Judiciary And Law MCQs

2943 MCQs  (Page 123 of 295)

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A in consideration that B will employ C in collecting the rent of B’s zamindari, promises B to be responsible, to the amount of 5000 rupees for the due collection and payment by C of those rents. This is a________________?
A. Restricted guarantee
B. Continuing guarantee
C. Limited guarantee
D. None of above
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Any guarantee obtained by means of misrepresentation made by the creditor or with his knowledge and assent concerning a material part of the transaction is_________________?
A. Valid
B. Invalid
C. Both a and b
D. None of above
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The contract of guarantee is a contract in which a person perform the promise or discharge the liability of__________________?
A. The contractor
B. Stranger
C. Third person
D. None of above
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In contract of guarantee the person at whose place guarantee given is called __________________?
A. Surety holder
B. Principal debtor
C. Both (a) and (b)
D. None of above
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Section_________ to__________, at the Contract Act, deals with discharge of surety ?
A. 130, 133
B. 133, 139
C. 139, 144
D. None of above
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A contract by which one party promises to save the other from loss caused to him by the conduct of the promisor himself or by the conduct of any other person is called______________?
A. Surety contract
B. Simple contract
C. Contract of indemnity
D. None of above
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Section 124 to 147, of the Contract Act, deals with _________________?
A. Contracts of indemnity
B. Contracts of guarantee
C. Both a and b
D. None of above
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Chapter__________, of the Contract Act, deals with consequences of breach of contracts ?
A. Vi
B. Vii
C. Viii
D. None of above
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“Indemnity” means__________________?
A. Security from damage or loss
B. Security for more profit
C. An act for protection
D. Both a and b
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The term “Contingent” means ?
A. Possible but not assured
B. Doubtful or uncertain
C. Both a and b
D. None of above
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Word of the Day
22 Jul
Combative
ready or eager to fight or argue.
لڑاکا، متنازع، جھگڑالو

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