A sent his servant B to trace his lost nephew. When the servant had left 'A' announced a reward of Rs. 501 to anyone who traces the boy. B found the boy and brought him home. Then he came to know about the reward. Under Indian Contract Act, can he claim the reward?
A. Yes because offer is open for all
B. Yes after knowing the offer he could accept it
C. No, because he did not know about the offer when he found the missing boy
D. No, because he is the servant of A
Select an option to see the answer and solution.
Section 72 of the Indian Contract Act, 1872 deals with unjust enrichment on account of . . . . . . . .
A. Mistake
B. Coercion
C. Non-gratuitous act
D. Both option A and B
Select an option to see the answer and solution.
A contract to Indemnity is a
A. Contingent Contract
B. Quasi-Contract
C. Void Agreement
D. Wagering Agreement
Select an option to see the answer and solution.
. . . . . . . . is made by words written.
A. Express Contract
B. Implied Contract
C. Tacit Contract
D. Unlawful Contract
Select an option to see the answer and solution.
If the bailee does any act inconsistent with the conditions of bailment, with regard to goods
A. The contract becomes void
B. The contract becomes voidable at the option of the bailee
C. The contract becomes voidable at the option of the bailor
D. The contract remains valid.
Select an option to see the answer and solution.
A' is indebted to 'B'. He authorises 'B' to sell his house and to pay himself out of the sale proceeds the debts due to him. In the absence of express contract-
A. 'A' can revoke the agency
B. 'A' cannot revoke the agency
C. Agency is not terminated by 'A's death
D. Both B and C are correct
Select an option to see the answer and solution.
Who said, "Every Agreement and Promise enforceable at law is a contract?
A. Austin
B. Benjamin
C. Pollock
D. Balfour
Select an option to see the answer and solution.
If the compensation agreed to be paid in the event of the breach of contract is excessive and highly disproportionate, the amount thus fixed, is called
A. Liquidated damages
B. Penalty
C. Unliquidated damages
D. Contractual damages
Select an option to see the answer and solution.
A contract is void if
A. It is caused by fraud
B. It is caused by coercion
C. Its consideration is unlawful
D. All of these
Select an option to see the answer and solution.
M' lends Rs. 1,00,000 to 'N'. 'P' is the surety. The contract provides that the liability of 'P' shall be limited to Rs. 50,000. The contract is
A. Void
B. Voidable
C. Irregular
D. Valid
Select an option to see the answer and solution.
A contract of employment by or against an employer . . . . . .
A. Can be specifically enforced
B. Cannot be specifically enforced
C. Depends
D. None of the above
Select an option to see the answer and solution.
Ex nudo pacto non oritur actio, means:
A. A stranger to the contract cannot sue
B. An agreement without consideration is void
C. An agreement based on natural love and affections
D. All the above
Select an option to see the answer and solution.
Agreements, the meaning of which is not certain or not capable of being made certain under section 29 is
A. Void
B. Voidable
C. Illegal
D. Valid
Select an option to see the answer and solution.
An advertisement of auction is
A. Proposal
B. Mere statement
C. Invitation to offer
D. Standing offer
Select an option to see the answer and solution.
A contract, which is formed without the free consent of the parties, is
A. Void ab initio
B. Void
C. Illegal
D. Void at the instance of the party whose consent was not free.
Select an option to see the answer and solution.
A contracts to sing for B at a concert for 1,000 rupees which are paid in advance. A is too ill to sing-
A. A is bound only to make compensation to B for the loss of the profits which B would have made if A had been able to sing but not bound to refund 1,000 paid in advance
B. A is neither bound to refund 1,000 rupees paid in advance nor is bound to make compensation to B for the loss of profits which B would have made if A had been able to sing
C. A is not bound to make compensation to B for the loss of profits which B would have made if A had been able to sing, but must refund to B the 1,000 rupees paid in advance
D. A is not bound to make compensation to B for the loss of profits which B would have made if A had been able to sing but must refund to B half of the amount paid in advance
Select an option to see the answer and solution.
When one person signifies to another his willingness to do or to abstain from doing any thing with a view to obtaining the assent of that other person to such act or abstinence he is said to make a
A. Proposal
B. Promise
C. Both A and B
D. None of these
Select an option to see the answer and solution.
A, a man enfeebled by disease or age, is induced by B's influence over him as his medical attendant, to agree to pay B an unreasonable sum for his professional services, B employs:
A. Misrepresentation
B. Undue influence
C. Coercion
D. Fraud
Select an option to see the answer and solution.
The liquidated damages are essentially-
A. Payment of money stipulated as a warning to the offending party
B. Payment of compensation determined by the court
C. Compensation arbitrarily determined by the aggrieved party
D. Genuine covenanted pre-estimated damages
Select an option to see the answer and solution.
Agreement is defined in Sec. . . . . . . . . of the Indian Contract Act, 1872.
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