A. Urgency
B. Indemnity
C. Both (a) and (b)
D. None of above
Correct Answer: Indemnity ✔
Last Updated: August 27, 2020
Related MCQs
- Article 214 of the Contract Act, bound an agent to communicate with __________ in cases of difficulty?
- As per-section 201, of the Contract Act an agency can be terminated by__________?
- In spirit of section 189, of the Contract Act agents authority in an emergency is__________?
- The person acting employed by under the control of the original gent in the business of the agency is called__________?
- An unsound person cannot become__________?
- As provided in section 183, any person who is of the age of majority according to the law to which he is subject and who is of sound mind may employ__________?
- The person for whom agents do any act or to represents whom is called__________?
- Section 178, of the Contract Act 1872 deals with__________?
- The definition of ‘Bailment’ is provided in section __________, of the Contract Act?
- The term “Pledge” means__________?
- The bailment of goods as security for payment of debt or performance of a promise is called__________?
- In Bailment, bailor is duty bound to disclose fault in goods bailed as provided in section__________?
- The person who during the contract of bailment deliver goods is called ?
- The term “Bailment” means__________?
- As per section 143, of the Contract Act guarantee obtain by the creditor by concealment is __________?
- A continuing guarantee may at any time be revoked by the surety as to future transaction by giving notice to __________?
- In contract of guarantee the person who gives guarantee is called __________?
- “Guarantee” means__________?
- Section 142 of the Contract Act 1872 deals with __________?
- A guaranfee which extend to a series of transactions is called __________?
- Section 124, of the Contract Act, define__________?
- When there is breach of contract the party which aggrieved by breach is entitled for__________?
- Reciprocal promises should be performed __________?
- A promises to pay B a sum of money if a certain ship return within a year. The Contract may be enforced if the ship returns with the year, and becomes __________ if the ship is burnt within the year?
- A person to whom money has been paid or any thing delivered by mistake or under coercion ?
- Section_________ of the Contract Act, deals with enforcement of contract contingent on an event happening?
- Contingent Contract is defined is section__________ of The Contract Act?
- A contract to pay B Rs. 10,000 if B’s house is burnt the contract is__________?
- A promises to superintend on behalf of B, a legal manufacture of indigo and an illegal traffic in other articles, B promises to pay A salary of 10,000/- rupees year. The agreement is void the object of A’s promise, and consideration for B’s promise being in part__________?
- A agrees to buy from B a certain horse. It turns out that the horse was dead at the time of the bargain though neither party was aware of the fact the agreement is__________?
- The consideration or object of an agreement is lawful unless it is__________?
- A intending to deceive B, falsely represents that five hundred munds of indigo are made annually at A’s factory and their by induces B to buy the factory ?
- Every agreement, by which any party thereto is restricted absolutely from enforcing his rights under or in respect of any contract by the usual legal proceeding in the ordinary tribunal or which limits the time within which he may thus enforce his right ?
- Section 18 of the Contract Act, deals with__________?
- The term “Fraud” means ?
- A man enfeebled by disease or age is inclued by B’s influence over him as his medical abendant to agree to pay B, a unreasonable sum for his professional services__________?
- The committing or threatening to commit any act forbidden by the Pakistan Penal Code, or the unlawful detaining or threatening to detain any property to the prejudice of any person whatever with intention of causing any person to enter into an agreement is called__________?
- Free consent is defined in section__________ of the Contract Act?
- Free consent is_________ element for contract?
- The age limit for making a contract is__________?
- In order to convert a proposal into a promise the acceptance must be__________?
- As per section 6 of the Contract Act, 1872 there are __________ ways for revocation of proposal?
- Section 5, of the Contract Act, deals with__________?
- A contract which ceases to be enforceable by law becomes void when it ceases to be enforceable is called__________?
- An agreement enforceable by law is called__________?
- Promise which forms the consideration or part of the consideration for each other is called__________?
- There are __________ essential ingredients of a contract?
- The person to whom proposal is made is called__________?
- The person making the proposal is called__________?
- When one person signifies to another his willingness to do or to abstain from doing any thing with a view to obtaining the assent of that other person to such act or abstinence he is said to make a__________?
- The Contract Act, 1872 consists __________ sections?