Test: Contingent And Quasi- 1 - CA Foundation MCQ
30 Questions MCQ Test - Test: Contingent And Quasi- 1
A supplies necessaries of life to B who is a son of a mental retarded person. A is entitled to be reimbursed out of B’s property. This is :
Ashok Kumar is a famous hockey coach. He agrees to impart training in hockey to Sachine, who is a minor at a remuneration of Rs. 10,000 per month. This is a
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U leaves his goods at V’s place who consumes them. V is bound to pay the price. V’s act of consumption of goods constitutes an implied promise to pay, under the principal of :
Claim for necessaries of life supplied to a lunatic u/s 68 of the Indian Contract Act, can be enforced against :
A person enjoying the benefits of a lawful non – gratuitous act of another:
_________ arises obligations where no contract is actually entered by parties.
A person finds goods belonging to another person in a public place. In such a case, the finder:
The contract which are based on principle of equity, justice and good conscience are _______.
A contingent contract dependent on the non happening of a future uncertain event becomes void when such event?
Contract the performance of which depends upon happening of an event is called ____.
A agrees to pay Rs. 1,000 to B if it rains. B promises to pay a like amount if it does not rain. The agreement is:
A agrees to pay B a sum of money if a certain ship does not return. The ship is sunk. A refuses to pay. Advise B:
The basis of ‘quasi contractual’ relations is the :
The Indian Contract Act deals with the following Quasi –
Contractual Obligations:
(i) Claim for necessaries supplied to a person incompetent to contract
(ii) Responsibility of finder of goods
(iii) Re – imbursement of money paid, due by another
(iv) Obligation of person enjoying benefit of non – gratuitous act
A person who finds goods belonging to another and takes them into his custody, is subject to the same responsibility as a :
To claim reimbursement of money paid on behalf of another person, which of the following is not required?
A agrees to pay Rs. 500 to B if it rains and B promises to pay like amount if it does not rain, this contract/agreement is:
A says to B that he will give Rs. 500 to him if it rains and if doesn’t rain B will give him Rs. 500. Which type of contract is this?
A principle which does not allows a person to retain unjust benefit at expense of another is known as ______
A promised to give Rs. 50,000 to B, if B is selected as the President of Co – operative society. It is ________
The contracts in which law creates certain rights & obligations similar to those of a contract are :
_________Contracts are enforceable by future events.
________ arises when obligations are created without a contract.
Under the Indian Contract act 1872 _________ is the essential characteristic of a Contingent Contract
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