Indian Contract Act MCQ question and answer

81

The rule enunciated by Section 65 of Indian Contract Act, 1872 is applicable to agreements which are discovered void by

A) Mistake B) Failure of consideration C) Impossibility D) All the above

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Answer & Solution

Answer: Option D

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82

Who can appoint an agent

A) A minor of sound mind B) A major of sound mind C) A person of unsound mind D) Both A and B

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Answer & Solution

Answer: Option B

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83

Change of the nature of the obligation in a contract is known as:

A) Rescission B) Novation C) Renovation D) Alteration

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Answer & Solution

Answer: Option B

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84

Wagering Agreement are

A) Valid B) Void C) Voidable D) Both A and C

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Answer & Solution

Answer: Option B

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85

"A" enters into a contract with 'B' to buy his colour T.V., provided be obtains bank loan. This contract is called:

A) A valid contract B) Contingent contract C) Voidable contract D) None of these

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Answer & Solution

Answer: Option B

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86

A contract which is valid initially however, ceases to be enforceable subsequently, the contract-

A) Remains valid B) Becomes voidable when it ceases to be enforceable C) Becomes void when it ceases to be enforceable D) Becomes void since inception

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Answer & Solution

Answer: Option C

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87

Which contract is specifically enforceable?

A) Contract by 'B' to deliver a lecture of law at Jabalpur University B) Contract of Marriage C) Contract by 'B' with 'A' to supply goods as of when 'A' requires D) None of these

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Answer & Solution

Answer: Option D

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88

A gratuitous bailment is terminated:-

A) On the death of the bailor B) On the death of the bailee C) On the death either of bailor or bailee D) On the death of bailor and bailee both

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Answer & Solution

Answer: Option C

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89

Assertion (A): An agreement the object of which is opposed to the law, is void.
Reason (R): A valid contract requires that parties must contract for a lawful object.
Select the correct answer from the given below:

A) Both (A) and (R) are true and (R) is the correct explanation of (A) B) Both (A) and (R) are true and (R) is not the correct explanation of (A) C) (A) is true, but (R) is false D) (A) is false, but (R) is true

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Answer & Solution

Answer: Option A

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90

The principle of agency of necessity is

A) Applicable in emergent situations where communication with the principal is not possible B) Applicable in normal situations if the communication with the principal is possible C) Unknown to the law of agency D) None of the above

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Answer & Solution

Answer: Option A

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Indian Contract Act MCQ question and answer | Law MCQ question