Which one of the following statements is correct:-
A. Void agreements are always illegal
B. Illegal agreements are voidable
C. Illegal agreements can be
D. Illegal agreements are always void
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A person cannot be relieved from contract which he knows to be unlawful contract
A. Doctrine of non relief
B. Doctrine of Podelico
C. Doctrine of illegality
D. Doctrine of Pari delicto
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Amongst the following who is not an agent
A. A domestic servant
B. A person who advices another in matters of business
C. A procurement agent
D. All the above
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In case of conflict of jurisdiction of the Courts, the incident of a contract shall be governed by the law of the place where the-
A. Contract is made
B. Contract is performed
C. Acceptor resides
D. Proposer resides
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Agreements that do not give rise to contractual obligations are not contracts.
A. True
B. Partly True
C. False
D. None of the above
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What is excusable under Indian Contract law?
A. A mistake in understanding of law
B. A mistake in knowledge of law
C. A mistake of foreign law
D. A mistake of Indian law
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A agrees to sell to B a specific cargo of goods supposed to be on its way from England to Bombay. It turns out that before the day of the bargain the ship conveying the cargo had been cast away and the goods lost. Neither party was aware of these facts. The agreement is
A. Voidable at the option of A
B. Voidable at the option of B
C. Void
D. Valid
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A contracts to act in a theatre for 6 months in consideration of a sum paid in advance by B. On several occasions A is too ill to act.
A. The contract to act on those occasions becomes void
B. The contract to act on all occasions becomes void
C. The contract to act on those occasions becomes voidable
D. The contract to act on all occasions becomes voidable
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In which of the following cases law of frustration was applied? Answer using given below:
(1) Paradine v. Jane
(2) Taylor v. Caldwell
(3) Krell v. Henry
(4) Cricklewood Property and Investment Trust Ltd. v. Leighton's Investment Trust Ltd.
A. (1) only
B. (1) and (2) only
C. (1), (2) and (3) only
D. (1), (2), (3) and (4)
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A wagering agreement depends on
A. An uncertain event
B. Future event only
C. Past unascertained only
D. None of the above events
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In a contract of guarantee
A. There are two parties and one contract
B. There are two parties and two contracts
C. There are three parties & three contracts
D. There are three parties & one contract
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What is true of misrepresentation
A. It is the same thing as fraud
B. It renders the contract voidable
C. It may be due to innocence
D. Both B and C
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The case of Mohori Bibi v. Dhanno Das Ghose
1. is the decision of Supreme Court of India regarding extraordinary contracts
2. has laid down that in India a minor's contract is void ab initio
3. has laid down that a minor's contract becomes valid when he attains majority
Which of the above statement(s) is/are correct?
A. 1 and 3
B. 3 alone
C. 1 and 2
D. 2 alone
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Which one of the following does not amount to fraud?
A. Active concealment of a fact
B. A promise made without any intention of performing it
C. Suggestion as to a fact, which is not true, by one who does not believe it to be true
D. A representation made without knowing it to be false, honestly believing it to be true
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As per the objective test of offer:
A. Once the parties have by all outward appearances agreed in the same terms on the same subject-matter, then neither can, generally, rely on some unexpressed qualification or reservation to show that he had not in fact agreed to the terms to which he had appeared to agree.
B. Once the parties have mentally decided to agree in the same terms on the same subject-matter, then neither can generally rely on any unexpressed reservation to show that she had not in fact agreed on the same terms in the same sense.
C. Once the parties have been forced to agree, then not with standing the fact that outwardly they may not have appeared to agree, they can in fact be bound by the terms and subject-matter of the agreement
D. None of the above
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Principal can revoke the authority given to the agent
A. At any time before the authority has been exercised
B. At any time after the authority has been partly exercised without liability towards the acts done
C. At any time after the authority has been fully exercised
D. All the above
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Section 170 of Indian Contract Act deals with:
A. General lien
B. Particular lien
C. Wharfinger lien
D. Broker's lien
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Which of the following statement is true?
A. Both (In case of initial impossibility agreement is termed as void) and (In case of subsequent impossibility contract becomes void) are true
B. Both (In case of initial impossibility agreement is termed as void) and (In case of subsequent impossibility contract void) are false
C. In case of initial impossibility agreement is termed as void
D. In case of subsequent impossibility contract becomes void
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Relief for rescission is granted in cases:
A. Where the contract is void
B. Where is contract is voidable
C. Both A and B
D. Neither A nor B
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Which of the following is not correct under the Indian Contract Act, 1872?
A. The suggestion, as a fact, of that which is not true, by a party to contract, who does not believe it to be true is fraud
B. Active concealment of a fact by a party to contract, having knowledge or belief of the fact is misrepresentation (fraud)
C. The positive assertion, in a manner not warranted by the information of the person making it, of that which is not true, though he believes it to be true is misrepresentation
D. A fraud which did not cause the consent to a contract of the party on whom such fraud was practiced, does not render a contract voidable
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