MCQs on Indian Contract Act 1872 (14)

1. Which of the following statement is not true about minor’s position in a firm? 

(a) He cannot became a partner 
(b) He can became a partner 
(c) He can be admitted only to the benefits 
(d) He can become a partner after majority attaining 


2. Which of the following statement is true? 

(a) A contract with a minor is voidable at option of minor 
(b) An agreement with a minor can be ratified after he attains majority 
(c) A person who is usually of unsound mind cannot enter into a contract when he is of sound mind 
(d) A person who is usually of sound mind cannot enter into a contract when he is of unsound mind 


3. When the consent of both the parties is given by mistake, the contract is

(a) Void 
(b) Valid 
(c) Voidable 
(d) Illegal 


4. The contract is void on account of bilateral mistake of fact, but if there is a mistake of only one party, then contract is

(a) Void 
(b) Valid 
(c) Voidable 
(d) Illegal 


5. A contract made by mistake about Indian law is

(a) Void 
(b) Valid 
(c) Voidable 
(d) Illegal 


6. A contract made by mistake about some foreign law, is

(a) Void 
(b) Valid 
(c) Voidable 
(d) Illegal 


7. A mistake as to law not in force in India has the effect as

(a) Mistake of fact 
(b) Mistake of Indian law 
(c) Fraud 
(d) Misrepresentation 


8. In case of innocent misrepresentation

(a) Contract become voidable and damages are payable 
(b) Contract become voidable and damages are not payable 
(c) Contract become valid and damages are payable 
(d) Contract remains valid and damages are not payable. 


9. In case of willful misrepresentation or fraud

(a) Contract becomes voidable & damages are payable 
(b) Contract become voidable & damages are not payable 
(c) Contract become void & damages are payable 
(d) Contract become void & damages are not payable. 


10. Consent is not said to be free when it is caused by 

(a) Coercion 
(b) Undue influence 
(c) Fraud 
(d) All of above 



MCQs on Indian Contract Act 1872
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