Indian Contract Act

A has bought a house for Rs 50,000. Which of the following right is available to A after the purchase?

There are two important theories of doctrine of frustration, viz., theory of implied term and

A, without the request of anybody, extinguishes the fire of B's Godown. A suffers injury thereby. If B promises to compensate A for the whole amount he has spent for his treatment, then the contract is-

As per Contract Act, 1872, Match List-I with List-II and select the correct answer by using the given below the lists. List-I List-II a. Promises express or implied 1. Section 15 b. Coercion 2. Section 9 c. Undue Influence 3. Section 18 d. Misrepresentation 4. Section 16

"A" supplies "B" a lunatic, with necessaries suitable to his condition in his life. Whether "A" is entitled for reimbursement from the property of "B"-

A being the owner of a plot of land, sells the same to B through a registered sale deed in the year 2005. B however does not make full payment to A. A again sells the same land to C in the year 2010 without informing him of the earlier transaction of 2005. Who would be the person aggrieved in these circumstances:

"Active concealment of fact" is associated with which one of the following?

Pre-contract expenditure may be recovered as damage:

A delivers a piece of cloth to B a tailor to be stitched into a suit and to be returned to A. The contract between A and B is a contract of

When two or more persons have made a joint promise, then, unless a contrary intention appears from the contract, all such persons must fulfil the promise:

Under Section 74 of the Indian Contract Act, 1872 the Court cannot award damages

A contract implied by law is known as:-

A sum fixed before hand as amount of compensation payable in the event of breach of contract is called

Consider the following statements: 1. An agreement made without adequate consideration is void. 2. A written and registered agreement made on account of a natural love and affection between the close relatives is not valid without adequate consideration. Choose the correct option from below:

Who can become an agent

In which of the recent cases has Supreme Court held that 'there can only be an assignment of rights arising under a contract, but not the burden of a contract'?

Hadley v. Baxendale is a leading case on

A fraud has been discovered by a party in a contract and lodged a criminal case, afterwards that the parties agreed to withdraw the case as only compensate the disadvantageous party such contract is

A guarantee which the creditor has obtained by means of keeping silence as to a material circumstance is-

Which one of the following is the correct sequence in a claim for damages for breach of contract?

A, B and C as sureties for D, enter into three several bonds, each in a different penalty, namely, A is the penalty of Rs. 10,000, B is that of Rs. 20,000 and C in that of Rs. 40,000 conditioned for D's duly accounting to E. D makes default to the extent of Rs. 30,000. The liabilities of A, B and C are

A promises to deliver goods to B on a certain day on payment by B. A dies before that day:-

A agrees to sell a horse of worth Rs, 5,000 for Rs. 1,000 to B. A's consent to the agreement was freely given. The agreement is

Indian Contract Act:- A, a tradesman, leaves goods at B's house by mistake. B treats the goods as his own. He is bound to pay A for them

A proposal can be accepted

A contract by which one party promises to save the other from loss caused to him by the conduct of the promisor himself, or by the conduct of any other person, is called

Undue influence has been defined under Section . . . . . . . . of the Indian Contract Act, 1872

The legal principle, which was laid down in the case of Harvey v. Facey, was firstly followed by the Supreme Court of India in which of the following cases?

Which of the following cases is related to 'doctrine of frustration'?

The juristic concept of contract consists of

Consider the following objectives of the law relating to damages: 1. Enrich the party who has sustained loss by breach of contract. 2. Punish the party who has committed the breach of contract. 3. Put the party, who sustained the loss, in the same position as if the contract has been performed. Which of the statements given below is/are correct?

When there is a breach of contract, special damages are awarded:

The act of submission of a tender is:

Under which provision of Indian Contract Act the bank guarantee is governed

The following rules as to consideration is true:

Inadequacy of consideration could be taken into account by the court

Consent for a contractis free when it is caused by

In Indian Contract Act, the responsibility of finder of goods is provided under

Which one of the following statements is not correct?

A promise to pay wholly or in part a debt of which the creditor might have enforced payment, but for the law for the limitation of suits is a contract:

A having advanced money to his son, B, during his minority, upon B's coming of age obtains, by misuse of parental influence, a bond from B for a greater influence, a bond from B for a greater amount than the sum due in respect of the advance. A employs

An agreement without consideration is void unless:

The doctrine of supervening impossibility will not apply in the following cases 1. Difficulty in performance 2. Outbreak of war 3. Commercial impossibility 4. Strikes, Lock-outs and civil disturbances

Principle: If any person enters into wagering or betting agreements, such agreements would be illegal and cannot be given effect for enforcing obligations. Fact: Akbar enters into an agreement with Birbal that if he pays Akbar a premium of Rs. 500 per annum and Birbal's house is devastated by fire within one year of entering into the agreement, Akbar shall make good the loss suffered by Birbal.

Match List-I with List-II and select the correct answer under the given below the lists: List I List-II a. Mohiri Bibi Case 1. Remoteness of damage b. Satyabrata Chose Case 2. Frustration of Contract c. Hadley v. Baxendale 3. Invitation to treat d. Carlill v. Carbolic 4. Minor's contract

Under the Indian Contract Act, a proposal when accepted becomes:

A' agrees to sell to 'B' a hundred tons of oil. There is nothing whatever to show what kind of oil was intended. The agreement is:

No consideration is necessary to create

An acceptance may be revoked at any time before the communication of its acceptance is complete:

In India, the doctrine of impossibility of performance of a contract being void, is based on

The term "consensus ad idem" means-

Read the following carefully: (1) Where once time has begun to run, no subsequent disability or inability to institute a suit or make an application stops it. (2) In the case of continuing breach of contract or in the case of a continuing tort, a fresh period of limitation begins to run at every moment of time during which the breach or the tort, as the case may be, continues. Of the above:

The acceptance given by A on B's invitation for lunch over phone is not a contract because of which one of the following?

"If the parties to a contract agree to substitute a new contract for it, or to rescind or alter it, the original contract need not be performed." The statement relates to:

A contract, which ceases to be enforceable by law, ceases to be enforceable. It is known as

If the promisee accepts the anticipatory breach committed by the promisor, then

A agrees to pay B Rs. 1,000 if B will marry to A's daughter C. C was dead at the time of the agreement. The agreement is

Every person is competent to contract

A proposes, by a letter sent by post, to sell his house to B. When is the last point of time when A can revoke the proposal?

A master asks his servant to sell his bike to him at a price less than the market price. This contract can be avoided by the servant on the ground of:

X, a trader, leaves goods at Y's house by mistake. If Y uses the goods, then which one of the following is correct when X demands the price of goods and Y refuses to pay?

A contingent agreement based on an impossible event under section 36

Under the Indian Contract Act consideration

Which of the following is not correctly matched?

In which case it has been laid down that a promise to pay subscription is binding on the promisor if promisee has undertaken some liability on the faith of the promisee:

X' hires a carriage of 'Y'. The carriage is unsafe, though 'Y' is not aware of it and 'X' is injured. For the injury to 'X', 'Y' is-

In law of contract Bailor in pledge is called

Which of the following is correct? A valid consideration

In which of the following cases a proposal can be revoked when it is made by post?

Consider the following statements with regard to the consequences of breach of contract. 1. In case of breach of contract, the party who suffers is entitled to receive compensation for any loss or damage caused to him thereby, which the parties knew, when they made the contract, to be likely to result from the breach of it. 2. Such compensation is to be given for any remote and indirect loss or damage sustained by reason of the breach. Which of the statements given above is/are correct?

The Contract Act, 1872 consists . . . . . . . . sections

The loss or damage arising from a breach of contract has to be ascertained

A leaves a cow in the custody of B to be taken care of. The cow has a calf. In the absence of any contract to the contrary-

A, who is B's 'mukhtar', promises to exercise his influence, as such, with B in favour of C, and C promises to pay Rs. 20,000 to A. The agreement is

A void contract is a contract which

Bank of India v. O. P. Swarankar, AIR 2003 SC 858 is an important judgment on the following issue:

An agreement in connection with horse racing under Section 30 is

A', a tradesman leaves his goods at B's house by mistake. 'B' uses the goods as his own. Then:

A minor's agreement

Which of the following is/are exceptions to the doctrine of privity of contract?

A, the captain of B's ship, signs of bill of lading without having received on board the goods mentioned therein. As between B and pretended consignor is concerned the bill of lading are

In which case of the following, an agreement without consideration may be a contract?

An agreement by a debtor not to raise the plea of limitation is:

In order to render a contract void on the ground of mistake, the mistake may be:-

Del oredere agent is a kind of:

A contract may be vitiated by (1) fraud (2) mistake (3) frustration (4) undue-influence

In the case of an alternative promise, one branch of which is legal and the other illegal-

A agrees to sell to B a certain quantity of gunny bags deliverable on a future day. Before the due date, B assigns his beneficial interest in the contract to C. A commits a breach of contract. Which of the following is correct?

Consider the following statements regarding fraud and misrepresentation: 1. Both render the contract voidable. 2. Misrepresentation is a cause of action in tort for damages. Which of the statements given above is/are correct?

. . . . . . . . Implies a contract though the parties never expressed their intention to enter into a contract.

Match List I with List II and select the correct answer using the given below the lists: List I List II a. Invitation to offer 1. Upton Rural District Council v. Powell b. Anticipatory breach 2. Hochester v. De La Tour c. Restitution 3. Harvey v. Facie d. Implied contract 4. Leslie (R) Ltd. v. Sheill

The remedy of compensation given in the case of breach of contract is given under which section of The Indian Contract Act?

Minor's contract is

. . . . . . . . is without any legal effect and cannot be enforced in a Court of Law.

If a person accepts a lesser amount in discharge of the whole debt than what was contracted between the parties is known as

Assertion (A): Agreement without consideration is void. Reason (R): Consideration may be given by promisee or any other person.

A Contracts with B to beat his business competitor. This is an example of

An agreement made without consideration is void, unless it is a promise to compensate, wholly or in part, a person who has . . . . . . . . done something for the promisor, or something which the promisor was legally compellable to do

A holds out a pistol over his own head and threatens to shoot himself if a release deed is not signed by his wife in favour of his brother. A's wife signs the release deed. The consent to the agreement is caused by:

In the case of Mohori Bibee v. Dharmodas Ghose, the law that an agreement by a minor is void was settled by the Privy Council on the basis of Section 11 and other related provisions of the Indian Contract Act, 1872. Which principle of interpretation was applied by the Privy Council in this case?

An agent cannot claim remuneration for his misconduct under

A and B agrees that A shall pay B 1,000 rupees, for which B shall afterwards deliver to a either rice or smuggled opium. Which of the following is correct?

A lends Rs 10 lakh to B for a year, After one year A's right to recover the money from B is a

Responsibility of finder of goods under Section 71 of the Indian Contract Act, 1872 is like

The rule laid down in Adam v. Lindsell was approved by the House of Lords in

An agreement enforceable by law at the instance of one party & not of other party under section 2(i) is called

An agreement curtailing the period of limitation has been distinguished from an agreement resulting in the release or forfeiture of the rights if an action is not brought within a certain period. Such clauses are generally there in

Threat to strike is

A' agree with 'B' to discover treasure by magic. Under Indian Contract Act, the agreement is-

A contingent contract to do or not to do anything on the happening of an uncertain future event under section 32

When the consent to an agreement is caused by misrepresentation or by silence, fraudulent within the meaning of Section 17 and the party whose consent was so caused had the means of discovering the truth with ordinary diligence, then

In which one of the following conditions, can an agent sub-delegate his authority to another person?

A local development authority announced a housing scheme and accepted applications under it, subsequently finding that the scheme was in violation of the Master Plan cancelled it.

In which of the following cases a contract may be specifically performed?

"Contract of indemnity" is defined in which section of Indian Contract Act

A who is a minor takes loan from B. On attaining majority. A executes a bond in favour of B for the loan taken during the minority. Is A liable?

In case of acceptance by post, at what point the acceptance is complete as against the proposer?

A' a tradesman, leaves goods at B's house by mistake. 'B' treats the goods as his own. Which one of the following remedies is available to 'A'?

X owes Rs. 10,000 to Y under a contract. It is agreed between X, Y & Z that Y shall henceforth accept Z as his debtor instead of X for the same amount. Old debt of X is discharged and a new debt from Z to Y is contracted. This is:

A' says to 'B' that he will give a sum of rupees 5000 if B marries his daughter. This is:

Agreement on the basis of mistake of one party under the Indian Contract Act, 1872 is

C, advances to B, his tenant Rs. 2,000 on the guarantee of A. C has also a further security for Rs. 2,000 by a mortgage of B's furniture. C cancels the mortgage. B becomes insolvent and C sues A on his guarantees.

Quantum meruit means:

Under Indian Contract Act Publication of notice inviting tender is-

For the acts of the substituted agent

Consideration should be something in return of promise which

A makes a contract with B to buy B's horse if A survives C.

Unlawful detaining or threatening to detain any property with the intention of causing any person to enter into an agreement would amount to which one of the following?

A contracts with B to repair B's house. B neglects or refuses to point out to A the places in which his house requires repair.

Match List-I with List-II and select the correct answer using the given below: List-I (Types of Vitiating elements of a contract) List-II (Relevant case-law) a. Undue influence 1. Nursey Spg. and Wvg. Co. Ltd., Re b. Misrepresentation 2. Jaggan Nath v. Secy of State for India c. Fraud 3. Lancashire Loans v. Black d. Mistake 4. Derry v. Peek

A lends rupees one lakh to B and B promises to repay it with interest @ 12% per annum after one year. The agreement also provides that if the amount is repaid within six months, the rate of interest will be 10%. The stipulation is

Which of the following statement is incorrect?

If parties to an agreement are under a mistake as to a matter of fact essential to the agreement:

Under Indian law consideration may be:

Match List-I with List-II and select the correct answer using the given below: List-I List-II a. Proposal 1. Grainger & Son v. Gough b. Invitation to make an offer 2. Maharashtra Rajya Sahakari Kappas Utpadak Panan Mahasabha Ltd. v. Manga Bhaga Chaudhary c. Communication of acceptance of offer by acceptor himself 3. Henthorn v. Fraser d. Revocation of offer 4. Powell v. Lee

A sells, by auction, to his daughter, a horse which 'A' knows to be unsound and 'A' says nothing about the horse's unsoundness

An agreement to commit a tort is

Which of the following is not a bar to the right to rescind the contract in cases of misrepresentation?

With the termination of authority of an agent

On approval of tender

X, being in debt to Y, the moneylender of his village, contracts a fresh loan on terms which appear to be unconscionable. That the contract was not induced by undue influence is to be proved by:

Contract Forbidden by Law are

To convert a proposal into a promise the acceptance must be:

Which of the following statements is not correct?

When is the inadequacy of consideration taken into account by a court of law?

Quasi contract emerged from:

The Indian Contract Act, 1872 became operative from the date of

Contingent agreements to do or not to do anything, if an impossible event happens . . . . . . .

A' makes a contract with 'B' to buy his house for Rs. 50,000 if he is able to secure a bank loan for that amount contract is:

A proposes, by letter sent by post, to sell his house to B. The proposal of A is accepted by B by letter sent by post. When can A revoke his proposal?

An agreement without consideration is

Read Assertion (A) and Reason (R) and answer using given below: Assertion (A): Compensation is recoverable for any loss or damage which the parties knew at the time of the contract as unlikely to result from the breach of the contract. Reason (R): Because above rule is laid down in Hadley v. Baxendale case.

Where A a tenant, pays the property tax on behalf of owner B, who is bound to pay it, A is

A contract caused by mistake of law not in force in India:

A frustration of contract entails if the performance is

An agreement to refer the dispute to the arbitrator is valid

Whether all agreements made without consideration are void?

A contract with B to pay B Rs. 1,000 if he fails to pay B Rs. 500 on that day.

Where one of the parties is under a mistake as to matter of fact the contract is

Which of the following deals with "Continuing guarantee" in the Indian Contract Act, 1872?

Creditor is a person

Which of the following act does not constitute fraud under the Indian Contract Act, 1872?

When a surety to a bond dies before, the bond is forfeited. The liability in respect of bond:

Section 73 of the Indian Contract Act incorporates rules from which of the following cases?

What is an agreement to discover a treasure by magic?

In cases of acceptance on phone, the contract is made

The consideration or object of an agreement is lawful, unless:

Parties by their consent/agreement-

When consent to an agreement is caused by coercion, fraud or misrepresentation:

A void agreement is void ab intio but a void contract is not void ab intio.

Agreement, the meaning of which is not certain or not capable of certainty, is

An agreement in restraint of the marriage of any person other than a minor is:

A tells B that he will pay him Rs. 1,000 when he turns 30. Is this a contingent contract?

Where persons reciprocally promise, firstly to do certain things which are legal and secondly, under specified circumstances, to do certain oth hings which are illegal the

A continuing guarantee under Section 130 is

Which contract is void ab initio?

A person appointed by an agent under the authority of Principal is known as:

When the consent is caused by misrepresentation, the contract under section 19 is

Consider the following statements and give correct answer with the help of given below: The case of Mohori Bibee v. Dharmodas Ghose: (1) has laid down that a minor's contract becomes valid when he attains majority. (2) is the decision of the Supreme Court of India regarding minor's contract. (3) is the decision of Privy Council regarding voidness of minor's contract. (4) has laid down that contract without consideration is void.

In case of fraud & wilful wrong by the subagent

A contracts with B to pay him a large sum of money when he marries C. B married D instead. He now asks for the money. Is the contract now void?

What is committing or threatening to commit any act forbidden by the IPC, or the unlawful detaining or threatening to detain any property to the prejudice of any person with the intention of causing any person to enter into an agreement called?

A contract can be specifically enforced:

Ratification takes effect

Indian Contract Act:- An agreement to remain unmarried is-

An agreement of wager is-

In order to convert a proposal into a promise

A supports B's infant son. B promise to pay A's expenses in so doing.

In case of a gratuituous bailment, the bailee is

Consider the following statements: 1. An agreement in writing based on natural love and affection between near relatives is enforceable without consideration. 2. An agreement to which consent of the promisor is freely given is not void merely because the consideration is inadequate. Which of the statements given above is/are correct?

Arrange the following concepts in sequence in which they occur, using the given below: (1) Offer is communicated (2) Counter-offer is made (3) Offer is rejected (4) Counter-offer is accepted

Match List I with List II List I Lis II a. Carlill v. Carbolic Smoke Ball Co. 1. Offers at large b. Fisher v. Bell Tinn 2. Invitation to treat c. Tinn v. Hoffman 3. Question of price d. Harvey v. Facey 4. Cross offers

Which one of the following elements is not necessary for a contract?

In determining the amount of any compensation awarded under section 21 of the Specific Relief Act, the court shall be guided by the principles specified in section . . . . . . . . of the Indian Contract Act, 1872

What is the terminology used to describe a situation when two parties make identical offers to each other in ignorance of each other's offer?

A agrees to pay Rs. 1,000 to B without consideration. This agreement is

All agreements are contract if . . . . . . . .

Consider the following statements: 1. Moses v. Macferlan is a prominent example of theory of unjust enrichment as propounded by Lord Mansfield. 2. According to this theory, the demands of justice and equity is to prevent the unjust enrichment of one person at the cost of another. 3. Sinclair v. Brougham has propounded the theory of "Implied-in-fact" contract to elaborate the nature of Quasi Contracts. Choose the correct option from below:

A agrees to pay B a sum of Rs. 5,000 if two straight lines should enclose a space. The agreement is

Surety on payment or performance of his liability, against the principal debtor

Which of the following deals with contract caused by mistake of one party as to matter of fact in the Indian Contract Act, 1872?

Under section 2(c) promisor is the

A contract is voidable under section 21

The plaintiff sees the defendant's child falling in water. He saves the child from drowning. Later the defendant promises to give him Rs. 1,000. In this regard which one of the following propositions is correct.

Read the following statements and give the correct answer by using the given below: Assertion (A) : A perfect duty is one which a person not merely ought to perform, but may be justly compelled to perform. Reason (R): A perfect duty is one which is not merely recognized by law but enforceable.

An agreement to do an act impossible in itself under section 56 is

The nature of 'wagering agreement' was explained in-

Match List-I with List-II and select correct answer using the given below the lists- List-I List-II a. Novation 1. Sec. 70 I.C.A. b. Unjust enrichment 2. Sec. 62 I.C.A. c. Party competent to contract 3. Sec. 15 I.C.A. d. Dispossession of property induced by threat to cause death 4. Sec. 11 I.C.A.

X holds land on a lease granted by Y. The revenue payable by Y to the Government being in arrears, the land is advertised for sale by the Government under the relevant law, the consequent of which is annulment of 'X's lease. 'X' in order to prevent the sale & consequent annulment of lease pays the dues of Y to the Government

A' and 'B' enter into a contract, whereunder 'A' agrees to pay 'B' a sum of money, against delivery of either furniture or ivory. Trade in ivory is prohibited by law.

Moses v. Macferlan (1555-1774) is a case relating to

Which of the following act will not amount to 'fraud' within the meaning of Section 17 of The Indian Contract Act?

The doctrine of impossibility of performance rendering contracts void is based on

A agrees to pay 'B' a sum of money, if 'B' marries 'C'. 'C' marries 'D'. The agreement is:

An authority given by two or more principals can be terminated

When the court is unable to assess damages, the aggrieved party may be awarded:

What is the term used to describe a guarantee which is intended to cover a number of transaction over a period of time?

A enters into contract with B. In this, B is guilty of fraud. A can now

A 'contract of pledge' is a contract of

Where there are two courts which would normally have the jurisdiction, an agreement to file suit in one of those courts alone, is

Under the Indian Contract Act

Which of the following deals with enforcement of contracts contingent on an event happening in the Indian Contract Act, 1872?

When consideration or object of an agreement is partly unlawful, under Indian Contract Act, 1872 the agreement is:

"In pari delicto" means:

Where one of the joint promisors makes a default in contribution of performance

A proposal is revoked:

A counter offer is:

Contract Act - Liability of the surelty is

A agrees to sell his scooter worth Rs. 10,000 to B for Rs. 5000 only and as consent was obtained by coercion. Here the agreement is

Which one of the following contracts has time as the essence of the contract-

Communication of acceptance is complete as against the proposer

A' promises to obtain for 'B' an employment in public service and 'B' promises to pay Rs. 1,000 to 'A', the agreement between 'A' and 'B':

Goods displayed in showcase of a shop with price tag is

Special damages will be awarded in case of a breach of contract:

With reference to 'fraud' and 'misrepresentation', which of the statement/s is/are correct? (1) Both render the contract voidable. (2) Fraud renders a cause of action in tort for damages. (3) Simple misrepresentation is also a tort. Select the correct answer using the given below:

Which country does not recognize a past consideration?

Every agreement in restraint of the marriage on any person other than a minor-

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 according to the direction of the person delivering them, is a contract of:

An agreement is void if its object or consideration is

Find out the correct answer. A makes a promise to pay Rs. 4,500 to X, Y and Z. X dies. In the absence of any contract

A continuing guarantee may at any time be revoked by the surety by notice to the creditor:

Finder of a lost thing which is commonly the subject of sale, may sell it when the lawful charges of the finder, in respect of the thing found amount to-

Which decision has laid down the principle that contract by a minor is void ab initio?

A entrusts B with negotiable instruments endorsed in blank. B sells them to C in violation of private orders from A. The sale is

One of the basic principles of the common law of contract is:

Indian Contract Act:- 'A' enters into a contract with 'B' to sell him 100 bales of cotton, and afterwards discovers that 'B' was acting as agent for 'C'. For the price of the cotton 'A' may sue-

Which of the following is not an essential of a valid contract?

The rights concerning a contract are decided by

A and B of Srinagar entered into a contract on 1 st September, 2006 as per the provisions of the Indian Contract Act. Can they enforce the contract?

Which one of the following combinations is correctly matched? (1) Responsibility of finder of goods Sec. 71 (2) Surety's liability Sec. 128 (3) Sub-agent Sec. 191 (4) Bailee's particular lien Sec. 171 Select the correct answer using the given below:

According to section 16(1), Indian Contract Act: "A contract is said to be induced by "undue influence" where the . . . . . . . . . between the parties are such that one of the parties is in a position to dominate the will of the other and uses that position to obtain an unfair advantage over the other."

Given below are two statements, one labeled as Assertion (A) and the other labeled as Reason (R). Read the statements and choose the correct answer using the given below. Assertion (A): The communication of a proposal is complete when it comes to the knowledge of the person to whom it is made. Reason (R): Section 4 of the Indian Contract Act, 1872 deals with the issue of completeness of communication.

Contract Act- Give Correct response A Promises B to drop a prosecution which he has instituted against B for robbery and B promises to restore the value of the things taken

The case Nash v. Inman, (1908) 2 KBI related to-

An agreement entered into with free consent and lawful but with inadequate consideration is

Which of the following deals with agreement in restraint of marriage void in the Indian Contract Act, 1872?

Ghanshyam and Afzal are good friends. They are traders and together keep on doing business transaction very often. In April 2016, they enter in a contract. Afzal has certain confidential information from his private sources about some change in prices that would affect Ghanshyam's willingness to proceed with the contract. As per Indian Contract Act, 1872, identify which of the following is applicable.

A's son forged B's name to a promissory note. B under threat of prosecuting A's son obtains a bond from A for the amount of the forged note. If B sues on this bond the court

In a valid contract, what comes first

For the purpose of pledge, delivery of possession of goods

The acceptance must be

When consent to an agreement is caused by misrepresentation under Indian Contract Act, 1872 the agreement is:

An agreement not enforceable by law is said to be:

Mistake as to law in force in India makes the contract:

"Commercial impossibility is no impossibility at all." This rule of law was laid down by the Supreme Court in the case of

Mohit lends Rs. One Lakh to Som where Narain was the surety. The contract in this transaction provided that the liability of Narain is limited to Rs. 50,000. The contract is:

A consent is said to be free when it is not caused by:

When the pawnor has obtained possession of the goods pledged by him 1872, National Textile Corporation Ltd. under a contract voidable u/s 19 or 19A is of the Contract Act and if the contract is not rescinded at the time of pledge, the pawnee acquires . . . . . . . .

The principle contained under Section 73 of Indian Contract Act is based on:

What happens to a continuing guarantee in case of surety's death:

"When contract is broken then can an aggrieved party sue only for losses or damages which naturally arose out of the breach as also for other losses or damages which are result of breach of contract". In view of this statement, which of the following is correct?

. . . . . . . . Is forbidden by law. The Court will not enforce such a contract.

The doctrine of undue influences was evolved by the

The principle of 'force majeure' emanates from which provision of the Indian Contract Act, 1872?

Which of the following cases is related to the issue of minority in the Contract law?

An offer was sent by post, the acceptor wrote 'accepted' on the letter, put it in his drawer and forgot about it. The transaction is a

Indian Contract Act:- Inadequacy of consideration is relevant in determining the question of-

Earnest money is the sum of money deposited for the performance of the contract, so which is not correct

The two main competing definitions of contract in the common law are:

A is a tenant of B. A is interested in payment of property tax which B is bound by law to pay. A pays the tax on behalf of owner B because B was not willing to pay it. A is:

A' contracts to sing for 'B' at a concert for Rs. 1,000 which are paid in advance. 'A' is too ill to sing. Then:

X hands over her expensive saree for cleaning to a dry cleaner who loses the same. X claims the total value of the saree. The dry cleaner refers to a clause printed in the contract receipt which states that the dry cleaner can be held liable for Rs. 50 or 10% of the original value of the cloth only, whichever is less. Which one of the following propositions holds good to explain the correct position of law on the point?

Doctrine of unjust enrichment' was laid down by the Supreme Court in which one of the following cases?

Consider the following statements: 1. When consent to an agreement is caused by undue influence, the agreement is a contract voidable at the option of the party whose consent was so caused. 2. Where both the parties to an agreement are under a mistake as to a matter of fact essential to the agreement, the agreement is void. Which of the statements given above is/are correct?

Whether consideration under a contract, for the contract to be valid, can only be exchanged between the parties to the contract, and not by or between third persons who are not parties to the contract?

Which one of the following facts constitutes a Contingent Contract?

An agreement which is enforceable by law at the option of one or more of the parties thereto, but not at the option of the other or others, is a

When the consent of a party to a contract is caused by coercion, the contract is:

Drawing cash form ATM, sale by fall of hammer at an auction sale, etc., are example of

Under Indian Contract Act, where both parties are under mistake as to matter of fact, the agreement is

When a minor is supplied with necessaries of life, the supplier:

A', a businessman, leaves goods at 'B's house by mistake. 'B' treats the goods as his. Is 'B' liable to pay?

Under the Indian Contract Act, 1872, in which of the following cases, the presumption of agents personal liability does not arise?

What is contract of indemnity:

Consider the following statements with regard to "uberrimae feidei" and find out which of them is correct. 1. It falls within a class of cases which require utmost good faith 2. Every contract is a contract uberrimae feidei 3. A contract of insurance is an example of uberrimae feidei

A without authority of B lends money of B to C. Afterwards, B accepts interest on money from C. What does B's conduct lead to?

The pawnee has a right to retain the goods pledged:

"B" accepts the proposal of "A" by posting a letter of acceptance to "A". This acceptance-

When the consent to the contract is caused by coercion, the contract under Section 19 is

An agreement to remain unmarried under Section 26 of the Indian Contract Act is

Which of the following is not an essential element of a contract?

Which of the following is not relevant in determining of quantum of damage

As per section 4 of the Indian Contract Act, 1872, an offer is said to be accepted:

An agreement consideration is

Which one of the following observations is most appropriate of the given problem? "A agrees to serve B as his house keeper and also to live in adultery with him at a fixed salary of Rs. 400 per Month"

Consider the following statements- (1) Performance of a legal duty is no consideration for a promise. (2) Forbearance to sue has always been regarded as valuable consideration. (3) It is not necessary that consideration should be adequate to the promise. Which of the above statementls is/are correct?

X purchases a deep-freezer. As an 'offer', a free iron box was given as a gift along with the purchase. The iron box did not work properly and burnt X is expensive coat. Can X claim damages and ask for replacement of the iron box?

A minor enters into agreement representing himself to be major Consider the following statements: 1. Minor commits fraud if the other party does not have personal knowledge of his age 2. Such agreement is enforceable 3. The doctrine of estoppel does not apply in minor's case 4. Other party is entitled to get back the benefit passed to minor, if innocent about his age Which of the statements given above are correct?

The damages under section 73 of Indian Contract Act are

A and B orally settle a dispute with the help of C. This oral settlement is:

Consider the following statements: 1. The minor is estopped from setting the defence of minority when by misrepresenting his age minor himself has induced the other party to enter into agreement with him. 2. Section 11 of the Indian Contract Act, 1872 declares that only minors and persons of unsound are incompetent to make contract.

Principal is a

A contract performance of which becomes impossible or unlawful becomes

In estimating the damage

Surety stands discharged

Section 74 of the Indian Contract Act, 1872 applies-

Which statement is incorrect?

Under Indian Contract Act, 1872, A promises B to drop a prosecution which he has instituted against B for robbery, and B promises to restore the value of the things taken. The agreement is

Match List-I with List-II and select the correct answer using the given below the lists: List-I Lis-II a. Counter-Proposal 1. A. K. A. S. Jamal v. Maola Dawood b. Damages for breach 2. Hindustan Co-op. Insurance Societies v. Shyam Sunder c. Acceptance by conduct 3. Hyde v. Wrench d. Commercial Hardship 4. Ganga Saran v. Ram Charan Ram Gopal

Read Assertion (A) and Reason (R) and answer using the given below: Assertion (A): A contract is a property in the nature of a promise supported by some consideration upon which either the remedy of specific performance or that of damages is available. Reason (R): Above principle is laid down in Sunrise Associates v. Govt. of NCT of Delhi?

Under Indian Contract Act, which of the following contracts is not a valid contract?

The liability of bailee, as regards the goods is equivalent to that of

Section 74 applies to

Which of the following deals with agreements by way of wager, void in the Indian Contract Act, 1872?

A sells his property worth Rs. one crore to B for Rupees one lac. Is the contract enforceable?

Inadequacy of consideration does not make the contract

X applied for the post of Principal of a local college and the governing body passed a resolution appointing him. After the meeting, one of the members of the governing body privately informed him of the resolution. Subsequently, the resolution was rescinded. X claims damages. In this context, which one of the following propositions is correct?

B' says to 'A' - "If you do not deny it, I shall assume that the horse is sound". 'A' says nothing. Here 'A's silence is equivalent to speech. This illustration is based on

Under Indian Contract Act, an agreement which is enforceable by law at the option of one or more of the parties thereto, but not at the option of the other or others, is

If instead of avoiding the contract the contractor accepts the belated performance of reciprocal obligation on the part of the employer, the innocent party i.e., the contractor, cannot claim compensation for any loss occasioned by the non-performance of the reciprocal promise by the employer at the time agreed, unless at the time of such acceptance, he gives notice to the promisor of his intention to do so. In which case it was held

An agreement enforceable at law is a

The communication of an offer or proposal is complete:-

In which of the following there is no contract?

A threat to commit suicide in performance of the contract amounts to

Statement I: An agreement to which the consent of the promisor is freely given is not void merely, because the consideration is inadequate. Statement II: Inadequacy of the consideration may be taken into account by the court in determining the question whether the consent of the promisor was freely given. Choose the correct answer:

Which of the following is/are correct? As per Section 23 of the Indian Contract Act, 1872, the consideration of an agreement is lawful unless

Which one of the following statements is correct:-

A person cannot be relieved from contract which he knows to be unlawful contract

Amongst the following who is not an agent

In case of conflict of jurisdiction of the Courts, the incident of a contract shall be governed by the law of the place where the-

Agreements that do not give rise to contractual obligations are not contracts.

What is excusable under Indian Contract law?

A agrees to sell to B a specific cargo of goods supposed to be on its way from England to Bombay. It turns out that before the day of the bargain the ship conveying the cargo had been cast away and the goods lost. Neither party was aware of these facts. The agreement is

A contracts to act in a theatre for 6 months in consideration of a sum paid in advance by B. On several occasions A is too ill to act.

In which of the following cases law of frustration was applied? Answer using given below: (1) Paradine v. Jane (2) Taylor v. Caldwell (3) Krell v. Henry (4) Cricklewood Property and Investment Trust Ltd. v. Leighton's Investment Trust Ltd.

A wagering agreement depends on

Under the Indian Contract Act a minor's agreement has the same consequence as:

When a contract is made on telephone it becomes complete at the place where acceptance is heard. In which of the following cases it has been held so?

Which one of the following is not an essential feature of a wagering agreement?

Where a contract has to be inferred from the conduct of parties, it is called

A agrees with B to discover treasure by magic. This agreement is-

Contract the consideration and object of which is unlawful if

A promises to sell house to B, a god man without whose consent he does not take any important decision, on B's suggestion. Later on A wants to invalidate the contract on ground that his consent for the contract was not free as it was caused by

Illegality renders a contract

Choose the correct statement:-

An agent appointed by more than one principal is liable

A invites B for his son's wedding. B accepts the invitation. In this case, there is an agreement but no contract, since

If the bailee mixes the goods of the bailor with his own goods, without the consent of the bailor

A, writes a letter to B offering to sell his car at Rs. 2 lac and states that if he does not receive a reply within 15 days of the receipt of the letter by B, the offer shall be deemed to have been accepted. B does not send a reply even after 15 days of the receipt of the letter by B. Has the offer been validly accepted?

Match List I with List II and select the correct answer by using the given below the lists: List I (Case) List II (Principle) a. Lalman Shukla v. Appana Dutt 1. Privity of Contract b. McPherson v. Appanna 2. General offer c. Banwarilal v. Sukhdarshan Dayal 3. Invitation to treat d. M. C. Chackoo v. State Bank of Travancore 4. Intention to create legal relationship

Which of the following is not relevant in determining the quantum of damage under Section 73 of the Indian Contract Act?

Consider the following statements: The communication of an acceptance is complete 1. As against the acceptor when it comes to the knowledge of the proposer. 2. As against the proposer, when it is put in a course of transmission to him, so as to be out of the power of the acceptor. Which of the statements given above is/are correct?

If the compensation to be paid on breach of contract is the genuine pre-estimate of the prospective damages, it is known as

The word 'signifies' in the definition of S. 2 of the Indian Contract Act, 1872 indicates:

A goes to a private hospital for treatment of certain ailment. After the completion of the treatment the hospital gives him a bill for payment. A refuses to pay, on ground that there was no contract for payment of expenses between him and the hospital. Can a refuse to pay?

Which one of the following is correct?

A took his wife B to England for vacations. Due to some business emergency A had to go back to his place of work immediately while leaving B in England owing to her ill health. A promised to pay B 300 Pounds per week as maintenance during her stay in England but failed to pay. If A sued by B then

Which of these precedents is related with "Doctrine of Frustration"?

Assertion (A): 'A' supplies necessary necessities to 'B', a minor. 'A' can recover the payment from the estate of 'B'. Reason (R): An agreement with a minor is void ab initio

Section 70 of the Indian Contract Act does not apply in case of

Which of the following is correct?

'Bailor' is a person

Crossword competition is

In case of anticipatory breach of contract, an aggrieved party

Rescission of the Contract means

Contract cannot be said to be void on ground of

In case the promisee prescribes the manner and time of performance of promise

An agreement in restraint of trade is:

Match the following: a. Mc Gregor v. Mc Gregor 1. General Proposal b. Weeks v. Tybald 2. Intention to contract c. Henderson v. Stevenson 3. Consideration d. Currie v. Misa 4. Reasonable notice

Which one of the following is necessary for a contract?

Where the debtor has omitted to intimate, and there are no other circumstances indicating to which debt the payment is to be applied:

Which one of the following statements with regard to contract is not correct?

A calls up B and asks "Will you sell me your house? SMS me the lowest cash price." B's reply by SMS was "Lowest cash price for my house is rupees 1 crore." A, immediately sent another SMS to B stating "I agree to buy your house for rupees 1 crore, as asked by you." B did not respond and subsequently sold the house to C. B's SMS to A was"

'A' promises to make a sculpture for 'B'

Who may employ an agent?

Tender is

Agency stands terminated

When goods are delivered by one person to another for some purpose upon a contract that they shall, when the purpose is accomplished, be returned or otherwise disposed off according to the direction of the person delivering them, the transaction is called a

A gives a recognizance binding him in a penalty of Rs. 500 to appear in Court on a certain day. He forfeits his recognizance. He is liable:

The inadequacy of consideration will be taken into account by a court of law:

Communication of acceptance is complete as against the acceptor only:

The effect of ratification under the law of agency is:-

Tender of performance of contract' has been provided under which of the following Sections of the Indian Contract Act, 1872?

Hadley v. Baxendale is a leading English contract law case that sets the basic rule to determine consequential damages from a breach of contract. The statement is:

Point out the correct item shown below: There may be a contract without consideration if

Ratification of an act:

Who said "Acceptance to an offer is what a lighted matchstick is to a train of gunpowder"?

A agrees to pay B rupees one thousand without any consideration. This agreement is

Which is correct?

Which of the following Section of the Indian Contract Act provides that the responsibility of finder of goods is similar to that of a bailee:

Which one of the following statements are under statements is correct in regard as to matter of fact, the agreement is

Which one of the following statements is incorrect?

If the time of performance of the contract is the essence of the contract and the promisor fails to perform the contract by the specified time-

The theory on which quasi-contractual obligations are based is to prevent unjust enrichment. Who is considered to be the real founder of this theory?

Liability of a guarantor is:

Which among the following elements is not required in case of undue influence

Which of the following deals with alternative promise, one branch being illegal in the Indian Contract Act, 1872?

Privity of Contract is that the

The Indian Contract Act, 1872, the term 'voidable contract' has been defined under:

A letter of acceptance sent by post is lost in transit

An acceptance on telephone should be

Consider the following statements with regard to law of contract: 1. Presence of consideration is essential but the same should be adequate. 2. Inadequacy of consideration may be considered as evidence for the presence of undue influence. Which of the statements given above is/are correct?

State of West Bengal v. B. K. Mondal & Sons, AIR 1962 SC 779 is an interpretation of which section of Indian Contract Act:

The doctrine of privity of contract means that:

Which of the following statements is correct?

What kind of damages can be granted under the Indian Contract Act, 1872:

A promisor can perform

Bank Guarantee is an independent contract between:

A', intending to deceive 'B' falsely represents that five hundred tonnes of indigo are made annually at A's factory, and thereby induces 'B' to buy the factory. The contract is:-

A person who finds good belonging to another, and takes them into his custody, is subject to the same responsibility as a/an:

Almost all insurances other than insurances are contracts of indemnity

Who can demand performance of the promise:

Which of the following agreement(s) is/are void?
1. Agreement without consideration. 2. Agreement in restraint of legal proceedings. 3. Agreement affected by fraud. Select the correct answer using the given below:

X enters into a contract with Y, for which Y is guilty of fraud. X can:

As per the Last shot doctrine:

The liability of surety on his death under section 131 in case of continuing guarantee

Where the consent of both the parties is given by mistake, the contract is

Which of the following is not a requirement of undue influence?

A proposal is revoked by:

A lets a premises to B at a yearly rent of Rs. 50,000/-. The rent for whole of the years 2014, 2015, 2016 and 2017 is due and unpaid. A sues B in 2018 only for the rent due for 2014 and 2015.

Under Indian Contract Act, Contract of betting is-

Match List-I with List-II and select the correct answer using the given below: List-I Lis-II (Jural Correlatives) a. Right 1. Liability b. Privilege 2. Disability c. Power 3. Duty d. Immunity 4. No right

A and B jointly owe Rs. one lac to C. A alone pays the whole amount to C. B not knowing the fact of payment by A pays Rs. one lac over again to C. Is C bound to repay Rs. one lac to B.

Void agreements include

A contracts to marry B, being already married to C, and being forbidden by the law to which he is subject to practice polygamy. This causes loss to B

A' agrees to pay Rs. 1,000 to 'B' for his giving evidence in a civil suit. The contract is:-

The nature of an agreement made under the provisions of Section 20 of the Indian Contract Act, 1872 would be

A proposal as defined under Section 2(a) of the Indian Contract Act, 1872, is:

X' and 'Y' jointly take a loan, from 'Z' with promise to repay the loan amount with interest within two years. Soon after taking the loan 'X' is declared as an insolvent and remains insolvent till the date of repayment of loan. 'Y' also fails to repay the loan. 'X' on account of his status as insolvent enjoys immunity from legal proceedings. In these circumstances:

Which of these contracts has three parties consisting of creditor, principle debtor and surety:

A valid contract at the initial stage ceases to be enforceable subsequently due to intervention of unforeseen factors. The contract will

What will be effect of mistake of the law in force in India on the agreement?

In which case fraud is committed by silence?

Consider the following statements: 1. Doctrine of frustration is not applicable when the rights and obligations of the parties arise under the Transfer of Property Act. 2. If and when there is frustration, the contract automatically comes to an end. Which of the statements given above is/are correct?

The Indian Contract (Amendment) Act, 1997 has amended:

Which of the following Sections of the Indian Contract Act, 1872 defines 'Consideration'?

B is A's daughter. A and B enter into a contract. A has private information of a change in price which would affect B's willingness to proceed with the contract. A did not give this information to B. State whether the contract

Match the items of List I with the items of List II and choose the correct answer from the given below. List I (Section of Indian Contract Act 1872) List II (Definition) a. Section 2(f) 1. Proposal b. Section 2(e) 2. Promisor and Promisee c. Section 2(a) 3. Reciprocal Promises d. Section 2(c) 4. Agreement

Section 73 of the Contract Act applies to contract

Point out the incorrect statement:

Which of the following is not an essential of a contract of guarantee

A person is deemed to be in a position to dominate the will of another by undue influence if the mental capacity is affected temporarily or permanently by

Match List-I with List-II and select the correct answer using the given below the lists: List-I List-II a. Doctrine of frustration 1. Taylor v. Caldwell b. Special damages 2. Hochester v. Dela Tour c. Anticipatory breach of contract 3. Tinn v. Hoffman & Co. d. Cross-offer 4. Hadley v. Baxendale

Indian Contract Act:- A 'contract of insurance' is a contract of-

Arrange the sequence of the following concepts in which they appear in a contract, using the given below: 1. Communication of acceptance 2. Deceit 3. Invitation to Offer 4. Damages

Revocation of offer by letter or telegram can be complete:

What is the minimum consideration required to create an agency?

Match the List I with List II and select the correct answer with the help of given below: List-I List-II a. Contingent Contract 1. Section 30, Contract Act b. Wagering Contract 2. Section 25, Contract Act c. Restraint from trade or business 3. Section 31, Contract Act d. Agreement without consideration 4. Section 27, Contract Act

A finds B's purse and gives it to him. B promises to give A Rs. 50.

The judicial basis of quasi-contractual obligation can be explained through the principle of:

The branches Section 30 of the Indian Contract Act, 1872 declares:

Under the Indian Contract Act, an agreement by a heavily drunk person has the same consequence as that of:

Under the contract of guarantee, the liability of the surety

A' applied for allotment of 100 shares in 'B' company. A letter of allotment addressed to 'A' was posted in due time, but it never reached 'A'. The posting of letter of allotment:

The doctrine of 'privity of consideration' means:

A, a sixteen year old boy travelling alone in a railway train, gets down at a station and asked a vendor the rate of samosas the vendor offer Rs. 20/- a plate, the boy takes a plate. After eating samosas he refuses to pay on ground that a minor's contract is not binding. Decide the validity of contract.

Under Indian Law of Contract "consensus ad idem" means

A contract creates

Which of the following deals with agent's duty to pay sums received for principal in the Indian Contract Act, 1872?

A contract to perform the promise or discharge the liability of third person in case of his default is known as:

Section 41 of the Indian Contract Act, 1872 deals with:

Which of the followingis not a quasi-contract?

Under Section 19 of the Indian Contract Act, 1872, the consent caused by coercion is:

A and B agree that A shall pay B 1,000 rupee, for which B shall afterwards deliver to A either rice or smuggled opium.

Restoration of benefits received under a void contract is possible under Indian Contract Act in:-

Surety is a person

Which one of the following pairs is correctly matched?

Which one of the following statements is correct? The communication of acceptance is complete as against the proposer as soon as:

By a contract there are two sets of promises, with one set of promises being legal, and other set of promises being illegal. In view of the statement, which one of the following is correct?

Agreement restraining legal proceeding is void only if restraint is . . . . .

A promise to pay a debt barred by the law of limitation, has been made enforceable under which section of the Indian Contract Act?

A and B being traders, entered upon a contract. A has private information of a change in prices which would affect B's willingness to proceed with the contract

Which of the following is a valid acceptance of a proposal?

Responsibility of finder of goods is covered under:

Consensus ad idem under a contract means:

If a person who is incapable of entering into a contract is supplied with necessaries by another person, then the latter shall:

Under a contract of guarantee

Match List I with List II and select the correct answer using the given below the lists: List I (Cases) List II (Principles) a. Satyabratha Ghosh v. Mugneeram 1. Anticipatory breach of contract b. West Bengal Financial Corp. v. Gluco Series 2. Frustration of contract c. Union of India v. Steel Authority of India 3. Novation d. Salima Jabeen v. National Insurance Co. 4. Unjust benefit under mistake

Choose the most appropriate answer to complete the statement- When consent to an agreement is caused by fraud, then in accordance with the Indian Contract Act, 1872

Consider the following statements: 1. A claim for damages arising out of breach of contract is not debt. 2. A person who enters into a contract with Government does not necessarily thereby undertake any public duty. Which of the statements given above is/are correct?

Which of the following is a leading case on the point of communication of offer-

Unless it is specifically provided in a contract of sale, which of the following will not be regarded as essence of the contract of sale?

The communication of an acceptance is complete as against the proposer

Surety is entitled to be indemnified by the principal debtor

An alternative promise, one branch of which is legal and the other is illegal

Contract is said to have 3 essentials, which one among the following is not an essential element in the formation of contract:

Where no application is made and no time is specified for performance of promise, there the agreement be performed within-

Offer' or 'Proposal' is defined in Indian Contract Act in

Point out the mismatched pair with reference to Indian Contract Act 1872:

. . . . . . . . is made by words spoken.

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

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?

Which one of the following agreements is not void?

Unconscionable contract is an:

Accord and satisfaction are terms related to

There can also be . . . . . . . . by estoppel

When a bookseller advertises that he has a stock of books to sell, he is making

Goods may be pledged

Under Indian Contract Act, goods displayed in a shop window with a prize label will amount to-

A valid Lease can be determined by

A appoints B as his agent, by way of a power of attorney. This is an example of

The communication of a proposal is complete when it comes to the

PRINCIPLE: A contract is an agreement enforceable by law. All agreements are contracts if they are made with free consent by parties competent to contract for a lawful consideration and with a lawful object. FACT: A, a 40-year-old businessman of sound mind, agrees to sell his bungalow worth 40 lakhs for 1 lakh. The agreement is: (1) Invalid due to inadequate consideration (2) Valid as there is lawful consideration (3) Valid as A entered into it with free consent (4) Valid because A has capacity to contract.

A party rescinding a contract:

In which of the following types of contract, consideration is not necessary?

Promises which form the consideration or part of the consideration for each other are called

What is reasonable time for performance of a contract

A guarantee

In which of the following sections, the Indian Contract Act embodies the rule of Clayton's case relating to appropriation of payments?

"Continuing Guarantee" has been defined

A contract between an insurance company and vehicle owner to save the later from consequences of a vehicular accident is a contract of

Whether release of one co-surety discharge the others

Which one of the following agreements is held to be opposed to public policy?

Extent of surety's liability has been provided under contract Act in:-

A owes Rs 1 lakh to B. B is entitled to recover this amount from A. This is called

Where two or more persons have made a joint promise, a release of one of such joint promisors by the promise:

A sells, by auction to B, a horse which A knows to be unsound and A says nothing to B about the horse's unsoundness. Choose the correct option from the following

Under Section 68 of the Indian Contract Act, the minor-

The Indian Contract Act, 1872 defines 'Contract' in Section?

Which among the following is generally referred to as the subtle species of fraud?

A' has engaged the services of 'B', a financial planner, to make investments on his behalf. 'A' remits Rs. 10 lakhs to 'B' asking him to purchase stocks in company 'X'. 'B' finding investment in company 'Y to be possibly more lucrative invests the money in purchasing its shares. Company 'Y' goes into liquidation resulting in losses. Here:

Consider the following statements: 1. According to Justice Patterson, consideration may be some benefit to the plaintiff or some detriment to the defendant. 2. According to Section 2(d) of the Indian Contract Act, the definition of consideration requires that the act or abstinence should be done by promisee only. Which of the statements given above is/are correct?

Which one of the following cases is not related to the damages for breach of contract?

A owes B, under a contract, a sum of money, the amount of which has not been ascertained. A, without ascertaining the amount, gives to B, and B, in satisfaction thereof accepts the sum of Rs. 2000. This is a discharge of

If a future event on which a contract is contingent is the way in which a person will act at an unspecified time, the event shall be considered to become impossible:

Which of the following does not amount to breach of contract?

Period of limitation for a suit against pawnee to recover the thing pledged is

A particular lien under section 170 of the Act can be exercised

Hadley Vs. Baxindale is a case on

In which one of the following cases, a contract becomes void on the ground of subsequent impossibility?

Match List I containing specific provisions of the Indian Contract Act, 1872 with List II containing corresponding subject matter and select the correct answers using the given below: List I List II a. Section 2(a) 1. Voidable Contract b. Section 2(d) 2. Proposal c. Section 2(i) 3. Agreement d. Section 2(f) 4. Reciprocal Promises e. Section 2(e) 5. Consideration

Indian Contract Act:- A contract of Insurance, the performance of which depends upon a future event falls under the category of?

A contract signed between two countries without specifying as to which country's law shall govern in cases of dispute

A contract of guarantee involves:

Exceptions to the doctrine of 'privity of contract' do not include . . . . . . . .

A contract which is vitiated by undue influenceis declared as which one of the following by the Indian Contact Act?

In which one among the following cases, a surety is not discharged?

A for natural love and affection promises to give his son B Rs. 1,00,000. A puts his promise to 'B' in to writing and register it. This is a . . . . . . . . ?

A clause in a loan agreement permitting the financier to seize the financed vehicle in the event of default in payment would amount to

If a proposal has been accepted subject to certain conditions, then:

Who among the following has no right to enforce a contract?

A "consideration" may be:-

An agreement made without free consent is-

A' promises to maintain 'B's child. 'B' promises to pay 'A' Rs. 1,000 yearly for the purpose. The consideration is:

By threat of suicide. A induced his wife and son to execute a contract. What is it according to the Indian Contract Act?

The case Mohori Bibi v. Dharmodas Ghose is based on which provision of the ICA, 1872

In which case of the following, the doctrine of frustration was recognized in India?

In case of default by joint promisors the promisee

Is past consideration for a promise valid to create a contract?

Indian Contract Act:- In which one of the following consideration is not required-

Indian Contract Act:- In a contract in which time is not essence of the contract, the failure to perform the contract before specified time-

Consideration for the contract signifies:

Which of the following statement is correct?

When the contract is perfectly valid but cannot be enforced because of certain technical defects. This is called

Past consideration is valid in

A loan given to the son at the instance of his father who executed all the essential documents is enforceable against the father because (1) it has sufficient consideration (2) consideration was provided by the father (3) it was done at the desire of the promisor (4) it was done at the request of the promisor

When offer is accepted with a condition it is

Assertion (A): All illegal agreements are void, but all void agreements are not illegal. Reason (R): Only those agreements, of which the object or consideration is unlawful, are known as illegal agreements. Select the correct answer using the given below-

Uncle telegrams to his nephew: If I hear no more about that black horse, I will consider the horse mine @ Rs. 3,00,000. Nephew to his Manager: Do not put that Black horse on auction as it has already been sold to my uncle. The manager diligently obeys the orders. The uncle never comes forward to pay Rs. 3,00,000 and take the black horse. The nephew

Section 25 of the Indian Contract Act lays down a few exceptions, when agreement made without consideration is not void. Which of the following is such an exception:

Money paid under mistake or coercion is recoverable if there is

Mark the correct answer in respect of Contract of Guarantee.

Which of the following is not an essential element of a contract

The defence of "non est factum" is available to the contracting party who has committed mistake as to the-

A contract made by a minor is void ab initio. It was laid down in

Which one of the following agreements is valid?

When an instrument in writing does not express the real intention then either party may institute a suit for

Every promise and every set of promises, forming the consideration for each other, is an agreement. This has been provided under the following section of the Contract Act, 1872:

In case of breach of contract which of the following remedy is available to the aggrieved party?

A' contract to sing for 'B' at a concert for Rs. 50,000/- which are paid in advance. 'A' is too ill to sing on the day of the concert. The consequence is

The essense of liquidated damage is

The acceptance of a proposal should be

According to Section 10 of the Contract Act which of the following is not essential to convert an agreement into a contract?

Contract Act- A contract of life insurance is a

Every promise and every set of promises forming the consideration for each other is

Consider the following statements: 1. A contract formed by coercion and undue influence is vitiated and voidable at the option of the party whose consent is so obtained. 2. A contract formed, where both the parties are under mistaken notion about the existence of the subject matter, is void. Which of the statements given above is/are correct?

Satyabrat Ghose v. Mangneeram Bangur (1954 SC) is a case on

Read Assertion (A) and Reason (R) and give the correct answer with the help of given below: Assertion (A): Acceptance is to offer what a lighted match is to a train of gunpowder. Reason (R): Acceptance cannot be separated from offer.

Novation of a contract under Indian Contract Act, means:

S, a singer, enters into a contract with W, the owner of a theatre to sing at his theatre on Mondays and Tuesdays every weak. Before S could begin her performance the theatre was completely destroyed in an earthquake. The contract

The surety stands discharged

The mode of communicating or revoking recession of voidable contract will be according to which Section of the Indian Contract Act, 1872?

A' in consideration that 'B' will employ 'C' in collecting the rent of B's Zamindari, promises 'B' to be responsible to the amount of Rs. 5,000 for the due collection and payment by 'C' of those rents. This is:

Agreement in restraint of marriage is:

In Carlil v. Carbolic Smoke Ball Co. the definition of "Wagering Agreement" was given by:

A person employed by, and acting under the control of, the original agent, in the business of the agency is a-

Which one of the following statements is true under Indian Contract Act, 1872

Section 73 of the Indian Contract Act, 1872 is based on the law of

To establish undue influence, a person is deemed to be in a position to dominate the will of another where:

Which of the following deals with agent's accounts in the Indian Contract Act, 1872?

A agrees to buy from B a certain horse. It turns out that the horse was dead at the time of bargain though neither party was aware of the fact.

An agreement is void if

An agent can lawfully employ a sub-agent

Under law of Contract, the primary aim of the law of damages is to:

The principle, performance of a condition is a sufficient acceptance without notification is contained in

The case of Hochester v. De La Tour deals with:

A written agreement between fathers of 'A' and 'B' that 'A' and 'B' would get married on becoming major is: