Ch 3 - Other Essential Elements of a Valid Contract 9 Created on July 23, 2023 By admin Capacity of Parties Quiz 1 / 9 Minor’s contract is __________. Voidable Voidable at the option of the minor Illegal Void 2 / 9 A contract for the benefit of the minor is: Valid Void Voidable Illegal 3 / 9 An agreement with a minor is: Void Voidable Valid Illegal 4 / 9 A minor is a person who has not attained the age of: 15 years 18 years 21 years 25 years 5 / 9 For necessaries supplied to a minor __________. he is personally liable his parents are liable his estate is liable the contract is valid under Indian law 6 / 9 A minor __________. Can be a promisee Cannot be an agent Can be a principal Can ratify a past contract entered during minority 7 / 9 __________ is the most extreme form of mental un-soundness? Lunacy Incapacity Minority Idiocy 8 / 9 A mortgage executed by minor is __________. Void Voidable Both (a) and (b) Neither (a) nor (b) 9 / 9 A supplies B, a lunatic, with necessaries suitable to his condition in life. A is __________. Not entitled to be reimbursed from B’s property Entitled to be reimbursed from B’s property Personally liable None of these Your score isThe average score is 70% LinkedIn Facebook Twitter VKontakte 0% Restart quiz 3 Created on July 23, 2023 By admin Capacity of Parties T/F 1 / 13 A minor can be a promisee in a contract. True False 2 / 13 A person who is usually of unsound mind cannot enter into a contract even when he is of a sound mind. True False 3 / 13 Minor can be held personally responsible for the necessaries supplied to him. True False 4 / 13 A minor can ratify his contract after attaining majority. True False 5 / 13 A minor can be a partner in a firm. True False 6 / 13 A person, who is usually of unsound mind but occasionally of sound mind, can always enter into a valid contract. True False 7 / 13 A contract to take a loan by a boy of sixteen years of age from a money lender of 50 years old is a valid contract. True False 8 / 13 Husband and wife cannot enter into a valid contract. True False 9 / 13 A minor can be an agent. True False 10 / 13 A minor can be declared as an insolvent. True False 11 / 13 Contracts with a lunatic during lucid intervals are valid. True False 12 / 13 A promissory note duly executed in favour of a minor is void. True False 13 / 13 A person who is usually of sound mind, but occasionally of unsound mind cannot enter into contract when he is of unsound mind. True False Your score isThe average score is 63% LinkedIn Facebook Twitter VKontakte 0% Restart quiz 5 Created on July 23, 2023 By admin Free Consent Quiz 1 / 21 If there is no consent the agreement is: Void Voidable Illegal Valid 2 / 21 If consent in not free due to coercion, undue influence, fraud, and misrepresentation then the agreement is: Void Voidable Illegal Valid 3 / 21 If the agreement is made by obtaining consent by doing an act forbidden by the Indian Penal Code, the agreement would be caused by: Coercion Fraud Misrepresentation Undue influence 4 / 21 An agreement made under mistake of fact, by both the parties, forming the essential subject matter of the agreement is: Void Voidable Valid Unenforceable 5 / 21 Unlawfully detaining or threatening to detain any property, to the prejudice of any person making him to enter into an agreement amounts to: Threat Coercion Undue influence Misappropriation 6 / 21 An agreement caused by unilateral mistake of fact is: Void Voidable Illegal Valid 7 / 21 Where a person is in a position to dominate the will of another person and uses that position to obtain on unfair advantage it is called: Fraud Coercion Undue influence Misrepresentation 8 / 21 A buys an article thinking that it is worth ₹ 100 when in fact it is worth only ₹ 50. There has been no misrepresentation on the part of the seller. The contract is: Valid Void Voidable Unenforceable 9 / 21 While obtaining the consent of the promisee, keeping silence by the promisor when he has a duty to speak about the material facts, amounts to consent obtained by: Coercion Misrepresentation Mistake Fraud 10 / 21 With regard to the contractual capacity of a per-son of unsound mind, which one of the following statements is most appropriate? A person of unsound mind can never enter into a contract A person of unsound mind can enter into a contract A person who is usually of unsound mind can contract when he is, at the time of entering into a contract, of sound mind A person who is occasionally of unsound mind can contract although at the time of making the contract, he is of unsound mind 11 / 21 When a person, who is in dominating position, obtains the consent of the other by exercising his influence on the other, the consent is said to be obtained by: Fraud Intimidation Coercion Undue influence 12 / 21 Lending money to a borrower, at high rate of interest, when the money market is tight renders the agreement of loan: Void Valid Voidable Illegal 13 / 21 “Active concealment of fact” is associated with which one of the following? Misrepresentation Undue influence Fraud Mistake 14 / 21 Silence is fraud when silence is, in itself equivalent to speech. This statement is: True False Untrue in certain cases None of these 15 / 21 If A sells, by auction to B a horse which A knows to be unsound and A says nothing to B about the horse’s unsoundness, this amounts to: Fraud Not fraud Unlawful Illegal 16 / 21 A master asks his servant to sell his cycle to him at less than the market price. This contract can be avoided by the servant on grounds of: Coercion Undue influence Fraud Mistake 17 / 21 A threatens to shoot B, if B does not agree to sell his property to A at a stated price. B’s consent in this case has been obtained by ________. Fraud Undue influence Coercion None 18 / 21 ‘A’ threatened to commit suicide if his wife did not execute a sale deed in favour of this brother. The wife executed the sale deed. This transaction is: Voidable due to under influence Voidable due to coercion Void being immoral Void being forbidden by law 19 / 21 When both the parties to an agreement are under a mistake as to a matter of fact essential to an agreement, the agreement is: Void Valid Voidable Illegal 20 / 21 If both the parties to a contract believe in the existence of a subject, which infact does not exist, the agreement would be ________. Unenforceable Void Voidable None of these 21 / 21 A person is deemed to be in a position to dominate the will of another if he: Holds real or apparent authority Stands in a fiduciary relationship Both (a) and (b) Either (a) or (b) Your score isThe average score is 65% LinkedIn Facebook Twitter VKontakte 0% Restart quiz 3 Created on July 23, 2023 By admin Free Consent T/F 1 / 17 A threat to commit suicide does not amount to coercion. True False 2 / 17 A deceit which does not deceive is no fraud. True False 3 / 17 In the absence of consent, there can be no contract. True False 4 / 17 A contract is not voidable merely because it was caused by one of the parties to it being under a mistake as to a matter of fact. True False 5 / 17 Mere silence as to facts likely to affect the willingness of a person to enter into contract is not fraud. True False 6 / 17 A person who is usually of unsound mind but occasionally of sound mind can always enter into contract. True False 7 / 17 Consent obtained by fraud makes the agreement void. True False 8 / 17 In case of fraud, the aggrieved party loses the right to rescind the contract if he had the means of dis-covering the truth by ordinary diligence. True False 9 / 17 If there is no damage, there is no fraud. True False 10 / 17 Undue influence can be exercised only by a party to the contract. True False 11 / 17 Undue influence involves use of moral pressure. True False 12 / 17 A threat amounting to coercion must necessarily proceed from a party to the contract. True False 13 / 17 A contract is not voidable only because there is a mistake of Indian law. True False 14 / 17 Ignorance of foreign law is put on a same level with ignorance of fact. True False 15 / 17 If one of the parties to a contract was under a mistake as to the matter of fact, the contract is voidable. True False 16 / 17 A promise made without any intention of performing it amounts to fraud. True False 17 / 17 Undue influence can be exercised only between the parties who are related to each other. True False Your score isThe average score is 62% LinkedIn Facebook Twitter VKontakte 0% Restart quiz 4 Created on July 23, 2023 By admin Void Agreements Quiz 1 / 29 An agreement in restraint of marriage is: Voidable Void Valid Illegal 2 / 29 An agreement will be unlawful if: There is no consent Consent is not free There is no consideration The object is forbidden by law 3 / 29 An agreement in restraint of parental rights is __________. Void Valid Voidable Defective 4 / 29 A void agreement is __________. Illegal Enforceable by law Not enforceable by law None of these 5 / 29 The period of limitation for simple contract in India is __________. 2 years 3 years 6 years 8 years 6 / 29 A wagering agreement in India is declared by the Contract Act as __________. Illegal and void Void but not illegal Voidable at the option of the aggrieved party Immoral 7 / 29 In a wagering agreement: Both the parties win Both the parties loose None of the parties wins One party wins and the other looses 8 / 29 A contract of insurance is a : Contract of guarantee Contract of indemnity Wagering agreement Contingent contract 9 / 29 A wagering agreement is: Voidable Void Valid Illegal 10 / 29 An agreement in restraint of trade is: Voidable Valid Void Illegal 11 / 29 M, who is a dealer in mustard oil only, agrees to sell to N ‘500 litres of oil’. This agreement is __________. Valid contract Void contract Voidable contract Unenforceable contract 12 / 29 If the contract is impossible in itself physically or legally the agreement is __________. Void contract Voidable Void ab initio None of these 13 / 29 An agreement of service under which an employ¬ee agrees that he will serve a particular employer for a certain duration and that he will not serve anybody else during that period, is a __________. Valid agreement Void agreement Illegal agreement None of these 14 / 29 An agreement which restricts a person’s freedom 9 to marry or to marry any person of his choice is against public policy and is __________. Lawful Illegal Void None of these 15 / 29 Agreement to do an impossible act has been declared __________. Void Voidable Enforceable None of these 16 / 29 A, while filling up the insurance application form, states his age as 25 believing it to be true. His actual age was 27. The Life Insurance Corporation issued a policy in his favour charging a lower premium than what it should have charged if the actual age had been given. This is a case of __________. Fraud Misrepresentation Undue influence Mistake of fact 17 / 29 A leaves a firm doing a particular business in Mumbai. He agrees with the other partners of the firm not to start a similar business as that of the firm in and around Mumbai for 3 years. This agreement is __________. Valid Immoral Illegal Void 18 / 29 P engages B to kill C and borrows ₹ 100 from D to pay B. If D is aware of the purpose of the loan, the transaction is __________. Valid Void Illegal Not enforceable 19 / 29 A promises B to pay ₹ 100 if it rains on Monday, and B promises A to pay ₹ 100 if it does not rain on Monday. This agreement is __________. a valid agreement a voidable agreement a wagering agreement an illegal agreement 20 / 29 A and B agree that A shall pay ₹ 1000 for which B shall afterwards deliver to A either rice or smuggled opium. In this case __________. The first agreement is void and the second voidable The first is voidable and the second is void The first is valid and the second is void The first is void and the second is valid 21 / 29 A agrees with B to discover treasure by magic for a consideration of ₹ 500. This is __________. A void agreement A void contract A valid agreement An unenforceable contract 22 / 29 A enters into an agreement with B who has robbed A of ₹ 10,000 to drop prosecution against him (B) in consideration of B’s returning ₹ 8,000. Afterwards B refused to pay. A can get from B __________. ₹ 8,000 ₹ 100 Nothing ₹ 10,000 plus damages 23 / 29 A asks B to beat C, promising to compensate B against the consequences. B beats C and is fined ₹ 100. B can recover from A __________. ₹ 50 ₹ 100 Nothing ₹ 100 plus damages 24 / 29 B let a cabin on hire to P a prostitute, knowing that it would be used for immoral purposes. The agreement is __________. Enforceable Valid Voidable Void 25 / 29 B, having discovered a vein of ore on the estate of A, adopts means to conceal, and does conceal, the existence of the ore from A. Owing to A’s ignorance B is enabled to buy the estate at a low price. The contract is __________. Valid Void Voidable at the option of A Invalid 26 / 29 Rajeev entered into a contract with Lata to marry her on a fixed date. However, before the marriage date. Rajeev went mad. With reference to the Indian Contract Act which is the valid response? Lata can’t marry till Rajeev dies The executers of Rajeev can enforce the contract against Lata The contract becomes void All the statements are correct 27 / 29 A promises B to drop a prosecution which he has instituted against B for robbery, and B promis¬es to restore the value of the things taken. The agreement is __________. Valid Void Voidable A contract 28 / 29 X promises to marry Y after the death of his wife. This agreement is __________. Valid Void Illegal Invalid 29 / 29 X, a tailor, employed Y as his assistant under an agreement that Y, on termination of his employment shall not start the business of a tailor. This restraint is __________. Void Valid Illegal Voidable Your score isThe average score is 70% LinkedIn Facebook Twitter VKontakte 0% Restart quiz 3 Created on July 23, 2023 By admin Void Agreements T/F 1 / 11 An Agreement to discover treasure by magic is valid. True False 2 / 11 Insurance contracts are basically wagering contracts. True False 3 / 11 A contract by which two or more persons agree to refer their disputes if any to arbitration shall be illegal. True False 4 / 11 Wagering agreements do not cover insurance contracts. True False 5 / 11 Lotteries authorised by the Government are not to be taken as of wagering nature. True False 6 / 11 An Agreement to refer a future dispute to arbitration is perfectly valid. True False 7 / 11 An illegal contract is fatal to the main contract, but not to collateral transactions. True False 8 / 11 Transactions incidental to wagering agreements are not void. True False 9 / 11 An agreement the meaning of which is not certain or capable of being made certain is not void. True False 10 / 11 An agreement which extinguishes personal legal rights of the parties is void. True False 11 / 11 Speculative transactions being wagering transactions are void. True False Your score isThe average score is 57% LinkedIn Facebook Twitter VKontakte 0% Restart quiz
