Judiciary and Law MCQs

Page No. 119

A in consideration that B will employ C in collecting the rent of B’s zamindari, promises B to be responsible, to the amount of 5000 rupees for the due collection and payment by C of those rents. This is a________________?


aRestricted guarantee


bContinuing guarantee


cLimited guarantee


dNone of above


View Answer Continuing guarantee

Section 124 to 147, of the Contract Act, deals with _________________?


aContracts of indemnity


bContracts of guarantee


cBoth A and B


dNone of above


View Answer Both A and B

A contract by which one party promises to save the other from loss caused to him by the conduct of the promisor himself or by the conduct of any other person is called______________?


aSurety contract


bSimple contract


cContract of indemnity


dNone of above


View Answer Contract of indemnity

“Indemnity” means__________________?


aSecurity from damage or loss


bSecurity for more profit


cAn act for protection


dBoth A and B


View Answer Both A and B

Chapter__________, of the Contract Act, deals with consequences of breach of contracts ?


aVI


bVII


cVIII


dNone of above


View Answer VI

Section 51, of the Contract Act, 1872 deals with performance of_______________?


aReciprocal promisor


bReciprocal Promisee


cBoth A and B


dNone of above


View Answer Reciprocal Promisee

Section __________, of the Contract Act deals with enforcement of contracts contingent on an event not happening ?


a32


b33


c34


dNone of above


View Answer 33

A makes a contract with B to buy B’s horse if A survives C. This contract cannot be enforceed by law ?


aUnless and until C dies in A’s life time


bUnless and until A dies in C’s life time


cBoth A and C dies


dNone of above



Agreement contingent on impossible events are________________?


aVoid


bVoidable


cBoth A and B


dAll of above


View Answer Void

The term “Contingent” means ?


aPossible but not assured


bDoubtful or uncertain


cBoth A and B


dAll of above


View Answer Both A and B

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