__________________________________________________ No. Of Questions to be Answered : Random 20 out of 40 __________________________________________________
Contingent contract
Uncertain contract
Void contract
Voidable contract.
Uncertain contract
Wagering agreement
Contingent contract
Voidable contract.
Section 30
Section 31
Section 56
Section 68
Void
Voidable
Illegal
Valid
True
False
Wagering agreement
Contingent contract
Void contract
Voidable agreement.
Void
Voidable contract
Wagering agreement
Contingent contract.
The performance must be conditional
The event must be uncertain
The event must form part of the contract
The event must be independent or ancillary
A contingent contract as its performance depends upon uncertain event i.e.,luck of the horse.
Not a contingent contract as the event (i.e.,luck of the horse) is part of main contract.
Void contract on account of uncertainty.
Both (b) and (c).
Must be an act of the party.
Must not be an act of the parties.
Must be some another independent event
May be an act of the parties or some other independent event.
A wagering agreement
A contingent contract
An uncertain contract
A voidable contract
Yes
No
An uncertain contract
A contingent contract
A forbidden contract
A voidable contract
Valid
Voidable
Void
Illegal
Void
Valid
Voidable
Illegal
Contracts of insurance
Contracts of Guarantee
Sale of goods on credit
Both (a) and(b)
Contingent contract
Wagering agreement
Uncertain agreement
None of these
Contract of indemnity
Contract of guarantee
Wagering agreement
None of these
Contract of indemnity
Contract of guarantee
Wagering agreement
None of these
Contingent contracts are void and thus not enforceable in the court of law.
Contingent contracts are valid and thus are enforceable in the court of law.
Contingent contracts are voidable and thus enforceable at the option of promisor.
Contingent contracts fall in the category of wagering agreements.
Happens
Becomes impossible
Does not happen
Both(a)and(c)
Valid
Voidable
Void
None of these
Cannot be enforced
Can be enforced at the option of A
Can be enforced if B marries C's sister
Can be enforced at the option of B.
Happens
Becomes impossible
Does not become impossible
Both (a) and (c).
Happens
Does not become impossible
Does not happen
Both (a) and (b).