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MCQs

Total Questions : 60 | Page 2 of 6 pages
Question 11. Agreement the meaning of which is uncertain is
  1.    Void
  2.    Valid
  3.    Voidable
  4.    Illegal
 Discuss Question
Answer: Option A. -> Void


Question 12. Which of the following relationship raise presumption of positive influence?
  1.    Parent and Child
  2.    Religious/ Spiritual Guru and disciple
  3.    Guardian and Ward
  4.    All of the above
 Discuss Question
Answer: Option D. -> All of the above


Question 13. Which of the following is false with respect to minor entering a contract?
  1.    An agreement with or by a minor is void ab initio
  2.    A minor can be a beneficiary of a contract
  3.    The contracts involving a minor as a beneficiary may be enforced at the option of the third party
  4.    A minor cannot ratify a contract on attaining majority
 Discuss Question
Answer: Option C. -> The contracts involving a minor as a beneficiary may be enforced at the option of the third party


Question 14. Drawing cash from ATM, sale by fall of hammer at an auction sale, etc., are example of
  1.    express contract.
  2.    implied contract.
  3.    tacit contract.
  4.    unlawful contract.
 Discuss Question
Answer: Option B. -> implied contract.


Question 15. ………….. is a one-sided contract in which only one party has to perform his promise or obligation.
  1.    Void contract
  2.    Illegal agreement
  3.    Unilateral contract
  4.    Bilateral contract
 Discuss Question
Answer: Option C. -> Unilateral contract


Question 16. All Contract is a/an ……………..
  1.    Offer
  2.    Agreement
  3.    Acceptance
  4.    Tr
 Discuss Question
Answer: Option A. -> Offer


Question 17. A/an …………… is every Promise and every set of promises, forming consideration for each other
  1.    Offer
  2.    Agreement
  3.    Acceptance
  4.    Tr
 Discuss Question
Answer: Option A. -> Offer


Question 18. Every agreement and promise enforceable by law is …………….
  1.    Offer
  2.    Contract
  3.    Acceptance
  4.    Consideration
 Discuss Question
Answer: Option B. -> Contract


Question 19. “A Contract is an agreement creating and defining obligations between the parties” the definition was put forwarded by
  1.    Dr. Ambedkar
  2.    Pollock
  3.    Salmonds
  4.    N.D.Kapoor
 Discuss Question
Answer: Option C. -> Salmonds


Question 20. The Law of Contract is nothing but ...............
  1.    A Child of Commercial dealing
  2.    A Child of Religion
  3.    A Child of day to day Politics
  4.    A Child of Economics.
 Discuss Question
Answer: Option A. -> A Child of Commercial dealing


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