CONTRACT LAW MCQS SET 39

CONTRACT LAW MCQS SET 39

Free Consent

1. An old illiterate man was made to sign a bill of exchange, by means of a false representation that it was a guarantee. The contract is
a. illegal
b. Valid
c. Void
d. Voidable

2. When both parties are under a mistake as to a matter of fact essential to the agreement, it is called as
a. Unilateral Mistake
b. Bilateral Mistake
c. General Mistake
d. Total Mistake

3. Section ………. of the Indian Contract Act deals with “Bilateral Mistake”.
a. 19
b. 20
c. 21
d. 22

4. Bilateral mistake may relate to
a. Subject Matter
b. Possibility of performance
c. Neither (a) nor (b)
d. Both (a) and (b)

5. Bilateral Mistake as to fact renders an agreement void since
a. There is no consideration
b. Agreements is unlawful
c. There is no agreement
d. It is opposed to public policy

6. A agrees to sell his horse to B. But unknown to both the parties, the horse had already died at the time of making of the contract. The contracts is
a. Void
b. Valid
c. Voidable
d. Illegal

7. A wrote to B inquiring price of rifles suggesting that he might buy as many as 50. On receipt of information he telegraphed, “Send three rifles” Due to telegraphic mistake, message was transmitted as “Send the rifles”. B dispatched 50 rifles. In this case
a. There is no contract
b. There is a valid contract
c. A has to accept the loss on 50 rifles
d. A has to accept the loss on 3 rifles

8. A contracted to take on rent, a property for viewing the coronation procession of the King. Unknown to the parties, the procession had already been cancelled. The contract is void due to
a. Mistake as to Physical Impossibility
b. Mistake as to Legal Impossibility
c. Object being opposed to public policy
d. All of the above

9. A contract to do a certain act which is not permitted by law, is void in itself.
a. True
b. Partly True
c. False
d. None of the above

10. The maxim “Ignoranlia juris non excusa” stands for
a. Law will not punish ignorant people
b. Law will punish illiterate people
c. Ignorance people can excuse law
d. Ignorance of law of land is no excuse 

ANSWER:

1. c
2. b
3. b
4. d
5. c
6. a
7. a
8. a
9. a
10. d