Indian Contract Act MCQ question and answer | Law MCQ question Page-4 section-3

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31.
Under the Indian Contract Act, 1872 an agreement not enforceable by law is said to be void. Under which of the following agreements is voidable?

A. Agreement is restraint of marriage

B. Agreement is restraint of trade

C. Agreement in restraint of fraud

D. Wagering Agreement

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32.
Agency can be terminated

A. By revocation by the principal

B. By notice of renunciation by the agent

C. By efflux of time

D. Either A or B

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33.
The basic of action under the remedy of quantum meruit is

A. Restitution

B. Rescission

C. Novation

D. All of the above

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34.
A stipulation for increased interest from the date of default is known as

A. Damage

B. Penalty

C. Liquidated damage

D. Compensation

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35.
Contract Act- Mere silence is not fraud unless

A. There is duty to speak

B. The silence is deceptive

C. There is a change in the circumstance to be brought to the notice of other party

D. All of these

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36.
Under Indian Contract Act, 1872, destruction of subject matter of contract leads to:

A. Performance of contract

B. Discharge by impossibility

C. Breach of Contract

D. Renovation of Contract

E. None of the above

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37.
A person, who sues for damages, under the law of contract:

A. Has a duty to mitigate the loss consequent upon the breach of contract

B. Has no duty to mitigate the loss consequent upon the breach of contract

C. Can claim damages for the sum inclusive of the amount of loss due to his negligence

D. None of the above

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38.
In case of bailment by joint owners

A. The bailee has tu deliver the goods to all the joint owners

B. The bailee has to deliver the goods to any one of the joint owners with the consent of other joint owners

C. The bailee can deliver the goods to one of the joint owners even without the consent of other joint owners

D. Either A or C

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39.
A' enters into a contract with 'B' to sell him 100 bales of cotton, and afterwards discovers that 'B' was acting as agent for 'C'. For the price of the cotton 'A' may sue . . . . . . . .

A. Only against 'C'

B. Only against 'B'

C. Against 'B' or 'C' or both

D. Neither against 'B' nor 'C'

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40.
Section 27 of the Indian Contract Act, 1872 in which of the following relation an agreement in restraint of trade is valid:

A. Mutual adjustment

B. Business contingency

C. Sale of goodwill

D. None of these

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Indian Contract Act MCQ question and answer | Law MCQ question

31. Under the Indian Contract Act, 1872 an agreement not enforceable by law is said to be void. Under which of the following agreements is voidable?

Answer & Solution

32. Agency can be terminated

Answer & Solution

33. The basic of action under the remedy of quantum meruit is

Answer & Solution

34. A stipulation for increased interest from the date of default is known as

Answer & Solution

35. Contract Act- Mere silence is not fraud unless

Answer & Solution

36. Under Indian Contract Act, 1872, destruction of subject matter of contract leads to:

Answer & Solution

37. A person, who sues for damages, under the law of contract:

Answer & Solution

38. In case of bailment by joint owners

Answer & Solution

39. A' enters into a contract with 'B' to sell him 100 bales of cotton, and afterwards discovers that 'B' was acting as agent for 'C'. For the price of the cotton 'A' may sue . . . . . . . .

Answer & Solution

40. Section 27 of the Indian Contract Act, 1872 in which of the following relation an agreement in restraint of trade is valid:

Answer & Solution

Read More Section(Indian Contract Act)

31.
Under the Indian Contract Act, 1872 an agreement not enforceable by law is said to be void. Under which of the following agreements is voidable?

32.
Agency can be terminated

33.
The basic of action under the remedy of quantum meruit is

34.
A stipulation for increased interest from the date of default is known as

35.
Contract Act- Mere silence is not fraud unless

36.
Under Indian Contract Act, 1872, destruction of subject matter of contract leads to:

37.
A person, who sues for damages, under the law of contract:

38.
In case of bailment by joint owners

39.
A' enters into a contract with 'B' to sell him 100 bales of cotton, and afterwards discovers that 'B' was acting as agent for 'C'. For the price of the cotton 'A' may sue . . . . . . . .

40.
Section 27 of the Indian Contract Act, 1872 in which of the following relation an agreement in restraint of trade is valid: