Practice Law of Contracts Questions and Answers

• Which of the following is NOT enumerated as a factor that vitiates "free consent" under Section 14of the Indian Contract Act, 1872? 
• Under Section 23 of the Indian Contract Act, 1872, an agreement is declared void if its consideration or object is: 
• Which of the following agreements would be expressly void under Section 26 of the Indian Contract Act, 1872? 
• Under Section 27 of the Indian Contract Act, 1872, which of the following transactions would NOT be rendered void as an agreement in restraint of trade? ...
• Under Section 30 of the Indian Contract Act, 1872, all wagering agreements are void. Which of the following would be correctly characterized as a wagering ...
• As per Section 54 of the Indian Contract Act, 1872, what legal consequence arises when a promisor whose reciprocal promise is to be performed first fails t...
• Under Section 73 of the Indian Contract Act, 1872, which types of damages are recoverable upon breach of contract? 
• Which statement accurately reflects the definition and legal effect of a "contract of indemnity" under Section 124 of the Indian Contract Act, 1872? 
• Under Section 68 of the Indian Contract Act, 1872, which of the following scenarios would create a quasi-contractual obligation to reimburse? 
• Injuria Sine Damnum means-
• A, by committing FRAUD, induces B to enter into a contract. On discovering the fraud, B:
• IndianOil invites tenders from suppliers for office stationery, and supplier SL files its quotation on the stated terms. In contract-law terms, the invitat...
• P promises to sell Q the whole of his existing stock of a commodity as an indivisible unit, but before delivery the entire stock is confiscated by a govern...
• A bank issues an unconditional BANK GUARANTEE in favour of B to secure C's performance. C commits default and B invokes the guarantee, but C disputes the u...
• A 'contract of GUARANTEE' under Section 126 of the Indian Contract Act, 1872 is distinguished from a contract of indemnity in that it involves:
• A bank advances a loan to a company on the strength of a CONTINUING GUARANTEE given by D for future transactions. D, no longer willing to be bound for futu...
• A person who freely enjoys the benefit of a NON-GRATUITOUS ACT done by another, or of a thing delivered to him, must compensate that other person under the...
• X sends an offer to Y by E-MAIL, and Y accepts by e-mail. The parties communicate through an instantaneous medium. Under the Indian Contract Act, 1872, the...
• Under the Specific Relief Act, 1963, a court REFUSES specific performance of a contract for the sale of goods that are FREELY available in the market, beca...
• Goods are sold to B, and the property in them passes to B; the goods are subsequently destroyed by an accidental fire before delivery. Under Section 26 of ...
• A tenant's LEASE expires, but the tenant continues in occupation (holds over) and the LESSOR accepts rent from him. Under Section 116 of the Transfer of Pr...
• X agrees to pay Y a sum of money on the understanding that Y will not file (and will not pursue) a criminal complaint against X for an offence. Under the I...
• Before the date fixed for performance, X unequivocally tells Y that X will NOT perform the contract at all. Under Section 39 of the Indian Contract Act, 18...
• Under Section 15 of the Indian Contract Act, 1872, COERCION is the committing or threatening to commit any act FORBIDDEN by the Indian Penal Code, or the u...
• The owner of a RARE, practically unique item (a one-off antique) refuses to deliver it to a party with a valid contract to buy it, and the unique article i...
• Where a breach of contract would be adequately compensated by MONEY DAMAGES, the court under the Specific Relief Act, 1963:
• A mercantile AGENT is, with the consent of the owner, in possession of goods or documents of title, and in the ordinary course of business sells the goods ...
• Goods are sold without the PRICE being fixed. Under Section 9 of the Sale of Goods Act, 1930, the buyer shall, in such a case, pay:
• Under Section 15 of the Airports Authority of India Act, 1994, all licences, permits, quotas, and exemptions granted to the erstwhile International Airport...
• Under Section 20 of the Airports Authority of India Act, 1994, the Authority shall be competent to enter into and perform any contract necessary for the di...
• Under Section 12 of the Bharatiya Vayuyan Adhiniyam, 2024, rules made by the Central Government for the investigation of aircraft accidents or incidents ma...
• Under section 2(d) of the Indian Contract Act, 1872, consideration is defined as an act, abstinence or promise done or suffered 'at the desire of the promi...
• A sixteen-year-old student enters into an agreement to purchase a motorcycle worth ₹1,20,000 on credit. Under the Indian Contract Act, 1872, this agreeme...
• Anil threatens to file a false criminal complaint against his neighbour Beena unless she executes a sale deed of her land in his favour. Beena, fearing arr...
• Ravi and Suresh agree that Ravi will pay Suresh ₹50,000 if a particular horse wins a race, and Suresh will pay Ravi a like amount if it does not. Neither...
• The rule in Hadley v Baxendale, as embodied in the Indian Contract Act, 1872, provides that damages for breach of contract are recoverable only for loss wh...
• Sunita stood surety under a continuing guarantee for a cash-credit facility that her friend's firm enjoys with a bank. She now wishes to bring her liabilit...
• J, a minor, borrows ₹2 lakh from a money-lender to buy a luxury mobile phone, and separately purchases essential food and clothing on credit from a shopk...
• Under Sections 3 to 5 of the Indian Contract Act, 1872, where an acceptance is sent by post, the communication of acceptance is complete as against the pro...
• Under Section 4 of the Indian Partnership Act, 1932, the essential test of a partnership is the existence of: