Relations Resembling Those Created By Contract MCQ Quiz in తెలుగు - Objective Question with Answer for Relations Resembling Those Created By Contract - ముఫ్త్ [PDF] డౌన్‌లోడ్ కరెన్

The correct answer is option 3.

Key Points

• Section 71 of Indian Contract Act deals with Responsibility of finder of goods.

• 1. Finder of Goods:

        Refers to an individual who discovers or comes into possession of goods (personal property) that belong to someone else.

• 2. Responsibility:

      The finder of goods is said to have a responsibility similar to that of a bailee.

• 3. Bailee:

      A bailee is a person who temporarily possesses or holds the personal property (goods) of another, with the understanding that the property will be returned          or otherwise dealt with as agreed upon.

• This implies that the finder of the goods may be obligated to take reasonable care of the goods and may have certain responsibilities regarding their safekeeping and eventual return to the rightful owner.

Additional Information

•  Chapter IX of Indian Contract Act deals with bailment.
• Section 148 of the Act- “Bailment”“bailor” and “bailee” defined.—
  • A “bailment” is 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 disposed of according to the directions of the person delivering them
  • . The person delivering the goods is called the “bailor”.
  • The person to whom they are delivered is called, the “bailee”.

The correct answer is B is bound to pay as A did not intend to supply the goods gratuitously and B enjoyed the benefits of A's act.

Key Points

• The above question resembles illustration (a) of Section 70 of the Indian Contract Act, 1872.
• Section 70 provides for the Obligation of person enjoying benefit of non-gratuitous act.
• It states that—Where a person lawfully does anything for another person, or delivers anything to him, not intending to do so gratuitously, and such other person enjoys the benefit thereof, the latter is bound to make compensation to the former in respect of, or to restore, the thing so done or delivered.

The correct answer is is subject to the same responsibility as a bailee.

Key Points

• Section 71 of the Indian Contract Act provides for the Responsibility of finder of goods.
• It states that—A person who finds goods belonging to another, and takes them into his custody, is subject to the same responsibility as a bailee.

​ Additional Information

• Section 151- Care to be taken by bailee—In all cases of bailment the bailee is bound to take as much care of the goods bailed to him as a man of ordinary prudence would, under similar circumstances, take of his own goods of the same bulk, quality and value as the goods bailed.​

The correct answer is Option 1.

Key Points

• Unlawful and void contracts are those agreements that are against the law or public policy. These contracts are considered null and void from the beginning and cannot be enforced by either party. They are deemed to have no legal effect and are invalid.
• Examples of unlawful and void contracts:
  • There are various situations where a contract may be considered unlawful and void.
  • Some examples include:
    • Contracts that involve illegal activities: Any agreement that involves engaging in illegal activities, such as drug trafficking or fraud, is considered unlawful and void.
    • Contracts that are against public policy: Contracts that are against the public interest or against the principles of morality are void. For example, an agreement to commit murder or to engage in human trafficking would be considered void.
    • Contracts with minors: Contracts entered into with minors (individuals below the age of majority) are generally voidable. However, there are certain exceptions where a minor may be held liable for a contract, such as for necessaries or for contracts of employment.

The correct answer is Mohori Bibee V. Dharmodas Ghose

 Key PointsFollowings are the key characteristics of minor's agreement:-

• agreement is void 
• No estoppel against minor 
• Doctrine of restitution applies in accordance with Specific Relief Act;
• No ratification of minor's agreement;
• Minor can be beneficiary to a contract (beneficial contract);
• No liability in contract or tort arising out of the contract.  

    MOHORI BIBEE Vs. DHARMODAS GHOSEILR (1903) 30 CAL 539 (PC) 

• First the trial court held that the contract between the Plaintiff and Defendant was void because at the time of the contract the Plaintiff was a minor. 
• Later Defendant filed an appeal in the Calcutta High Court where the High Court agreed with the verdict of the trial court and dismissed the appeal. 
• Again, Brahmo Dutta went to the Privy Council to appeal and the Privy Council also dismissed the case and held that the contract between appellant and respondent is void. 
• The final decision passed by The Privy Council was:- 
  • The contract with any minor is void-ab-initio (from the beginning). 
  • The Dharmodas Ghose was not held liable for the repayment of the loan because the contract was void-ab-initio.