MCQs______________Hourly BBA Dec-2014

Q.1.. Which one of the following is correct?

Q.10. A proposal when accepted became a
(a) promise
(a) Contract Act, 1882
(b) offer
(b) Contract Act, 1972
(c) contract
(c) Contract Act, 1872
(d) acceptance
(d) Contract Act, 1888.

Q.2. Every contract is an agreement but every Q16. A contract is

agreement is not a contract. This statement is - (a) offer + acceptance
(a) Wrong (b) Agreement + Enforceability
(b) Correct (c) Offer + Enforceability
(c) Correct subject to certain exceptions (d) Offer + legal obligations.
(d) Partially correct.
Q17. The law of contract creates the right
Q.3. An Agreement is ___________________ (a) just in rem
(a) Offer (b) just in personam
(b) Offer + Acceptance (c) consensus ad idem
(c) Offer + Enforceability (d) none of these
(d) Contract.
Q18. A just in personam means a right against
Q.4. A contract is- (a) a specific person
(a) A promise to do something or abstain from (b) the public at large
doing something (c) a specific thing
(b) A communication of intention to do (d) none of these
something or abstain from doing something
(c) A set of promise Q19. A voidable agreement is enforceable by:
(d) An agreement enforceable by law. (a) none of the parties
(b) only one of the parties
Q.5. Valid Contracts - (c) one or more but not by the other or
(a) are made by free consent others
(b) are those where the parties to the contract (d) all the parties to the contract.
are competent to enter into an
agreement
(c) have lawful consideration & lawful object Q20. An illegal agreement is:
(d) all of the above. (a) void ab initio
(b) becomes void
Q.6. Which one of the following is an essential (c) void ab initio as well as punishable
element of a valid contract? (d) voidable

(a) Consideration Q23. An executoy contract is:

(b) Free Consent
(c) Competent Parties
(d) all the above.
Q.7 promises to give Rs.5,000 per month pocket
money to his son M. If L does not give the
pocket .money -
(a) M can sue his father .
(b) M has no remedy against L
(c) M can accept a lower pocket money
Q.8 One of the clauses in an agreement was -
"This, agreement shall not be legally
enforceable, but binding in honor only". In such
case, the agreement is -
(a) Invalid
(b) Valid
(c) Illegal
(d) Voidable
Q.9. A void agreement is one which is-
(a)Enforceable at the option of one party.
(b) Enforceable at the option of both the
parties.
(c) Valid but not enforceable.
(d) Not enforceable in a court of law.
(a) wholly unperformed
(b) may be partially performed or wholly
unperformed
(c) wholly performed
(d) none of the above
Q24. Law of contract is:
(a) the whole law of agreements
(b) the whole law of obligations
(c) neither the whole law of agreements nor
the whole law of obligations
(d) none of the above
Q25. The transactions collateral to an illegal
agreement are:
(a) not affected in any manner
(b) also illegal
(c) voidable at the option of the plaintiff
(d) void
Q26. A contract:
(a) may be void as originally entered into
(b) may became void subsequent to its
formation
(c) cannot became void under any
circumstances
(d) may became void at the will of a party.
MERCANTILE LAW CA POOJA SHARMA PH NO:
09811599587 THE INDIAN CONTRACt
Q27. A contract may be: and not by the contractual
(a) express agreements?
(b) implied (a) quasi contracts
(c) a or b (b) judgment of the court
(d) a and b (c) status obligations
Q28. An agreement with a minor is: (d) in all the three situations
(a) void Q35. Which of the following
(b) void ab initio persons can enter into a valid
(c) voidable contract?
(d) valid (a) minor
Q29. The object of an agreement (b) person of unsound mind
must be (c) illiterate person
(a) beneficial for the society (d) persons disqualified by nay law
(b) may be illegal to which they are subject to
(c) lawful Q36. State which of these statements
(d) may be immoral are true
Q30. Consideration may be: (a) A proposal when accepted
(a) present always becomes a contract
(b) past (b) All kinds of obligations created
(c) present or past but not future between the parties form
(d) present, past or future part of the contract
Q31. An agreement enforceable by (c) An agreement to agree in
law under Indian Contract Act may future is not a contract.
be: (d) None of these.
(a) in writing Q37. In a voidable contract:
(b) oral (a) parties are incompetent to
(c) a and b contract
(d) a or b (b) free consent of the parties is
Q32. Which of these statements are missing
true? (c) consideration is inadequate
(a) an agreement is a wider tern (d) the object is expressly
than contract declared void by the act itself.
(b) all agreements are contracts Q38. Which of these is a source of
but all contracts are not Indian Contract Act?
agreements (a) American mercantile law
(c) all legal obligations are (b) Vedas and Puranas
contracts (c) Law of merchants
(d) the Indian Contract Act applies (d) English mercantile law
to whole of India.
Q33. In which of these situations a
contract becomes void:
(a) supervening impossibility of an
act
(b) contract contingent on
happening of an uncertain
event
(c) in both the situations
(d) in none of the situations
Q34. Which of these obligations are
imposed by the general law of land