Indian Contract Act - Practice Test

(A) Guarantee

(B) Bailment

(C) Indemnity

(D) Pledge

(A) Guarantee

(A) Only in case of fraud & wilful default

(B) Irrespective of fraud & wilful default, in all cases

(C) Alongwith the agent

(D) Both A and C

(B) Irrespective of fraud & wilful default, in all cases

(A) Enforceability

(B) Money

(C) Force

(D) None of the above

(A) Enforceability

(A) Age of the parties

(B) Soundness of mind of the parties

(C) Both age & soundness of mind

(D) Intelligence of the parties

(C) Both age & soundness of mind

(A) Is invested with all the rights the creditor had against the principal debtor

(B) Is entitled to the every security which the creditor has against the principal debtor

(C) Is entitled to be indemnified by the principal debtor

(D) All the above

(A) Is invested with all the rights the creditor had against the principal debtor

Indian Contract Act - Study Mode