MCQ on Contract Act | LLM | UGC-NET

1. Who is competent to contract?

person of unsound mind

a person who has not attained majority

a person who has been disqualified from contracting by the court

a person who has been debarred from contesting any elections

2. ‘Consent’ is said to be free when it is caused by

coercion of the will of the parties

fraud

mistake

voluntary will of the parties

3. Two or more persons are said to consent when

they agree

they agree upon the same thing

they agree upon the same thing in the same sense

they agree upon the same thing in the same sense at the given location

4. When consent to an agreement is caused by coercion, the agreement is

valid contract

voidable contract

void contract

invalid contract

5. A contracts to pay B a sum of Rs. 20,000 if B’s house is burnt. This is

contract of wager

contingent contract

contract of uncertainty

none of the above

6. A agrees to pay B a sum of Rs. 5000 if two straight lines should enclose a space. The agreement is

void

voidable

valid

unethical

7. A, who is B’s ‘mukhtar’, promises to exercise his influence, as such, with B in favour of C, and C promises to pay Rs. 20,000 to A. The agreement is

voidable because it is immoral

void because it is immoral

opposed to public policy

void because consideration is unlawful

8. A pays Rs.10,000 to B for manufacturing a machine. When it is partly manufactured, the contract is discharged by frustration. What is the remedy available to parties?

A can recover Rs. 10,000 from B

A need not pay any further amount to B

B can retain Rs. 10,000

is entitled only to expenses incurred before the time of discharge

9. Who is competent to contract?

person of unsound mind

a person who has not attained majority

a person who has been disqualified from contracting by the court

a person who has been debarred from contesting any elections

10. Two or more persons are said to consent when

they agree

they agree upon the same thing

they agree upon the same thing in the same sense

hey agree upon the same thing in the same sense at the given locatio

11. A and B make a contract grounded on the erroneous belief that a particular debt is barred by the Indian Law of Limitations. This contract is

void

voidable

illegal

opposed to public policy

12. A, who is B’s ‘mukhtar’, promises to exercise his influence, as such, with B in favour of C, and C promises to pay Rs. 20,000 to A. The agreement is

voidable because it is immoral

void because it is immoral

opposed to public policy

void because consideration is unlawful

13. A pays Rs.10,000 to B for manufacturing a machine. When it is partly manufactured, the contract is discharged by frustration. What is the remedy available to parties?

A can recover Rs. 10,000 from B

A need not pay any further amount to B

B can retain Rs. 10,000

B is entitled only to expenses incurred before the time of discharge