1872 contract act MCQs – Page 2

Practise focused 1872 contract act questions with marked answers for exam preparation and subject revision.

1872 contract act Mcqs

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

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