Indian Contract Act MCQ question and answer | Law MCQ question

A. Can disown the act

B. Can ratify the act

C. Either ratify or disown the act

D. Can disown the act but cannot ratify the same

A. 25^th April, 1872

B. 25^th May, 1872

C. 25^th June, 1872

D. None of above

A. There is offer and acceptance only

B. There is intention to create legal obligation

C. There is loss to one party

D. The loss of one party is the gain of the other party

A. Mistake of one of the parties

B. Mistake of law

C. Mistake of a foreign law

D. Mistake of fact by both the parties

A. Liquidated damages

B. Penal damages

C. Special damages

D. General damages

A. Alteration

B. Repudiation

C. Rescission

D. Novation

A. An agreement is void unless it is duly supported by adequate consideration

B. In a valid contract, there can be an oral promise to compensate a person who has already voluntarily done something for the promisor

C. Under Indian Law, consideration need not move at the desire of the promisor

D. Indian Law does not recognize past consideration

A. Either A or B or C to pay him 3,000 rupees

B. Either A or B to pay him 3,000 rupees

C. Either B or C to pay him 3,000 rupees

D. All to pay him 3,000 rupees simultaneously

A. Where the defendant voluntarily resides or carries on business

B. Where the defendant personally works for gain

C. Where the cause of action wholly or in part arises

D. Either of them

A. Is estopped from pleading his minority

B. Cannot be estopped from pleading his minority

C. The contract is void

D. Both B and C