CMA Foundation MCQ –Quasi and Contingent ContractsOctober 24, 2025 Maven Leave a Comment Welcome to the CMA Foundation MCQ –Quasi and Contingent Contracts Quiz! Name Email 1. Contingent agreements based on impossible events are: Valid Void Enforceable Conditional None 2. In a contingent contract, the event must be: Certain and collateral Uncertain and collateral Certain and essential Past and known None 3. Under Section 68, the supplier can recover the cost of necessaries from the __________ of the incompetent person. Guardian Relative Property Income None 4. A finder of goods has the same responsibilities as a: Promisor Bailee Creditor Pledger None 5. Section 69 applies when a person: Pays money voluntarily for another Pays money under coercion Pays money to protect his own interest when another is bound to pay Pays money to himself None 6. Which of the following is not a type of quasi-contract under the Indian Contract Act? Payment by an interested person Benefit of non-gratuitous act Offer and acceptance agreement Responsibility of finder of goods None 7. A quasi-contract is based on which principle? Free consent Equity and justice Consideration Offer and acceptance None 8. A contract that becomes enforceable only if a ship returns safely is an example of: Quasi-contract Void contract Contingent contract Implied contract None 9. Which section deals with “money paid by mistake or under coercion”? Section 70 Section 71 Section 72 Section 68 None 10. Section 33 of the Indian Contract Act relates to: Contracts contingent on an event happening Contracts contingent on an event not happening Agreements contingent on impossible events Payment by an interested person None Time's upRelated Posts:CMA Foundation MCQ – E-Contracts and E-SignatureCMA Foundation MCQ - Discharge of ContractsCMA Foundation MCQ - Legal Method and Court System in IndiaCMA Foundation MCQ – Primary and Subordinate Legislation
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