CONTRACT LAW MCQS SET 55

CONTRACT LAW MCQS SET 55

Void Agreements and Contingent Contract

1. Which of the following statements is correct?
a. An illegal agreements is voidable
b. A transaction collateral to illegal agreement is valid
c. Illegal agreements is enforceable
d. In case of illegal agreements, courts donot help any party

2. An agreement which in restraint of marriage is void if the restraint is
a. Complete only
b. Partial only
c. Complete or partial
d. Approved by parties

3. An agreement which prevents a person from marrying a particular person, is
a. Void
b. Voidable
c. Valid
d. Allowed with court permission

4. An agreement which prevents a person from marrying a particular class is
a. Void
b. Voidable
c. Valid
d. Allowed with permission of parties

5. Where an agreement in restraint of trade is divisible, than the
a. Unrestricted part is valid and enforceable
b. Whole agreement is void
c. Whole agreement is enforceable
d. Restraint is not valid in the eyes of law

6. Where an agreement in restraint of trade is not divisible, than the
a. Whole agreement is valid
b. Whole agreement is void and unenforceable
c. Unrestricted part is enforceable
d. None of the above

7. A agrees to pay Rs 30,000 to B, a rival shopkeeper, if he closes his business in A’s locality only. This agreement is
a. Valid
b. Voidable
c. Void
d. None of the above

8. A agrees to pay a certain sum of money to B, a rival shopkeeper, if he closes his business for three months in a year. This agreement is
a. Void
b. Voidable
c. Valid
d. None of the above

9. An agreement which restrains the seller of a goodwill from carrying on a similar business within specified local limits, is
a. Void
b. Voidable
c. Valid
d. Contingent

10. An agreement which restrains a continuing partner of a firm from carrying on any business, other than the business of the firm, is
a. Void
b. Voidable
c. Valid
d. UnlawfulANSWER:

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