What is the term used to describe a guarantee which is intended to cover a number of transaction over a period of time?
A. Ordinary guarantee
B. Specific guarantee
C. Continuing guarantee
D. Subsequent guarantee
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A enters into contract with B. In this, B is guilty of fraud. A can now
A. Rescind the contract but cannot get compensation
B. Get compensation only
C. Rescind the contract and get compensation
D. None of the above
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A 'contract of pledge' is a contract of
A. Indemnity
B. Guarantee
C. Bailment
D. Agency
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Where there are two courts which would normally have the jurisdiction, an agreement to file suit in one of those courts alone, is
A. Void
B. Valid
C. Voidable
D. Unenforceable
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Under the Indian Contract Act
A. A stranger to the contract can sue
B. A stranger to the contract cannot sue
C. A stranger but beneficiary under the contract can sue
D. None of the above
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Which of the following deals with enforcement of contracts contingent on an event happening in the Indian Contract Act, 1872?
A. Section 22
B. Section 28
C. Section 19
D. Section 32
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When consideration or object of an agreement is partly unlawful, under Indian Contract Act, 1872 the agreement is:
A. Void
B. Voidable
C. Partially void and partially voidable
D. Enforceable
E. None of the above
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"In pari delicto" means:
A. Where parents are at fault
B. In case of equal fault or guilt
C. A person with guilty mind
D. A delinquent criminal
E. None of these
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Where one of the joint promisors makes a default in contribution of performance
A. The other joint promisors have no right against the defaulter
B. Have to bear the loss in equal share
C. Not supposed to bear the loss
D. The contract becomes void to that extent
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A proposal is revoked:
A. Only by the death or insanity of the proposer itself
B. By the death or insanity if the fact of the death or insanity comes to the knowledge of the acceptor
C. By the death or insanity of the proposer if the fact of his death or insanity comes to the knowledge of the acceptor before acceptance
D. None of the above is correct
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Under the Indian Contract Act a minor's agreement has the same consequence as:
A. A drunkard's agreement
B. A fraudster's agreement
C. A monk's agreement
D. A mistaken agreement
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When a contract is made on telephone it becomes complete at the place where acceptance is heard.
In which of the following cases it has been held so?
A. Carlill v. Carbolic Smoke Ball Co.
B. Bhagwan Das v. Girdhari Lal & Co.
C. Mohori Bibee v. Dharmodas Ghose
D. Satyabrata Ghose v. Mugneeram
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Section 2(d) of Indian Contract Act says: "When, at the desire of the promisor, the promisee or any other person has done or abstained from doing; or does or abstains from doing, or promises to do or abstain from doing, something, such act or abstinence or . . . . . . . . is called a consideration for the promise."
A. Approval
B. Obligation
C. Promise
D. Undertaking
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Which one of the following is not an essential feature of a wagering agreement?
A. Insurable contract
B. Uncertain event
C. Mutual chances or gain or loss
D. Neither party to have control over the event
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Where a contract has to be inferred from the conduct of parties, it is called
A. Express Contract
B. Implied Contract
C. Tacit Contract
D. Unlawful Contract
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A agrees with B to discover treasure by magic. This agreement is-
A. Void
B. Voidable
C. Enforceable
D. Valid and enforceable in Bengal
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Contract the consideration and object of which is unlawful if
A. It is forbidden by law
B. In restraint of marriage
C. In restraint of trade
D. All above
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A promises to sell house to B, a god man without whose consent he does not take any important decision, on B's suggestion. Later on A wants to invalidate the contract on ground that his consent for the contract was not free as it was caused by
A. Fraud
B. Coercion
C. Mistake
D. Undue influence
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Which one of the following statements is not correct?
A. In cases of general offers, communication of acceptance is not necessary
B. Acceptance has to be made in the manner prescribed by the proposer (if not prescribed, then in some usual and reasonable manner)
C. A communication of acceptance to a person other than the offerer is no communication in the eyes of law
D. The communication may not be made by acceptor himself
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Illegality renders a contract
A. Void
B. Voidable
C. Illegal
D. Punishable
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