CONTRACT LAW MCQS SET 53

 CONTRACT LAW MCQS SET 53

Void Agreements and Contingent Contract

1. Which of the following is a Contingent Contract?
a. Contract of Insurance
b. Contract for doing impossible acts
c. Marriage Contracts
d. Wagering Agreements

2. The collateral event to a Contingent Contract should be a/an
a. Uncertain Event
b. Certain Event
c. Either (a) or (b)
d. Neither (a) nor (b)

3. A contract is not contingent contract
a. If the event is bound to happen
b. If the promisor has control over the event
c. If the event is a part of the promise of the
contract
d. All of the above

4. If A promises to pay B Rs 10,000 if he so chooses, it is a contingent contract
a. True
b. Partly True
c. False
d. None of the above


5. A contingent contract to do or not to do anything on the happening of an uncertain future event
a. Is never enforceable
b. Is enforceable only at the time of making it
c. Becomes enforceable immediately when event becomes impossible
d. Becomes enforceable only on the happening of that event

6. A agrees to pay B Rs 50,000 if a Titanic ship does not return. The ship is sunk. The contract can be enforced
a. When the ship sinks
b. before the ship sinks
c. when the ship returns
d. when ship does not starts its journey

7. Contracts contingent upon the happening of an Uncertain future Event within a fixed time, becomes void
a. At the expiry of time fixed, if such event has not happened
b. Before the time fixed, such event becomes impossible
c. Either (a) or (b)
d. Neither (a) nor (b)

8. A promises to pay B Rs 10,000 if a “Titanic” ship returns within a year. The contract
a. may be a enforced if the ship returns within the year
b. becomes void, if the ship is burnt within the year
c. Both (a) and (b)
d. either (a) nor (b)

9. The performance of contingent contract depends upon
a. main event
b. collateral event
c. both (a) and (b)
d. either (a) or (b)ANSWER:

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