Indian Contract Act MCQ question and answer

61

The doctrine of 'privity of consideration' means:

A) Consideration may move from any other person with prior permission of the state B) Consideration may move from any other person except the promisee C) Consideration may move from the promisee or any other person D) Consideration must move from the promisee alone

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Answer & Solution

Answer: Option C

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62

A, a sixteen year old boy travelling alone in a railway train, gets down at a station and asked a vendor the rate of samosas the vendor offer Rs. 20/- a plate, the boy takes a plate. After eating samosas he refuses to pay on ground that a minor's contract is not binding. Decide the validity of contract.

A) Not binding B) Binding C) Binding only if the guardian of the boy authorised him to buy samosas D) Binding only if the boy has money

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Answer & Solution

Answer: Option B

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63

Under Indian Law of Contract "consensus ad idem" means

A) To agree on the same thing in the same sense B) No agreement can have more than one meaning C) To agree in the same way D) To agree on different things in the same sense

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Answer & Solution

Answer: Option A

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64

A contract creates

A) Rights and obligations of the parties to it B) Obligations of the parties to it C) Mutual understanding between the parties to it D) Mutual lawful rights and obligations of the parties to it

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Answer & Solution

Answer: Option D

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65

Which of the following deals with agent's duty to pay sums received for principal in the Indian Contract Act, 1872?

A) Section 211 B) Section 219 C) Section 218 D) Section 210

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Answer & Solution

Answer: Option C

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66

A contract to perform the promise or discharge the liability of third person in case of his default is known as:

A) Contract of indemnity B) Contract of bailment C) Contract of guarantee D) Contract of agency

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Answer & Solution

Answer: Option C

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67

Section 41 of the Indian Contract Act, 1872 deals with:

A) Effect of accepting performance from third person B) Person by whom promise is to be performed C) Tender to perform a promise D) Effect of refusal of party to perform promise wholly

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Answer & Solution

Answer: Option A

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68

Which of the followingis not a quasi-contract?

A) Obligation of a person enjoying benefit of non-gratuitous act B) Responsibility of finder of goods C) Quantum meriut D) Novation

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Answer & Solution

Answer: Option D

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69

Under Section 19 of the Indian Contract Act, 1872, the consent caused by coercion is:

A) Voidable B) Valid C) Illegal D) None of these

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Answer & Solution

Answer: Option A

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70

A and B agree that A shall pay B 1,000 rupee, for which B shall afterwards deliver to A either rice or smuggled opium.

A) It is a contract B) It is a void agreement C) Either (A) or (B) D) Both (A) and (B)

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Answer & Solution

Answer: Option D

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Indian Contract Act MCQ question and answer | Law MCQ question