Indian Contract Act MCQ question and answer | Law MCQ question Page-10 section-10

Section 1 Section 2 Section 3 Section 4 Section 5 Section 6 Section 7 Section 8 Section 9 Section 10 Section 11 Section 12 Section 13 Section 14 Section 15

91.
Lending money to a borrower at high rate of interest, when money market is tight, renders the agreement of loan

A. Valid

B. Void

C. Voidable

D. Illegal

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92.
Section 73 of the Act is based on which of the judicial pronouncement?

A. Carlill v. Carbolic Smoke Ball Co.

B. Hadley v. Baxendale

C. Taylor v. Portington

D. Simpson v. London and North Western Railway

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93.
Which of the following is correct? A contract

A. May be oral

B. Must be in writing

C. Must be made in the presence of witnesses

D. Must be written on a stamp paper

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94.
A notice in the newspapers inviting tenders is:

A. A proposal

B. A promise

C. An invitation to proposal

D. An invitation for negotiation

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95.
In Seksaria Cotton Mills Ltd. v. State of Bombay, the Supreme Court described the role of

A. Auctioneer

B. Del Credere Agent

C. Factors

D. Broker

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96.
A and B contract to marry each other. Before the time for the marriage, A goes and mad. The contract becomes

A. Void

B. Illegal

C. Valid

D. Voidable

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97.
A promises to deliver his watch to B and, in return, B promises to pay a sum of Rs 2,000. This is a/an

A. Agreement

B. Proposal

C. Acceptance

D. Offer

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98.
Which statement is not true?

A. A proposal is revoked by the communication of notice of revocation by the proposer to the other party

B. A proposal is revoked by the lapse of time prescribed in such proposal for its acceptance

C. A proposal is revoked by the lapse of reasonable time, if no time is prescribed

D. A proposal is revoked by not meeting at the time prescribed

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99.
In which of the following circumstances a surety stands discharged?

A. By release or discharge of the principal debtor

B. By variance in the terms of contract

C. A and B both

D. None of these

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100.
A, a signer, contracts with B, the manager of a theatre for two nights in every week during the next two months, and B engages to pay her a hundred rupees for each night's performance. On the sixth night, A willfully absents herself from the theatre, and B, in consequence rescinds the contract.

A. B must pay A for the three nights on which she had sung

B. B must pay A for the four nights on which she had sung

C. B must pay A for the five nights on which she had sung

D. None of these

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Indian Contract Act MCQ question and answer | Law MCQ question

91. Lending money to a borrower at high rate of interest, when money market is tight, renders the agreement of loan

Answer & Solution

92. Section 73 of the Act is based on which of the judicial pronouncement?

Answer & Solution

93. Which of the following is correct? A contract

Answer & Solution

94. A notice in the newspapers inviting tenders is:

Answer & Solution

95. In Seksaria Cotton Mills Ltd. v. State of Bombay, the Supreme Court described the role of

Answer & Solution

96. A and B contract to marry each other. Before the time for the marriage, A goes and mad. The contract becomes

Answer & Solution

97. A promises to deliver his watch to B and, in return, B promises to pay a sum of Rs 2,000. This is a/an

Answer & Solution

98. Which statement is not true?

Answer & Solution

99. In which of the following circumstances a surety stands discharged?

Answer & Solution

Answer & Solution

Read More Section(Indian Contract Act)

91.
Lending money to a borrower at high rate of interest, when money market is tight, renders the agreement of loan

92.
Section 73 of the Act is based on which of the judicial pronouncement?

93.
Which of the following is correct? A contract

94.
A notice in the newspapers inviting tenders is:

95.
In Seksaria Cotton Mills Ltd. v. State of Bombay, the Supreme Court described the role of

96.
A and B contract to marry each other. Before the time for the marriage, A goes and mad. The contract becomes

97.
A promises to deliver his watch to B and, in return, B promises to pay a sum of Rs 2,000. This is a/an

98.
Which statement is not true?

99.
In which of the following circumstances a surety stands discharged?