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Free Quiz on Indian Contract Act (Law of Bailment and Pledge)- II

1. The term "Pledge" means

A. A thing which is given as security

B. A thing which is saled out

C. Both (a) and (b)

D. None of above

2. The term "Bailment" means

A. A delivery of a thing entrusted for some special purpose or object upon a contract

B. Delivery of goods free of cost

C. Delivery of goods without cost for welfare of public

D. None of above

3. The definition of 'Bailment' is provided in section_____, of the Contract Act.

A. 146

B. 147

C. 148

D. All of above

4. 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

5. In pledge contract bailee is called

A. Pawnor

B. Pawnee

C. Pledger

D. None of above

6. Section 178, of the Contract Act 1872 deals with

A. Pledge by Trust agent

B. Pledge by mercantile agent

C. Pledge by international agent

D. None of above

7. A person employed to do any act for another or to represent another in dealings with third person is called

A. Servant

B. Labour

C. Agent

D. None of above

8. The person who during the contract of bailment deliver goods is called

A. Bailor

B. Bailee

C. Both (a) and (b)

D. None of above

9. The person to whom goods are delivered according Bailment is called

A. Bailor

B. Bailee

C. Both (a) and (b)

D. None

10. In Bailment, bailor is duty bound to disclose fault in goods bailed as provided in section

A. 148, of the Contract Act

B. 149, of the Contract Act

C. 150, of the Contract Act

D. None of above

11. A hires a carriage of B. The carriage is unsafe though B is not aware of it and A is injured

A. B is responsible to A for the injury

B. B is not responsible to A for the injury

C. No one is responsible to each other

D. None of above

12. The bailment of goods as security for payment of debt or performance of a promise is called

A. Pledge

B. Special bailment

C. Both (a) and (b)

D. None of above

13. In pledge bailor is called

A. Pawnor

B. Pawnee

C. Both (a) and (b)

D. None of above

14. If the bailee, without the consent of the bailor, mixes the goods of the bailor with his own goods in such a manner that it is impossible to separate the goods bailed from the other goods and deliver them back, the bailor is entitled to be :

A. Compensated by the bailee for the loss of the goods

B. Compensated by the bailee for the 1/3 of loss

C. Compensated by the bailee for the 1/2 of loss

D. Compensated by the bailee for rupees 500

15. The Bailment of goods as security for payment of a debt or performance of a promise is called :

A. Pledge

B. Bailment

C. Contingent contract

D. Agreement

16. The delivery of goods by one person to another for some purpose, upon a contract and that they shall, when the purpose is accomplished, be returned or otherwise disposed of by accounting to the directions of the person delivering them, then it is called :

A. Contingent contract

B. Bailment

C. Pledge

D. Contract of indemnity

17. Section 180 of Indian Contract Act, 1872 provides :

A. Pledge where pownor has only a limited interest

B. Suit by bailor or bailee against wrongdoer

C. Appointment of relief or compensation obtained by such suit

D. Pawnee's right where pawnor makes default

18. Section 170 of Indian contract Act 1872 provides :

A. Bailee's particular lien

B. Care to be taken by bailee

C. Bailor's responsibility to bailee

D. Pawnee's right to retainer

19. If the bailee, with the consent of the bailor, mixes the goods of the bailor with his own goods, the bailor and the bailee shall have an interest, in production to their respective shares, in the mixture thus produced , it is :

A. True

B. False

C. Partly False

D. Not clear

20. Bailment and Pledge are contracts under Indian Contract Act.

A. True

B. False

C. Only when certain conditions are fulfilled

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