In pledge contract bailee is called________________?

Related Mcqs:

1. The right to retain the property by a Bailee until the charges due un respect of property are paid is called___________?

   A. Right to compensation
   B. Right of Lien
   C. Right of Remuneration
   D. None of these

   Submitted by: Hafeez Alam Saila

2. The Bailment in which either the Bailor or the Bailee is entitled to some remuneration is called________?

   A. Gratuitous Bailment
   B. Bailment for reward
   C. Simple Bailment
   D. None of these

   Submitted by: Hafeez Alam Saila

3. A contract which ceases to be enforceable by law becomes void when it ceases to be enforceable is called________________?

   A. Valid contract
   B. Voidable contract
   C. Void contract
   D. None of above

4. A contract to do or not to do something if some event collateral to such contract does or does not happen is called___________________?

   A. Simple contract
   B. Complex contract
   C. Contingent contract
   D. None of above

5. A makes a contract with B to buy B’s horse if A survives C. This contract cannot be enforceed by law ?

   A. Unless and until C dies in A’s life time
   B. Unless and until A dies in C’s life time
   C. Both A and C dies
   D. None of above

6. The contract of guarantee is a contract in which a person perform the promise or discharge the liability of__________________?

   A. The contractor
   B. Stranger
   C. Third person
   D. None of above

7. The delivery of goods by one person to another for some purpose upon a contract that they shall when the purpose is accomplished be returned or otherwise dispose of upon discretion of the delivering person the contract is called___________________?

   A. Indemnity
   B. Bailment
   C. Contingent Contract
   D. None of above

8. Contingent Contract is defined is section______________ of The Contract Act?

   A. 25
   B. 26
   C. 27
   D. None of above

9. Section_________ of the Contract Act, deals with enforcement of contract contingent on an event happening?

   A. 30
   B. 31
   C. 32
   D. None of above

10. The contract of insurance is infact contract of________________?

    A. Urgency
    B. Indemnity
    C. Both (a) and (b)
    D. None of above