Indian Contract Act MCQ question and answer

81

If a future event on which a contract is contingent is the way in which a person will act at an unspecified time, the event shall be considered to become impossible:

A) When such person does anything renders it impossible that he shouldso act within any definite time B) Otherwise than under further contingencies C) Both A and B above D) None of the above

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Answer & Solution

Answer: Option C

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82

Which of the following does not amount to breach of contract?

A) Non performance of obligations B) Performance in a manner not in accordance with the contract C) Performance at a time not in accordance with the contract D) None of the above

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Answer & Solution

Answer: Option D

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83

Period of limitation for a suit against pawnee to recover the thing pledged is

A) 1 year from the date of pawn B) 3 years from the date of pawn C) 12 years from the date of pawn D) 30 years from the date of pawn.

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Answer & Solution

Answer: Option C

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84

A particular lien under section 170 of the Act can be exercised

A) Has right to retain the goods until the receipt of remuneration for services incurred by him B) For charges on account of labour or skill employed or expenses incurred C) For general balance of accounts and the charges on account of labour & skill employed & expenses incurred D) Either B or C

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Answer & Solution

Answer: Option A

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85

Hadley Vs. Baxindale is a case on

A) Frustration of contract B) Damages for breach of contract C) Discharge of contract D) Contract is restraint of trade

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Answer & Solution

Answer: Option B

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86

In which one of the following cases, a contract becomes void on the ground of subsequent impossibility?

A) A agreed to supply certain quantity of Basmati rice to B in the month of December 2009. However, due to deficient monsoon rains in 2009, the prices of Basmati rice skyrocketed making it difficult for A to supply rice at the agreed price except at heavy losses B) A agreed to supply B certain quantity of fabric at specified rate manufactured by AB Mills. However, due to indefinite workers' strike in the mill, A failed to supply the fabric to B C) A contracts to act at a theatre for six months in consideration of a sum paid in advance by B. On several occasions A is too ill to act D) A agreed to supply ten tons of sugar to B at a rate of Rs. 20 per kg. However, due to non-availability of adequate stock of sugar in the local market, A failed to supply sugar

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Answer & Solution

Answer: Option C

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87

Match List I containing specific provisions of the Indian Contract Act, 1872 with List II containing corresponding subject matter and select the correct answers using the given below:

List I	List II
a. Section 2(a)	1. Voidable Contract
b. Section 2(d)	2. Proposal
c. Section 2(i)	3. Agreement
d. Section 2(f)	4. Reciprocal Promises
e. Section 2(e)	5. Consideration

A) a-5, b-2, c-4, d-1, e-3 B) a-2, b-5, c-1, d-4, e-3 C) a-2, b-5, c-3, d-4, e-1 D) a-1, b-3, c-2, d-4, e-5

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Answer & Solution

Answer: Option B

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88

Indian Contract Act:- A contract of Insurance, the performance of which depends upon a future event falls under the category of?

A) Contingent contract B) Contract of indemnity C) Contract of guarantee D) Quasi-contract

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Answer & Solution

Answer: Option A

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89

A contract signed between two countries without specifying as to which country's law shall govern in cases of dispute

A) It shall be governed by the law of the country where the proposal was made B) It shall be governed by the law of the country where the contract was concluded C) It shall be governed by the law of the country which the parties intended to apply, ie., where the contract is localised D) It shall be governed by the law where the contract is performed

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Answer & Solution

Answer: Option C

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90

A contract of guarantee involves:

A) Creditor B) Surety C) Principal debtor D) All of them

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Answer & Solution

Answer: Option D

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Indian Contract Act MCQ question and answer | Law MCQ question