Topics of Law Test 5

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Topics of Law Test 5

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Weekly Quiz Competition

Question 1
1 / -0

Choose the correct answer from the alternatives given.
The following persons can enter into contracts as per the provisions of The Indian Contract Act, 1872:

A
Alien Enemy

B
Foreign Sovereigns or accredited representatives of a foreign state

C
insolvents and convicts

D
None of the above
Question 2
1 / -0

Law of contract is ________________.

A
the whole law of agreements

B
the whole of obligations

C
the whole law of agreements and obligations.

D
not the whole law of agreements nor is it the whole law of obligations.
Question 3
1 / -0

Choose the correct answer from the alternatives given.
A minor whose property has passed under the superintendence of the court of wards attains majority on completion of __________.

A
18 years

B
19 years

C
20 years

D
21 years
Question 4
1 / -0

Choose the correct answer from the alternatives given.
A contract With the minor, which is beneficial for him, is ______________.

A
void ab initio

B
voidable

C
valid

D
illegal
Question 5
1 / -0

Choose the correct answer from the alternatives given.
Which of the following persons are not competent to contract?

A
minors

B
persons of unsound mind

C
persons disqualified by law

D
all of these
Question 6
1 / -0

Choose the correct answer from the alternatives given.
In India the age of majority is regulated by _________________.

A
The Indian Majority Act, 1875

B
The Indian Minority Act, 1875

C
The Indian Contract Act, 1872

D
The Constitution of India

Solution

The Indian Majority Act , 1875 states that each individual domiciled in India will accomplish the age of majority on finishing of 18 years and not previously. Nonetheless, on account of a minor for whose individual or property, or both, a guardian has been named or pronounced by any official courtroom before the age of 18 years.
Question 7
1 / -0

Choose the correct answer from the alternatives given.
Which of the following is not correct?

A
Minor can always plead minority.

B
Minor is liable for necessaries supplied to him.

C
Minor is a person who has not completed 18 years of age.

D
Minor can be a beneficiary.
Question 8
1 / -0

Choose the correct answer from the alternatives given.
Compromise of disputed claims ________________.

A
is a good consideration for a contract

B
is not a good consideration for a contract

C
results in a void agreement

D
is not permitted by law
Question 9
1 / -0

Choose the correct answer from the alternatives given.
Which of the following statement is true?

A
Consideration must result in a benefit to both parties

B
Past consideration is no consideration in India

C
Consideration must be adequate

D
Consideration must be something, which a promisor is not already bound to do

Solution

Option D .
Consideration, which must be given so as to make an agreement lawfully authoritative, is legitimately adequate and anticipated worth, given by the promisor as a byproduct of the promisee performing or abstaining from playing out some act which brings about a weakness to the promisee or potentially an advantage to the promisor.
Question 10
1 / -0

Choose the correct answer from the alternatives given.
A minor enters into a contract for the purchase of certain necessaries. In such a case

A
he is personally liable to pay.

B
his guardian is liable to pay.

C
his estate is liable to pay.

D
none of these

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Re-Attempt Weekly Quiz Competition

Topics of Law Test 5

Result

Topics of Law Test 5

Score

-

Rank

-

SHARING IS CARING

Question 1

Alien Enemy

Foreign Sovereigns or accredited representatives of a foreign state

insolvents and convicts

None of the above

Question 2

the whole law of agreements

the whole of obligations

the whole law of agreements and obligations.

not the whole law of agreements nor is it the whole law of obligations.

Question 3

18 years

19 years

20 years

21 years

Question 4

void ab initio

voidable

valid

illegal

Question 5

minors

persons of unsound mind

persons disqualified by law

all of these

Question 6

The Indian Majority Act, 1875

The Indian Minority Act, 1875

The Indian Contract Act, 1872

The Constitution of India

Solution

Question 7

Minor can always plead minority.

Minor is liable for necessaries supplied to him.

Minor is a person who has not completed 18 years of age.

Minor can be a beneficiary.

Question 8

is a good consideration for a contract

is not a good consideration for a contract

results in a void agreement

is not permitted by law

Question 9

Consideration must result in a benefit to both parties

Past consideration is no consideration in India

Consideration must be adequate

Consideration must be something, which a promisor is not already bound to do

Solution

Question 10

he is personally liable to pay.

his guardian is liable to pay.

his estate is liable to pay.

none of these

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