CMA Foundation Ch 2 Unit 3 Consideration, Legality of Object Quiz 0 Created on November 30, 2023 By admin CMA Foundation Chapter 2 Unit 3 Consideration, Legality of Object and Consideration Quiz 1 1 / 25 An agreement said to be opposed to public policy when it. Is injurious to the welfare of the society. Tends to prejudice the welfare of the society. Either (a) or (b) Is against provision of any law 2 / 25 Which of the following type of agreement are void being regarded as immoral ? Agreement interfering with marital relations. Agreement to marry a woman after the death of her husband or after she seeks divorce Agreement with prostitutes. All of the above are regarded as immoral, thus void. 3 / 25 A agreed, for some money, to give her daughter for concubine to B. The agreement is Valid Voidable Restricted Void 4 / 25 Where the object or consideration of an agreement is regarded as immoral, the agreement is Void Voidable Restricted Valid 5 / 25 An agreement to commit a crime or any wrongful act for which a civil suit can be brought is Void Voidable Valid None of these 6 / 25 A,B and C entered into an agreement to carry on some fraudulent, business and to share the profit in equal shares. This agreement is Valid Voidable Void Fraudulent 7 / 25 Where the object or consideration of an agreement is fraudulent, the agreement is Valid Void Fraudulent Voidable 8 / 25 A agrees to pay Rs. 25,000 to B if he becomes surety for A in a criminal case pending in the court of law. This agreement is Void Valid Allowed Contingent 9 / 25 Where the object or consideration of an agreement is not directly forbidden by law, but is of such a nature that if permitted. It would defeat the provision of any law, the agreement is Contingent Voidable Valid Void 10 / 25 A agrees to pay Rs. 2 lakh to B if he kills C. The agreement is Valid Voidable Void Wagering 11 / 25 A agrees to Ra 5 lakhs to B if he (B) procures an employment for A in Income Tax Department. The agreement is Valid Void Voidable Contingent 12 / 25 Where the object or consideration of an agreement is forbidden by law, the agreement is Void Voidable Valid Illegal 13 / 25 In which of the following cases the object or consideration of an agreement it not unlawful? Where it is not opposed to public property Where it does not defeat the provision of any law Where it is injurious to another person or his property Both (a) and (b). 14 / 25 In which of the following cases, the object or consideration of an agreement is considered unlawful ? Where it is forbidden by law Where it is fraudulent Where it is immoral All of the above 15 / 25 The cases in which the object or consideration is considered unlawful, are provided in Where it is opposed to public policy Where it defeats the provision of any law Where it is not as per the requirements of promisee Where it is injurious to another person or his property 16 / 25 In which of the following case, the consideration or object of an agreement is not considered unlawful? Where it is opposed to public policy Where it defeats the provision of any law Where it is not as per the requirement of promisee Where it is injurious to another person or his property. 17 / 25 The consideration or object of an agreement is considered unlawful where it is(i) forbidden by law(ii) fraudulent(iii) immoral(iv) inadequate, (i), (ii), (iii), (iv) (ii), (iii), (iv) (i), (ii), (iv) (i) (ii), (iii). 18 / 25 The definition of both the unlawful object and unlawful consideration is given in Section 10 Section 23 Both None 19 / 25 An agreement with lawful object but for an unlawful consideration, is ________________. Void Voidable wager Parially unlawful 20 / 25 An agreement for lawful consideration but with an unlawful object, is Void Voidable Wager Partially illeagal 21 / 25 An agreement for lawful consideration is void. It is emphasized in Section 10 Section 23 Both None 22 / 25 All agreements are contracts only if they are made for lawful consideration and with lawful object. It is emphasized in Section 10 Section 23 Both None 23 / 25 The provision regarding the legality of object and consideration is emphasized in Section 10 Secton 23 Both None 24 / 25 Every agreement of which the object or consideration is unlawful, is ___________. Void Voidable Valid Wager. 25 / 25 All agreement are contracts if they are made For lawful consideration only With lawful object irrespective of the legality of consideration For lawful consideration irrespective of the legality of object For lawful consideration as well as with lawful object Your score isThe average score is 0% LinkedIn Facebook Twitter VKontakte 0% Restart quiz 0 Created on November 30, 2023 By admin CMA Foundation Chapter 2 Unit 3 Consideration, Legality of Object and Consideration Quiz 2 1 / 25 An illegal agreement is void. However, a collateral transaction to an illegal agreement e.g., money borrowed to carry on an illegal business, is Valid Voidable Void Uncertain. 2 / 25 A let out this house to B, a known prostitute, for the purpose of her trade. It is an illegal agreement and void. Can A recover rent form B? Yes No 3 / 25 The law treats the illegal agreements as if it had not been made at all and thus, no right of action is available to either party . True False 4 / 25 An agreement to do an illegal act e.g., to share the earnings of smuggling business is Void Valid Voidable Contingent 5 / 25 Which of the following statements incorrect? An agreement which is immoral or opposed to pubic policy, is illegal. An agreement which is immoral or opposed to public policy, is illegal An illegal agreement is enforceable with the permission of court An illegal agreement is void and thus not enforceable in a court of law 6 / 25 An illegal agreement is __________ Void Voidable Valid Conditionally enforceable 7 / 25 An agreement forbidden by law is known as _______________ Legal agreement Illegal agreement Wagering agreement Invalid agreement 8 / 25 Which of the following agreements fall in the category of agreements opposed to public policy? Agreements to defraud creditors Agreements is restraint of legal proceedings. Agreements in restraint of trade All of these 9 / 25 An agreement is void if it is opposed to public policy. Which of the following is not covered by heads of public policy? Trading with an enemy Trafficking in public offices Marriage brokerage contract. Contracts to do impossible act 10 / 25 Agreements (a) in restraint of marriage, (b) in restraint of legal proceeding and (c) in restraint of trade have been expressly declared to be void by the Indian Contract Act. Do they also fall in the category of agreements opposed to public policy? Yes No 11 / 25 Which of the following agreements is void as being opposed to public policy? An agreement to indemnify a person against consequences of his criminal act. An agreement by a father to transfer the guardianship of his minor son to a third person An agreement which restricts the personal liberty of an individual All the above are void being opposed to public policy 12 / 25 An agreement to procure the marriage of a person in consideration of money is Called a marriage a brokerage contract Against the public policy Valid and enforceable Both (a) and (b). 13 / 25 An agreement to pay the lawyer according to the results of the case is against public policy, True False 14 / 25 A champertous agreement which is fair and made with bana fide object of assisting a person is valid True False 15 / 25 An agreement, to give assistance (monetary or otherwise) to another person to recover property by legal action and a to share the proceed of litigation, is known as Champertous agreement Stifling prosecution Maintenance agreement None of these. 16 / 25 An agreement not to prosecute an offender or to withdraw a pending prosecution is void. And is known as the agreement for Known as the agreement Champerty Stifling prosecution None of these 17 / 25 A agrees to pay Rs. 50,000 to B if he gives false evidence in his favour in case pending against him in a court of law. The agreement is Valid as such agreements are usually make and are recognised by courts Void as it interferes with administration and thus opposed to public policy Enforceable after seeking permission of the court Conditional depending upon the decision of the case 18 / 25 An agreement which interferes with the administration of justice is opposed to public policy. Which of the following agreements fall in this category? An agreement which obstructs the ordinary course of a justice An agreement for stifling prosecution A champertous agreement with malafide intention All of the above. 19 / 25 Which of the following statements are correct?(a) An agreement with voters to procure their votes for monetary consideration is void.(b) An agreement with a person for procuring a seat in a college for monetary consideration is void.(c) An agreement by way of wager is voidable.(d) An agreement restricting personal liberty is void. (i) (ii), (iii) (ii), (iii), (iv) (i), ( ii), (iv) (ii), (iii), (iv). 20 / 25 An agreement for the procurement of a public recognition such as Param Veer Chakra or any other title for monetary or other consideration is A quasi contract Contingent contract Opposed to public Not opposed to public policy 21 / 25 An agreement intended to induce a government officer to act corruptly, is Void being against public policy. Voidable being involving corrupt practices only. Valid being made according to routine corrupt practices. Enforceable with the permission of government. 22 / 25 Which of the following agreements do not fall in the category of agreements opposed to public policy? Agreement to commit a crime. Agreement restricting personal liberty. Agreement in restraint of parental right. Agreement of wagering nature. 23 / 25 Which of the following is not covered by heads of public policy? Trading with an enemy Contracts to do impossible acts Trafficking in public offices Marriage brokerage contracts 24 / 25 Which of the following is not covered by heads of public policy? Trading with an enemy Contracts to do impossible acts Trafficking in public offices Marriage brokerage contracts 25 / 25 An agreement opposed to public polity is ______________ Void Voidable Valid None of these Your score isThe average score is 0% LinkedIn Facebook Twitter VKontakte 0% Restart quiz
