Model Papers: Indian Contract Act Preliminary Model Paper 16

Q.1. Which of the following is correct:

  1. Past Consideration Is no Consideration
  2. Consideration can be past, present or future
  3. Consideration can only be present
  4. Consideration can only be future
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Q.2. ‘L’ is sent to search for G's nephew in the meantime 'G' by advertisement offers a reward of Rs. 501 to any one who finds has nephew. 'L traces the boy and subsequently knowing about the reward claims it. To the reward L is:

  1. Entitled
  2. Not entitled as the offer is general
  3. Not entitled as the consideration is inadequate
  4. Is not entitled as the offer was not communicated to him
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Q.3. Which of the statements as to consideration is not correct:

  1. It may be past also
  2. It need not be adequate
  3. Stranger to it cannot sue
  4. It must be real
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Q.4. A contract by a minor is absolutely void this was laid down it:

  1. , Mohiri Bibi v. Dharrnodas Ghosh
  2. Lalmari v. Gauri Dutt
  3. Kanhayalal v. Cirdarilal
  4. Mohammed Said v. Vishambhar Nath
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Q.5. Which of the following agreements is not void:

  1. A agrees to sell B a hundred tons of oil
  2. A promises to obtain for B an employment in the public service and B promises to pay Rs. 1000 to A
  3. A agrees with B to discover treasure by magic
  4. A finds B's purse and gives it to him B promises to give to A Rs. 50
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