Sales Tax Officer 16

76 What is meant by executed consideration
(a) making of a reciprocal promise (b) doing an act in return for which a promise is given
(c) it is not at all unilateral (d) it is purely illegal

77 (1) Past consideration is not valid consideration in India
(2) Generally post consideration is valid consideration
(a) both (1) and (2) are right (b) both (1) and (2) are wrong
(c) (1) is right and (2) is wrong (d) (1) is wrong and (2) is right

79 (1) Since a loan to a minor is void, a guarantee of the loan must also be void
(2) All contracts entered into by infants shall be void
(a) both (1) and (2) are right (b) both (1) and (2) are wrong
(c) (1) is right and (2) is wrong (d) (1) is wrong and (2) is right

80 Doctrine of Restitution is related closely to
(a) It is highly favourable to minors (b) It is not favouring the minors
(c) Restitution does not stop where repayment begins (d) Repayment stops where restitution cannot begin