MCQs on The Indian Contract Act, 1872 Part 1

Q.21:- If the consent was caused by misrepresentation or by silence, fraudulent within the meaning of section 17, the contract, nevertheless, if the party whose consent was so caused had the means of discovering the truth with ordinary diligence:

• may be voidable
• may not be not voidable
• is voidable
• is not voidable

Q.22:- A fraud or misrepresentation which did not cause the consent to a contract of the party on whom such fraud was practised, or to whom such misrepresentation was made, does not render a contract:

Q.23:- Where both the parties to any agreement are under a mistake as to a matter of fact essential to the agreement,

• The agreement is voidable.
• The agreement can’t be enforceable at law.
• The agreement is void.
• The agreement is not void.

Q.24:- When consent to an agreement is caused by undue influence, the agreement is a contract

• Bad
• Void
• Illegal
• Voidable at the option of the party whose consent was so cause

Q.25:- What is a sound mind for the purposes of contracting:

• A person is said to be of sound mind for the purposes of making a contract, if, at the time when he makes it, he is capable of understanding it and of forming a rational judgement as to its effect upon his interest.
• A person is said to be of sound mind for the purposes of making a contract, if, at the time when he makes it, he is capable of understanding it.
• A person is said to be of sound mind for the purposes of making a contract, if, he is capable of understanding it and of forming a rational judgement as to its effect upon his interest.
• A person is said to be of sound mind for the purposes of making a contract, if, at any time when he makes it, he is capable of understanding it and of forming a rational judgement as to its effect upon his interest.

Q.26:- Who are competent to contract:

• Every person is competent to contract who is of the age of majority according to the law to which he is subject, and who is of sound mind and is not disqualified from contracting by any law to which he is subject.
• Every person is competent to contract who is of the any age and who is of sound mind and is not disqualified from contracting by any law to which he is subject.
• Every person is competent to contract who is of the age of majority according to the law to which he is subject.
• Every person is competent to contract who is of the age of majority according to the law to which he is subject, and who is of sound mind.

Q.27:- What agreements are contracts:

• All agreements are contracts if they are made by the free consent of parties competent to contract, for a lawful consideration and with a lawful object, and are not hereby expressly declared to be void.
• All agreements are contracts if they are made by the free consent of parties competent to contract, for a lawful consideration and with a lawful object, and may or may not be expressly declared to be void.
• All agreements are contracts if they are made by the consent of parties competent to contract, for a lawful consideration and with a lawful object, and are not hereby expressly declared to be void.
• All agreements are contracts if they are made by the free consent of parties competent to contract, for any object, and are not hereby expressly declared to be void.

Q.28:- Every agreement by which any party thereto is restricted absolutely from enforcing his rights under or in respect of any contract, by the usual legal proceedings in the ordinary tribunals, or which limits the time within which he may thus enforce his rights:

• Is valid.
• Is voidable
• Is void.
• Is illegal