CA Foundation Contingent and Quasi Contracts — practice questions

Explore 2 free Contingent and Quasi Contracts questions in CA Foundation Business Laws. Open each question or exercise to read its content, reference answers and available explanation.

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Contingent and Quasi Contracts questions and exercises with answers

Showing questions 1–2 of 2.

Match each special contractRead the answer and worked solution →True or false: contingent contractsRead the answer and worked solution →

Worked practice questions

Match each special contract

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Matching pairs

Left
Contingent
Right
To do a thing if a collateral event happens
Left
Collateral event
Right
Something outside the contract itself
Left
Quasi contract
Right
An obligation the law imposes, not agreed

Instructions

Tap a term on the left, then tap what it means.

_Source: The Indian Contract Act 1872 bare act, 31. "Contingent contract" defined_

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True or false: contingent contracts

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Questions

Statement is true
Yes
Statement
A contingent contract depends on a collateral event happening or not.
Statement is true
Yes
Statement
A person supplying necessaries to someone incapable of contracting may claim.
Statement is true
No
Statement
A contingent contract depends on an event inside the contract itself.
Statement is true
Yes
Statement
A quasi contract arises from law rather than from agreement.

Instructions

Decide whether each statement is true or false.

_Source: The Indian Contract Act 1872 bare act, 68. Claim for necessaries supplied to person incapable of contracting, or on_

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