Indian Contract Act MCQ question and answer | Law MCQ question Page-6 section-2

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51.
Assertion (A): Minor's contract is void.
Reason (R): Mortgage executed in favour of a minor is enforceable by him.

A. Both (A) and (R) are true and (R) is the correct explanation of (A)

B. Both (A) and (R) are true, but (R) is not the correct explanation of (A)

C. (A) is true but (R) is false

D. (A) is false but (R) is true

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52.
According to Salmond and Winfield, "A promise without consideration is a gift; one made for a consideration is a bargain." However, in the following circumstances a contract without consideration will be perfectly valid
1. An agreement in writing made on account of natural love and affection
2. Contract of Agency
3. Promise to pay a time-barred debt
4. Oral promise made on account of natural love and affection

A. 1, 2, 3, 4

B. 1, 2, 4

C. 1 and 2

D. 1, 2, 3

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53.
The case related to minors agreement is void ab initio is

A. Carlill v. Carbolic Smoke Ball Co.

B. Mohoribibi v. Dharmadas Ghose

C. Nash v. Inman

D. None of these

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54.
A clause in the tender authorising the party inviting tenders to terminate the contract at any time for future supplies

A. Destroys the very basis of the contract & the clause is void

B. Does not destroy the basis of the contract & the clause is valid

C. Makes the entire contract void

D. Makes the contract voidable

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55.
The provision which provides for Compensation for loss or damage caused by breach of contract is provided in . . . . . . . .

A. Section 51 of Contract Act

B. Section 63 of Contract Act

C. Section 73 of contract Act

D. Section 125 of Contract Act

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56.
Under Section 73 of the Indian Contract Act

A. Special damages cannot be claimed

B. Special damages can be claimed if the party breaking the contract is made known of the special circumstances at any time

C. Special damages can be claimed if the party breaking the contract is made known of the special circumstances at the time of contract

D. None of the above

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57.
Which of the following agreements is not void?

A. A' agrees to sell two hundred tons of oil to 'B'

B. An agreement in restraint of legal proceedings

C. An agreement if restraint of marriage of any person

D. A finds B's purse and gives it to him. B promises to give 'A' Rs. 100

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58.
Which of the following acts cannot be ratified

A. Lawful or unlawful acts capable of being done by the agent

B. Where knowledge of facts to the ratifying person is defective

C. Act which ane unauthorised at the time of its being done

D. All the above

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59.
A promisor agrees to sell his loved cow only because of financial difficulty. Whether it is a free consent under The Contract Act?

A. No

B. Yes

C. Court has discretion to decide

D. None of the above

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60.
An employer asks his employee/servant to sell his servant's goods at a price for less than the market price/fair price. Servant can avoid the contract on the ground

A. Undue influence

B. Coercion

C. Mistake

D. Fraud

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Indian Contract Act MCQ question and answer | Law MCQ question

51. Assertion (A): Minor's contract is void. Reason (R): Mortgage executed in favour of a minor is enforceable by him.

Answer & Solution

Answer & Solution

53. The case related to minors agreement is void ab initio is

Answer & Solution

54. A clause in the tender authorising the party inviting tenders to terminate the contract at any time for future supplies

Answer & Solution

55. The provision which provides for Compensation for loss or damage caused by breach of contract is provided in . . . . . . . .

Answer & Solution

56. Under Section 73 of the Indian Contract Act

Answer & Solution

57. Which of the following agreements is not void?

Answer & Solution

58. Which of the following acts cannot be ratified

Answer & Solution

59. A promisor agrees to sell his loved cow only because of financial difficulty. Whether it is a free consent under The Contract Act?

Answer & Solution

60. An employer asks his employee/servant to sell his servant's goods at a price for less than the market price/fair price. Servant can avoid the contract on the ground

Answer & Solution

Read More Section(Indian Contract Act)

51.
Assertion (A): Minor's contract is void.
Reason (R): Mortgage executed in favour of a minor is enforceable by him.

53.
The case related to minors agreement is void ab initio is

54.
A clause in the tender authorising the party inviting tenders to terminate the contract at any time for future supplies

55.
The provision which provides for Compensation for loss or damage caused by breach of contract is provided in . . . . . . . .

56.
Under Section 73 of the Indian Contract Act

57.
Which of the following agreements is not void?

58.
Which of the following acts cannot be ratified

59.
A promisor agrees to sell his loved cow only because of financial difficulty. Whether it is a free consent under The Contract Act?

60.
An employer asks his employee/servant to sell his servant's goods at a price for less than the market price/fair price. Servant can avoid the contract on the ground