CONTRACT LAW MCQS SET 04

CONTRACT LAW MCQS SET 04

The Basics of the Indian Contract Act, 1872

1. A promises to give Rs. 5,000 per month pocket money to his son B. If A does not give the pocket money
a) B can sue his father
b) B has no remedy against A
c) B can accept a lower pocket money also
d) B has to give Rs. 5,000 to his father

2. A and B of Srinagar entered into a contract on 1st September, 2006 as per the provisions of the Indian Contract Act.
Can they enforce the contract?
a) Yes, because they made the contract
as per the provisions of Indian Contract Act
b) No, because Srinagar is not a part of Indian
c) No, because the Act does not extend to the State of Jammu and Kashmir
d) None of the above

3. A promised to pay his son B a sum of Rs 1 lakh if B passed CA exams in the first attempt. B passed the exam in the first attempt, but A failed to pay the amount as promised. B files a sit for recovery of the amount. State whether B can recover the amount under the Indian Contract Act,1972.
a) B can sue A
b) B has to pay Rs 1 Lakh to A
c) B has no remedy against A
d) B has to write the exam again, to claim the reward

4. A contract creates
a) Rights and obligations of the parties to it
b) Obligations of the parties to it
c) Mutual understanding between the parties to it
d) Mutual lawful rights and obligations of the parties to it.

5. In agreements of purely domestic nature, the intention of the parties to create legal relationship is
a) To be proved to the satisfaction of the Court
b) Presumed to exist
c) Required to the extent of consideration
d) Not relevant at all

6. An agreement is valid
a) Which creates legal and social obligations of the parties
b) Which creates rights of a party
c) Which is written on a piece of paper and signed by the parties
d) Which creates legally binding right and obligations of the parties to it.

7. Voidable contract is one
a) Which is lawful
b) Which is invalid
c) Which is valid as long as it is not avoided by the party entitled to do so
d) Which is unlawful

8. When the contract is perfectly valid but cannot be enforced because of certain technical defects. This is called
a) Unilateral Contract
b) Bilateral Contract
c) Unenforceable Contract
d) Void Contract

9. ………….. is without any legal effect and
cannot be enforced in a Court of Law.
a) Valid Contract
b) Void Contract
c) Voidable Contract
d) Unenforceable ContractANSWER:
1. b
2. c
3. c
4. d
5. a
6. d
7. c
8. c
9. b