CONTRACT LAW MCQS SET 50

 CONTRACT LAW MCQS SET 50

Void Agreements and Contingent Contract

1. Share market transaction with a clear intention not only to settle the price difference but delivery of shares of goods are
a. Wagering Agreements
b. Not Wagering Agreements
c. Contingent Contracts
d. Voidable Agreements

2. Prize Competitions which involve skill are
a. Wagering Agreements
b. Not Wagering Agreements
c. Void Agreements
d. Voidable Agreements

3. Any agreements to solve picture puzzles are
a. Wagering Agreements
b. Not Wagering Agreements
c. Void Agreements
d. Voidable Agreements

4. Which of the following is correct?
a. Prize competitions exceeding Rs 1000 is wagering
b. Horse race agreements are always unlawful
c. An agreement in restraint of legal proceedings is valid
d. All of the above

5. Which of the following is correct?
a. Prize competition for horse race exceeding Rs 100 is wagering
b. Prize competitions for horse race exceeding Rs 100 is wagering
c. Prize competitions exceeding Rs 1000 is wagering
d. Both (a) and (b)

6. A contract entered into during war with an alien enemy is
a. Ineffective
b. Valid
c. Voidable
d. Void-ab-initio

7. A contract entered into during war with an alien friend is
a. Ineffective
b. Valid
c. Voidable
d. Void-ab-initio

8. Which of these are not opposed to public Policy?
a. Trading with enemy
b. Stifling Prosecution
c. Compromise of compoundable offences
d. Agreement to commit a crime

9. Which of these are not opposed to public Policy?
a. Champerty and Maintenance agreements
b. Agreements in restraint of parental rights
c. Agreements in restraint of marriage
d. Agreements to refer disputes to arbitration

10. Which of these are opposed to public policy?
a. Restraint of marriage
b. Restraint of personal freedom
c. Interference with course of Justice
d. All of the aboveANSWER:

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