Indian Contract Act MCQ question and answer | Law MCQ question

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81.
Who may employ an agent?

A. Any major person

B. Any person who is of sound mind

C. Any major and person of sound mind

D. A citizen of India

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82.
Tender is

A. An offer

B. An invitation to offer

C. A counter offer

D. A promise

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83.
Agency stands terminated

A. By the death, insolvency or insanity of the principal

B. By the death, insolvency or insanity of the agent

C. By the death, insolvency or insanity of either the principal or the agent

D. By the death, insolvency or insanity of the principal and the agent both

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84.
When goods are delivered by one person to another for some purpose upon a contract that they shall, when the purpose is accomplished, be returned or otherwise disposed off according to the direction of the person delivering them, the transaction is called a

A. Custody

B. Pawn

C. Mortgage

D. Bailment

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85.
A gives a recognizance binding him in a penalty of Rs. 500 to appear in Court on a certain day. He forfeits his recognizance. He is liable:

A. To pay the whole penalty

B. To pay half penalty

C. It depends on the discretion of the judge

D. For no penalty

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86.
The inadequacy of consideration will be taken into account by a court of law:

A. When the promisor expresses his desire to get maximum return for his promise

B. When the promisor performs his promise

C. When fraud, coercion or undue influence in the formation of the contract is pleaded

D. Always at the discretion of the court

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87.
Communication of acceptance is complete as against the acceptor only:

A. When it is put in the course of transmission

B. When it comes to the knowledge of the proposer

C. When it is communicated to the acceptor that the acceptance has reached the proposer

D. All of the above

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88.
The effect of ratification under the law of agency is:-

A. Prospective

B. Retrospective

C. Prospective or retrospective depending on the facts and circumstances of the case

D. Prospective or retrospective depending on the agreement between the parties

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89.
Tender of performance of contract' has been provided under which of the following Sections of the Indian Contract Act, 1872?

A. Section 36

B. Section 37

C. Section 39

D. Section 38

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90.
Hadley v. Baxendale is a leading English contract law case that sets the basic rule to determine consequential damages from a breach of contract. The statement is:

A. False

B. True

C. Partially true

D. It does not relate to breach of contract

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Indian Contract Act MCQ question and answer | Law MCQ question

81. Who may employ an agent?

Answer & Solution

82. Tender is

Answer & Solution

83. Agency stands terminated

Answer & Solution

84. When goods are delivered by one person to another for some purpose upon a contract that they shall, when the purpose is accomplished, be returned or otherwise disposed off according to the direction of the person delivering them, the transaction is called a

Answer & Solution

85. A gives a recognizance binding him in a penalty of Rs. 500 to appear in Court on a certain day. He forfeits his recognizance. He is liable:

Answer & Solution

86. The inadequacy of consideration will be taken into account by a court of law:

Answer & Solution

87. Communication of acceptance is complete as against the acceptor only:

Answer & Solution

88. The effect of ratification under the law of agency is:-

Answer & Solution

89. Tender of performance of contract' has been provided under which of the following Sections of the Indian Contract Act, 1872?

Answer & Solution

90. Hadley v. Baxendale is a leading English contract law case that sets the basic rule to determine consequential damages from a breach of contract. The statement is:

Answer & Solution

Read More Section(Indian Contract Act)

81.
Who may employ an agent?

82.
Tender is

83.
Agency stands terminated

84.
When goods are delivered by one person to another for some purpose upon a contract that they shall, when the purpose is accomplished, be returned or otherwise disposed off according to the direction of the person delivering them, the transaction is called a

85.
A gives a recognizance binding him in a penalty of Rs. 500 to appear in Court on a certain day. He forfeits his recognizance. He is liable:

86.
The inadequacy of consideration will be taken into account by a court of law:

87.
Communication of acceptance is complete as against the acceptor only:

88.
The effect of ratification under the law of agency is:-

89.
Tender of performance of contract' has been provided under which of the following Sections of the Indian Contract Act, 1872?

90.
Hadley v. Baxendale is a leading English contract law case that sets the basic rule to determine consequential damages from a breach of contract. The statement is: