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

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

21.
A promised to pay his son B a sum of Rs 1 lakh if B passed CA exams in the first attempt. B passed the exam in the first attempt, but A failed to pay the amount as promised. B files a sit for recovery of the amount. State whether B can recover the amount under the Indian Contract Act, 1972.

A. B can sue A

B. B has to pay Rs 1 Lakh to A

C. B has no remedy against A

D. B has to write the exam again, to claim the reward

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22.
Authority of an agent

A. Has to be expressed

B. Has to be implied

C. Can be expressed or implied

D. Either A or B or C

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23.
In relation to devolution of joint liabilities, as a general rule the Indian Contract Act incorporates the principle of;

A. Survivorship

B. Succession

C. Both A and B

D. None of the above

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24.
Read Assertion (A) and Reason (R) and give the correct answer by using the given below:
Assertion (A): A proposal may be revoked at any time before the communication of its acceptance is complete as against the proposer, But not afterwards.
Reason (R): Section 5 of the Indian contract Act 1872, deals with the revocation of proposals and acceptances.

A. Both (A) and (R) are correct, but (R) is not related to (A)

B. (A) is correct, but (R) is wrong

C. (A) is wrong, but (R) is correct

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

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25.
A proposal is not revoked by

A. Lapse of time prescribed in the offer for its acceptance

B. Lapse of reasonable time, without communication of acceptance, if no time is prescribed in the offer for its acceptance

C. Death of the offerer even if the acceptor in ignorance of this fact sends communication of acceptance

D. Counter offer

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26.
All illegal contracts are void but all void contracts are not:

A. Legal

B. Illegal

C. Enforceable

D. Voidable

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27.
The words not defined in the Specific Relief Act shall be understood according to

A. The Indian Contract Act

B. The Indian Succession Act

C. Transfer of Property Act

D. None of the above

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28.
When a contract has been broken and a sum is named in the contract as the amount to be paid in case of breach, the party complaining of the breach is entitled to

A. That amount without any reference to the amount of damages he suffered

B. The actual amount of damages not exceeding the sum stated

C. The actual amount of damages ever if exceeds the sum stated

D. Reasonable compensation not exceeding the sum stated

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29.
In Carlill v. Carbolic Smoke Ball Co., (1892) 2 QB 484, the court ruled-

A. That an offer made to public at large is a nudum pactum

B. That a general offer is no offer

C. That an offer can be made only to a particular person

D. An offer need not be made to an ascertained person

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30.
A contract without consideration under section 25 is

A. Valid

B. Voidable

C. Void

D. Illegal

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Indian Contract Act MCQ question and answer | Law MCQ question

21. A promised to pay his son B a sum of Rs 1 lakh if B passed CA exams in the first attempt. B passed the exam in the first attempt, but A failed to pay the amount as promised. B files a sit for recovery of the amount. State whether B can recover the amount under the Indian Contract Act, 1972.

Answer & Solution

22. Authority of an agent

Answer & Solution

23. In relation to devolution of joint liabilities, as a general rule the Indian Contract Act incorporates the principle of;

Answer & Solution

Answer & Solution

25. A proposal is not revoked by

Answer & Solution

26. All illegal contracts are void but all void contracts are not:

Answer & Solution

27. The words not defined in the Specific Relief Act shall be understood according to

Answer & Solution

28. When a contract has been broken and a sum is named in the contract as the amount to be paid in case of breach, the party complaining of the breach is entitled to

Answer & Solution

29. In Carlill v. Carbolic Smoke Ball Co., (1892) 2 QB 484, the court ruled-

Answer & Solution

30. A contract without consideration under section 25 is

Answer & Solution

Read More Section(Indian Contract Act)

21.
A promised to pay his son B a sum of Rs 1 lakh if B passed CA exams in the first attempt. B passed the exam in the first attempt, but A failed to pay the amount as promised. B files a sit for recovery of the amount. State whether B can recover the amount under the Indian Contract Act, 1972.

22.
Authority of an agent

23.
In relation to devolution of joint liabilities, as a general rule the Indian Contract Act incorporates the principle of;

25.
A proposal is not revoked by

26.
All illegal contracts are void but all void contracts are not:

27.
The words not defined in the Specific Relief Act shall be understood according to

28.
When a contract has been broken and a sum is named in the contract as the amount to be paid in case of breach, the party complaining of the breach is entitled to

29.
In Carlill v. Carbolic Smoke Ball Co., (1892) 2 QB 484, the court ruled-

30.
A contract without consideration under section 25 is