Indian Contract Act - Practice Test

[#501] Match List I with List II and select the correct answers using the from the list given below: List-I List-II a. Breach of Contract 1. Impossible to Perform b. Revocation of Offer 2. Same thing in the same sense c. Consent 3. Compensation d. Frustration 4. Lapse of stipulated time

(A) a-1, b-3, c-4, d-2

(B) a-2, b-4, c-1, d-3

(C) a-3, b-1, c-2, d-4

(D) a-3, b-4, c-2, d-1

Correct Answer

(D) a-3, b-4, c-2, d-1

[#502] Ramaiah and Laxmaiah jointly owe Rs. 10,000 to Sattaiah, Ramaiah pays the amount to Sattaiah. Laxmaiah not knowing this fact again pays Rs. 10,000 to Sattaiah. In law he is bound to repay the amount to Laxmaiah. Which provision of India Contract Act 1872, contains the principle?

(A) Section 73

(B) Section 83

(C) Section 93

(D) Section 72

Correct Answer

(D) Section 72

[#503] Which one of the following agreements is not void?

(A) A agrees with B to discover treasure by magic

(B) A agrees to sell B 'hundred tons of oil' without specifying in any manner what kind of oil was intended

(C) The plaintiff and the defendant were rival shopkeepers in a locality in Kolkata. The defendant agrees to pay a sum of money to the plaintiff if he would close his business in that locality. The plaintiff accordingly did so, but defendant refused to pay

(D) A at his own volition agrees to sell his horse worth Rs. 10000 to B for Rs. 10 only

Correct Answer

(D) A at his own volition agrees to sell his horse worth Rs. 10000 to B for Rs. 10 only

[#504] Unconscionable contract is an:

(A) Agreement that is so outrageously unfair to one party that a Court refuses to enforce it in a Court of law

(B) Agreement that is so outrageously unfair to one party which can still be enforced it in a Court of law

(C) Either (A) or (B)

(D) None of these

Correct Answer

(A) Agreement that is so outrageously unfair to one party that a Court refuses to enforce it in a Court of law

[#505] Accord and satisfaction are terms related to

(A) Performance of contract

(B) Impossibility of performance of contract

(C) Breach of Contract

(D) Contingent Contracts

Correct Answer

(C) Breach of Contract

Indian Contract Act - Study Mode

[#501] Match List I with List II and select the correct answers using the from the list given below: List-I List-II a. Breach of Contract 1. Impossible to Perform b. Revocation of Offer 2. Same thing in the same sense c. Consent 3. Compensation d. Frustration 4. Lapse of stipulated time

Correct Answer

[#502] Ramaiah and Laxmaiah jointly owe Rs. 10,000 to Sattaiah, Ramaiah pays the amount to Sattaiah. Laxmaiah not knowing this fact again pays Rs. 10,000 to Sattaiah. In law he is bound to repay the amount to Laxmaiah. Which provision of India Contract Act 1872, contains the principle?

Correct Answer

[#503] Which one of the following agreements is not void?

Correct Answer

[#504] Unconscionable contract is an:

Correct Answer

[#505] Accord and satisfaction are terms related to

Correct Answer