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Wednesday, April 22, 2020

CONTRACT LAW MCQS SET 02

CONTRACT LAW MCQS SET 02

The Basics of the Indian Contract Act, 1872

1. Every promise and every set of promise forming the consideration for each other is a/an
a) Contract
b) Agreement
c) Offer
d) Acceptance

2. Where there is no express provision in Contract Act, the following prevails and applied for deciding the cases
a) The provisions of any law of the land
b) The usage of the trade
c) The provisions of personal law
d) Any of the above if not inconsistent with the provisions of the Contract Act

3. Who said, “Every Agreement and Promise enforceable at law is a contract?
a) Austin
b) Benjamin
c) Pollock
d) Balfour

4. The provisions of Indian Contract Act override
a) The provisions of Hindu law
b) The provisions of Mohammedan law
c) Usage or customs of trade
d) All of the above

5. A promises to deliver his watch to B and, in return, B promises to pay a sum of Rs
2,000. This is a/an
a) Agreement
b) Proposal
c) Acceptance
d) Offer

6. Contract is defined as agreement enforceable by law, vide Section…… of the Indian Contract Act.
a) 2(e)
b) 2(f)
c) 2(h)
d) 2(i)

7. A contract or an obligation to perform a promise could arise by
a) Agreement and Contract
b) Promissory Estoppel
c) Standard form of contracts by promise
d) All of the above

8. A sells his car to B.A has a right to recover
the price of the car from B. This right is a
a) Right is rem
b) Right is personam
c) Right in rem as well as right in personam
d) Moral right

9. A owns a residential flat. He is entitled to quiet possession and enjoyment of his property. This is called
a) Rights in Personam
b) Rights is Rem
c) Moral Right
d) There is no right at all

10. A owes Rs 1 lakh to B. B is entitled to recover this amount from A. This is called
a) Rights in Personam
b) Rights is Rem
c) Constitutional Right
d) There is no right at all
ANSWER:
1. b
2. d
3. c
4.d
5. a
6.c
7. d
8. b
9. b
10. a

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