Model Papers: Indian Contract Act Preliminary Model Paper 19

Q.1. A owes B Rs10,000. A enters into an arrangement with B and gives B a mortgage of his (A's) estate for 5.000 rupees in place of the debt of Rs10,000. This is a -

  1. new contract and extinguishes the old
  2. not a new contract
  3. does not extinguishes the old
  4. None of the above

Q.2. If minor is supplied with necessaries then-

  1. minor is personally liable
  2. minor is not liable
  3. minor's estate or property is liable
  4. minor's is liable on becoming major

Q.3. A contingent contract dependent on the happening of uncertain event in the future can be enforced when the event-

  1. Happens
  2. Becomes impossible
  3. does not happen
  4. none of the above is correct

Q.4. The juridical basis of quasi-contractual obligation can be explained through the theory of -

  1. indebitatus assumpsit
  2. unjust enrichment
  3. just and reasonable solution
  4. voluntary benefits

Q.5. A contracts to pay B Rs.1000/-if B's house is burnt.

  1. The contract is void
  2. It is contingent contract
  3. It is voidable contract
  4. None of the above.