Indian Contract Act MCQ question and answer | Law MCQ question Page-4 section-6

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.
A owes Rs 1 lakh to B. B is entitled to recover this amount from A. This is called

A. Rights in Personam

B. Rights is Rem

C. Constitutional Right

D. There is no right at all

Answer & Solution Discuss in Board Save for Later

32.
Where two or more persons have made a joint promise, a release of one of such joint promisors by the promise:

A. A does not discharge the other joint promisor, neither does it free the joint promisor so released from responsibility to the other joint promisor or joint promisors

B. Discharges the other joint promisor but it does not free the joint promisor so released from responsibility to the other joint promisor or joint promisors

C. Discharges the other joint promisor also frees the joint promisor so released from responsibility to the other joint promisor or joint promisors

D. Release of one of such joint promisors is not possible

Answer & Solution Discuss in Board Save for Later

33.
A sells, by auction to B, a horse which A knows to be unsound and A says nothing to B about the horse's unsoundness. Choose the correct option from the following

A. This amounts to fraud

B. This does not amount to fraud

C. Thisamounts to undue influence

D. This amounts to misrepresentation

Answer & Solution Discuss in Board Save for Later

34.
Under Section 68 of the Indian Contract Act, the minor-

A. Is personally liable

B. Only minor's property is liable

C. Minor personally and his property both are liable

D. None of the above is correct

Answer & Solution Discuss in Board Save for Later

35.
The Indian Contract Act, 1872 defines 'Contract' in Section?

A. 2(a)

B. 2(b)

C. 2(d)

D. 2(h)

Answer & Solution Discuss in Board Save for Later

36.
Which among the following is generally referred to as the subtle species of fraud?

A. Undue influence

B. Deliberate Mistake

C. Misrepresentation

D. Coercion

Answer & Solution Discuss in Board Save for Later

37.
A' has engaged the services of 'B', a financial planner, to make investments on his behalf. 'A' remits Rs. 10 lakhs to 'B' asking him to purchase stocks in company 'X'. 'B' finding investment in company 'Y to be possibly more lucrative invests the money in purchasing its shares. Company 'Y' goes into liquidation resulting in losses. Here:

A. B' is guilty of criminal reach of trust

B. B' is guilty of dishonest misappropriation

C. B' is guilty of cheating

D. B' has not committed any offence

Answer & Solution Discuss in Board Save for Later

38.
Consider the following statements:
1. According to Justice Patterson, consideration may be some benefit to the plaintiff or some detriment to the defendant.
2. According to Section 2(d) of the Indian Contract Act, the definition of consideration requires that the act or abstinence should be done by promisee only.
Which of the statements given above is/are correct?

A. 1 only

B. 2 only

C. Both 1 and 2

D. Neither 1 nor 2

Answer & Solution Discuss in Board Save for Later

39.
Which one of the following cases is not related to the damages for breach of contract?

A. Hadley v. Baxendale

B. State of Rajasthan v. Novelty Stores

C. Madras Railway Co. v. Govind Rao

D. Domination of India v. All India Reporter Ltd.

Answer & Solution Discuss in Board Save for Later

40.
A owes B, under a contract, a sum of money, the amount of which has not been ascertained. A, without ascertaining the amount, gives to B, and B, in satisfaction thereof accepts the sum of Rs. 2000.
This is a discharge of

A. Whole debt

B. Part debt

C. Earnest money

D. Previous debt

Answer & Solution Discuss in Board Save for Later

1 2 3 4 5 6 7 8 9 10

Indian Contract Act MCQ question and answer | Law MCQ question

31. A owes Rs 1 lakh to B. B is entitled to recover this amount from A. This is called

Answer & Solution

32. Where two or more persons have made a joint promise, a release of one of such joint promisors by the promise:

Answer & Solution

33. A sells, by auction to B, a horse which A knows to be unsound and A says nothing to B about the horse's unsoundness. Choose the correct option from the following

Answer & Solution

34. Under Section 68 of the Indian Contract Act, the minor-

Answer & Solution

35. The Indian Contract Act, 1872 defines 'Contract' in Section?

Answer & Solution

36. Which among the following is generally referred to as the subtle species of fraud?

Answer & Solution

Answer & Solution

Answer & Solution

39. Which one of the following cases is not related to the damages for breach of contract?

Answer & Solution

40. A owes B, under a contract, a sum of money, the amount of which has not been ascertained. A, without ascertaining the amount, gives to B, and B, in satisfaction thereof accepts the sum of Rs. 2000. This is a discharge of

Answer & Solution

Read More Section(Indian Contract Act)

31.
A owes Rs 1 lakh to B. B is entitled to recover this amount from A. This is called

32.
Where two or more persons have made a joint promise, a release of one of such joint promisors by the promise:

33.
A sells, by auction to B, a horse which A knows to be unsound and A says nothing to B about the horse's unsoundness. Choose the correct option from the following

34.
Under Section 68 of the Indian Contract Act, the minor-

35.
The Indian Contract Act, 1872 defines 'Contract' in Section?

36.
Which among the following is generally referred to as the subtle species of fraud?

39.
Which one of the following cases is not related to the damages for breach of contract?

40.
A owes B, under a contract, a sum of money, the amount of which has not been ascertained. A, without ascertaining the amount, gives to B, and B, in satisfaction thereof accepts the sum of Rs. 2000.
This is a discharge of