1872 Contract Act(Judiciary And Law ) Questions and Answers

Question 1. Article 214 of the Contract Act, bound an agent to communicate with ______________ in cases of difficulty?
  1.    Sub-agent
  2.    Principal
  3.    Legal Advisor
  4.    None of these
Explanation:-
Answer: Option B. -> Principal
NO EXPLANATION IS AVAILABLE FOR THIS QUESTION!
Question 2. As per-section 201, of the Contract Act an agency can be terminated by__________________?
  1.    The principal revoking his authority
  2.    The agent renouncing the business of the agency
  3.    The completion of agency business
  4.    All of above
Explanation:-
Answer: Option D. -> All of above
NO EXPLANATION IS AVAILABLE FOR THIS QUESTION!
Question 3. In spirit of section 189, of the Contract Act agents authority in an emergency is_________________?
  1.    Limited depends upon principal permission
  2.    Unlimited agent can do all necessary act without principal permission
  3.    Both A and B
  4.    None of above
Explanation:-
Answer: Option B. -> Unlimited agent can do all necessary act without principal permission
NO EXPLANATION IS AVAILABLE FOR THIS QUESTION!
Question 4. The person acting employed by under the control of the original gent in the business of the agency is called_______________?
  1.    Assistant agent
  2.    Associate agent
  3.    Sub-agent
  4.    None of above
Explanation:-
Answer: Option C. -> Sub-agent
NO EXPLANATION IS AVAILABLE FOR THIS QUESTION!
Question 5. As provided in section 183, any person who is of the age of majority according to the law to which he is subject and who is of sound mind may employ______________?
  1.    Servant
  2.    A Labour
  3.    An agent
  4.    None of above
Explanation:-
Answer: Option C. -> An agent
NO EXPLANATION IS AVAILABLE FOR THIS QUESTION!
Question 6. The person for whom agents do any act or to represents whom is called______________?
  1.    Employer
  2.    Principal
  3.    Managing director
  4.    None of above
Explanation:-
Answer: Option B. -> Principal
NO EXPLANATION IS AVAILABLE FOR THIS QUESTION!
Question 7. An unsound person cannot become____________________?
  1.    An agent
  2.    Principal
  3.    Both A and B
  4.    None of above
Explanation:-
Answer: Option C. -> Both A and B
NO EXPLANATION IS AVAILABLE FOR THIS QUESTION!
Question 8. The definition of ‘Bailment’ is provided in section ________________, of the Contract Act?
  1.    146
  2.    147
  3.    148
  4.    All of above
Explanation:-
Answer: Option C. -> 148
NO EXPLANATION IS AVAILABLE FOR THIS QUESTION!
Question 9. Section 178, of the Contract Act 1872 deals with______________?
  1.    Pledge by Trust agent
  2.    Pledge by mercantile agent
  3.    Pledge by international agent
  4.    None of above
Explanation:-
Answer: Option B. -> Pledge by mercantile agent
NO EXPLANATION IS AVAILABLE FOR THIS QUESTION!
Question 10. The term “Pledge” means________________?
  1.    A thing which is given as security
  2.    A thing which is saled out
  3.    Both A and B
  4.    None of above
Explanation:-
Answer: Option A. -> A thing which is given as security
NO EXPLANATION IS AVAILABLE FOR THIS QUESTION!
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