Chapter- 11 The Indian contract act, 1872
THE INDIAN CONTRACT ACT, 1872
Sign in to Google to save your progress. Learn more
Email *
A contract by which one party promises to save the other from loss caused to him by the contract of the promisor  himself,  or  by  the conduct of any other person is called *
10 points
B requests A to sell and deliver to him goods on  credit. A agrees to do so, provided C will guarantee the payment of the price of the goods. C promises to guarantee the payment in consideration of A’s promise to deliver the goods. This is a contract of: *
10 points
What is a continuing guarantee? *
10 points
In the “contract of guarantee”, the person who gives the guarantee is called – *
10 points
In the “contract of guarantee”, the person to whom the guarantee is given is called: *
10 points
A ______ is the delivery of goods by one person to another for some purpose, upon a contract that they shall, when the purpose is accomplished, be returned or otherwise disposed of according to the directions of the person delivering them.: *
10 points
In case of bailment, the person delivering the goods and the person to whom they are delivered are called respectively- *
10 points
Who amongst the following has a general lien on the goods bailed to them? *
10 points
The bailment of goods as security for payment of a debt or performance of a promise is called *
10 points
A contract of indemnity is a *
10 points
A contracts to save B against the consequences of any proceedings, which C may take against B in respect of a certain sum of 500 rupees. This is a: *
10 points
ln a Contract of Guarantee there is/are: *
10 points
S and P go into a shop. S says to the shopkeeper, C, “Let P have the goods, and if he does not pay you, I will. “This is a: *
10 points
A guarantee obtained by a creditor by keeping silence as to material circumstances is *
10 points
A bailee has: *
10 points
The delivery of goods by one person to another as security for the payment of a debt is called *
10 points
The position of a finder of lost goods is that of a *
10 points
_______is one who represents to be an agent of another when in reality he has no such authority from the other agent at all. *
10 points
Out of the following, who can appoint an Agent? *
10 points
When an authority of agent is said to be implied: *
10 points
Substituted Agent is agent of the *
10 points
L made an offer to MD of a company. MD accepted the offer though he had no authority to do so. Subsequently L withdrew the offer but the company ratified the MD’s acceptance. State which of the statement given hereunder is correct *
10 points
A is residing in Delhi and has a house in Mumbai. A appoints B by a power of attorney to take care of his house. State the nature of agency created between A and B *
10 points
Prince delivers his car to Manoj, a garage owner for repair. Who is the bailor in this case? *
10 points
A had to travel to a different town for 5 days. He left his cow in the custody of B so that she can be taken care of. After two days the cow delivers a calf. Now, B has to return to A: *
10 points
A, B and C, as sureties for D, enter into three bonds, each in a different penalty, namely, A in the penalty of 1,00,000 rupees, B in that of 2,00,000 rupees, C in that of 4,00,000 rupees, conditioned for D’s duly accounting to E. D makes default to the extent of 3,00,000 rupees. According to the Indian Contract Act, 1872: *
10 points
Mr. A puts ‘M’ as the cashier under Mr. B and agrees to stand as surety provided ‘B’ checks the cash every month. ‘M’ embezzles cash. According to the Indian Contract Act, 1872: *
10 points
A guarantees to C, to the extent of 2,00,000 rupees, payment for rice to be supplied by C to B. C supplies to B rice to a less amount than 2,00,000 rupees, but obtains from A payment of the sum of 2,00,000 rupees in respect of the rice supplied. As per the provisions of the Indian Contract Act, 1872: *
10 points
A contracts with B for a fixed price to construct a house for B within a stipulated time. B would supply the necessary material to be used in the construction. C guarantees A’s performance of the contract. B does not supply the material as per the agreement. As per the provisions of the Indian Contract Act, 1872: *
10 points
[May 2007 (1)] - In a contract of guarantee a person, who promises to discharge another’s liability is called: *
10 points
[May 2010(1)] - Pick out the correct answers from the following: A without B’s authority lets out B’s flat to C.  Afterwards B accepts rent of flat from C. It is an agency by: *
10 points
[May 2011 (1)] - Choose the correct answer from the following:An agency in which the agent himself has interest in the subject matter of agency is called: *
10 points
A contract in which one person promises to compensate the other for the loss suffered by him due to conduct of the promisor or of any other person, is known as a: *
10 points
The party who gives the indemnity is known as: *
10 points
The liability of a surety is: *
10 points
A lent his car to his friend B, for two days without any charges. It is a: *
10 points
Any increase of profit from the goods bailed belongs to: *
10 points
Which of the following statement(s) is/are not correct with reference to Indian Contract Act, 1872? *
10 points
A person who appoints another person to do work on his behalf is known as: *
10 points
A person appointed by the on agent to act in the business of agencv, but under the control of original agent is known as *
10 points
Which of the following statement(s) is/are not true? *
10 points
Where the agent contracts for a principal who is not competent to contract, in such a case the agent is: *
10 points
In case the principal revokes the agency, he: *
10 points
Which of the following statement(s) is/are not correct with reference to Indian Contract Act, 1872? *
10 points
Which of the following statement(s) is/are incorrect with reference to Indian Contract Act, 1872? *
10 points
Submit
Clear form
This content is neither created nor endorsed by Google. Report Abuse - Terms of Service - Privacy Policy
Google Forms