CA Foundation Contingent and Quasi Contracts — practice questions
22 free MCQs with worked solutions. Tap any question for the answer + explanation, or practice them all in the app.
Practice CA Foundation Contingent and Quasi Contracts in the app →Under Section 31, a 'contingent contract' is a contract to do or not to do something if:Which of the following are typical examples of contingent contracts?A agrees to deliver wheat and B agrees to pay the price afterwards. This is NOT a contingent contract because:If A promises to pay B a sum 'if he so chooses', the arrangement:For a contract to be contingent, the collateral event must be:Under Section 32, a contract contingent on the happening of an uncertain future event:Under Section 33, a contract contingent on an uncertain event NOT happening can be enforced:Under Section 35, a contract contingent on a specified uncertain event happening within a fixed time becomes vUnder Section 36, a contingent agreement to do something if an impossible event happens is:Which statement correctly distinguishes a contingent contract from a wagering agreement?A quasi-contract is best understood as an obligation that:In a quasi-contract, the obligation is:Under Section 68, where necessaries are supplied to a person incapable of contracting (e.g. a minor), the suppUnder Section 69, a person who pays money that another is bound by law to pay, and in whose payment he is inteTo succeed in a claim under Section 70 (benefit of a non-gratuitous act), the claimant must prove that he did Under Section 71, a person who finds goods belonging to another and takes them into custody is subject to the Under Section 72, money paid or a thing delivered by mistake or under coercion:A finder of lost goods is entitled to retain them against:Which is a correct distinction between a quasi-contract and a contract?A tradesman leaves goods at B's house by mistake and B treats them as his own. B's liability to pay arises undA contract whose collateral event is certain or bound to happen is:A contract of insurance is an example of which type of contract?