Solution

Answer: Option D

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52

X, a trader, leaves goods at Y's house by mistake. If Y uses the goods, then which one of the following is correct when X demands the price of goods and Y refuses to pay?

A) Y is not bound to pay as he becomes the owner of the goods left at his home B) Y is bound to pay as X did not intend to supply goods gratuitously and Y enjoyed the benefits of X's act C) Y is not bound to pay as he did not ask for the goods D) X must suffer for his mistake and he cannot recover the price of goods from Y

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Answer & Solution

Answer: Option B

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53

A contingent agreement based on an impossible event under section 36

A) Is void B) Is void till the impossibility is known C) Becomes void on the knowledge of impossibility D) All the above

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Answer & Solution

Answer: Option A

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54

Under the Indian Contract Act consideration

A) May proceed from the promisee B) May proceed from any other person C) Both A and B D) Neither A nor B

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Answer & Solution

Answer: Option C

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55

Which of the following is not correctly matched?

A) Coercion - Chikkam Amiraju v. Chikkam Seshamma B) Liquidated damages - Dunlop Pneumatic Tyre Co. v. New Garage & Motor Co. C) Impossibility of performance - Alapi Parshad & Sons v. Union of India D) Public Policy - Hadley v. Baxendale

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Answer & Solution

Answer: Option D

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56

In which case it has been laid down that a promise to pay subscription is binding on the promisor if promisee has undertaken some liability on the faith of the promisee:

A) Lalman Shukla v. Gauri Dutt B) Kedar Nath v. Gorie Mohd. C) Bhagwandas v. Girdhari Lal D) Banwari Lal v. Sukhdarshan Dayal

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Answer & Solution

Answer: Option B

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57

X' hires a carriage of 'Y'. The carriage is unsafe, though 'Y' is not aware of it and 'X' is injured. For the injury to 'X', 'Y' is-

A) Liable B) Not liable C) Liable to the extent of 50% D) None of these

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Answer & Solution

Answer: Option A

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58

In law of contract Bailor in pledge is called

A) Pawnor B) Pawnee C) Agent D) Bailee

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Answer & Solution

Answer: Option A

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59

Which of the following is correct? A valid consideration

A) Must be adequate B) May not be adequate C) May be illusory D) Must lead to satisfaction

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Answer & Solution

Answer: Option B

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60

In which of the following cases a proposal can be revoked when it is made by post?

A) Before the promisee posts his letter of acceptance B) Till the letter of acceptance reaches the promisor C) Till the promise receives the acknowledgement that he letter of acceptance has been delivered to the promisor D) Proposal once made cannot be revoked

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Answer & Solution

Answer: Option A

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Indian Contract Act MCQ question and answer | Law MCQ question