Indian Contract Act MCQ question and answer | Law MCQ question Page-8 section-12

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71.
Damages allowed under Section 73 of the Indian Contract Act, are

A. Liquidated damages

B. Compensatory damages

C. Penal damages

D. None of the above

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72.
A promisee can

A. Dispense with the performance in whole only

B. Dispense with the performance in part only

C. Dispense with the performance wholly or in part

D. All the above

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73.
A' sells a field to 'B'. There is a right of way over the field of which A has direct personal knowledge but which he conceals from B:

A. 'B' has the right to rescind the contract

B. 'B' cannot rescind the contract

C. A' has the right to rescind the contract

D. 'A' is not legally liable

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74.
A and B agree to fence with each other for amusement. This agreement implies the consent of each to suffer any harm which in the course of fencing, may be caused without foul play and if A, while playing fairly, hurts B. A commits no offence. The provision are given under:

A. Section 87

B. Section 85

C. Section 86

D. Section 88

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75.
Which of the following is not a ground of frustration?

A. Commercial hardship

B. Death of the party

C. Outbreak of war

D. Destruction of subject-matter

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76.
Which of the following statement is incorrect?

A. The authority of an agent may be implied

B. Consideration is necessary to create an agency

C. Only a person of majority can become an agent

D. In emergency, an agent has authority to do all acts for the purpose of protecting his principal

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77.
An agreement by way of wager under Section 30 is

A. Void

B. Voidable

C. Valid

D. Unenforceable

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78.
Which of the following rights is/are not available to the agent

A. Right to retain

B. Right to compensation

C. Right to sell

D. All the above

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79.
X, a rich person residing at Kochi, sends Rs. 50,000 to his agent at Chennai with a direction that the jnoney be given equal to two poor students A and B who are studying in the Engineering College over there. Instead of doing so, the agent gives the money equally to two other very poor deserving students. The agent has committed

A. Criminal breach of trust

B. No offence

C. Cheating

D. Criminal misappropriation

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80.
Who is competent to contract?

A. Person of unsound mind

B. Person who has not attained majority

C. Person who has been disqualified from contracting by the Court

D. Person who has been debarred from contesting any elections

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Indian Contract Act MCQ question and answer | Law MCQ question

71. Damages allowed under Section 73 of the Indian Contract Act, are

Answer & Solution

72. A promisee can

Answer & Solution

73. A' sells a field to 'B'. There is a right of way over the field of which A has direct personal knowledge but which he conceals from B:

Answer & Solution

74. A and B agree to fence with each other for amusement. This agreement implies the consent of each to suffer any harm which in the course of fencing, may be caused without foul play and if A, while playing fairly, hurts B. A commits no offence. The provision are given under:

Answer & Solution

75. Which of the following is not a ground of frustration?

Answer & Solution

76. Which of the following statement is incorrect?

Answer & Solution

77. An agreement by way of wager under Section 30 is

Answer & Solution

78. Which of the following rights is/are not available to the agent

Answer & Solution

Answer & Solution

80. Who is competent to contract?

Answer & Solution

Read More Section(Indian Contract Act)

71.
Damages allowed under Section 73 of the Indian Contract Act, are

72.
A promisee can

73.
A' sells a field to 'B'. There is a right of way over the field of which A has direct personal knowledge but which he conceals from B:

74.
A and B agree to fence with each other for amusement. This agreement implies the consent of each to suffer any harm which in the course of fencing, may be caused without foul play and if A, while playing fairly, hurts B. A commits no offence. The provision are given under:

75.
Which of the following is not a ground of frustration?

76.
Which of the following statement is incorrect?

77.
An agreement by way of wager under Section 30 is

78.
Which of the following rights is/are not available to the agent

80.
Who is competent to contract?