Indian Contract Act - Practice Test

[#636] Which statement is wrong regarding "agency" under the Indian law of contract?

(A) Principal should be competent to contract

(B) The authority of agent may be expressed or implied

(C) Consideration is necessary to create an agency

(D) Guardian of a minor can appoint an agent for him

Correct Answer

(C) Consideration is necessary to create an agency

[#637] In case of Breach of Contract, the principles for assessment of damages are given in:

(A) Hyde v. Wrench

(B) Hadley v. Baxandale

(C) Scotf v. Jodine

(D) Carlil v. Carbolic Smoke Ball Co.

Correct Answer

(B) Hadley v. Baxandale

[#638] Which one is the famous case related with the general offer?

(A) Lalman Shukla v. Gauri Dutt

(B) Mohori Bibee v. Dharmodas Ghose

(C) Carlill v. Carbolic Smoke Ball Co.

(D) MacPherson v. Appanna

Correct Answer

(C) Carlill v. Carbolic Smoke Ball Co.

[#639] The principle "Restitution stops where repayment begins" can be applied against

(A) An alien enemy only

(B) Any incapable person

(C) Lunatics and idiots only

(D) Minors only

Correct Answer

(D) Minors only

[#640] Which of the following is correct

(A) Agency stands terminated by the destruction of subject matter of agency

(B) Agency stands terminated by happening of an event rendering the object of the agency unlawful

(C) Agency stands terminated by the frustration of the objects of agency due to impossibility

(D) None of the above

(E) Pledge made by a mercantile agent is valid

(F) Pledge made by a person in possession under voidable contract is valid

(G) Pledge by a person having a limited interest is valid to the extent of that interest

(H) All the above

Correct Answer

(D) None of the above
(H) All the above

Indian Contract Act - Study Mode

[#636] Which statement is wrong regarding "agency" under the Indian law of contract?

Correct Answer

[#637] In case of Breach of Contract, the principles for assessment of damages are given in:

Correct Answer

[#638] Which one is the famous case related with the general offer?

Correct Answer

[#639] The principle "Restitution stops where repayment begins" can be applied against

Correct Answer

[#640] Which of the following is correct

Correct Answer