Indian Contract Act MCQ question and answer

Home

Competitive Exams

Aptitude English Verbal Reasoning Non Verbal Reasoning General Knowledge(GK) General Science(GS) Data Interpretation(DI) Banking Awareness Current Affairs

Computer & Programming

Computer Fundamentals Networking SQL Database C Programming C++ Programming Java Python

Other Subjects

Commerce Management Law Political Science Psychology Agriculture

Exam Categories

SSC Exams Railway Exams All Exams

Popular Exams

SSC CGL SSC CHSL SSC MTS Railway Group D RRB ALP RRB Technician RRB Section Controller

Engineering Subjects

Computer Science Electronics & Communication Mechanical Engineering Civil Engineering Electrical Engineering

More Engineering

Chemical Engineering Automobile Engineering Biotechnology Mining Engineering Geological Engineering

Engineering Core

Engineering Mathematics Engineering Physics Engineering Chemistry Metallurgical Engineering

Computer Fundamentals

Computer Fundamentals Networking Database SQL MySQL

Programming

C Programming C++ Programming Java Python PHP JavaScript

Advanced

Artificial Intelligence Machine Learning Data Science Cloud Computing Hadoop IoT

Graduation & PG

Commerce Management Law Mass Communication Political Science Psychology

Resources

Current Affairs Interview Blog

Each section contains 100 MCQs on Indian Contract Act .

Who may employ an agent?

A) Any major person B) Any person who is of sound mind C) Any major and person of sound mind D) A citizen of India

Discuss

Answer & Solution

Answer: Option C

No explanation is given for this question. Let's Discuss on Board

Tender is

A) An offer B) An invitation to offer C) A counter offer D) A promise

Discuss

Answer & Solution

Answer: Option B

No explanation is given for this question. Let's Discuss on Board

Agency stands terminated

A) By the death, insolvency or insanity of the principal B) By the death, insolvency or insanity of the agent C) By the death, insolvency or insanity of either the principal or the agent D) By the death, insolvency or insanity of the principal and the agent both

Discuss

Answer & Solution

Answer: Option C

No explanation is given for this question. Let's Discuss on Board

When goods are delivered by one person to another for some purpose upon a contract that they shall, when the purpose is accomplished, be returned or otherwise disposed off according to the direction of the person delivering them, the transaction is called a

A) Custody B) Pawn C) Mortgage D) Bailment

Discuss

Answer & Solution

Answer: Option D

No explanation is given for this question. Let's Discuss on Board

A gives a recognizance binding him in a penalty of Rs. 500 to appear in Court on a certain day. He forfeits his recognizance. He is liable:

A) To pay the whole penalty B) To pay half penalty C) It depends on the discretion of the judge D) For no penalty

Discuss

Answer & Solution

Answer: Option A

No explanation is given for this question. Let's Discuss on Board

The inadequacy of consideration will be taken into account by a court of law:

A) When the promisor expresses his desire to get maximum return for his promise B) When the promisor performs his promise C) When fraud, coercion or undue influence in the formation of the contract is pleaded D) Always at the discretion of the court

Discuss

Answer & Solution

Answer: Option C

No explanation is given for this question. Let's Discuss on Board

Communication of acceptance is complete as against the acceptor only:

A) When it is put in the course of transmission B) When it comes to the knowledge of the proposer C) When it is communicated to the acceptor that the acceptance has reached the proposer D) All of the above

Discuss

Answer & Solution

Answer: Option B

No explanation is given for this question. Let's Discuss on Board

The effect of ratification under the law of agency is:-

A) Prospective B) Retrospective C) Prospective or retrospective depending on the facts and circumstances of the case D) Prospective or retrospective depending on the agreement between the parties

Discuss

Answer & Solution

Answer: Option B

No explanation is given for this question. Let's Discuss on Board

Tender of performance of contract' has been provided under which of the following Sections of the Indian Contract Act, 1872?

A) Section 36 B) Section 37 C) Section 39 D) Section 38

Discuss

Answer & Solution

Answer: Option B

No explanation is given for this question. Let's Discuss on Board

Hadley v. Baxendale is a leading English contract law case that sets the basic rule to determine consequential damages from a breach of contract. The statement is:

A) False B) True C) Partially true D) It does not relate to breach of contract

Discuss

Answer & Solution

Answer: Option B

No explanation is given for this question. Let's Discuss on Board

1 2 3 4 5 6 7 8 9 10

Indian Contract Act MCQ question and answer | Law MCQ question