India Mcqs

Indian Contract Act (Law)

Which of the following is correct statement?

A.A person, named by the agent, to act for the principal in the business of the agency, is a sub-agent

B.An agent is not liable for the acts of a disclosed principal subject to a contract to the contrary

C.A person with whom a contract has been entered into in the character of agent, is entitled to require the performance of it, if he was in reality acting, not as agent, but on his own account

D.When the agent commits a crime at the instance of the principal, he can claim indemnity from the principal against the consequences of the crime

Which of the following is correct statement?

A.A person, named by the agent, to act for the principal in the business of the agency, is a sub-agent

B.An agent is not liable for the acts of a disclosed principal subject to a contract to the contrary

C.A person with whom a contract has been entered into in the character of agent, is entitled to require the performance of it, if he was in reality acting, not as agent, but on his own account

D.When the agent commits a crime at the instance of the principal, he can claim indemnity from the principal against the consequences of the crime

J, a usual customer of B, orders certain goods on the day on which B transfers his business to the plaintiff. The plaintiff accepts the order and supplies the goods. Thereupon, J refuses to pay alleging that he has intended to contract only with B since he is having a set off against him. J

A.Has no liability to pay the price because he has never intended to contract with the plaintiff

B.Is liable to pay as he has already been supplied in response to his order

C.Is liable to pay because the plaintiff has supplied the goods as the agent of B

D.Is liable to pay because he can claim reimbursement from B

J, a usual customer of B, orders certain goods on the day on which B transfers his business to the plaintiff. The plaintiff accepts the order and supplies the goods. Thereupon, J refuses to pay alleging that he has intended to contract only with B since he is having a set off against him. J

A.Has no liability to pay the price because he has never intended to contract with the plaintiff

B.Is liable to pay as he has already been supplied in response to his order

C.Is liable to pay because the plaintiff has supplied the goods as the agent of B

D.Is liable to pay because he can claim reimbursement from B

Valid Contracts

A.Are made by free consent

B.Are made by competent party

C.Have lawful consideration and lawful object

D.All of the above