Contract Act Quiz: Choose the correct section!!

  • Question of

    A stipulation in a bond for payment of compound interest on failure to pay simple interest at the same rate as was payable upon the principal is not a penalty within the meaning of:

    • A. Section 74 of the Indian Contract Act, 1872
    • B. Section 75 of the Indian Contract Act, 1872
    • C. Section 76 of the Indian Contract Act, 1872
  • Question of

    Which section defines definition of consideration?

    • Yes
    • No
  • Question of

    A sub-bailee is a person to whom the actual possession of goods is transferred by someone:

    • A. who is not himself not an owner of goods
    • B. who has a present right to possession of them as bailee of the owner
    • C. both (A) and (B)
    • D. None of these
  • Question of

    A successful plaintiff in an action for detenue, is, therefore entitled to the return of the goods or recovery of its value and damages for detention and is entitled to have been assessed separately:

    • A. the value of the goods at the date of the assessment
    • B. damages sustained by him up to that date
    • C. both (A) and (B)
  • Question of

    A supplies B, a lunatic, with necessaries suitable to his condition in life.

    • A. A is entitled to be reimbursed from B’s property
    • B. A is not entitled to be reimbursed from B’s property
    • C. A is entitled to be given a share in B’s property

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