CONTRACT LAW MCQS SET 03

CONTRACT LAW MCQS SET 03

The Basics of the Indian Contract Act, 1872

1. A contract creates
a) Rights is Personam
b) Rights in Rem
c) No obligations
d) Only obligations and no rights

2. Valid Contracts
a) Are made by free consent
b) Are made by competent party
c) Have lawful consideration and lawful
object
d) All of the above

3. A lends Rs 10 lakh to B for a year, After
one year A’s right to recover the money
from B is a
a) Right in rem
b) Right in personam
c) Moral right
d) Civil right

4. What comes first in a valid contract is
a) Enforceability
b) Money
c) Force
d) None of the above

5. A has bought a house for Rs 50,000.
Which of the following right is available to A after the purchase?
a) He has a right against the seller to have quiet possession of the house and enjoy in it
b) He has a right against the whole world to have quiet possession of the house and enjoy in it
c) He has moral right over the house
d) He has a right to live in the house but cannot sell

6. An agreement not enforceable by law is said to be void under section…. Of the Indian Contract Act.
a) 2 (a)
b) 2 (b)
c) 2 (f)
d) 2 (g)

7. An agreement to commit a tort is
a) Void
b) Voidable
c) Valid
d) Unenforceable

8. Agreement to murder a person
a) Cannot be enforceable by law
b) Is valid in law
c) In invalid for want of consideration
d) Has no consensus ad idem

9. Agreements that do not give rise to contractual obligations are not contracts.
a) True
b) Partly True
c) False
d) None of the above

10. A invites B for his son’s wedding. B accepts the invitation. In this case, there is an agreement but no contract, since
a) There is no consideration
b) There is no intention to create legal relationship
c) There is no written document
d) There is no formal acceptance of the offerANSWER:
1. a
2. d
3. b
4. a
5. b
6. d
7. d
8. a
9. a
10. b