Indian Contract Act MCQ question and answer

1

In determining the question of . . . . . . . . . inadequacy of consideration is relevant.

A) Undue influence B) Fraud C) Misrepresentation D) Free consent

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Answer & Solution

Answer: Option D

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2

"A" promises to obtain for "B" an employment in the public service and "B" promises to pay Rs. 1000 to "A". The agreement is

A) Legal B) Can be enforced at the option of the parties C) Void D) None of the above

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Answer & Solution

Answer: Option C

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3

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

List-I	List-II
a. Supervening impossibility	1. Uberrima fides contract
b. Consideration	2. Frustration
c. Good faith	3. Privity of contract
d. Dunlp Tyre Co. v. Selfridge and Co.	4. Quid pro quo

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

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Answer & Solution

Answer: Option C

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4

The parties to the contract alone can enforce the contract, identify the relevant doctrine to it.

A) Doctrine of lis pendens B) Doctrine of restitution C) Doctrine of privity of contract D) Doctrine of frustration

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Answer & Solution

Answer: Option C

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5

Which of the following statement is correct?
The communication of an acceptance is complete, as against the acceptor-

A) When it comes to the knowledge of the acceptor B) When it comes to the knowledge of the proposer C) When it comes to the knowledge of acceptor and proposer both D) When it comes to the knowledge of the third party

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Answer & Solution

Answer: Option B

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6

"No one is allowed to enrich himself at the expense of another." This principle is known as

A) Quantum meruit B) Quasi-contract C) Quantum valeat D) Nudum pactum

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Answer & Solution

Answer: Option B

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7

Consent under Section 13 of the Indian Contract Act means

A) Agreeing on the same thing in the same sense B) Agreeing on the same thing at the same time C) Agreeing on the same thing at different times D) Agreeing on different things at different times

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Answer & Solution

Answer: Option A

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8

Which one of the following agreements is induced by undue influence?

A) A applies to a banker for loan at a time when there is stringency in the money market. The banker declines to make the loan except at an unusually high rate of interest. A accepts the loan on these terms B) A, enfeebled by disease or age, is induced by B's influence over him as his medical attendant, to agree to pay B an unreasonable sum for his professional services C) A, at the age of sixty-five years, executes a deed of gift in favour of his only grandson gifting him all his properties to the exclusion of his wife, sons and daughters D) B, a rich man, donates all his properties to a charitable trust leaving nothing for himself and his family members

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Answer & Solution

Answer: Option B

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9

A sees that the child of B is drowning in the water. A saves the child from drowning in the water. B promises to give him Rs. 25,000. In this context, which one of the following propositions is correct?

A) B is liable because the agreement is not nudum pactum B) B's liability arises in quasi-contract C) B is not liable as there is no contract D) B's liability is statutory

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Answer & Solution

Answer: Option A

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10

A contract of life-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) Special Contract

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Answer & Solution

Answer: Option A

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Indian Contract Act MCQ question and answer | Law MCQ question