Where the proposal and acceptance is through letters, the contract is made
A. At the place where the letter of acceptance is posted
B. At the place where the acceptance is received
C. At the place at which the acceptance is addressed
D. All of the above
Select an option to see the answer and solution.
A contract is not discharged by:
A. Breach
B. Frustration
C. Novation
D. Commercial hardship
Select an option to see the answer and solution.
In case of general offer, there is no need to communicate the acceptance if not required by the proposer. This has been held in
A. Carlill v. Carbolic Smoke Ball Co.
B. Bhagwandas v. Girdharilal
C. Lalmon Shukla v. Gauri Dutt
D. Ramji Dayawala and Sons v. Investment Import
Select an option to see the answer and solution.
When the agent contracts without disclosing name and existence of his principal, in such a case on knowing about the principal, the third party may file a suit against
A. Principal alone
B. Agent alone
C. Either agent or principal or both
D. None of the above
Select an option to see the answer and solution.
B, the proprietor of a newspaper, publishes, at A's request, a libel upon C in the paper, and A agrees to indemnify B against the consequences of the publication, and all costs and damages of the action in respect thereof. B is sued by C and has to pay damages and also incurs expenses. Decide in the light of Section 224 of the Indian Contract Act, 1872.
A. A is not liable to B upon indemnity
B. A is liable to B upon indemnity
C. A is not liable to C upon indemnity
D. None of above
Select an option to see the answer and solution.
A promise to subscribe to a charity is a:
A. Void contract
B. Void agreement
C. Voidable contract
D. Valid contract
Select an option to see the answer and solution.
The consent given will be considered to be valid cons ent if there is
A. Coercion
B. Undue influence
C. Free consent
D. Misrepresentation
Select an option to see the answer and solution.
A contract needs to be written, registered and signed by parties and witnessed
A. If any party wishes so
B. If the Contract Act directs so
C. If the law governing the contract requires so
D. If the consideration is of large amount
Select an option to see the answer and solution.
An agreement in restraint of trade is valid under section 27 if relates to
A. Sale of goodwill
B. Mutual adjustment
C. Business contingency
D. None of the above
Select an option to see the answer and solution.
An offer is:
A. Only a declaration of intention
B. Only a proposal
C. An invitation
D. A willingness to do or abstain doing something with view to obtaining assent of the addressee
Select an option to see the answer and solution.
Under the Indian Contract Act, 1872 an agreement not enforceable by law is said to be void. Under which of the following agreements is voidable?
A. Agreement is restraint of marriage
B. Agreement is restraint of trade
C. Agreement in restraint of fraud
D. Wagering Agreement
Select an option to see the answer and solution.
Agency can be terminated
A. By revocation by the principal
B. By notice of renunciation by the agent
C. By efflux of time
D. Either A or B
Select an option to see the answer and solution.
The basic of action under the remedy of quantum meruit is
A. Restitution
B. Rescission
C. Novation
D. All of the above
Select an option to see the answer and solution.
A stipulation for increased interest from the date of default is known as
A. Damage
B. Penalty
C. Liquidated damage
D. Compensation
Select an option to see the answer and solution.
Contract Act- Mere silence is not fraud unless
A. There is duty to speak
B. The silence is deceptive
C. There is a change in the circumstance to be brought to the notice of other party
D. All of these
Select an option to see the answer and solution.
Under Indian Contract Act, 1872, destruction of subject matter of contract leads to:
A. Performance of contract
B. Discharge by impossibility
C. Breach of Contract
D. Renovation of Contract
E. None of the above
Select an option to see the answer and solution.
A person, who sues for damages, under the law of contract:
A. Has a duty to mitigate the loss consequent upon the breach of contract
B. Has no duty to mitigate the loss consequent upon the breach of contract
C. Can claim damages for the sum inclusive of the amount of loss due to his negligence
D. None of the above
Select an option to see the answer and solution.
In case of bailment by joint owners
A. The bailee has tu deliver the goods to all the joint owners
B. The bailee has to deliver the goods to any one of the joint owners with the consent of other joint owners
C. The bailee can deliver the goods to one of the joint owners even without the consent of other joint owners
D. Either A or C
Select an option to see the answer and solution.
A' enters into a contract with 'B' to sell him 100 bales of cotton, and afterwards discovers that 'B' was acting as agent for 'C'. For the price of the cotton 'A' may sue . . . . . . . .
A. Only against 'C'
B. Only against 'B'
C. Against 'B' or 'C' or both
D. Neither against 'B' nor 'C'
Select an option to see the answer and solution.
Section 27 of the Indian Contract Act, 1872 in which of the following relation an agreement in restraint of trade is valid:
A. Mutual adjustment
B. Business contingency
C. Sale of goodwill
D. None of these
Select an option to see the answer and solution.