Indian Contract Act - Practice Test

[#766] Inadequacy of consideration is relevant in determining the question of:

(A) Fraud

(B) Misrepresentation

(C) Undue influence

(D) Free consent

Correct Answer

(D) Free consent

[#767] In which of the following instances has the discharge of agreement not been effected?

(A) A promises to paint a picture for B. B afterwards forbid him to do so

(B) A owes B Rs. 5,000. C pays to B Rs. 1,000, which B accepts in satisfaction of his claim against A

(C) A awaits arrival of B to finish the painting for B

(D) A owes B Rs. 2,000 and is also indebted to other creditors. A makes an arrangement with his creditors, including B, to pay them, half of the loan amount. A pays to B Rs. 1,000

Correct Answer

(C) A awaits arrival of B to finish the painting for B

[#768] Match List I containing cases with List II containing respective areas of contract and select the correct answers using the given below: List I List II a. Balfour v. Balfour 1. Frustration of contract b. Felthouse v. Bindley 2. Invitation to receive offer c. Krell v. Henry 3. Intention to contract d. Harvey v. Facey 4. Communication of acceptance to offeror

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

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

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

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

Correct Answer

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

[#769] Any guarantee which the creditor has obtained by means of keeping silence as to material circumstances is:

(A) Valid

(B) Considered to be his approval

(C) Invalid

(D) Considered to be his denial

Correct Answer

(C) Invalid

[#770] X transfers possession or custody of the farmland to his son, S. S shall pay rent or a lease fee in return. S only receives custody and control of the property, but X still owns it. X is thus responsible for paying the property taxes and is liable for what happens on the land. This kind of contract or arrangement is called:

(A) Guarantee

(B) Bailment

(C) Pledge

(D) Set off

Correct Answer

(B) Bailment

Indian Contract Act - Study Mode

[#766] Inadequacy of consideration is relevant in determining the question of:

Correct Answer

[#767] In which of the following instances has the discharge of agreement not been effected?

Correct Answer

Correct Answer

[#769] Any guarantee which the creditor has obtained by means of keeping silence as to material circumstances is:

Correct Answer

Correct Answer