Judiciary and Law MCQs

Page No. 113

The person who during the contract of bailment deliver goods is called ?


aBailor

✓


bBailee

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cBoth A and B

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dNone of above

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View Answer Bailor

The term “Bailment” means________________?


aA delivery of a thing entrusted for some special purpose or object upon a contract

✓


bDelivery of goods free of cost

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cDelivery of goods without cost for welfare of public

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dNone of above

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As per section 143, of the Contract Act guarantee obtain by the creditor by concealment is _______________?


aInvalid

✓


bValid

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cBoth A and B

✖


dNone of above

✖


View Answer Invalid

A continuing guarantee may at any time be revoked by the surety as to future transaction by giving notice to ________________?


aThe creditor

✓


bPrincipal debtor

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cWithout giving any notice to any person

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dNone of above

✖


View Answer The creditor

In contract of guarantee the person who gives guarantee is called __________________?


aSurety

✓


bPrincipal debtor

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cBoth (a) and (b)

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dNone of above

✖


View Answer Surety

“Guarantee” means_______________?


aSurety

✓


bThe word is also used as a name, to denote the contract of guarantee or the obligation of grantor

✖


caAll the above

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dNone of above

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View Answer Surety

Section 142 of the Contract Act 1872 deals with _________________?


aGuarantee obtained by free consent

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bGuarantee obtained by fraud

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cGuarantee obtained by miscrepresentation

✓


dNone of above

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A guaranfee which extend to a series of transactions is called ____________________?


aSpecial guarantee

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bContinuing guarantee

✓


cSpecific guarantee

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dNone of above

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View Answer Continuing guarantee

The contract of insurance is infact contract of________________?


aUrgency

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bIndemnity

✓


cBoth A and B

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dNone of above

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View Answer Indemnity

Section 124, of the Contract Act, define_________________?


aContracts of minor

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bContracts of conditions

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cContracts of conditions

✓


dNone of above

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