1872 contract act Mcqs
1. In pledge bailor is called_________________?
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A. Pawnor

B. Pawnee

C. Both (a) and (b)

D. None of above

2. Promise which forms the consideration or part of the consideration for each other is called_______________?
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A. Conditional promise

B. Simple promise

C. None of above

D. Reciprocal promise
3. Section_________ to__________, at the Contract Act, deals with discharge of surety ?
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A. 130, 133

B. None of above

C. 139, 144

D. 133, 139
4. A man enfeebled by disease or age is inclued by Bs influence over him as his medical abendant to agree to pay B, a unreasonable sum for his professional services_______________?
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A. B employees nothing

B. B employees undue influence

C. Both A and B

D. None of above

5. Fraud is defined in Section ___________ of the Contract Act?
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A. 16

B. None of above

C. 15

D. 17
6. The person to whom proposal is made is called________________?
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A. Promisor

B. Promisee

C. Both of above

D. None of above

7. An agreement not enforceable by law is called_________________?
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A. Valid agreement

B. Void agreement

C. None of above

D. Voidable agreement

8. Section 142 of the Contract Act 1872 deals with _________________?
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A. Non of these

B. Guarantee obtained by fraud

C. Guarantee obtained by free consent

D. Guarantee obtained by miscrepresentation
9. A hires a carriage of B. The carriage is unsafe though B is not aware of it and A is injured_________________?
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A. B is not responsible to A for the injury

B. B is responsible to A for the injury

C. None of above

D. No one is responsible to each other

10. An agreement which is enforceable by law at the option of one or more of the parties there to but not at the option of other or others is _______________?
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A. A voidable contract

B. A valid contract

C. A void contract

D. All of above

11. The bailment of goods as security for payment of debt or performance of a promise is called_______________?
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A. Pledge

B. Special bailment

C. Both A and B

D. None of above

12. Free consent is defined in section_______________ of the Contract Act?
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A. 14

B. 18

C. 10

D. None of above

13. Section 5, of the Contract Act, deals with________________?
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A. Revocation of proposals and acceptances

B. Communication of contract

C. Acceptance of contracts

D. None of above

14. Section_________ of the Contract Act, deals with enforcement of contract contingent on an event happening?
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A. 30

B. 31

C. 32

D. None of above

15. Reciprocal Contracts means___________________?
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A. None of above

B. Trilateral contracts

C. One sided contracts

D. Bilateral contracts
16. As per section 143, of the Contract Act guarantee obtain by the creditor by concealment is _______________?
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A. Invalid

B. Valid

C. Both A and B

D. None of above

17. The Term Consent means ?
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A. Free mind

B. All of the above

C. Free will

D. Voluntary accordance with or concurrence in what is done or proposed by another

18. Every agreement, by which any party thereto is restricted absolutely from enforcing his rights under or in respect of any contract by the usual legal proceeding in the ordinary tribunal or which limits the time within which he may thus enforce his right ?
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A. Valid agreement

B. Void agreement

C. Both A and B

D. None of above

19. Where both the parties are under mistake as to matter of fact the agreement is_________________?
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A. Void

B. Valid

C. None of above

D. Voidable

20. The Contract Act of 1872 was enacted on_______________?
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A. 25th June, 1872

B. None of above

C. 25th April, 1872

D. 25th May, 1872

21. An unsound person cannot become____________________?
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A. An agent

B. Principal

C. Both A and B

D. None of above

22. The consideration or object of an agreement is lawful unless it is________________?
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A. None of above

B. Forbidden by law

C. Forbidden by custom

D. Forbidden by contractors themselves

23. The person acting employed by under the control of the original gent in the business of the agency is called_______________?
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A. None of above

B. Sub-agent

C. Assistant agent

D. Associate agent

24. In Bailment, bailor is duty bound to disclose fault in goods bailed as provided in section________________?
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A. None of above

B. 148, of the Contract Act

C. 149, of the Contract Act

D. 150, of the Contract Act
25. Section 51, of the Contract Act, 1872 deals with performance of_______________?
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A. Reciprocal promisor

B. Reciprocal Promisee

C. Both A and B

D. None of above

26. Section __________, of the Contract Act deals with enforcement of contracts contingent on an event not happening ?
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A. None of above

B. 33

C. 32

D. 34

27. Any guarantee obtained by means of misrepresentation made by the creditor or with his knowledge and assent concerning a material part of the transaction is_________________?
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A. Valid

B. Invalid

C. Both A and B

D. None of above

28. The Contract Act, 1872 consists ________________ sections?
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A. None of these

B. 248

C. 266

D. 238
29. As son has forged Bs name to a promissory note. B under threat of prosecuting As son obtain a bond from A for the amount of the forged note. If B sues on this bond ?
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A. The Court can accept the suit

B. The Court may set aside the bonds

C. Both A and B

D. None of above

30. Definitions are provided in section ___________ of The Contract Act?
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A. None of these

B. 4

C. 3

D. 2
31. A person employed to do any act for another or to represent another in dealings with third person is called_______________?
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A. Servant

B. Labour

C. Agent

D. None of above

32. A person to whom money has been paid or any thing delivered by mistake or under coercion ?
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A. He is bound to return it

B. It is his discretion if he return

C. Both A and B

D. None of above

33. All the agreements are contracts if they are made by free consent of the parties competent to contract for a ___________ consideration and object ?
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A. Unlawful

B. None of above

C. Lawful

D. Any

34. In spirit of section 189, of the Contract Act agents authority in an emergency is_________________?
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A. Limited depends upon principal permission

B. Unlimited agent can do all necessary act without principal permission

C. Both A and B

D. None of above

35. The delivery of goods by one person to another for some purpose upon a contract that they shall when the purpose is accomplished be returned or otherwise dispose of upon discretion of the delivering person the contract is called___________________?
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A. Indemnity

B. Bailment

C. None of above

D. Contingent Contract

36. The term Bailment means________________?
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A. A delivery of a thing entrusted for some special purpose or object upon a contract

B. Delivery of goods free of cost

C. None of above

D. Delivery of goods without cost for welfare of public

37. Section 178, of the Contract Act 1872 deals with______________?
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A. None of above

B. Pledge by mercantile agent

C. Pledge by international agent

D. Pledge by Trust agent

38. A proposal may be revoked at any time___________________?
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A. Before the communication of its acceptance

B. Before the rejection of its communication

C. Both A and B

D. None of above

39. The term Fraud means ?
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A. Active concealment of fact with knowledge and belief of the fact

B. Doing any act fitted to deceive

C. Both A and B

D. None of above

40. As per section 6 of the Contract Act, 1872 there are _______________ ways for revocation of proposal?
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A. None of above

B. 3

C. 4

D. 2

41. 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

42. 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

43. Section_________ of the Contract Act defined sub-agent?
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A. 191

B. 193

C. None of above

D. 192

44. 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

45. 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
46. When the person to whom the proposal is made signifies his assent thereto the proposal is said to be accepted than its called _________________?
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A. Promise

B. Proposal

C. Agreement

D. None of these

47. Agreement without consideration is___________________?
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A. Valid

B. Voidable

C. None of above

D. Void
48. 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

49. 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

50. A in consideration that B will employ C in collecting the rent of Bs zamindari, promises B to be responsible, to the amount of 5000 rupees for the due collection and payment by C of those rents. This is a________________?
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A. None of above

B. Continuing guarantee

C. Limited guarantee

D. Restricted guarantee