Indian Contract Act MCQ question and answer

71

Which one of the following is not provided in Section 4 of the Contract Act, 1872?

A) Communication of a proposal B) Communication of acceptance C) Communication of revocation D) Revocation of proposals and acceptance

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Answer & Solution

Answer: Option D

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72

Section 62 of Contract Act relates to the

A) Agency B) Novation C) Breach D) Compensation

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Answer & Solution

Answer: Option B

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73

In the formation of a Contract which is not among the three essentials:-

A) Damages B) Consideration C) Offer D) Acceptance

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Answer & Solution

Answer: Option A

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74

When the parties to a contract agree to substitute the existing contract with a new contract, it is known as

A) Substitution B) Novation C) Frustration D) Breach

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Answer & Solution

Answer: Option B

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75

A contract is not void if it is made

A) In restraint of the marriage of a person, not being minor. B) In restraint of any trade if the goodwill of trade is not sold C) By way of wager D) To pay a time barred debt

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Answer & Solution

Answer: Option D

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76

Which of the following was never held or observed by the Privy Council in Mohori Bibee v. Dharamodas Ghose

A) An agreement made by a minor is void B) The minor's agreement being void, he could not be asked to repay C) Section 64 and 65 of the Indian Contract Act, 1872 allow compensation to be made by a person who gets undue benefit in a case, but those Sections do not cover the case where the agreement is void ab initio as in the case of a minor D) Since the loan had been given to the minor with the full knowledge about his infancy, the money lender can still be asked to be compensated under the Specific Relief Act, 1963

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Answer & Solution

Answer: Option D

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77

Match List I with List II and select the correct answer by using the given below:

List I	List II
a. A Railway Time Table	1. Is invitation to offer
b. Public Notification for Tender	2. Is a general offer
c. Picking up an article from shelves and putting it in his basket in a 'Self-service Mall'	3. Is acceptance of an offer
d. 'A' says to 'B' that if 'A's' offer is not accepted, 'B' should say 'No' immediately. 'B' keeps silent.	4. It is not the acceptance of the offer

A) a-2, b-1, c-4, d-3 B) a-1, b-2, c-3, d-4 C) a-4, b-2, c-1, d-3 D) a-3, b-4, c-2, d-1

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Answer & Solution

Answer: Option A

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78

Contract of Insurance is contract of:

A) Guarantee B) Indemnity C) Bailment D) Quasi-contract

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Answer & Solution

Answer: Option B

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79

If the bailee, without the consent of the bailor, mixes the goods of the bailor with his own goods in such a manner that it is impossible to separate the goods and deliver them back, the bailor is entitled to be

A) Compensated by the bailee for the loss of goods B) Compensated by the bailee for ¹/₂ of the loss of goods C) Compensated by the bailee for ¹/₄ of the loss of goods D) Civil imprisonment of maximum six months

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Answer & Solution

Answer: Option D

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80

A wagering contract is void under

A) Section 28 B) Section 29 C) Section 30 D) Section 31

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Answer & Solution

Answer: Option C

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Indian Contract Act MCQ question and answer | Law MCQ question