Indian Contract Act MCQ question and answer | Law MCQ question

A. There are two parties and one contract

B. There are two parties and two contracts

C. There are three parties & three contracts

D. There are three parties & one contract

A. It is the same thing as fraud

B. It renders the contract voidable

C. It may be due to innocence

D. Both B and C

A. 1 and 3

B. 3 alone

C. 1 and 2

D. 2 alone

A. Active concealment of a fact

B. A promise made without any intention of performing it

C. Suggestion as to a fact, which is not true, by one who does not believe it to be true

D. A representation made without knowing it to be false, honestly believing it to be true

A. Once the parties have by all outward appearances agreed in the same terms on the same subject-matter, then neither can, generally, rely on some unexpressed qualification or reservation to show that he had not in fact agreed to the terms to which he had appeared to agree.

B. Once the parties have mentally decided to agree in the same terms on the same subject-matter, then neither can generally rely on any unexpressed reservation to show that she had not in fact agreed on the same terms in the same sense.

C. Once the parties have been forced to agree, then not with standing the fact that outwardly they may not have appeared to agree, they can in fact be bound by the terms and subject-matter of the agreement

D. None of the above

A. At any time before the authority has been exercised

B. At any time after the authority has been partly exercised without liability towards the acts done

C. At any time after the authority has been fully exercised

D. All the above

A. General lien

B. Particular lien

C. Wharfinger lien

D. Broker's lien

A. Both (In case of initial impossibility agreement is termed as void) and (In case of subsequent impossibility contract becomes void) are true

B. Both (In case of initial impossibility agreement is termed as void) and (In case of subsequent impossibility contract void) are false

C. In case of initial impossibility agreement is termed as void

D. In case of subsequent impossibility contract becomes void

A. Where the contract is void

B. Where is contract is voidable

C. Both A and B

D. Neither A nor B

A. The suggestion, as a fact, of that which is not true, by a party to contract, who does not believe it to be true is fraud

B. Active concealment of a fact by a party to contract, having knowledge or belief of the fact is misrepresentation (fraud)

C. The positive assertion, in a manner not warranted by the information of the person making it, of that which is not true, though he believes it to be true is misrepresentation

D. A fraud which did not cause the consent to a contract of the party on whom such fraud was practiced, does not render a contract voidable