CONTRACT LAW MCQS SET 48

 CONTRACT LAW MCQS SET 48

Void Agreements and Contingent Contract

1. Void agreements are
a. Not punishable
b. Punishable
c. Prohlbited
d. Illegal

2. Illegal agreements may be punishable with
a. Fine
b. Imprisonment
c. Both (a) and (b)
d. Any of the above

3. All void agreements may not be illegal but all illegal agreements are always void.
a. True
b. False
c. Partly True
d. Partly False

4. An Agreement to murder a person is an example of
a. Voidable Agreement
b. Illegal Agreement
c. Either (a) or (b)
d. Both (a) and (b)

5. No action can be taken for breach of an illegal agreement.
a. True
b. Partly True
c. False
d. None of the above

6. “A Wagering Agreement is a promise to give money or money’s worth upon the determination or ascertainment of an uncertain event”. It is a said by
a. Anson
b. Pollock
c. Drucker
d. Cockbum

7. “A Wagering Agreement is a contract by A to pay money to B on the happening of a given event in contract of B’s promise to pay money to A on the event of non happening.” It is said by
a. Anson
b. Pollock
c. Drucker
d. Cockbum

8. Which of the following is not a feature of a
Wagering Agreement?
a. Chances of gain or loss
b. Uncertainty of future event
c. Neither party have control over future event
d. Neither parties should have an interest in the event

9. If either of the parties may win but cannot lose, or both may lose and can not win, it is
a. a Wagering Agreement
b. not a Wagering Agreement
c. a Voidable Agreement
d. an illegal Agreement

10. Athletic competitions are valid because they are
a. games of skill
b. just games
c. games of luck
d. all of the aboveANSWER:

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