Indian Contract Act MCQ question and answer

1

As per the Last shot doctrine:

A) Where conflicting communications are exchanged, each is a counter-offer, so that if a contract results at all, it must be on the terms of the final document in the series leading to the conclusion of the contract B) Where conflicting communications are exchanged, each is an offer, so that if there has to be an acceptance of the offer, it will be of the last offer in the series of offers C) Where conflicting communication are exchanged, each is an acceptance, so that if there is an acceptance leading to the formation of the contract, it will be the last acceptance in the series D) None of the above

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Answer & Solution

Answer: Option A

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2

The liability of surety on his death under section 131 in case of continuing guarantee

A) Is terminated absolutely B) Does not stand terminated as regards past transaction C) Stands terminated as regards future transaction D) Both B and C

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Answer & Solution

Answer: Option C

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3

Where the consent of both the parties is given by mistake, the contract is

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

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Answer & Solution

Answer: Option A

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4

Which of the following is not a requirement of undue influence?

A) Relationship between the parties B) Position of dominance on the will of one party by another C) Abuse of such position of dominance D) False statement by one of the parties

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Answer & Solution

Answer: Option D

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5

A proposal is revoked by:

A) Communication of notice of revocation B) Failure of acceptor to fulfil a condition precedent to acceptance C) Insanity of proposer when acceptor comes to know it before acceptance D) All of the above

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Answer & Solution

Answer: Option D

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6

A lets a premises to B at a yearly rent of Rs. 50,000/-. The rent for whole of the years 2014, 2015, 2016 and 2017 is due and unpaid. A sues B in 2018 only for the rent due for 2014 and 2015.

A) A by separate suit afterwards may sue B for the rent due for 2016 and 2017 B) A by separate suit cannot afterwards sue B for the rent due for 2016 and 2017 C) A by having leave from the Court sue B afterwards for the rent due for 2016 and 2017 D) A by consent of B may sue B afterwards for the rent due for 2016 and 2017

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Answer & Solution

Answer: Option B

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7

Under Indian Contract Act, Contract of betting is-

A) Voidable B) Against the law C) Void D) Void and against the law

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Answer & Solution

Answer: Option C

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8

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

List-I	Lis-II (Jural Correlatives)
a. Right	1. Liability
b. Privilege	2. Disability
c. Power	3. Duty
d. Immunity	4. No right

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

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Answer & Solution

Answer: Option B

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9

A and B jointly owe Rs. one lac to C. A alone pays the whole amount to C. B not knowing the fact of payment by A pays Rs. one lac over again to C. Is C bound to repay Rs. one lac to B.

A) No he is not bound to repay B) No he is not as thee is neither express nor implied contract to repay C) C may repay if he wants to D) C is bound to repay

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Answer & Solution

Answer: Option D

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10

Void agreements include

A) Agreements in restraint of marriage B) Agreements in restraint of legal proceedings C) Agreements with minors D) All of the above

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Answer & Solution

Answer: Option D

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Indian Contract Act MCQ question and answer | Law MCQ question