Indian Contract Act MCQ question and answer | Law MCQ question Page-7 section-11

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61.
Following are some of the exceptions under which third parties, which are strangers to the contract, can bring law suit to enforce their rights arising out of a contract
1. In cases of agency and gifts
2. In case of provisions in marriage settlement of minors
3. Beneficiaries in case of trust
4. In case provision is made for the marriage or maintenance of a female member of the family on the partition of a Hindu Undivided Family

A. 1, 2, 3, 4

B. 2, 3, 4

C. 1, 2, 3

D. 1, 3, 4

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62.
Which one of the following statements is correct?
Doctrine of frustration comes into play

A. When both the parties are frustrated

B. When either of the parties is frustrated

C. When the object has failed

D. When there is commercial hardship

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63.
The law relating to tender of performance is contained in:

A. Section 37 of the Indian Contract Act, 1872

B. Section 38 of the Indian Contract Act, 1872

C. Section 36 of the Indian Contract Act, 1872

D. Section 35 of the Indian Contract Act, 1872

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64.
An agreement to keep the offer open for a certain period of time cannot be cancelled before the expiry of that time period if

A. It is made with lawful objective

B. It has sufficient consideration

C. It is provisionally accepted

D. It has been accepted with a condition subsequent

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65.
A variance to the contract without surety's consent discharges him as to subsequent transactions between principal debtor and the creditor.

A. False

B. True

C. Court has discretion to decide

D. None of the above

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66.
A' fraudulently informs 'B' that 'A's house is free from encumbrance. 'B' thereupon buys the house. The house is subject to mortgage. The contract is:

A. Voidable at the option of 'B'

B. Void

C. Voidable at the option of either 'A' or 'B'

D. Impossible to perform

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67.
A contract without consideration is void. There are exceptions of it. Which one of the following exceptions is correct?

A. Nearness of relationship

B. Natural love and affection

C. Promise to pay time-barred debt

D. To create an agency

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68.
Which one of the following is not essential for a contract?

A. Consideration

B. Valuable consideration

C. Lawful consideration

D. Adequate consideration

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69.
A' contracts to pay 'B' a sum of Rs. 10,000 when 'B' marries 'C'. This is a type of . . . . . . . . under Indian Contract Act, 1872.

A. Contingent contract

B. Vested contract

C. Illegal contract

D. Voidable contract

E. None of these

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70.
In case of breach of contract, the party who suffers by such breach is not entitled to receive, from the party causing such breach, which of the following compensations for any loss or damage caused to him thereby:

A. That arose naturally in the usual course of the things from such breach

B. That the parties knew when they made the contract, to be likely to result from the breach of it

C. That were too remote and indirect

D. All of the above

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Indian Contract Act MCQ question and answer | Law MCQ question

Answer & Solution

62. Which one of the following statements is correct? Doctrine of frustration comes into play

Answer & Solution

63. The law relating to tender of performance is contained in:

Answer & Solution

64. An agreement to keep the offer open for a certain period of time cannot be cancelled before the expiry of that time period if

Answer & Solution

65. A variance to the contract without surety's consent discharges him as to subsequent transactions between principal debtor and the creditor.

Answer & Solution

66. A' fraudulently informs 'B' that 'A's house is free from encumbrance. 'B' thereupon buys the house. The house is subject to mortgage. The contract is:

Answer & Solution

67. A contract without consideration is void. There are exceptions of it. Which one of the following exceptions is correct?

Answer & Solution

68. Which one of the following is not essential for a contract?

Answer & Solution

69. A' contracts to pay 'B' a sum of Rs. 10,000 when 'B' marries 'C'. This is a type of . . . . . . . . under Indian Contract Act, 1872.

Answer & Solution

70. In case of breach of contract, the party who suffers by such breach is not entitled to receive, from the party causing such breach, which of the following compensations for any loss or damage caused to him thereby:

Answer & Solution

Read More Section(Indian Contract Act)

62.
Which one of the following statements is correct?
Doctrine of frustration comes into play

63.
The law relating to tender of performance is contained in:

64.
An agreement to keep the offer open for a certain period of time cannot be cancelled before the expiry of that time period if

65.
A variance to the contract without surety's consent discharges him as to subsequent transactions between principal debtor and the creditor.

66.
A' fraudulently informs 'B' that 'A's house is free from encumbrance. 'B' thereupon buys the house. The house is subject to mortgage. The contract is:

67.
A contract without consideration is void. There are exceptions of it. Which one of the following exceptions is correct?

68.
Which one of the following is not essential for a contract?

69.
A' contracts to pay 'B' a sum of Rs. 10,000 when 'B' marries 'C'. This is a type of . . . . . . . . under Indian Contract Act, 1872.

70.
In case of breach of contract, the party who suffers by such breach is not entitled to receive, from the party causing such breach, which of the following compensations for any loss or damage caused to him thereby: