Indian Contract Act MCQ question and answer | Law MCQ question Page-4 section-5

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

31.
On the valid performance of the contractual obligations by the parties, the contract

A. Is discharged

B. Becomes enforceable

C. Becomes void

D. None of these

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32.
Novation amounts to

A. Discharge of contract

B. Formation of consideration

C. Remission

D. Waiver

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33.
Which one of the following constitutes an offer?

A. Display of goods with price tags in a self-service shop

B. Advertisement announcing a reward of Rs. 5000 to any person who would find the missing dog of the advertiser

C. When a man advertises that he has a stock of books to sell at a flat rate of Rs. 100 per book

D. An auctioneer's announcement that specified goods will be sold by auction on a certain day

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34.
Quasi contracts are the situations where-

A. Law creates obligations for a non-contracting party

B. Law creates obligations for breach of contract

C. Law creates obligations for continent contracts

D. Law creates obligations for mistakes of fact

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35.
Acceptance sent through post:

A. Can be revoked at any time

B. Cannot be revoked at all

C. Can be revoked before it comes to the knowledge of the offeror

D. Can be revoked only if it does not reach the offeror

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36.
Where a promisor has made an offer of performance to the promisee and the offer has not been accepted:

A. The promisor is responsible for non-performance, but he does not lose his rights under the contract

B. The promisor is not responsible for non-performance, nor does he thereby lose his rights under the contract

C. The promisor is not responsible for non-performance, but he loses his rights under the contract

D. The promisor can enforce the performance of the promise

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37.
An agreement, which is enforceable by law at the option of one or more of the parties thereto, but not at the option of the other or others-

A. Is a valid contract

B. Is an illegal contract

C. Is a voidable contract

D. Is an unenforceable agreement

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38.
Which one of the following promises is enforceable?

A. A promises to pay Rs. 5000 to B who saved him from drowning

B. A promises to pay Rs. 5000 to his son

C. A promises to donate Rs. 5000 to an officer's club

D. A promises to pay Rs. 5000 as additional fee to his advocate for winning a suit

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39.
Which of the following is not true in case of wagering agreements?

A. The agreement is void under Section 23 of the Contract Act

B. No suit shall be brought in any court of law on any wager

C. The amount won under a wagering agreement cannot be recovered

D. Any fresh promise to pay money won under a wager is also void

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40.
Find out the correct answer: The object of allowing damages in the case of breach of contract is

A. To place the plaintiff so far as the money can do it, in the same position with respect to damages as if the contract has been performed

B. To punish the defendant for breach of contract

C. To put the plaintiff in the same position as if the contract has not been made

D. To compensate the actual loss arising from the breach

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Indian Contract Act MCQ question and answer | Law MCQ question

31. On the valid performance of the contractual obligations by the parties, the contract

Answer & Solution

32. Novation amounts to

Answer & Solution

33. Which one of the following constitutes an offer?

Answer & Solution

34. Quasi contracts are the situations where-

Answer & Solution

35. Acceptance sent through post:

Answer & Solution

36. Where a promisor has made an offer of performance to the promisee and the offer has not been accepted:

Answer & Solution

37. An agreement, which is enforceable by law at the option of one or more of the parties thereto, but not at the option of the other or others-

Answer & Solution

38. Which one of the following promises is enforceable?

Answer & Solution

39. Which of the following is not true in case of wagering agreements?

Answer & Solution

40. Find out the correct answer: The object of allowing damages in the case of breach of contract is

Answer & Solution

Read More Section(Indian Contract Act)

31.
On the valid performance of the contractual obligations by the parties, the contract

32.
Novation amounts to

33.
Which one of the following constitutes an offer?

34.
Quasi contracts are the situations where-

35.
Acceptance sent through post:

36.
Where a promisor has made an offer of performance to the promisee and the offer has not been accepted:

37.
An agreement, which is enforceable by law at the option of one or more of the parties thereto, but not at the option of the other or others-

38.
Which one of the following promises is enforceable?

39.
Which of the following is not true in case of wagering agreements?

40.
Find out the correct answer: The object of allowing damages in the case of breach of contract is