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.Management Sciences
Category: 1872 Contract Act
Chapter__________, of the Contract Act, deals with consequences of breach of contracts ?
A. VI
B. VII
C. VIII
D. None of above
The person to whom goods are delivered according Bailment is called ___________________?
A. Bailor
B. Bailee
C. Both A and B
D. None
In Bailment, bailor is duty bound to disclose fault in goods bailed as provided in section________________?
A. 148, of the Contract Act
B. 149, of the Contract Act
C. 150, of the Contract Act
D. None of above
Section 226, to last one of the Contract Act, deals with __________________?
A. Effects of the agency upon the agent
B. Effect of the agency upon the principal
C. Effects of agency on contracts with third person
D. None of above
The consideration or object of an agreement is lawful unless it is________________?
A. Forbidden by law
B. Forbidden by contractors themselves
C. Forbidden by custom
D. None of above
The term “Bailment” means________________?
A. A delivery of a thing entrusted for some special purpose or object upon a contract
B. Delivery of goods free of cost
C. Delivery of goods without cost for welfare of public
D. None of above
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 proceeding in the ordinary tribunal or which limits the time within which he may thus enforce his right ?
A. Valid agreement
B. Void agreement
C. Both A and B
D. None of above
A person to whom money has been paid or any thing delivered by mistake or under coercion ?
A. He is bound to return it
B. It is his discretion if he return
C. Both A and B
D. None of above
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________________?
A. Restricted guarantee
B. Continuing guarantee
C. Limited guarantee
D. None of above
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