Indian Contract Act MCQ question and answer | Law MCQ question

A. Joint and several with the principal debtor

B. Guarantor is not liable, till the principal debtor is alive

C. Guarantor is liable only if the principal debtor has absconded and left India

D. Guarantor is liable only if the principal debtor is unable to pay

A. The parties stand in near relation to each other

B. One party shall have the position of dominance over the other

C. The party standing in a dominating position actually dominates the will of the other

D. Parties are not necessarily related at all, they can be strangers meeting for the first time

A. Section 56

B. Section 50

C. Section 55

D. Section 58

A. Parties to the contract can sue each other

B. Beneficiary to the contract can sue the parties

C. Parties to the contract can sue the third party

D. Both B and C

A. Section 2(e)

B. Section 2(h)

C. Section 2(i)

D. Section 2(g)

A. There is a concluded contract as the letter of acceptance is put in the course of transmission

B. There is no concluded contract as the acceptance has not come to the knowledge of the proposer

C. There is no concluded contract as the acceptance has not been communicated to the proposer

D. All the above

A. Audible to the offeror

B. Heard by the offeror

C. Understood by the offeror

D. All the above

A. 1 only

B. 2 only

C. Both 1 and 2

D. Neither 1 nor 2

A. 69

B. 70

C. 71

D. 72

A. A contract is a private affair between the parties

B. Consideration can be supplied only by the parties to contract

C. The contract can be enforced only by a civil and private action

D. Only parties to contract can sue and be sued upon the contract