Indian Contract Act MCQ question and answer | Law MCQ question Page-7 section-2

Section 1 Section 2 Section 3 Section 4 Section 5 Section 6 Section 7 Section 8 Section 9 Section 10 Section 11 Section 12 Section 13 Section 14 Section 15

61.
A contract of life insurance falls under the category of-

A. Contract of indemnity

B. Contract of guarantee

C. Contingent contract

D. None of the above

Answer & Solution Discuss in Board Save for Later

62.
A minor having lost his parents, is maintained by his neighbour. Whether the neighbour can seek recovery of expenses?

A. Yes, in certain condition

B. No

C. Yes, if minor's guardianship is granted by court

D. None of the above

Answer & Solution Discuss in Board Save for Later

63.
The concept that says unfair or unconscionable contracts or clauses should not be enforced is known as

A. Pacta Sunt Sarvanda

B. Prima Facie

C. Culpa in Contra hendo

D. Abus de droit

Answer & Solution Discuss in Board Save for Later

64.
Under the Contract Act consideration may proceed:-

A. From the promisee

B. From a person other than the promisee

C. Both A and B

D. Neither A nor B

Answer & Solution Discuss in Board Save for Later

65.
When prior to the due date of performance, the promisor absolutely refuses to perform the contract, it is known as-

A. Abandonment of contract

B. Actual breach of contract

C. Remission of contract

D. Anticipatory breach of contract

Answer & Solution Discuss in Board Save for Later

66.
An agreement not to raise the plea of limitation is-

A. Valid and binding

B. Voidable

C. Void

D. Illegal

Answer & Solution Discuss in Board Save for Later

67.
A orders a pizza from Dominos. The Dominos delivery person accidentally delivers it to C. C eats it. Is C obliged to pay Dominos for pizza?

A. No. The mistake was made by the pizza delivery man

B. No. C didn't make any mistake

C. Yes. C ate the pizza knowing that he hadn't ordered it. Having derived the benefit of the contract, he must now pay for it

D. Yes. C stole the pizza

Answer & Solution Discuss in Board Save for Later

68.
Reciprocal promises provide for doing certain things which are legal and certain others which are illegal, under Section 57:

A. The first set is valid but the second set is void

B. The first set is voidable but the second set is void

C. The entire set of promises is void

D. The entire set of promises is valid

Answer & Solution Discuss in Board Save for Later

69.
A agrees to sell his house to B for 10,000 rupees. Here, B's promise to pay the sum of 10,000 rupees is the consideration for A's promise to sell the house, and A's promise to sell the house is the consideration for B's promise to pay the 10,000 rupees.

A. These are unlawful considerations

B. These are lawful considerations

C. Either (A) or (B)

D. None of these

Answer & Solution Discuss in Board Save for Later

70.
Following is/are essentialt(s) of valid contract as per Indian Contract Act, 1872.
(1) Parties to contract should have capacity to contract.
(2) Parties to contract should have legal mind.
(3) Parties to contract should be intelligent.
(4) Invitation to offer should be accepted.
Find correct answer:

A. Only (1) and (4) are correct

B. Only (1) is correct

C. All of above are correct

D. Only (2) is correct

E. None of these

Answer & Solution Discuss in Board Save for Later

1 2 3 4 5 6 7 8 9 10

Indian Contract Act MCQ question and answer | Law MCQ question

61. A contract of life insurance falls under the category of-

Answer & Solution

62. A minor having lost his parents, is maintained by his neighbour. Whether the neighbour can seek recovery of expenses?

Answer & Solution

63. The concept that says unfair or unconscionable contracts or clauses should not be enforced is known as

Answer & Solution

64. Under the Contract Act consideration may proceed:-

Answer & Solution

65. When prior to the due date of performance, the promisor absolutely refuses to perform the contract, it is known as-

Answer & Solution

66. An agreement not to raise the plea of limitation is-

Answer & Solution

67. A orders a pizza from Dominos. The Dominos delivery person accidentally delivers it to C. C eats it. Is C obliged to pay Dominos for pizza?

Answer & Solution

68. Reciprocal promises provide for doing certain things which are legal and certain others which are illegal, under Section 57:

Answer & Solution

69. A agrees to sell his house to B for 10,000 rupees. Here, B's promise to pay the sum of 10,000 rupees is the consideration for A's promise to sell the house, and A's promise to sell the house is the consideration for B's promise to pay the 10,000 rupees.

Answer & Solution

Answer & Solution

Read More Section(Indian Contract Act)

61.
A contract of life insurance falls under the category of-

62.
A minor having lost his parents, is maintained by his neighbour. Whether the neighbour can seek recovery of expenses?

63.
The concept that says unfair or unconscionable contracts or clauses should not be enforced is known as

64.
Under the Contract Act consideration may proceed:-

65.
When prior to the due date of performance, the promisor absolutely refuses to perform the contract, it is known as-

66.
An agreement not to raise the plea of limitation is-

67.
A orders a pizza from Dominos. The Dominos delivery person accidentally delivers it to C. C eats it. Is C obliged to pay Dominos for pizza?

68.
Reciprocal promises provide for doing certain things which are legal and certain others which are illegal, under Section 57:

69.
A agrees to sell his house to B for 10,000 rupees. Here, B's promise to pay the sum of 10,000 rupees is the consideration for A's promise to sell the house, and A's promise to sell the house is the consideration for B's promise to pay the 10,000 rupees.