Consider the following objectives of the law relating to damages:
A. 1, 2 and 3
B. 2 and 3
C. 3 only
D. 1 and 2
Select an option to see the answer and solution.
When there is a breach of contract, special damages are awarded:
A. In all cases
B. Only when there are special circumstances
C. Only when there is a special loss
D. Only when there is a notice of the likely special loss
Select an option to see the answer and solution.
The act of submission of a tender is:
A. An act of making an offer pursuant to the notice inviting tender
B. An act of acceptance of the offer contained in the notice inviting tender
C. An act of entering into the contract
D. An act of making a counter proposal in pursuance to the notice inviting tender
Select an option to see the answer and solution.
"For an acceptance mere mental resolve to accept would not be sufficient; there must be some external manifestation of the intent by speech, writing or other act."
A. Fazal Ilahi v. East Indian Railway Co.
B. M. Nanjappa v. M.P. Muthuswamy
C. Dugdale v. Lovering
D. Bhagwan Das v. Girdhari Lal & Co.
Select an option to see the answer and solution.
Under which provision of Indian Contract Act the bank guarantee is governed
A. Section 126
B. Section 129
C. Section 135
D. Section 141
Select an option to see the answer and solution.
The following rules as to consideration is true:
A. It must be adequate
B. Must move at the desire of the promisor
C. It must be present or future
D. It must move at the desire of the promisee
Select an option to see the answer and solution.
Inadequacy of consideration could be taken into account by the court
A. When the proposer expresses his desire to get maximum return for the promise
B. When fraud is pleaded in the formation of the contract
C. When the promisor refuses to perform his promise
D. At the discretion of the court
Select an option to see the answer and solution.
Consent for a contractis free when it is caused by
A. Fraud
B. Coercion
C. Duress
D. Undue influence
Select an option to see the answer and solution.
In Indian Contract Act, the responsibility of finder of goods is provided under
A. Section 68
B. Section 69
C. Section 70
D. Section 71
Select an option to see the answer and solution.
Which one of the following statements is not correct?
A. All illegal agreements are void but all void agreements are not necessarily illegal
B. A wagering agreement is void but not illegal
C. An agreement with a minor is void but not illegal
D. A void agreement affects the performance of collateral transactions
Select an option to see the answer and solution.
Amongst the following who is an agent
A. A domestic servant
B. A person aiding another in the performance of his legal or contractual obligations of third persons
C. A person who tills another's field
D. None of the above
Select an option to see the answer and solution.
Pritam Kakkar, a famous singer, contracts with Tanisha Entertainment Ltd. (TBL), to sing live at theatre Magnetic Dreams (MD) for two nights in every week during the next two months. TBL engages to pay him 50,000/- rupees for each night's performance. On the sixth night, Pritam wilfuly absents himself from the theatre. TBL, in consequence, rescinds the contract. Choose the correct option as per the Indian Contract Act, 1872.
A. Pritam Kakkar has breached the contract willfully. So, he is not entitled for any payment whatsoever
B. TBL must pay him for the five nights on which he had sung at theatre
C. Since the contract is for two months, Pritam Kakkar is entitled for the total amount as per the terms of the contract
D. None of the above
Select an option to see the answer and solution.
Which of the following deals with agreement to do impossible act in the Indian Contract Act, 1872?
A. Section 52
B. Section 56
C. Section 55
D. Section 59
Select an option to see the answer and solution.
Under the Indian Contract Act, 1872, which of the following agreements is not void?
A. A contract in which consent has been obtained by fraud
B. A contract in which both parties are under a misrepresentation as to a matter of fact essential to the agreement
C. A contract in restraint of trade
D. None of the above, i.e., above contracts are void
Select an option to see the answer and solution.
Which of the following deals with how delivery to bailee is to be made in the Indian Contract Act, 1872?
A. Section 149
B. Section 135
C. Section 145
D. Section 140
Select an option to see the answer and solution.
For Specific Performance of a contract suit is to be instituted in
A. 3 years
B. 3 months
C. 6 months
D. No specific time limit unless mentioned in the contract
Select an option to see the answer and solution.
Indemnity-holder, acting within the scope of his authority, is entitled to recover from the promisor
A. All damages which he may be compelled to pay in any suit
B. All costs which he may be compelled to pay in any suit
C. All sums which he may have paid under the terms of any compromise of any suit
D. All of the above
Select an option to see the answer and solution.
The principle of 'anticipatory breach of contract' has been given under which Section of the Indian Contract Act, 1872?
A. Section 29
B. Section 49
C. Section 59
D. Section 39
Select an option to see the answer and solution.
A continuing guarantee may at any time be revoked by the surety, as to future transactions, by . . . . . . . .
A. Notice to the creditor
B. Notice of the principal debtor
C. Notice of both creditor and to the principal debtor
D. Notice to public
E. None of the above
Select an option to see the answer and solution.
Where both the parties to an agreement are under a mistake as to a matter of fact essential to the agreement, the agreement is
A. Voidable
B. Void
C. Illegal
D. None of the above
Select an option to see the answer and solution.
