All Free Law and Constitution MCQs with Answers

• A. Assistant agent
• B. Associate agent
• C. Sub-agent
• D. None of above

Explanation: A sub-agent is appointed by the original agent and works under that agent’s control in the agency business.

• A. Servant
• B. A Labour
• C. None of above
• D. An agent

Explanation: Section 183 states that a person of majority age and sound mind may employ an agent.

• A. Employer
• B. Principal
• C. Managing director
• D. None of above

Explanation: The principal is the person for whom an agent performs an act or whom the agent represents.

• A. Pledge by Trust agent
• B. Pledge by international agent
• C. Pledge by mercantile agent
• D. None of above

Explanation: Section 178 deals with a mercantile agent’s authority to pledge goods in specified circumstances.

• A. 146
• B. 147
• C. All of above
• D. 148

Explanation: Section 148 defines bailment as delivery of goods by one person to another for a specific purpose, with an obligation to return or dispose…

• A. A thing which is given as security
• B. A thing which is saled out
• C. Both A and B
• D. None of above

Explanation: A pledge is a bailment of goods as security for a debt or performance of a promise, so the security element identifies option a.

• A. Both A and B
• B. Special bailment
• C. Pledge
• D. None of above

Explanation: Section 172 of the Contract Act defines a pledge as the bailment of goods as security for payment of a debt or performance of a promise.

• A. 148, of the Contract Act
• B. 149, of the Contract Act
• C. None of above
• D. 150, of the Contract Act

Explanation: Section 150 requires the bailor to disclose faults in the goods bailed that materially interfere with their use or expose the bailee to…

• A. Bailor
• B. Bailee
• C. Both A and B
• D. None of above

Explanation: The bailor is the person who delivers goods to another person for a particular purpose under a bailment contract.

• A. Delivery of goods without cost for welfare of public
• B. Delivery of goods free of cost
• C. A delivery of a thing entrusted for some special purpose or object upon a contract
• D. None of above

Explanation: Section 148 describes bailment as delivery of goods by one person to another for a specific purpose, under a contract that the goods will…

• A. None of above
• B. Valid
• C. Both A and B
• D. Invalid

Explanation: Under section 143, a guarantee obtained by the creditor through concealment of material circumstances is invalid because the surety's…

• A. The creditor
• B. Principal debtor
• C. Without giving any notice to any person
• D. None of above

Explanation: Section 130 allows a surety to revoke a continuing guarantee for future transactions by giving notice to the creditor.

• A. Principal debtor
• B. Surety
• C. Both (a) and (b)
• D. None of above

Explanation: In a contract of guarantee, the person who gives the guarantee is the surety.

• A. Guarantee obtained by free consent
• B. Guarantee obtained by fraud
• C. Guarantee obtained by miscrepresentation
• D. Non of these

Explanation: Section 142 deals with a guarantee obtained through misrepresentation by the creditor or concealment of material circumstances.

• A. Special guarantee
• B. None of above
• C. Specific guarantee
• D. Continuing guarantee

Explanation: A guarantee covering multiple or successive transactions is called a continuing guarantee under section 129 of the Contract Act.

• A. Contracts of indemnity
• B. Contracts of conditions
• C. Contracts of minor
• D. None of above

Explanation: Section 124 of the Contract Act, 1872 defines a contract of indemnity as an agreement in which one party promises to save the other from…

• A. Nothing
• B. Compensation against the breacher
• C. Registration of criminal Case against the breacher
• D. None of above

Explanation: Under section 73 of the Contract Act, the injured party may claim compensation for loss or damage naturally arising from the breach.

• A. Like simple contract
• B. None of above
• C. Both A and B
• D. In reciprocal manners

Explanation: Reciprocal promises are promises forming the consideration for one another and must be performed according to their reciprocal order or…

• A. He is bound to return it
• B. It is his discretion if he return
• C. Both A and B
• D. None of above

Explanation: Section 72 requires a person who receives money or property by mistake or under coercion to repay or return it.

• A. 30
• B. 32
• C. 31
• D. None of above

Explanation: Section 32 deals with enforcement of contingent contracts depending on an uncertain event happening.