CA CPT - Mercantile Law - The Indian Contract Act, 1872 - Void Agreements, Performance & Discharge

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Question - 1

Void agreement is an agreement which is.

  • A legal in nature
  • B in compliance with legal procedure
  • C not enforceable by law
  • D in tune with public policy

Question - 2

If the object or consideration of an agreement is unlawful, it will.

  • A be enforceable
  • B not be enforceable
  • C be voidable
  • D not be voidable

Question - 3

Section ______ of the Indian Contract Act deals with "Completely unlawful object / consideration".

  • A Section 22
  • B Section 23
  • C Section 24
  • D Section 25

Question - 4

Section ______________of the Indian Contract Act deals with "partially unlawful object/consideration".

  • A Section 22
  • B Section 23
  • C Section 24
  • D Section 25

Question - 5

Consideration and object of an agreement is unlawful if it.

  • A is forbidden by law
  • B would defeat the provisions of any
  • C either (a) or (b)
  • D neither (a) nor (b)

Question - 6

Consideration and object of an agreement is unlawful if it.

  • A is fraudulent
  • B involves or implies injury to the person or property of another
  • C is regarded by Court as immoral or opposed to Public Policy
  • D all of the above

Question - 7

An act forbidden by law means

  • A it is punishable by the Criminal Law of the land
  • B it is prohibited by a Special Legislation
  • C either (a) or (b)
  • D neither (a) nor (b)

Question - 8

Amar promises to drop prosecution which he has instituted against Balu for robbery. Balu promises to restore value of things taken. The agreement is

  • A Contingent
  • B Valid
  • C Voidable
  • D Void

Question - 9

Amar promises to drop prosecution which he has instituted against Balu for robbery. Balu promises to restore value of things taken. The agreement is void on grounds of

  • A unlawful consideration
  • B unlawful object
  • C both (a) and (b)
  • D neither (a) nor (b)

Question - 10

If an act is not forbidden by law but performance of the act would defeat the provisions of law, an agreement to do such an act would be

  • A Legal
  • B Void
  • C Voidable
  • D Valid