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Consideration & privity MCQs with Answers

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Use these standalone questions to revise the law for CLAT PG. The exam asks comprehension questions based on extracts from judgments, statutes and regulations. See the CLAT PG exam format

Question 1

Under the Indian Contract Act, 1872, there may be a contract without consideration if

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Question 2

A issued a cheque to B towards repayment of a five-year-old demand promissory note, and the cheque was dishonoured. Relying on the cheque as a fresh written promise under Section 25(3) of the Indian Contract Act, 1872, B filed a money suit on the cheque as well as a complaint case under Section 138 of the Negotiable Instruments Act, 1881.

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Question 3

In its relationship with contractual consideration, how is promissory estoppel explained in Motilal Padampat?

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Question 4

'A' agrees to sell his house worth Rs. 5 lac for Rs. 1000/-. 'A' denies that his consent to the agreement was freely given.

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Question 5

A contract cannot be said to be void on ground of

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Question 6

A contract is a contract between the parties to the contract. A third party is a stranger to the contract even if it is avowedly made for his benefit. This is known as

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Question 7

A farmer promises to pay B 500 if it rains in the third week of June. It rains in the third week of June. The agreement is

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Question 8

A finds B's purse and gives it to him. B promises to give A Rs. 50.

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Question 9

As per the Indian contract act, 1872

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Question 10

As per the Indian contract act, 1872

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  • CLAT PG

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