judiciary and law Mcqs
3351. Mistake of fact________________?
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A. None of above

B. Makes a contract void

C. Does not make a contract voidable

D. Makes a contract voidable

3352. Guarantee means_______________?
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A. Surety

B. All the above

C. None of above

D. The word is also used as a name, to denote the contract of guarantee or the obligation of grantor

3354. Section 226, to last one of the Contract Act, deals with __________________?
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A. Effect of the agency upon the principal

B. Effects of agency on contracts with third person

C. Effects of the agency upon the agent

D. None of above

3355. Indemnity means__________________?
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A. Security from damage or loss

B. Security for more profit

C. An act for protection

D. Both A and B
3357. Agreement without consideration is___________________?
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A. Valid

B. Voidable

C. None of above

D. Void
3358. Section 124, of the Contract Act, define_________________?
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A. Contracts of indemnity

B. Contracts of minor

C. Contracts of conditions

D. None of above

3359. In contract of guarantee the person who gives guarantee is called __________________?
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A. Surety

B. Principal debtor

C. Both (a) and (b)

D. None of above

3361. A continuing guarantee may at any time be revoked by the surety as to future transaction by giving notice to ________________?
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A. The creditor

B. Without giving any notice to any person

C. Principal debtor

D. None of above

3362. A guaranfee which extend to a series of transactions is called ____________________?
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A. Continuing guarantee

B. Specific guarantee

C. Special guarantee

D. None of above

3363. An agent is bound to render proper account to _______________ on demand?
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A. His principal

B. Sub-agent

C. None of the above

D. Creditor

3366. The Contract Act 1872 was enforced on_______________?
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A. First August, 1872

B. None of these

C. 1st September, 1872

D. First day of July, 1872

3368. When there is breach of contract the party which aggrieved by breach is entitled for__________________?
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A. Nothing

B. Compensation against the breacher

C. None of above

D. Registration of criminal Case against the breacher

3371. The contract of insurance is infact contract of________________?
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A. Urgency

B. Indemnity

C. Both (a) and (b)

D. None of above

3373. Coercion, Fraud and misrepresentation makes contract_________________?
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A. Void of the option of the party whose consent was caused

B. Voidable on the option of the party whose consent so caused

C. Valid for both sides

D. None of above

3375. In pledge contract bailee is called________________?
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A. None of above

B. Pawnee

C. Pledger

D. Pawnor

3376. As per-section 201, of the Contract Act an agency can be terminated by__________________?
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A. All of above

B. The principal revoking his authority

C. The agent renouncing the business of the agency

D. The completion of agency business

3378. A principal is responsible for all the acts of his agent which is called___________________?
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A. Vicarious liability

B. Original liability of The Principal

C. Both A and B

D. None of above

3380. Agreement contingent on impossible events are________________?
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A. Void

B. Voidable

C. Both A and B

D. None of above

3381. The term Contingent means ?
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A. Possible but not assured

B. Doubtful or uncertain

C. Both A and B

D. None of above

3383. In contract of guarantee the person at whose place guarantee given is called __________________?
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A. Surety holder

B. Principal debtor

C. Both (a) and (b)

D. None of above

3386. An agreement enforceable by law is called________________?
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A. An agreement

B. Contract

C. Both A and B

D. None of above

3387. A intending to deceive B, falsely represents that five hundred munds of indigo are made annually at As factory and their by induces B to buy the factory ?
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A. The contract is voidable on the part of A

B. The contract is voidable on the part of B

C. The contract is voidable on both A and B part

D. None of above

3388. A makes a contract with B to buy Bs horse if A survives C. This contract cannot be enforceed by law ?
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A. Unless and until C dies in As life time

B. Unless and until A dies in Cs life time

C. Both A and C dies

D. None of above

3390. The age limit for making a contract is_______________?
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A. Majority

B. None of above

C. 16 years

D. 17 years

3391. A contract to pay B Rs. 10,000 if Bs house is burnt the contract is________________?
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A. Contingent Contract

B. Conditional Contract

C. Simple contract

D. None of above

3394. Section 18 of the Contract Act, deals with_______________?
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A. Coericon

B. None of above

C. Misrepresentation

D. Fraud

3395. As per section 185 of the Contract Act, 1872 consideration is_________________?
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A. Not necessary to create agency

B. Necessary to create agency

C. Depends upon type of agency

D. None of above

3397. A proposes by letter to sell a house to B The Communication of the proposal is complete________________?
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A. When A make such proposal

B. When B accepts the proposal

C. Both A and B

D. None of above

3399. The term Pledge means________________?
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A. A thing which is given as security

B. A thing which is saled out

C. Both A and B

D. None of above

3400. The term Coercion means__________________?
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A. Compulsion

B. Committing or threatening to commit any act forbidden by the Pakistan Penal Code

C. All of the above

D. A unlawful pressure