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Indian Contract Act MCQ

The document appears to be a quiz on concepts from Indian contract law. It covers topics such as: - The definition of a contract under Section 2 of the Indian Contract Act - Rights that arise from contracts, including rights in personam and rights in rem - Essential elements for a valid contract such as free consent, lawful consideration, and lawful object - Examples of agreements that may or may not constitute legally enforceable contracts

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KenzAcademy Malappuram
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183 views3 pages

Indian Contract Act MCQ

The document appears to be a quiz on concepts from Indian contract law. It covers topics such as: - The definition of a contract under Section 2 of the Indian Contract Act - Rights that arise from contracts, including rights in personam and rights in rem - Essential elements for a valid contract such as free consent, lawful consideration, and lawful object - Examples of agreements that may or may not constitute legally enforceable contracts

Uploaded by

KenzAcademy Malappuram
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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Download as DOCX, PDF, TXT or read online on Scribd
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IndiAN contract ACT

1. The Law of Contract is nothing but


1. a child of commercial dealing.
2. a child of religion.
3. a child of day-to-day politics.
4. a child of economics.
2. The Contract Act came into force
1. from 1 September 1972.
2. before 1 September 1882.
3. from 1 September 1872.
4. after 1 September 1872.
3. An agreement consists of reciprocal promises between at least
1. four parties.
2. six parties.
3. three parties.
4. two parties.
4. Contractual rights and duties are created by
1. state.
2. statute.
3. parties.
4. custom or usage.
5. In India, the express provisions of the Contract Act applies to
1. Hindus.
2. female.
3. businessman.
4. all of the above.
6. Every promise and every set of promise forming the consideration for each other is a/an
1. contract.
2. agreement.
3. offer.
4. acceptance.
7. A promises to deliver his watch to B and, in return, B promises to pay a sum of 2000. This is
a/an
1. agreement.
2. proposal.
3. acceptance.
4. offer.
8. Contract is defined as an agreement enforceable by law, vide Section … of the Indian Contract
Act.
1. 2(e)
2. 2(f)
3. 2(h)
4. 2(i)
9. A sells his car to B. A has a right to recover the price of the car from B. This right is a
IndiAN contract ACT

1. right is rem.
2. right is personam.
3. right in rem as well as right in personam.
4. moral right.
10. A owns a residential flat. He is entitled to a quiet possession and enjoyment of his property.
This is called
1. rights in personam.
2. rights in rem.
3. moral right.
4. there is no right at all.
11. A owes 1 lakh to B. B is entitled to recover this amount from A. This is called
1. rights in personam.
2. rights in rem.
3. constitutional right.
4. there is no right at all.
12. A contract creates
1. rights in personam.
2. rights in rem.
3. no obligations.
4. only obligations and no rights.
13. Valid contracts
1. are made by free consent.
2. are made by competent parties.
3. have lawful consideration and lawful object.
4. all of the above.
14. A lends 10 lakh to B for a year. Aft er one year A's right to recover the money from B is a
1. right in rem.
2. right in personam.
3. moral right.
4. civil right.
15. A has bought a house for 50,000. Which of the following right is available to A aft er the
purchase?
1. He has a right against the seller to have a quiet possession of the house and enjoy in it.
2. He has a right against the whole world to have a quiet possession of the house and enjoy in it.
3. He has a moral right over the house.
4. He has a right to live in the house but cannot sell.
16. Agreement to murder a person
1. cannot be enforceable by law.
2. is valid in law.
3. is invalid for want of consideration.
4. has no consensus ad idem.
17. A invites B for his son's wedding. B accepts the invitation. In this case, there is an agreement
but no contract
IndiAN contract ACT

since
1. there is no consideration.
2. there is no intention to create legal relationship.
3. there is no written document.
4. there is no formal acceptance of the offer.
18. A invites B for coffee in Coffe day Restaurant and B accepts the invitation. On the appointed
date, B goes there
but A is does not come. In this case
1. B has no remedy against A.
2. B has to wait for another invitation from A.
3. B can sue A for not honouring his words.
4. A has to invite B again, to keep the promise.
19. A promise to give 5000 per month pocket money to his son B. If A does not give the pocket
money
1. B can sue his father.
2. B has no remedy against A.
3. B can accept a lower pocket money also.
4. B has to give 5000 to his father.
20. A contract creates
1. rights and obligations of the parties to it.
2. obligations of the parties to it.
3. mutual understanding between the parties to it.
4. mutual lawful rights and obligations of the parties to it.

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