Q.1. The meaning of Obiter dictrurn is____________________?
(a) A remark in the passing that is something said by a judge while giving judgement that was not essential to the decision in the case
(b) It is a part of ratio decendie of the case and, therefore, creates binding precedent
(c) These are the valid observations
(d) None of these
Q.2. What is the meaning of Ratio decendie ?
(a) Observations passed by the court which are not binding
(b) It is the ratio of the case that is binding on inferior courts by reason of doctrine of precedent
(c) These are the technical terms to be decided by non judicial officers
(d) None of these
Q.3. Res judicata is also known as______________?
(a) Action of estoppel
(b) It is same as ratio decendie
(c) Neither (a) nor (b)
(d) Both (a) and (b)
Q.4. PQR makes an agreement that if it rains today P pay Q Rs.5000, on the other hand if it does not Q pays P Rs.6000. This agreement is not valid agreement because it is a_____________?
(a) Wagering agreement
(b) Future agreement
(c) Contingent agreement
(d) All the three
Q.5. Which of these are not found in a wagering agreement?
(a) Uncertain event
(b) Control over the events
(c) Mutual chance of win or gain by each party
(d) Payment of money or money worth
Q.6. Price competition involving mental skill are not wagering provided the prize money is__________________?
(a) Less than or equal to Rs.1000
(b) Less than Rs.1000
(c) More than Rs.1000
(d) More than or equal to Rs.1000
Q.7. A contingent contract is a contract to do or not to do something, if some event, _________ to such contract _______________happen?
(a) Collateral, does or does not
(b) Concurrent, does not
(c) condition, does
(d) Collateral, does not
Q.8. Which of these is an essential characteristic of contingent contract?
(a) Uncertain event
(b) Controllable event
(c) Present event
(d) Non collateral event
Q.9. A contingent contract is characterized by _____________?
(a) Uncertainty of event
(b) Performance depends upon happening or non happening of some event in future
(c) Event must be collateral to the contract
(d) All the three
Q.10. C contracted with Y to encroach upon Z’s property forcefully. This contract is ____________?
(a) Valid
(b) Void
(c) Illegal
(d) Voidable
Answers
1. Correct Answer: A
2. Correct Answer: B
3. Correct Answer: A
4. Correct Answer: A
5. Correct Answer: B
6. Correct Answer: A
7. Correct Answer: A
8. Correct Answer: A
9. Correct Answer: D
10. Correct Answer: C