Indian Contract Act MCQ question and answer

81

The pawnee has a right to retain the goods pledged:

A) For payment of debt interest & all necessary expenses in respect of goods pledged B) For payment of debt other than the debt in respect of goods pledged C) For payment of interest & necessary expenses in respect of goods other than the one pledged D) All the above

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Answer & Solution

Answer: Option A

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82

"B" accepts the proposal of "A" by posting a letter of acceptance to "A". This acceptance-

A) Cannot be revoked by "B" as he has already accepted the offer and posted the letter B) Can be revoked by "B" before the letter reaches "A" C) Can be revoked by "B" as soon as the letter reaches "A" D) Can be revoked by "B" at any time after the letter reaches "A"

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Answer & Solution

Answer: Option B

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83

When the consent to the contract is caused by coercion, the contract under Section 19 is

A) Valid B) Voidable C) Void D) Illegal

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Answer & Solution

Answer: Option B

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84

An agreement to remain unmarried under Section 26 of the Indian Contract Act is

A) Valid B) Void C) Voidable D) Unenforceable

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Answer & Solution

Answer: Option B

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85

Which of the following is not an essential element of a contract?

A) Agreement B) Lawful consideration C) Advantage to both the parties D) Lawful object

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Answer & Solution

Answer: Option C

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86

Which of the following is not relevant in determining of quantum of damage

A) Motive B) Manner C) Loss suffered D) Both A and B

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Answer & Solution

Answer: Option A

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87

As per section 4 of the Indian Contract Act, 1872, an offer is said to be accepted:

A) When the acceptance comes to the knowledge of offerer B) When the acceptance is put in the course of transmission and is beyond the control of the acceptor C) When the proposer calls up and is told by the acceptor of the acceptance D) None of the above

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Answer & Solution

Answer: Option B

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88

An agreement consideration is

A) Void B) Voidable C) Illegal D) Valid

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Answer & Solution

Answer: Option A

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89

Which one of the following observations is most appropriate of the given problem?
"A agrees to serve B as his house keeper and also to live in adultery with him at a fixed salary of Rs. 400 per Month"

A) The agreement is void as a part of it is lawful and the other part is unlawful B) The agreement is lawful as adultery does not amount to an offer C) The agreement is void as the lawful portion is not severable from unlawful portion D) The first portion of the agreement being lawful is a contract whereas the later portion is void

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Answer & Solution

Answer: Option D

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90

Consider the following statements-
(1) Performance of a legal duty is no consideration for a promise.
(2) Forbearance to sue has always been regarded as valuable consideration.
(3) It is not necessary that consideration should be adequate to the promise.
Which of the above statementls is/are correct?

A) (1) only B) (2) and (3) C) (1), (2) and (3) D) (1) and (2)

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Answer & Solution

Answer: Option C

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Indian Contract Act MCQ question and answer | Law MCQ question