HomeQuizzes & SurveysCSEET Chapter Wise MCQ – Contract Act MCQs Part 7 CSEET Chapter Wise MCQ – Contract Act MCQs Part 7 CSEET Chapter Wise MCQ - Contract Act MCQs Part 7 CSEET Mock Test These MCQs are based on reference material of Legal Aptitude issued by ICSI. To practice more CSEET questions with answers, visit here https://deepgyan.com/cseet-mock-test-cseet-mcq-pdf-multiple-choice-questions/. On Deep Gyan we provide free CSEET Video Classes, Free CSEET Notes and CSEET Mock Test. Join our Telegram group for free Notes/Videos/MCQs of CSEET: https://t.me/deepgyancseet Please fill the following information. This will help us to avoid spam and recognize genuine CSEET students. Name Email Mobile A mistake as to law not in force in India has the effect as- Mistake of fact Mistake of Indian law Fraud Misrepresentation In case of innocent misrepresentation – Contact become voidable and damages are payable Contract become voidable and damages are not payable Contract become valid and damages are payable Contract remains valid and damages are not payable Consent is not said to be free when it is cause by- Coercion Undue influence Fraud All of the above When the consent of a part is obtained by fraud, the contract is- Void Voidable Valid Illegal Moral purpose is involved in case of Coercion Undue influence Misrepresentation Fraud Which of the following statement is true? A threat to commit suicide does not amount to coercion Undue influence involves use of physical pressure Ignorance of law is no excuse Silence always amount to fraud An agreement is void if it is opposed to public policy. Which of the following is not covered under heads of public policy? Trading with enemy Trafficking in public offences Marriage brokerage contracts Contracts to do impossible acts Wagering means – Betting Bidding Both (a) and (b) None of above An agreement in restraint of marriage, i.e. agreement preventing a person from marrying is- Valid Voidable Void Contingent An agreement in restraint of marriage is valid in case of following persons – Minors Educated Married None of the above In India, wagering agreements are void except in – Kanpur Mumbai Delhi None of the above If any party has received any benefit under a contract from the other party, he must restore it or make compensation to other party. It is the case if – Quantum meruit Restitution Consideration Quasi-contract The basis of quasi contractual relation is the Existence of a valid contract between parties Prevention of unjust enrichment expense of other Provision contained in section 10 of contract act Existence of a voidable contract between the parties A contingent contract is- Void Voidable Valid Illegal A contract is said to be discharged or terminated – When the rights and obligation are completed When the contract becomes voidable Both (a) and (b) None of the above Which is not the mode of discharge of contract Performance of contract Lapse of time Breach of contract Injunction A person finds certain goods belonging to some other persons. In such a case, the finder – Becomes the owner of that good Is under a duty to trace the real owner Can sell that good if true owner is not found Both (b) and (c) If in a contract, the time lapses and if the party fails to perform the contract within specified time the contract becomes – Voidable Void Illegal Enforceable in the court Change in one or more of the important terms in contract, it is the case of- Novation Remission Rescission Alteration Time is Up!