CONTRACT ACT MCQ FOR CSEET 2023 PART 4

1. The void agreement is one which is:

(a) valid but not enforceable

(b) enforceable at the option of both the parties

(c) enforceable at the option of one party

(d) not enforceable in a Court/Tribunal of law.

Answer: (d)

2. When the consent of a party is not free, the contract is:

(a) void

(b) voidable

(c) valid

(d) illegal.

Answer: (b)

3. Consideration must move at the desire of:

(a) promisor

(b) promisee

(c) any other person

(d) any of these.

Answer: (a)

4. Ordinarily, a minor’s agreement is:

(a) voidab initio

(b) voidable

(c) valid

(d) unlawful.

Answer: (a)

5. In Case of Illegal agreements, the collateral agreements are:

(a) valid

(b) void

(c) voidable

(d) any of these.

Answer: (b)

6. On the valid performance of the contractual obligations by the parties, the contract:

(a) is discharged

(b) becomes enforceable

(c) becomes void

(d) none of these.

Answer: (a)

7. A contract is discharged by rescission which means the:

(a) change in one or more terms of contract

(b) acceptance of lesser performance

(c) abandonment of rights by a party

(d) cancellation of existing contract.

Answer: (d)

8. In case of breach of contract, which of the following remedy is available to aggrieved party?

(a) Suit for rescission

(b) Suit for damages

(c) Suit for specific performance

(d) All of these.

Answer: (d)

9. A voidable contract is one which:

(a) can be enforced at option of aggrieved party

(b) can be enforced at option of both parties

(c) cannot be enforced in a Court/Tribunal of law

(d) Courts prohibit.

Answer: (a)

10. A agrees to sell his car worth ` 1,00,000 to B for ` 20,000 only and A’s consent was obtained by coercion. Here, the agreement is:

(a) void

(b) valid

(c) voidable

(d) unlawful.

Answer: (c)

11. When the consent to an agreement is obtained by coercion, the agreement is voidable at the option of:

(a) either party to agreement

(b) a party whose consent was so obtained

(c) a party who obtained consent

(d) none of these.

Answer: (b)

12. A agrees to pay ` 1,000 to B if a certain ship returns within a year. However, the Ship sinks within the year. In this case, the contract becomes:

(a) valid

(b) void

(c) voidable

(d) illegal.

Answer: (b)

13. A party entitled to rescind the contract, loses the remedy where:

(a) he has ratified the Contract

(b) third party has acquired right in good faith

(c) contract is not separable and recission is sought of party only.

(d) all of these.

Answer: (d)

14. Threat to commit suicide amounts to:

1. Coercion

2. Offence under the Indian Penal Code

3. Undue Influence

4. Fraud

(a) 1 & 2

(b) 2 & 3

(c) 3 & 4

(d) 1 & 4

Answer: (a)

15. Contract caused by which of following is voidable?

1. Fraud

2. Mis-representation

3. Coercion

4. Bilateral Mistake

(a) 1, 2, 3

(b) 2, 3, 4

(c) 1, 2, 4

(d) 1, 2, 3, 4

Answer: (a)