Contract act test

 Contract act test 

1.court orders A to give bail bond of rs.5000/ if he doesn't perform for that public duty .he will have to give 

A.2000/ under section 74

B.3000/ under section 73

C.5000/ under section 73

D.5000/ under exception of section 73 

2.according section 73  damaged 

A.cannot be proved 

B.determined by court 

C.can be proved by evidences

D.plaitiif can take according his convenience

3.insurace contract comes under 

A.quasi contract 

B.contract of indemnity 

C.contract of pledge 

D.contract of indemnity 

4.if indemnified does not follow the instructions of indeminifier .in this he 

A.can take all cost  from indeminifier  sec 125(1)

B.cannot take all costs  from indeminifer 125(1)

C.can take all  costs from indeminifer 125(2)

D.cannot take all costs from indeminifier 125(2)

5.if conditions of contract have been changed with consent of surety ,surety 

A.can be discharged ,sec.132

B.cannot be discharged ,sec.132

C.can be discharged,sec.133

D.cannot be discharged,sec.133

6.if two sureties contracts with each other.this contract 

A.can be affected contract with creditor sec.131

B.cannot be affected contract with creditor sec.131 

C.can be affected contract with creditor sec.132

D.cannot be affected contract with creditor sec.132

7.if surety dies then continuing guarantee 

A.can be revoked for past transaction,sec 132

B.can be revoked for future transaction sec.132

C.can be revoked for past transaction sec.131

D.can be revoked for future transaction sec.131

7.a continuing guarantee can be revoked

A.by notice

B.by death of principal debtor 

C.by death of surety and by notice 

D.by death of surety or by notice 

8.which is consideration of surety under section 127 .

A.benefit of creditor 

B.benefit of principal debtor 

C.benefit of surety 

D.all of above 

9.surety is defined in which section 

A.sec.125

B.sec.126

C.sec.127

D.sec.128

10.A and B goes to shop .B is tenant of A.A says to B that you will give him any goods .he will pay you time to time 

A.there is no contract

B.contract of guarantee 

C.contract of indemnity

D.contigent contract 

11.shellfield versus Barcley  case is related with 

A.contigent contract 

B.quasi contract 

C.contract of surety 

D.contract of indemnity 

12.Taylor versus lee case is related with 

A.contigent contract

B.quasi contract 

C.contract of surety 

D.contract of indemnity 

13.in the case of default creditor can sue on 

A.principal debtor 

B.surety 

C.either  debtor or surety 

D .surety after principal debtor 

14.indeminified can get all costs from indeminifer 

A . After file the suit

B.after winning the suit

C.before file a suit 

D when responsibility of indemnified proved 

15.surety can be discharged from his liability 

A.if his consent is not taken sec.132

B.if his consent is taken  sec 132

C.if consent is not taken sec.133

D .if consent is taken  sec.133

16.the responsibility of surety 

A.less than principal debtor 

B.greater than principal debtor 

C.equal to principal debtor 

D.according his desire 

16.consideration for guarantee is defined for

A.principal debtor 

B.creditor 

C.surety 

D.both surety and principal debtor 

17.A is surety for B .here C is creditor .A requests to B to extend time .

A.this is consideration for A

B.this is consideration for B

C this is cosideration for C

D.this is consideration for both  A and B 

18. a becomes surety to c for b 's conduct as manager in c's bank .without consent of A ,b and c enters into a new contract .in this case A is not liable for b 's conduct

A.sec.131

B.sec.132

C.sec.130

D.sec.133

19.a  gives guarantee to b for c .that  a is responsible to the amount 5000/ which is collected by b .this is known as 

A.guarantee sec.126

B.contract of continuing guarantee 126

C.guarantee sec.129

D.continuing guarantee sec.129

20. Court orders decree against surety and principal debtor simultaneously .this decree can be executed  against 

A.surety

B.principal debtor 

C.either surety or principal debtor 

D.none of  above