Indian Contract Act MCQ question and answer | Law MCQ question Page-12 section-1

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111.
Indian Contract Act:- Inadequacy of consideration is relevant in determining the question of-

A. Fraud

B. Misrepresentation

C. Undue influence

D. Free consent

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112.
Earnest money is the sum of money deposited for the performance of the contract, so which is not correct

A. It is not a part of purchase price

B. It is given at the time of conclusion of the contract

C. It can be given at any time

D. It is a guarantee of due performance of the contract

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113.
The two main competing definitions of contract in the common law are:

A. "Contract is a promise or set of promises which the law will enforce" and "Contract is an agreement giving rise to obligations which are enforced or recognized by law"

B. "Contract is a civil obligation" and "Contract is a transaction supported by legal intention"

C. "Contract is a negotiation enforceable by law" and "Contract is a bundle of voluntary rights"

D. None of the above

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114.
A is a tenant of B. A is interested in payment of property tax which B is bound by law to pay. A pays the tax on behalf of owner B because B was not willing to pay it. A is:

A. Entitled to be reimbursed by B

B. Not entitled to be reimbursed by B

C. Entitled to demand an equal contribution from B

D. Entitled to sell B's property

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115.
A' contracts to sing for 'B' at a concert for Rs. 1,000 which are paid in advance. 'A' is too ill to sing. Then:

A. A' must refund to 'B' Rs. 1,000 paid in advance

B. A' must not refund to 'B' Rs. 1,000 paid in advance

C. 'B' can receive compensation from 'A'

D. None of the above

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116.
X hands over her expensive saree for cleaning to a dry cleaner who loses the same. X claims the total value of the saree. The dry cleaner refers to a clause printed in the contract receipt which states that the dry cleaner can be held liable for Rs. 50 or 10% of the original value of the cloth only, whichever is less. Which one of the following propositions holds good to explain the correct position of law on the point?

A. The Court generally does not entertain such frivolous cases

B. The Court will rely upon the clause in contract receipt and award only 10% of the cost of the saree (or Rs. 50 if it is less)

C. The Court will award reasonable damages, ignoring the clause as unreasonable

D. None of the above

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117.
Doctrine of unjust enrichment' was laid down by the Supreme Court in which one of the following cases?

A. Sarla Mudgal v. Union of India

B. Mafatlal Indsutries Ltd. v. Union of India

C. S. R. Bommai v. Union of India

D. Unni Krishnan v. State of Andhra Pradesh

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118.
Consider the following statements:
1. When consent to an agreement is caused by undue influence, the agreement is a contract voidable at the option of the party whose consent was so caused.
2. Where both the parties to an agreement are under a mistake as to a matter of fact essential to the agreement, the agreement is void.
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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119.
Whether consideration under a contract, for the contract to be valid, can only be exchanged between the parties to the contract, and not by or between third persons who are not parties to the contract?

A. Consideration can be paid even by third party to a contract

B. Consideration to a contract cannot be paid by third party to a contract, except when payment is by a negotiable instrument

C. Consideration can be exchanged even between third parties to a contract but only when third parties are legal heirs of the original parties to the contract

D. Consideration can be exchanged between persons who are not parties to the contract if at least some part of the consideration is received between the parties to the contract

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120.
Which one of the following facts constitutes a Contingent Contract?

A. A contracts to pay B Rs. 10,000 if B's house is burnt

B. Where a salt lake was offered by way of lease on deposit of a sum of money within a specified period

C. Acceptance of a tender for up to 1000 tons of coal to be supplied as and when any order is placed during the financial year

D. When a bank offers a locker to its customer subject to the condition that the customer makes a fixed deposit of rupees one lac with the bank before the end of the month

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Indian Contract Act MCQ question and answer | Law MCQ question

111. Indian Contract Act:- Inadequacy of consideration is relevant in determining the question of-

Answer & Solution

112. Earnest money is the sum of money deposited for the performance of the contract, so which is not correct

Answer & Solution

113. The two main competing definitions of contract in the common law are:

Answer & Solution

114. A is a tenant of B. A is interested in payment of property tax which B is bound by law to pay. A pays the tax on behalf of owner B because B was not willing to pay it. A is:

Answer & Solution

115. A' contracts to sing for 'B' at a concert for Rs. 1,000 which are paid in advance. 'A' is too ill to sing. Then:

Answer & Solution

Answer & Solution

117. Doctrine of unjust enrichment' was laid down by the Supreme Court in which one of the following cases?

Answer & Solution

Answer & Solution

119. Whether consideration under a contract, for the contract to be valid, can only be exchanged between the parties to the contract, and not by or between third persons who are not parties to the contract?

Answer & Solution

120. Which one of the following facts constitutes a Contingent Contract?

Answer & Solution

Read More Section(Indian Contract Act)

111.
Indian Contract Act:- Inadequacy of consideration is relevant in determining the question of-

112.
Earnest money is the sum of money deposited for the performance of the contract, so which is not correct

113.
The two main competing definitions of contract in the common law are:

114.
A is a tenant of B. A is interested in payment of property tax which B is bound by law to pay. A pays the tax on behalf of owner B because B was not willing to pay it. A is:

115.
A' contracts to sing for 'B' at a concert for Rs. 1,000 which are paid in advance. 'A' is too ill to sing. Then:

117.
Doctrine of unjust enrichment' was laid down by the Supreme Court in which one of the following cases?

119.
Whether consideration under a contract, for the contract to be valid, can only be exchanged between the parties to the contract, and not by or between third persons who are not parties to the contract?

120.
Which one of the following facts constitutes a Contingent Contract?