Judiciary Previous Paper

1

Section 124 of Indian Contract Act, includes under Contract of Indemnity the

A

losses caused by human conduct
B

losses caused by accident
C

losses caused by natural calamity
D

none of the above

2

A gives a recognizance binding him in a penalty of Rs. 500 to appear in Court on a certain day. He forfeits his recognizance. He is liable:

A

To pay the whole penalty
B

To pay half penalty
C

It depends on the discretion of the judge
D

For no penalty

3

A' is consideration that 'B' will employ 'C' in collecting the rent of B's Zamindari, promises 'B' to be responsible to the amount of Rs. 5,000 for the due collection and payment by 'C' of those rents.This is:

A

No guarantee
B

Simple guarantee
C

Continuing guarantee
D

None of these

4

Mark the correct answer in respect of Contract of Guarantee.

A

It may be in writing.
B

It may be oral.
C

Both 1 and 2
D

Neither 1 nor 2

5

A variance to the contract without surety's consent discharges him as to subsequent transactions between principal debtor and the creditor.

A

False
B

True
C

Court has discretion to decide
D

None of the above

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