Elementor #2102

Which of the following contracts are not void under the Indian Contract Act 1872? In restraint of Marriage In restraint of trade Against public policy None of the above

The right to surety to indemnity is an incident of the guarantee: The principal-debtor will be liable Without the necessity of any further request for all sums subsequently paid by the surety under the guarantee as money paid to the use of the principal-debtor Both (A) and (B) None of these

The term law in the expression “forbidden by law” would include any enactment or rule of law for the time being in force in India which would fall under which of the following sub heads? The provisions of any legislative enactment The rules of Hindu or Mahomedan law Other rules for the time being in force in India All of them

The word ‘loss or damage may be: Harm to person Harm to property Injury to economic position All of them

To constitute a bailment, the actual or constructive possession of specific movable property (goods) must be vacated by: Its owner or possessor (bailor) His agent duly authorised for that purpose, in favour of another per son (the bailee) Either (A) or (B) None of these

Unconscionable contract is an: Agreement that is so outrageously unfair to one party that a Court refuses to enforce it in a Court of law Agreement that is so outrageously unfair to one party which can still be enforced it in a Court of law Either (A) or (B) None of these

Under which of the following bailee is not responsible on re-delivery to bailor without title in the Indian Contract Act, 1872? Section 166 Section 159 Section 163 Section 160

Under which of the following pawnee is not to retain for debt or promise other than that for which goods pledged in the Indian Contract Act, 1872? Section 174 Section 171 Section 173 Section 178

Void contract is: A contract which ceases to be enforceable by law but is in effect A contract which ceases to be enforceable by law is no longer enforceable Either (A) or (B) None of these

When did the Indian Contract Act, 1872 come into force? September 1 September 5 September 7 September 10

When the guarantee is expressed to be a continuing guarantee and to apply to the balance for time-to- time owing by the principal-debtor to the creditor times runs: Only from the date when each of such balance is con­stituted by the excess of total debits over total credits Not from the date when each advance is made to the principal-debtor Either (A) or (B) None of these

Where a contract is one of guarantee: The surety need not be called upon to pay unless the principal-debtor has committed a default The surety is entitled to all the rights, viz, of discharge, subrogation of securities, indemnity from the principal-debtor, etc. provided in ss. 133 to 145; though an indemnifier is entitled to rights given by ss. 140 and 141 Both (A) and (B) None of these

Where the law is codified, it is of little avail enquire what is the law apart from such codification. The code itself must be looked to as the guide in the matter. This refers to which of the following cases: Burn & Co. v. McDonald Produce Brokers Co. Ltd. v. Olympia Oil and Cake Co. Ltd. Moult v. Halliday Llyod v. Guibert

Where the seller wrongfully neglects or refuses to deliver the goods to the buyer, the buyer may sue the seller for: Damages for non-delivery Specific performance subject to the provisions of the Specific Relief Act, 1963 Breach of warranty in which event the buyer may set up against the seller such breach in diminution or extinction of the price or sue the seller for damages for breach of warranty All of them

Which of the deals with the effect of novation, rescission and alteration of contract in the Indian Contract Act, 1872? Section 68 Section 67 Section 65 Section 62