Judiciary and Law MCQs

Page No. 113

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


aBailor


bBailee


cBoth A and B


dNone of above


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


cDelivery of goods without cost for welfare of public


dNone of above



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


aInvalid


bValid


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


cWithout giving any notice to any person


dNone of above


View Answer The creditor

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


aSurety


bPrincipal debtor


cBoth (a) and (b)


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


dNone of above


View Answer Surety

Section 142 of the Contract Act 1872 deals with _________________?


aGuarantee obtained by free consent


bGuarantee obtained by fraud


cGuarantee obtained by miscrepresentation


dNone of above



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


aSpecial guarantee


bContinuing guarantee


cSpecific guarantee


dNone of above


View Answer Continuing guarantee

The contract of insurance is infact contract of________________?


aUrgency


bIndemnity


cBoth A and B


dNone of above


View Answer Indemnity

Section 124, of the Contract Act, define_________________?


aContracts of minor


bContracts of conditions


cContracts of conditions


dNone of above



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