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Indian Contract Act Law 100 MCQ With Free Exam SET:-1
Q21. Who said that “An offer need not be made to an ascertained person, but no contract can arise until it has been accepted by an ascertained person”?
(A) Lord Atkin
(B) Lord Goddard
(C) Chashre and Fifoot
(D) Anson
Answer: Anson
Q22. Contract is defined as agreement enforceable by law, vide Section . . . . . . . . of the Indian Contract Act.
(A) 2(e)
(B) 2(f)
(C) 2(h)
(D) 2(i)
Answer: 2(h)
Q23. In Indian Contract Act, Contingent contract is defined under
(A) Section 30
(B) Section 31
(C) Section 37
(D) Section 36
Answer: Section 31
Q24. In a contract consideration could be supplied by . . . . . . . . :
(A) Only the promisee
(B) Even the promisor
(C) Only by parties to contract
(D) Even strangers to contract
Answer: Even strangers to contract
Q25. When a sub-contractor had under-taken some part of the work in connection with the project which was entrusted to contractor, he cannot be treated as
(A) Agent
(B) sub-agent
(C) Sub-contractor
(D) None of the above
Answer: sub-agent
Q26. Match List I containing with List II containing the important principles used in deciding these cases and choose the correct options from the given below:
| List-I | List-II |
| a. Durga Prasad v. Baldeo | 1. The other party has done nothing in response to unilateral promise and hence no consideration. |
| b. Abudl Aziz v. Masum Ali | 2. No stranger to the consideration can take advantage of a contract, although made for his benefit. |
| c. Dutton v. Poole | 3. Act was not done at the desire of the promisor and hence no consideration. |
| d. Tweddle v. Atkinson | 4. The agreement may be enforced by the third person for whose benefit the agreement was made. |
(A) a-3, b-2, c-1, d-4
(B) a-1, b-3, c-4, d-2
(C) a-3, b-1, c-4, d-2
(D) a-4, b-1, c-2, d-3
Answer: a-3, b-1, c-4, d-2
Q27. Which of the following is correct
(A) Pledge made by a mercantile agent is valid
(B) Pledge made by a person in possession under voidable contract is valid
(C) Pledge by a person having a limited interest is valid to the extent of that interest
(D) All the above
Answer: All the above
Q28. The obligation to restore advantage in a void agreement is provided by
(A) Section 65 of the Indian Contract Act, 1872
(B) Section 60 of the Indian Contract Act, 1872
(C) Section 63 of the Indian Contract Act, 1872
(D) Section 68 of the Indian Contract Act, 1872
Answer: Section 65 of the Indian Contract Act, 1872
Q29. Where the rate of interest prescribed in case of breach is too high, the Court can interfere
(A) On the proof of coercion
(B) On the proof of undue influence
(C) On the satisfaction that the stipulation is by way of penalty
(D) On the ground of equity
Answer: On the satisfaction that the stipulation is by way of penalty
Q30. A revokes his proposal made to B by telegram. Under Section 4 of the Indian Contract Act, 1872, the revocation is complete as against A when the telegram is . . . . . . . .
(A) Received by B
(B) Despatched by A
(C) Both A and B
(D) None of the above
Answer: Despatched by A