MCQOPTIONS
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MCQOPTIONS
This section includes 3246 Mcqs, each offering curated multiple-choice questions to sharpen your Current Affairs knowledge and support exam preparation. Choose a topic below to get started.
| 1551. |
When a person invites the other party to make an offer, he is said to make a/an |
| A. | proposal |
| B. | offer |
| C. | invitation to offer |
| D. | acceptance |
| Answer» D. acceptance | |
| 1552. |
Terms of the offer must be |
| A. | ambiguous |
| B. | uncertain |
| C. | definite |
| D. | vague |
| Answer» D. vague | |
| 1553. |
The offer made to a specific person or group of persons is known as a |
| A. | standing offer |
| B. | specific offer |
| C. | special offer |
| D. | separate offer |
| Answer» C. special offer | |
| 1554. |
The offer which is allowed to remain open for the acceptance over a period of time is knownas a/an |
| A. | standing offer |
| B. | specific offer |
| C. | special offer |
| D. | implied offer |
| Answer» B. specific offer | |
| 1555. |
A proposal may consist of a promise for |
| A. | doing an act |
| B. | abstaining from doing an act |
| C. | either (a) or (b) |
| D. | returning the consideration |
| Answer» D. returning the consideration | |
| 1556. |
A offers to sell his car on internet, it is |
| A. | an express offer |
| B. | an implied offer |
| C. | a particular offer |
| D. | no offer |
| Answer» B. an implied offer | |
| 1557. |
The consideration is to be moved sometime after the formation of a contract, it is known as |
| A. | present consideration |
| B. | executory consideration |
| C. | past consideration |
| D. | executed consideration |
| Answer» C. past consideration | |
| 1558. |
The term privity of contract means |
| A. | stranger to contract |
| B. | contract is private |
| C. | first party to contract |
| D. | second party to contract |
| Answer» B. contract is private | |
| 1559. |
An agreement not supported by the consideration is called |
| A. | nudum pactum |
| B. | an invalid consideration |
| C. | ab initio |
| D. | namo dat quod non habet |
| Answer» B. an invalid consideration | |
| 1560. |
A consideration may be |
| A. | past |
| B. | present |
| C. | future |
| D. | either (a) or (b) or (c) |
| Answer» E. | |
| 1561. |
A consideration in a contract |
| A. | may be any thing |
| B. | nothing in return |
| C. | something in return |
| D. | may be illusory |
| Answer» D. may be illusory | |
| 1562. |
The doctrine of restitution refers to the restoration of property or goods, obtained by falserepresentation. This doctrine is |
| A. | beneficial to minors |
| B. | not applicable to minors |
| C. | applicable to minors |
| D. | none of the above |
| Answer» D. none of the above | |
| 1563. |
A minor’s guardian is not liable to the creditor for breach of contract by the minor, if thecontract is for __________ |
| A. | supply of necessaries |
| B. | supply of non-necessaries |
| C. | supply of services |
| D. | all of the above |
| Answer» E. | |
| 1564. |
A minor can be |
| A. | ratify his agreement after attaining majority |
| B. | be directed by the court for specific performance of the contract |
| C. | always plead his minority |
| D. | be held liable for cheques issued by him |
| Answer» D. be held liable for cheques issued by him | |
| 1565. |
A minor’s agreement is void. This was held in the case of |
| A. | mohiri bibee vs. dharmadas ghosh |
| B. | salma begam vs. jan mohamed khan |
| C. | balfour vs. balfour |
| D. | chinnaiya vs. ramaiya |
| Answer» B. salma begam vs. jan mohamed khan | |
| 1566. |
Competence to contract means |
| A. | age of the parties |
| B. | soundness of the mind of the parties |
| C. | both (a) & (b) |
| D. | intelligence of the parties |
| Answer» D. intelligence of the parties | |
| 1567. |
Capacity to contract means |
| A. | the parties are financially sound to make contracts |
| B. | the parties are physically able to enter into contracts |
| C. | the parties are legally competent to enter into contracts |
| D. | all of the above |
| Answer» D. all of the above | |
| 1568. |
The case of ‘no consent’, i.e., when there is no consent at all, is described by Salmond as |
| A. | error in causa |
| B. | error in consensus |
| C. | consensus ad idem |
| D. | offer and acceptance |
| Answer» C. consensus ad idem | |
| 1569. |
The maxim ‘Ignoranlia juris non excusa’ stands for |
| A. | law will not punish ignorant people |
| B. | law will punish illiterate people |
| C. | ignorant people can excuse law |
| D. | ignorance of law of land is no excuse |
| Answer» E. | |
| 1570. |
When one of the parties is under a mistake as to a matter of fact essential to the agreement, itis called |
| A. | unilateral mistake |
| B. | bilateral mistake |
| C. | partial mistake |
| D. | incomplete mistake |
| Answer» B. bilateral mistake | |
| 1571. |
Ubberima fidei means |
| A. | bad faith |
| B. | utmost good faith |
| C. | good faith |
| D. | no faith at all |
| Answer» C. good faith | |
| 1572. |
Duress under English contract law is similar to |
| A. | undue influence |
| B. | coercion |
| C. | fraud |
| D. | misrepresentation |
| Answer» C. fraud | |
| 1573. |
_________ means forcibly compelling a person to enter into a contract |
| A. | intimidation |
| B. | fraud |
| C. | mistake |
| D. | coercion |
| Answer» E. | |
| 1574. |
Consent means parties agreeing on |
| A. | the terms of contract |
| B. | some terms of contract |
| C. | the same thing in the same sense |
| D. | any matter of contract |
| Answer» D. any matter of contract | |
| 1575. |
Which of the following is a contingent contract? |
| A. | contract of insurance |
| B. | contract for doing impossible acts |
| C. | marriage contract |
| D. | wagering agreements |
| Answer» B. contract for doing impossible acts | |
| 1576. |
An agreement whereby one party assists another in recovering money or property and in turnshare in the proceeds of the action is called |
| A. | champerty |
| B. | maintenance |
| C. | stifling with prosecution |
| D. | trafficking the public office |
| Answer» B. maintenance | |
| 1577. |
Where a person agrees to maintain a suit, in which he has no interest, the proceeding isknown as |
| A. | champerty |
| B. | maintenance |
| C. | stifling with prosecution |
| D. | interference with course of justice |
| Answer» C. stifling with prosecution | |
| 1578. |
Which of these are not opposed to public policy? |
| A. | trading with enemy |
| B. | stifling prosecution |
| C. | compromise of compoundable offences |
| D. | agreement to commit a crime |
| Answer» D. agreement to commit a crime | |
| 1579. |
Share market transactions with a clear intention only to settle the price difference are |
| A. | wagering agreements |
| B. | not wagering agreements |
| C. | contingent contracts |
| D. | voidable agreements |
| Answer» B. not wagering agreements | |
| 1580. |
An athletic competitions are valid because they are |
| A. | games of skill |
| B. | just games |
| C. | game of luck |
| D. | all of the above |
| Answer» B. just games | |
| 1581. |
Which of the following is not a feature of a wagering agreement? |
| A. | chances of gain or loss |
| B. | uncertainty of future event |
| C. | neither party have control over future event |
| D. | neither parties should have an interest in the event |
| Answer» E. | |
| 1582. |
An illegal agreement is |
| A. | not enforceable by law |
| B. | prohibited under law |
| C. | either (a) & (b) |
| D. | both (a) & (b) |
| Answer» E. | |
| 1583. |
An uncertain agreement is |
| A. | voidable |
| B. | void |
| C. | valid |
| D. | illegal |
| Answer» C. valid | |
| 1584. |
In which of the following agreements, restraint of trade is valid? |
| A. | agreement with buyer of goodwill |
| B. | trade combinations not opposed to public policy |
| C. | partnership agreements |
| D. | all of the above |
| Answer» E. | |
| 1585. |
Which of the following agreements are valid? |
| A. | uncertain agreements |
| B. | wagering agreements |
| C. | agreements to do impossible events |
| D. | none of the above |
| Answer» E. | |
| 1586. |
The stifling agreement is |
| A. | wagering |
| B. | contingent |
| C. | voidable |
| D. | void |
| Answer» E. | |
| 1587. |
Consideration and object of an agreement is unlawful if it |
| A. | is fraudulent |
| B. | is possible |
| C. | is impossible |
| D. | all of the above |
| Answer» B. is possible | |
| 1588. |
Ex turpi causa non oritur action means? |
| A. | from an illegal cause, no action arises |
| B. | from an illegal cause action may arises |
| C. | from an legal cause action may arises |
| D. | from an legal cause action may not arises |
| Answer» B. from an illegal cause action may arises | |
| 1589. |
The promises forming consideration for each other are called |
| A. | reciprocal promises |
| B. | mutual promises |
| C. | independent promises |
| D. | none of the above |
| Answer» B. mutual promises | |
| 1590. |
The offer to perform the contract must be |
| A. | unconditional |
| B. | conditional |
| C. | rational |
| D. | provisional |
| Answer» B. conditional | |
| 1591. |
An offer of performance is known as a/an |
| A. | offer |
| B. | proposal |
| C. | tender |
| D. | acceptance |
| Answer» D. acceptance | |
| 1592. |
Offer to perform is called |
| A. | attempted performance |
| B. | caveat emptor jus in rem |
| C. | jus in personam |
| D. | jus in rem caveat emptor |
| Answer» B. caveat emptor jus in rem | |
| 1593. |
Where a party to contract transfers his rights under the contract to another person, it is legallyknown as |
| A. | novation of a contract |
| B. | rescission of a contract |
| C. | waiver of a contract |
| D. | assignment of a contract |
| Answer» E. | |
| 1594. |
Which is not the essential of a valid tender? |
| A. | tender must be conditional |
| B. | tender must be made at a proper place |
| C. | tender must be for obligation |
| D. | tender must be made at proper time |
| Answer» B. tender must be made at a proper place | |
| 1595. |
Performance of a contract means |
| A. | fulfilling all the obligations by the promisee |
| B. | fulfilling all the obligations by the promisor |
| C. | performing all the promises, and fulfilling all the obligations by all the parties |
| D. | both (a) & (b) |
| Answer» D. both (a) & (b) | |
| 1596. |
Intentional relinquishment of a right under the contract is called |
| A. | a waiver |
| B. | a breach |
| C. | a rescission |
| D. | an alteration |
| Answer» B. a breach | |
| 1597. |
If a person accepts a lesser sum of money than what was contracted for, in the discharge ofthe whole debt, it is known as |
| A. | a waiver |
| B. | a remission |
| C. | an alteration |
| D. | a rescission |
| Answer» C. an alteration | |
| 1598. |
When the parties mutually agree to change certain terms of the contract. This is called |
| A. | a rescission of the contract |
| B. | the novation of a contract |
| C. | an alteration of a contract |
| D. | a remission of a contract |
| Answer» D. a remission of a contract | |
| 1599. |
Rescission of a contract means |
| A. | the termination of the contract |
| B. | the renewal of the contract |
| C. | the alteration of the contract |
| D. | the substitution of the new contract in the place of the earlier one |
| Answer» B. the renewal of the contract | |
| 1600. |
The original contract needs not to be performed, if there is |
| A. | rescission of contract |
| B. | novation of contract |
| C. | alteration of contract |
| D. | all of the above |
| Answer» E. | |