Indian Contract Act MCQ question and answer

1

Consensus ad idem under a contract means:

A) Common intention B) Meeting of minds C) Theme of contract D) None of the above

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Answer & Solution

Answer: Option B

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2

If a person who is incapable of entering into a contract is supplied with necessaries by another person, then the latter shall:

A) Be reimbursed for such supplies by a relative of the incapable person and that relative must be capable of contracting B) Be reimbursed for such supplies from the property of such incapable person C) Not entitled to be reimbursed at all D) None of the above

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Answer & Solution

Answer: Option B

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3

Under a contract of guarantee

A) If principal debtor is not liable, guarantor is not liable B) If principal debtor is not liable, guarantor is liable C) If principal debtor is liable, guarantor is liable D) All the above

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Answer & Solution

Answer: Option C

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4

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

List I (Cases)	List II (Principles)
a. Satyabratha Ghosh v. Mugneeram	1. Anticipatory breach of contract
b. West Bengal Financial Corp. v. Gluco Series	2. Frustration of contract
c. Union of India v. Steel Authority of India	3. Novation
d. Salima Jabeen v. National Insurance Co.	4. Unjust benefit under mistake

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

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Answer & Solution

Answer: Option A

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5

Choose the most appropriate answer to complete the statement- When consent to an agreement is caused by fraud, then in accordance with the Indian Contract Act, 1872

A) The agreement is void ab initio B) the agreement is a contract voidable from inception C) The agreement is a contract voidable by subsequent events D) The agreement is a contract and is valid

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Answer & Solution

Answer: Option B

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6

Consider the following statements:
1. A claim for damages arising out of breach of contract is not debt.
2. A person who enters into a contract with Government does not necessarily thereby undertake any public duty.
Which of the statements given above is/are correct?

A) 1 only B) 2 only C) Both 1 and 2 D) Neither 1 nor 2

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Answer & Solution

Answer: Option B

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7

Which of the following is a leading case on the point of communication of offer-

A) Carlill v. Carbolic Smoke Ball Co. B) Belfour v. Belfour C) Taylor v. Partington D) Lalman Shukla v. Gauri Dutt

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Answer & Solution

Answer: Option D

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8

Unless it is specifically provided in a contract of sale, which of the following will not be regarded as essence of the contract of sale?

A) Stipulation as to the time of performance B) Stipulation as to the method of the performance C) Stipulation as to the time of payment D) Stipulation as to the time of delivery of goods

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Answer & Solution

Answer: Option C

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9

The communication of an acceptance is complete as against the proposer

A) When it is posted to him B) When it comes to the knowledge of the proposer C) When the letter containing acceptance is received by the proposer. D) When it is put in the course of transmission, so as to be out of the acceptor's power

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Answer & Solution

Answer: Option D

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10

Surety is entitled to be indemnified by the principal debtor

A) In respect of a sum rightfully paid B) In respect of a sum wrongfully paid C) In respect of a sum paid rightfully or wrongfully D) All 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