Indian Contract Act MCQ question and answer | Law MCQ question Page-8 section-2

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71.
C, advances to B, his tenant Rs. 2,000 on the guarantee of A. C has also a further security for Rs. 2,000 by a mortgage of B's furniture. C cancels the mortgage. B becomes insolvent and C sues A on his guarantees.

A. A is discharged from liability

B. A is not discharged from liability

C. B is not discharged from liability

D. None of the above

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72.
Quantum meruit means:

A. Voidable agreement

B. Proportional earning

C. Valid contract

D. Wagering contract

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73.
Under Indian Contract Act Publication of notice inviting tender is-

A. A Proposal

B. Notice inviting proposal

C. A promise

D. Agreement

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74.
For the acts of the substituted agent

A. The agent is responsible to the principal

B. The agent is not responsible to the principal

C. The substituted agent is not responsible to the principal

D. None of the above

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75.
Consideration should be something in return of promise which

A. Both the law and parties regard, as having some value

B. Only law regards a having some value

C. Only the parties regard some value

D. Only adequate value necessary

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76.
A makes a contract with B to buy B's horse if A survives C.

A. This contract cannot be enforced by law unless and until A dies in C's lifetime

B. This contract cannot be enforced by law unless and until C dies in A's lifetime

C. This contract can be enforced by law during C and A's lifetime

D. None of these

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77.
Unlawful detaining or threatening to detain any property with the intention of causing any person to enter into an agreement would amount to which one of the following?

A. Unlawful detention

B. Duress

C. Undue influence

D. Coercion

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78.
A contracts with B to repair B's house. B neglects or refuses to point out to A the places in which his house requires repair.

A. A is excused for the non-performance of the contract if it is caused by such neglect or refusal

B. A cannot be excused for the non-performance of the contract even if it is caused by such neglect or refusal

C. B is excused for his negligence or refusal to point out to A the places in which his house requires repair

D. None of these

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79.
Match List-I with List-II and select the correct answer using the given below:

List-I (Types of Vitiating elements of a contract) List-II (Relevant case-law)

a. Undue influence 1. Nursey Spg. and Wvg. Co. Ltd., Re

b. Misrepresentation 2. Jaggan Nath v. Secy of State for India

c. Fraud 3. Lancashire Loans v. Black

d. Mistake 4. Derry v. Peek

A. a-2, b-4, c-3, d-1

B. a-1, b-3, c-4, d-2

C. a-3, b-1, c-4, d-2

D. a-3, b-1, c-2, d-4

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80.
A lends rupees one lakh to B and B promises to repay it with interest @ 12% per annum after one year. The agreement also provides that if the amount is repaid within six months, the rate of interest will be 10%. The stipulation is

A. Valid

B. Void

C. Voidable

D. Illegal

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1 2 3 4 5 6 7 8 9 10

List-I (Types of Vitiating elements of a contract)	List-II (Relevant case-law)
a. Undue influence	1. Nursey Spg. and Wvg. Co. Ltd., Re
b. Misrepresentation	2. Jaggan Nath v. Secy of State for India
c. Fraud	3. Lancashire Loans v. Black
d. Mistake	4. Derry v. Peek

Indian Contract Act MCQ question and answer | Law MCQ question

71. C, advances to B, his tenant Rs. 2,000 on the guarantee of A. C has also a further security for Rs. 2,000 by a mortgage of B's furniture. C cancels the mortgage. B becomes insolvent and C sues A on his guarantees.

Answer & Solution

72. Quantum meruit means:

Answer & Solution

73. Under Indian Contract Act Publication of notice inviting tender is-

Answer & Solution

74. For the acts of the substituted agent

Answer & Solution

75. Consideration should be something in return of promise which

Answer & Solution

76. A makes a contract with B to buy B's horse if A survives C.

Answer & Solution

77. Unlawful detaining or threatening to detain any property with the intention of causing any person to enter into an agreement would amount to which one of the following?

Answer & Solution

78. A contracts with B to repair B's house. B neglects or refuses to point out to A the places in which his house requires repair.

Answer & Solution

Answer & Solution

80. A lends rupees one lakh to B and B promises to repay it with interest @ 12% per annum after one year. The agreement also provides that if the amount is repaid within six months, the rate of interest will be 10%. The stipulation is

Answer & Solution

Read More Section(Indian Contract Act)

71.
C, advances to B, his tenant Rs. 2,000 on the guarantee of A. C has also a further security for Rs. 2,000 by a mortgage of B's furniture. C cancels the mortgage. B becomes insolvent and C sues A on his guarantees.

72.
Quantum meruit means:

73.
Under Indian Contract Act Publication of notice inviting tender is-

74.
For the acts of the substituted agent

75.
Consideration should be something in return of promise which

76.
A makes a contract with B to buy B's horse if A survives C.

77.
Unlawful detaining or threatening to detain any property with the intention of causing any person to enter into an agreement would amount to which one of the following?

78.
A contracts with B to repair B's house. B neglects or refuses to point out to A the places in which his house requires repair.

80.
A lends rupees one lakh to B and B promises to repay it with interest @ 12% per annum after one year. The agreement also provides that if the amount is repaid within six months, the rate of interest will be 10%. The stipulation is