Indian Contract Act Law 100 MCQ With Free Exam SET:-1

Q91. In case of fraud & wilful wrong by the subagent

(A) The sub-agent is directly liable to the agent
(B) The sub-agent & the agent both are liable to the principal
(C) The agent alone is liable to the principal
(D) Both A and B

Answer: The sub-agent is directly liable to the agent

Q92. Consider the following statements and give correct answer with the help of given below:

(A) (3) and (4) are correct, but (1) and (2) are incorrect
(B) (1) and (2) are correct, but (3) and (4) are incorrect
(C) (3) is correct, but (1), (2) and (4) are incorrect
(D) (2) and (4) are correct, but (1) and (4) are incorrect

Answer: (3) is correct, but (1), (2) and (4) are incorrect

Q93. When the consent is caused by misrepresentation, the contract under section 19 is

(A) Valid
(B) Void
(C) Voidable
(D) Illegal

Answer: Voidable

Q94. A person appointed by an agent under the authority of Principal is known as:

(A) Sub Agent
(B) Substituted Agent
(C) Mercantile Agent
(D) Special Agent

Answer: Substituted Agent

Q95. Which contract is void ab initio ?

(A) A contracts to let her daughter on hire to B for concubinage
(B) While entering into contract to see a cow, a disclosed B that the cow gives five liters milk in a day whereas it gives four liters in a day
(C) At the time of contract of selling a car, A told B that mileage of the car is 20 km per litre whereas its mileage is 18 km per litre
(D) At the time of contract, A told B that the area of his house is 1400 sq. feet but on measurement the area of the house is found 1398 sq. feet

Answer: A contracts to let her daughter on hire to B for concubinage

Q96. A continuing guarantee under Section 130 is

(A) Irrrevocable absolutely
(B) Revocable as regards future transaction
(C) Revocable absolutely
(D) Either A or B

Answer: Revocable as regards future transaction

Q97. Where persons reciprocally promise, firstly to do certain things which are legal and secondly, under specified circumstances, to do certain oth hings which are illegal the

(A) First set of promise is a contract, but the second is a void agreement
(B) First set of promise is voidable but the second set is a void agreement
(C) Entire set of promises is void
(D) Entire set of promises is valid

Answer: First set of promise is a contract, but the second is a void agreement

Q98. A tells B that he will pay him Rs. 1,000 when he turns 30. Is this a contingent contract ?

(A) Yes. The payment is contingent upon the occurrence of an event.
(B) Yes. When B turns 30, A will pay him Rs. 1,000.
(C) No. There is no consideration.
(D) No. B definitely will tum 30. There is no possibility of the event not happening. This is not a contingent contract.

Answer: Yes. The payment is contingent upon the occurrence of an event.

Q99. An agreement in restraint of the marriage of any person other than a minor is:

(A) Void
(B) Voidable
(C) A contingent agreement
(D) None of the above

Answer: Void

Q100. Agreement, the meaning of which is not certain or not capable of certainty, is

(A) Voidable
(B) Illegal
(C) Enforceable
(D) Void

Answer: Void