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. In a contingent contract, the event must be: Certain and collateral Uncertain and collateral Certain and essential Past and known None 2. Under Section 68, the supplier can recover the cost of necessaries from the __________ of the incompetent person. Guardian Relative Property Income None 3. 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 4. A contract that becomes enforceable only if a ship returns safely is an example of: Quasi-contract Void contract Contingent contract Implied contract None 5. Which section deals with “money paid by mistake or under coercion”? Section 70 Section 71 Section 72 Section 68 None 6. A quasi-contract is based on which principle? Free consent Equity and justice Consideration Offer and acceptance None 7. 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 8. A finder of goods has the same responsibilities as a: Promisor Bailee Creditor Pledger None 9. Contingent agreements based on impossible events are: Valid Void Enforceable Conditional None 10. 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 Time's upRelated Posts:CMA Foundation MCQ – E-Contracts and E-SignatureCMA Foundation MCQ - Discharge of ContractsCMA Foundation MCQ – Breach of Contract and Remedies…CMA Foundation MCQ – Void and Voidable Agreements
Leave a Reply