Indian Contract Act:- Gods displayed in showcase of a shop with price tag is -
A. Invitation to offer
B. Counteroffer
C. Communication
D. None of these
Select an option to see the answer and solution.
X' in consideration of Rs. 10,000 lent by Y & Z, provides Y & Z jointly to repay them that sum with interest on a specified day. Y dies. The right to claim the performance
A. Is available to Y's representatives alone
B. Is available to Z alone
C. Is available to Y's representatives & Z both
D. Is available to Y's representatives & after the death of Z, his representatives
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Moses v. Macferlan (1555-1774) is a case relating to
A. Theory of unjust enrichment
B. The right of lien
C. Test of agency
D. Doctrine of frustration
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Which of the following act will not amount to 'fraud' within the meaning of Section 17 of The Indian Contract Act?
A. The active concealment of a fact by one having knowledge or belief of the fact
B. A promise made without any intention of performing it
C. The suggestion, as a fact, of that which is true, by one who does believe it to be true
D. None above
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An agreement in restraint of trade under Section 27 of the Indian Contract Act, 1872 is
A. Valid
B. Voidable
C. Void
D. Enforceable
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The doctrine of impossibility of performance rendering contracts void is based on
A. Implied term
B. Just & reasonable solution
C. Supervening impossibility
D. Unjust enrichment
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Offer as defined under section 2(a) is
A. Communication from one person to another
B. Suggestion by one person to another
C. Willingness to do or abstain from doing an act in order to obtain the assent of other thereto
D. None of the above
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A agrees to pay 'B' a sum of money, if 'B' marries 'C'. 'C' marries 'D'. The agreement is:
A. Void
B. Voidable
C. Legal
D. Illegal
Select an option to see the answer and solution.
An authority given by two or more principals can be terminated
A. By notice of revocation or renunciation given by or to all the principals
B. By notice of revocation or renunciation given by or to anyone of the principals
C. By notice of revocation or renunciation given by or to both the principals if there are only two principals
D. None of the above
Select an option to see the answer and solution.
When the court is unable to assess damages, the aggrieved party may be awarded:
A. Nominal damages
B. Exemplary damages
C. Actual damages
D. Liquidated damages
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A contract not specifying the place of performance . . . . . . . .
A. Can be performed at any place to the knowledge of the promisee
B. The promisor need not seek any instruction from the promisee as to the place of performance
C. The promisor has to apply to the promise for appointment of a place of performance and perform the promise at that place
D. The promisor can perform the promise at a place other than the place appointed by the promise
Select an option to see the answer and solution.
Which one of the following is a contingent contract?
A. A' insures his factory against damage or destruction by fire
B. A' sells his property subject to the condition that the property will be reconvened to him on repayment of price with interest
C. A guard is appointed at a swimming pool for the sole purpose of rescuing drowning persons
D. A borrower solemnly promises to pay off the lender when the borrower will be in funds
Select an option to see the answer and solution.
Under assignment of contract
A. Benefits under the contract can be assigned without the consent of other party
B. Burden under the contract cannot be assigned without the consent of other party
C. Both A and B
D. Neither A nor B
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Contract Act- A promise to pay time barred debt is
A. Not enforceable
B. Enforceable at the discretion of debtor
C. Enforceable
D. None of the above
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Which one of the legal propositions is correct?
A. It is necessary for a contract to be valid that the consideration should be adequate
B. Inadequacy of consideration does not affect the validity of the agreement
C. Inadequacy of consideration renders the contract void ab initio
D. An agreement made on account of natural love and affection, without consideration is void
Select an option to see the answer and solution.
A contingent contract is:-
A. Dependent or conditional upon the happening or non-happening of a future event or contingency
B. Dependent or conditional upon the happening of a future event or contingency
C. Independent or unconditional contract
D. None of the above
Select an option to see the answer and solution.
Under the Contract Act, if the existing cause of action gets substituted by new cause of action arising out of agreement, then
A. The admiralty claim is maintainable
B. The admiralty daim is not maintainable
C. Admiralty claim is superseded by other claims
D. Changes in cause of action does not affect admiralty claim
Select an option to see the answer and solution.
Assertion (A): A stranger to a contract cannot enforce the contract.
Reason (R): He is not party to contract and can not take benefit.
A. (A) and (R) both are true and (R) is correct explanation of (A)
B. (A) and (R) both are true, but (R) is not the correct explanation of (A)
C. (A) is true, but (R) is false
D. (A) is false, but (R) is true
Select an option to see the answer and solution.
An acceptance can be revoked
A. At any time before the communication of acceptance is complete as against the promisee
B. After its acceptance comes to the knowledge of the promise
C. Both A and B
D. Neither A nor B
Select an option to see the answer and solution.
Match
List-I with
List-II and select the correct answer by using the given below the lists :
List-I
List-II
a. A Railway Time Table
1. Is invitation to offer
b. Public Notification for Tender
2. Is a general offer
c. Picking up an article from shelves And putting it in his basket in a 'Self-service Mall'
3. Is acceptance of an offer
d. 'A' says to 'B' That if 'A's offer is not accepted, 'B' should say 'No' immediately 'B' keeps silent
4. It is not he acceptance of the offer
A. a-2, b-1, c-4, c-3
B. a-1, b-2, c-3, c-4
C. a-4, b-2, c-1, c-3
D. a-3, b-4, c-2, c-1
Select an option to see the answer and solution.