1. Which of the following is a ground of supervening impossibility
(a) Strikes
(b) Lock-Outs
(c) Riots
(d) None of the above
2. The damages in their nature are
(a) Restoring
(b) Compensatory
(c) Reimbursing
(d) None of these
(a) Restoring
(b) Compensatory
(c) Reimbursing
(d) None of these
3. A contract of indemnity is a type of
(a) Quasi Contract
(b) Wagering Contract
(c) Contingent Contract
(d) Voidable Contract
(a) Quasi Contract
(b) Wagering Contract
(c) Contingent Contract
(d) Voidable Contract
4. The person who gives a guarantee is called
(a) Principal Debtor
(b) Surety
(c) Indemnifier
(d) Creditor
(a) Principal Debtor
(b) Surety
(c) Indemnifier
(d) Creditor
5. A guarantee given for loan taken by a minor is
(a) Illegal
(b) Void
(c) Valid
(d) Voidable
(a) Illegal
(b) Void
(c) Valid
(d) Voidable
6. The liability of surety is
(a) Co-extensive with that of principal debtor
(b) More than principal debtor
(c) Always less than the principal debtor
(d) Always decided by the Court
(a) Co-extensive with that of principal debtor
(b) More than principal debtor
(c) Always less than the principal debtor
(d) Always decided by the Court
7. A bailment cannot be made about
(a) A Car
(b) Furniture
(c) Money
(d) Television
(a) A Car
(b) Furniture
(c) Money
(d) Television
8. In a bailment, there is a transfer of goods
(a) Custody
(b) Ownership
(c) Possession
(d) Both (b) & (c)
(a) Custody
(b) Ownership
(c) Possession
(d) Both (b) & (c)
9. General lien can be exercised by
(a) Banker
(b) Mechanics
(c) Unpaid Seller
(d) Finder of goods
(a) Banker
(b) Mechanics
(c) Unpaid Seller
(d) Finder of goods
10. Which of the following is not an essential element of agency
(a) Principal
(b) Agent
(c) Consideration
(d) An agreement
(a) Principal
(b) Agent
(c) Consideration
(d) An agreement
MCQs on Indian Contract Act 1872
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